(Food-Beverage-News.Com, January 25, 2018 ) The Global Carrot and Turnip Market was worth USD XX billion in 2016 and estimated to be growing at a CAGR of XX%, to reach USD XX billion by 2021. The carrot is a root vegetable, usually orange in colour, though purple, black, red, white, and yellow cultivars exist. Carrots are a domesticated form of the wild carrot, native to Europe and south-western Asia.
The turnip or white turnip is a root vegetable commonly grown in temperate climates worldwide for its white, bulbous taproot. The country with the biggest volume of carrot and turnip output was China (18,000 thousand tonnes), accounting for 43% of global production. Moreover, carrot and turnip output in China surpassed the figures recorded by the world's second largest producer, Uzbekistan.
The growth of the global vital Carrot and Turnip market is driven by the growing health consciousness and the rising number of mergers and acquisitions and the strategic collaborations between companies coupled with the increasing investment of vendors to maintain a steady supply of apples. The introduction of new products and flavours has also contributed to the growth of the market.
The Global Carrot and Turnip market is segmented on the basis of volume, distribution channels and by region. On the basis of volume, the market is segmented into imports and exports by countries. On the basis of distribution channels, the market is segmented into convenience stores, supermarkets, hypermarkets, online stores and others.
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, North America led the global Carrot and Turnip market in terms of market share. The market for these Carrot and Turnip in Asia-Pacific area is amplifying because more of consumption. The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the Carrot and Turnip market in the following years when compared with the seasoned markets of developed regions.
The major players operating in the Global Carrot and Turnip industry include Groupe Vegco, Suttind Seeds, Premium Fresh, Jung Seed, Willowbrook Foods, and Charles Hard Seed Company.
Market Segmentation Volume Introduction Imports Exports Y-o-Y Growth Analysis, By Volume Market Attractiveness Analysis, By Volume Market Share Analysis, By Volume
Distribution Channels Introduction Convenience Stores Supermarkets/Hypermarkets Online Stores Others Y-o-Y Growth Analysis, By Distribution Channels Market Attractiveness Analysis, By Distribution Channels Market Share Analysis, By Distribution Channels
The scope of the report: • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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