Asparagus is a spring vegetable, a flowering perennial plant species in the genus Asparagus. It was once classified in the lily family, like the related Allium species, onions and garlic, but the Liliaceae have been split and the onion-like plants are now in the family Amaryllidaceous and Asparagus in the Asparagaceae. Sources differ as to the native range of Asparagus officinalis, but generally include most of Europe and western temperate Asia. It is widely cultivated as a vegetable crop.
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Asparagus is actively sought by major companies as a key ingredient in soups on account of its nutritive properties and palatable taste. Asparagus is widely predicted to become the primary choice in the soup manufacturing industry as many companies already make soup with asparagus and this is only expected to grow in the future.The number of organic growers of asparagus in the global asparagus market is rising every year because of the high demand for organic asparagus.
Fresh asparagus is highly preferred over its canned and frozen counterparts in the global asparagus market.
Over the next five years, projects that Fresh and Processed Asparagus will register a 5.1% CAGR in terms of revenue, reach US$ 700 million by 2023, from US$ 520 million in 2017.This report presents a comprehensive overview, market shares, and growth opportunities of Fresh and Processed Asparagus market by product type, application, key manufacturers and key regions.
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