Food & Beverage Market Research News

New report: Asia Pacific's carrot and turnip market forecast 2016-2021

Food & Beverage Market Research

Asia Pacific Carrot And Turnip Market By Volume (imports, Exports), By Distribution Channel (specialty Stores, Supermarkets, Hypermarkets) And By Region

Asia Pacific Carrot and Turnip Market was worth USD XX million in 2016 and estimated to be growing at a CAGR of XX%, to reach USD XX million by 2021. Carrot and Turnip is a fruit juice made by the maceration and pressing of an apple.

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.

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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.

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The growth of the Asia-Pacific Carrot and Turnip Market is mainly 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.

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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 Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia-Pacific is predicted to grow with the highest CAGR during the forecast period.

Factors such as growing consumption coupled with the rapid growth in distribution channels are anticipated to lead the growth of the market in this region.

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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.

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