Authored By: Sarah
15 Jul 2024

 Parsley Market Size to grow by USD 1253.6 million between 2024-2028

According to a research report “ Parsley Market” by Product (Fresh parsley, Dry parsley) Distribution Channel (Offline, Online) Geography (Europe, APAC, North America, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1253.6 million, at a CAGR of almost 4.87% during the forecast period. The private-label parsley market is experiencing significant growth as retailers worldwide expand their offerings under their branded labels. Major players, including Alibaba and Amazon's 365 Everyday Value, are capitalizing on the increasing demand by introducing various types of parsley, such as organic, to boost profitability. The private-label segment has seen substantial expansion in the last decade, contributing to the overall growth of the global parsley market.

Browse market data tables, figures, and in-depth TOC on “Parsley Market” by Product (Fresh parsley, Dry parsley) Distribution Channel (Offline, Online) Geography (Europe, APAC, North America, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample

 

By Product, the Fresh parsley segment is projected to dominate the market size in 2024

The Parsley Market primarily thrives through offline distribution channels, with retail formats such as specialty stores, hypermarkets, supermarkets, convenience stores, and warehouse clubs being the major revenue generators. These channels, particularly large-scale retailers like hypermarkets, supermarkets, and department stores, contribute significantly to the market's total revenue due to their extensive product offerings, discounts, and promotional deals. The increasing penetration of organized retail stores has resulted in a notable uptick in parsley sales, with many of these outlets dedicating separate sections to herbs.

By Distribution Channel, Offline  segment is expected to hold the largest market size for the year 2024

In the parsley market, there exists a significant demand due to its versatile applications and health benefits. This culinary herb, rich in vitamin K, is primarily utilized for enhancing the aesthetic appeal and taste of various dishes and beverages. Its finely chopped form is commonly added to salads, vegetable curries, soups, sandwiches, and casseroles. Beyond its culinary uses, parsley is also believed to contribute to the prevention of Alzheimer's disease and eye diseases, making it a valuable commodity in the health and wellness sector.

Europe is forecasted to hold the largest market size by region in 2024

In the business realm, Parsley Market distinguishes itself by offering a diverse range of high-quality herbs and spices. Our commitment to freshness and authenticity sets us apart from competitors. By sourcing directly from trusted farmers and implementing rigorous quality control measures, we ensure the finest products reach our customers. Parsley Market's extensive inventory caters to various industries, including foodservice, retail, and manufacturing, making us a versatile partner in the culinary world.

The Parsley Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AgriFutures Australia
  • Aum Agri Freeze Foods
  • B and G Foods Inc.
  • Badia Spices Inc.
  • Camstar Herbs Ltd.
  • Frontier Co op
  • Geo Fresh Organic
  • GreenDNA India Pvt. Ltd.
  • Kroger Co.
  • Litehouse Inc.
  • McCormick and Co. Inc.
  • Morton and Bassett
  • Naturevibe Botanicals
  • NOMU Brands Pty Ltd.
  • O IJA
  • Pereg Gourmet Spices
  • Swanson Health Products Inc.
  • The Pahari Life
  • The Watkins Co.
  • Universal Parsley Indonesia
.

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Research Analysis Overview

The Parsley Market holds significant value in the health and wellness sector due to the versatile uses of Parsley (Petroselinum crispum), an herb rich in essential nutrients like Folate and Potassium. Parsley is widely recognized for its medicinal benefits, including the treatment of various conditions such as Psoriasis, Broken capillaries, and Digestive complaints. Beauty treatments also incorporate Parsley oil and seeds for Lice elimination, Hair growth, and Menstrual difficulties. The Pharmaceuticals industry leverages Parsley's organic ingredients, including Parsley Market's Folate and Potassium-rich leaves, in the production of various medicines. Additionally, Parsley's culinary applications extend beyond Flavors and Herbs, offering a myriad of health benefits for Rickets, Rheumatism, Arthritis, and Sciatica. Parsley Market caters to the demand for this nutrient-dense herb through convenience stores and specialty markets, ensuring easy access to consumers seeking its numerous health advantages.

Market Research Overview

The Parsley Market encompasses a wide range of products derived from the herb, Petroselinum crispum, which is a member of the Apiaceae family. This market includes the sales of Perfumes, Cosmetics, and Soaps infused with Parsley seed oil. The Pharma vertical produces Cutting Edge Parsley seed oil for use in Pharmaceuticals, addressing various health concerns such as Fatigue, Nausea, Pain, Abdominal cramp, and Menstruation regulation. Parsley seeds are also used in Organic Trade Association certified products, free from Insecticides and Pesticides, ensuring Organic farming practices. The market extends to Home gardens, supplying High-quality Parsley seeds for Fresh farming practices and Organic ingredients in Beauty treatments. Additionally, Parsley oil is used for Lice elimination, Hair growth, and treating conditions like Varicose veins, Psoriasis, and Broken capillaries. The market caters to various Industry verticals, including Convenience stores, Food companies, and Agriculture, employing sustainable farming practices like Permaculture and Fresh farming techniques. Parsley's Antimicrobial and Anti-inflammatory properties make it a valuable addition to various Cuisines, Flavors, Herbs, and Spices, offering Medicinal benefits. Other herbs like Mint, Chives, Basil, Coriander, and the various types of Parsley, such as French curly parsley and flat leaf parsley, are also part of this dynamic market.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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