According to the recent study titled ‘Artichokes Market to 2027 - Global Analysis and Forecasts By Origin; Product Type , Elongated Artichokes {Siena, Others}); Application and Geography’, available with Market Study Report, global artichokes market was worth USD 3,048.1 million in 2018 and is projected to surpass USD 4,464.1 million by 2027, expanding with a CAGR of 4.4% over the study duration
 

Rising health conscious population, growing and increasing demand from beverages industry are fueling the growth of global artichokes market. Further, upsurge in demand for processed/frozen artichokes is positively impacting the business landscape. However, concentrated production of artichokes and its seasonal availability are seen as major restraints on the industry growth, cites the study.
 

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For those unfamiliar, artichoke is a thorn-like plant from the sunflower family, which are mostly cultivated in Mediterranean nations. It is generally consumed when flower buds are immature and is a  rich source of chromium, fiber folate, antioxidants, magnesium, and nutrient C. Fresh or jarred artichokes are prominently used in salads and pastas. They are also a part of tarts, dips, and toppings in pizza and other cuisines.
 

Based on origin, global artichokes market are divided into organic and conventional. Whereas the product landscape is bifurcated into elongated artichokes and globe artichokes. Moving onto the application spectrum, the market is categorized into liqueur, pharmaceutical, and others.
 

As per the regional assessment, artichokes are boiled, steamed, or roasted with sauces and flavors for creating variety of dishes particularly in Middle East, North Africa, Armenia, and Turkey. On the hand, several traditional & authentic home recipes for artichokes can be found in Spain, Italy, Turkey, Egypt, and Ireland. Italy artichoke market is anticipated to witness notable gains in the upcoming years, driven by factors such as favorable government policies and ongoing globalization.
 

Major players in global artichokes market are Caprichos del Paladar S.L.U., Herrawi Group, Ole, Ocean Mist Farms, Master Fruit Srl, Gaia Herbs, LLC, Agro T18 Italia Srl, and Sa Marigosa Società Consortile a r.l.