Broccoli Powder Market

Global Broccoli Powder Market Size, Share & Trends Analysis Report By Nature (Conventional and Organic), By Distribution Channel (B2B and B2C), By Application, By Regional Outlook and Forecast, 2024 - 2031

Report Id: KBV-24760 Publication Date: September-2024 Number of Pages: 287
2023
49.2 Million
2031
106.8 Million
CAGR
10.8%
Historical Data
2020 to 2022

“Global Broccoli Powder Market to reach a market value of 106.8 Million by 2031 growing at a CAGR of 10.8%”

Analysis of Market Size & Trends

The Global Broccoli Powder Market size is expected to reach $106.8 million by 2031, rising at a market growth of 10.8% CAGR during the forecast period. In the year 2023, the market attained a volume of 816 tonnes, experiencing a growth of 10.8% (2020-2023).

The vegan and vegetarian movement has become a mainstream dietary choice in Europe, especially in countries like Germany, the U.K., and the Netherlands. Germany, in particular, has established itself as a leader in the vegan food industry, with over 10% of its population identifying as vegetarian or vegan. Organic, plant-based products are highly valued by consumers in this region, and broccoli powder is a natural match for these trends. Therefore, the Europe segment acquired 31% revenue share in the market in 2023. In terms of volume, 249.63 tonnes of Broccoli powder is expected to be utilized in this region by the year 2031. The popularity of functional foods, combined with a strong demand for organic supplements, has solidified Europe as a key region for broccoli powder demand.

Broccoli Powder Market Size - Global Opportunities and Trends Analysis Report 2020-2031

Functional foods support specific health goals, such as improving heart health, boosting immunity, or reducing inflammation. Broccoli powder, rich in essential nutrients, phytochemicals like sulforaphane, and antioxidants, fits perfectly within this category. Sulforaphane, a compound present in broccoli, has been extensively investigated for its potential to mitigate the risk of specific cancers, such as breast, prostate, and colon cancer, as well as to offer anti-inflammatory and cardiac health benefits. Hence, as consumers increasingly prioritize their health, the demand for functional foods incorporating broccoli powder is set to grow worldwide.

Moreover, with consumers increasingly shifting toward online shopping for health and wellness products, e-commerce platforms have become key enablers of market expansion for niche products like broccoli powder. According to the United Nations Conference on Trade and Development (UNCTAD), the proportion of online retail sales in total retail sales increased from 16% to 19% in 2020 as a result of the significant increase in e-commerce and the movement restrictions imposed by COVID-19. Consequently, the market has experienced substantial growth as a result of the global reach of online platforms, the ability to compare and review products, and the simplicity of access. 

However, although broccoli powder is rich in essential nutrients like vitamins C and K, fiber, and antioxidants, it remains a relatively niche product in the broader health supplement industry. Many consumers are unaware of its existence, let alone its specific health benefits, such as promoting heart health, improving digestion, or supporting the immune system. This low level of awareness makes it difficult for broccoli powder to gain traction in a competitive market dominated by more popular health products. Hence, the lack of consumer awareness limits immediate sales and adds to the long-term challenge of building market recognition.

Driving and Restraining Factors
Broccoli Powder Market
  • Increasing Demand for Functional Foods
  • Rise Of Vegan and Vegetarian Diets
  • Growth of E-Commerce Platforms
  • Limited Consumer Awareness of Broccoli Powder
  • Competition from Alternative Products
  • Rising Demand for Organic Products
  • Increased Use in Infant Nutrition
  • Substantial Taste and Texture Issues
  • Short Shelf Life of Broccoli Powder

Nature Outlook

Based on nature, the market is bifurcated into conventional and organic. The conventional segment garnered 82% revenue share in the market in 2023. In terms of volume, 1,286.61 tonnes of conventional Broccoli powder is expected to be utilized by the year 2031. Conventional broccoli powder's extensive availability and lower production costs are the primary factors contributing to its dominance, which has made it more accessible to a broader consumer base. Conventional broccoli powder also benefits from established supply chains and mass production capabilities, further boosting its market presence and affordability, particularly in regions with high demand for nutrient-rich, budget-friendly food products.

Application Outlook

On the basis of application, the market is classified into nutritional supplements, food & beverages, cosmetics, animal feed, and others. The food & beverages segment acquired 45% revenue share in the market in 2023. In terms of volume, 641.80 tonnes of Broccoli powder is expected to be utilized in food & beverages by the year 2031. There is an increasing consumer demand for functional foods that provide health benefits, including immune support and overall wellness, which may account for this dominance.

Broccoli Powder Market Share and Industry Analysis Report 2023

Distribution Channel Outlook

By distribution channel, the market is divided into B2B and B2C. The B2C segment garnered 22% revenue share in the market in 2023. In terms of volume, 360.39 tonnes of Broccoli powder is expected to be sold through B2C by the year 2031. Health-conscious individuals purchase broccoli powder through online platforms, health food stores, and supermarkets for personal use, adding it to their diets for its nutrient-dense properties. Increasing knowledge of micronutrients as well as the ease with which consumers may acquire and purchase broccoli powder, which has been made possible by the growth of e-commerce, are directly responsible for the growth of the segment.

Free Valuable Insights: Global Broccoli Powder Market size to reach USD 106.8 Million by 2031

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment procured 37% revenue share in the market in 2023. In terms of volume, 343.22 tonnes of Broccoli powder is expected to be utilized in the region by the year 2031. This dominance is primarily driven by the growing health consciousness among consumers and the strong demand for organic and functional food products in the U.S. and Canada. The increasing prevalence of broccoli powder as a key ingredient in health-focused snacks, nutritional supplements, and smoothies has been further fueled by the emergence of plant-based diets and veganism in North America.

Broccoli Powder Market Report Coverage
Report Attribute Details
Market size value in 2022 USD 49.2 Million
Market size forecast in 2030 USD 106.8 Million
Base Year 2022
Historical Period 2019 to 2021
Forecast Period 2023 to 2030
Revenue Growth Rate CAGR of 10.8% from 2024 to 2031
Quantitative Data Volume in Tonnes, Revenue in USD Million, and CAGR from 2020 to 2031
Number of Pages 287
Tables 689
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Nature, Distribution Channel, Application, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Nutra Green Biotechnology Co., Ltd., Saipro Biotech Private Limited, Nutradry Pty. Ltd., Xi'an Lifewe Biological Technology Co., Ltd., Pioneer Herb Industrial Co.,Ltd., American International Foods, Inc., Nutraonly (Xi'an) Nutritions Inc., Incoltec, VehGro B.V.
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List of Key Companies Profiled

  • Nutra Green Biotechnology Co., Ltd.
  • Saipro Biotech Private Limited
  • Nutradry Pty. Ltd.
  • Xi'an Lifewe Biological Technology Co., Ltd.
  • Pioneer Herb Industrial Co.,Ltd.
  • American International Foods, Inc.
  • Nutraonly (Xi'an) Nutritions Inc.
  • Incoltec
  • VehGro B.V.

Broccoli Powder Market Report Segmentation

By Nature (Volume, Tonnes, USD Million, 2020-2031)

  • Conventional
  • Organic

By Distribution Channel (Volume, Tonnes, USD Million, 2020-2031)

  • B2B
  • B2C

By Application (Volume, Tonnes, USD Million, 2020-2031)

  • Food & Beverages
  • Nutritional Supplements
  • Cosmetics
  • Animal Feed
  • Other Applications

By Geography (Volume, Tonnes, USD Million, 2020-2031)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA
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