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 positive growth due to the rising consumer preference for organic jicama. Consumers are increasingly perceiving organic jicama as a healthier alternative to conventional jicama, driving demand for organic products. Market participants are responding to this trend by introducing organic jicama offerings. Notably, organic jicama is cultivated without the use of pesticides and insecticides, ensuring the absence of harmful chemical residues. This perception of safety and healthiness distinguishes organic jicama from conventionally grown products.
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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 |
fragmentation |
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 with various delicious and creative dishes! Enjoy Jicama as chips, salad, slaw, noodles, smoothies, juice, pickles, stir-fry, salsa, relish, soup, tacos, burritos, spring rolls, wraps, fritters, croquettes, bread, flour, starch, powder, extract, and supplements. Explore its farming, cultivation, and production methods to fully appreciate this unique root vegetable.
The Jicama market caters to vendors specializing in the production and packaging of this tuberous root, known for its crisp texture, mild flavor, and nutritional benefits. In the broader context, the global packaged foods and meats market, as per Technavio's analysis, encompasses businesses engaged in food processing for microbe elimination and shelf life extension. This market's size is determined by the consolidated revenue of the participating vendors, excluding food processing equipment manufacturers and packaged beverage producers. Factors fueling the market's growth include the health advantages linked to minimally processed foods, such as Jicama, which are rich in essential nutrients like 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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