Data Bridge Market Research analyses that the spinach market will project a compound annual growth rate (CAGR) of 6.70% during the forecast period of 2022-2029 and is expected to reach 1.24 Billion in 2029
Spinach is a leafy green vegetable that invented in Persia. It belongs to the amaranth family and is related to beets and quinoa. The growing demand from households is the major factor accelerating the growth of the market. Furthermore, increase in the demand for the product owning to the the unique nutritional content of spinach, which includes carotenoids, folic acid, vitamins and minerals accelerate the market growth. In addition, spinach leaves possessing anti-carcinogenic, antimicrobial and antioxidant properties and prevalence of wide consumer base are also expected to drive the growth of the spinach market. However, high amounts of oxalic acid in spinach may restrain the spinach market.
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Some of the major players operating in the spinach market report are GEA Group Aktiengesellschaft, SPX FLOW, Krones AG, Tetra Pak International S.A., ALFA LAVAL, JBT., I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A, Feldmeier Equipment, Inc., Scherjon Dairy Equipment Holland B.V., Coperion GmbH, Van den Heuvel Dairy & Food Equipment B.V., GEMAK, Sealtech Engineers Private Limited, Inoxpa S.A., Stephan Machinery., SSP Pvt. Ltd, Saputo Inc., Mahanagar Engineering Pvt. Ltd, Dairy Tech India., ABL TECHNOLOGIES LTD, Varsha Engineers among other. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Scope of the Spinach Market Report:
The spinach market is segmented on the basis of nature, distribution channel and end use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the nature, the spinach market is segmented into organic and conventional.
- Based on the distribution channel, the spinach market is segmented into store-based retailing, grocery retailers, modern grocery retailers, convenience stores, hypermarkets andsupermarkets.
- Based on the end use, the spinach market is segmented into food processing, nutraceuticals, dietary supplement and beverages.
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Spinach Market Regional Analysis/Insights
The Spinach market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Spinach market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Spinach within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Spinach market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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