The Parsley Market is being driven by Increasing prominence of private-label brands
The Parsley Market is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1395.6 million. In the organic parsley market segment, companies prioritize the production of parsley products derived from non-GMO plants, grown without the use of synthetic herbicides, fertilizers, and pesticides. Organic cultivation of parsley emphasizes biodiversity, ecological processes, and local climate adaptation. Regulatory bodies, such as the USDA and the non-GMO Project, oversee the certification of organic parsley. Consumers value these products due to their absence of synthetic additives and perceived health benefits. Notable companies in this market include Geo Fresh Organic and Morton and Bassett.
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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 |
195 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.1% |
Market growth 2025-2029 |
USD 1395.6 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.8 |
Key countries |
US, China, UK, Japan, Germany, India, Italy, France, South Korea, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Parsley Market caters to various industries, including convenience stores and pharmaceuticals, with high-demand for organic "Petroselinum crispum" products. Parsley seeds and oil bring medicinal benefits, addressing menstrual difficulties, digestive complaints, and even hair growth. Beauty treatments also utilize parsley for lice elimination and reducing the appearance of broken capillaries. The versatile herb's applications extend beyond the kitchen.
The Apiaceae family, specifically Petroselinum crispum, is a key ingredient in the food industry due to the medicinal benefits of parsley. Parsley, an organic ingredient, is widely used in packaged foods and meats as it adds value with its nutritional properties. The global packaged foods and meats market, valued by its combined revenue, encompasses vendors involved in food processing for microbial elimination and shelf life extension. Parsley seeds and oil are essential components, contributing to the market's growth. The health benefits of minimally processed foods, such as parsley, are driving market expansion, as consumers increasingly seek nutrient-rich alternatives.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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