The Jicama Market is being driven by Health benefits of jicama
The Jicama Market is expected to grow at a CAGR of 8.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3759.6 million. The global jicama market is experiencing significant growth due to the rising consumer preference for organic jicama. The perception that organic jicama is a healthier alternative to conventional jicama is driving demand for this variant. In response, market players are introducing organic jicama products to meet consumer needs. Notably, organic jicama is cultivated without the use of pesticides and insecticides, ensuring the absence of harmful chemical residues. This attribute enhances the product's safety and health benefits, making it an attractive option for health-conscious consumers.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
214 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.5% |
Market growth 2025-2029 |
USD 3759.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
7.7 |
Key countries |
US, Japan, Germany, France, China, Canada, UK, India, Australia, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Discover the versatility of Jicama in various delicious dishes and preparations. From crunchy Jicama Chips and refreshing Jicama Salad, to savory Jicama Slaw and noodles, and cool Jicama Smoothies and Juice. Also explore unique creations like Jicama Pickles, Stir-fry, Salsa, Relish, Soup, Tacos, Burritos, Spring Rolls, Wraps, Fritters, Croquettes, Bread, Flour, Starch, Powder, Extract, and Supplements. Delve into Jicama Farming, Cultivation, and Production for a deeper understanding of this intriguing root vegetable.
The Jicama market caters to vendors specializing in the production and packaging of this tuberous root, offering consumers a crisp texture and mild flavor, while maintaining its nutritional value. Notably, Jicama is rich in Vitamin C and fiber content, making it a low-calorie option for health-conscious consumers. In the broader context, the global packaged foods and meats market, as per Technavio, encompasses food processing businesses focused on enhancing food safety and shelf life. This market's size is determined by the consolidated revenue of participating vendors, excluding food processing equipment manufacturers and packaged beverage producers. The market's growth is driven by the increasing consumer preference for minimally processed foods, which are recognized for their nutritional benefits, such as potassium, dietary fiber, folate (folic acid), Vitamin A, and Vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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