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PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1401140

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PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1401140

Asia Pacific Edible Asparagus Market, By Type ; By Application ; By Distribution Channel ; By Country ; Trend Analysis, Competitive Landscape & Forecast, 2019-2029

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Asia Pacific Edible Asparagus Market Size Set to Expand at a Steady CAGR of 5.17% During 2023-2029, Reaching USD 133.81 Million by 2029

Asia Pacific Edible Asparagus Market is gaining traction because of a spurring demand for healthy foods driven by growing awareness about health and well being.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia Pacific Edible Asparagus Market size at USD 98.87 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Asia Pacific Edible Asparagus Market size to grow at a CAGR of 5.77% reaching a value of USD 133.81 million by 2029. Growing number of health consciousness consumer and the availability of edible asparagus in convenient forms, including frozen and canned packaging, are key growth factors for the Asia Pacific edible asparagus market. Moreover, a notable shift in customer preferences toward organic produce-which does not employ any artificial additives-is anticipated to propel the Asia Pacific edible asparagus market growth during the period in analysis.

Opportunity - Expanding into New Markets in Southeast Asia

Due to its non-native origins in Southeast Asia's cuisine and yield, asparagus was in low demand due to its availability in local markets. Major players in the Asia Pacific Edible Asparagus Market now have profitable growth prospects to tap into untapped markets, like India, to increase the potential of their businesses. In recent years, there has been a notable increase in the import of a variety of exotic commodities, including asparagus, kiwi, and hazelnuts. Demand for asparagus is expected to rise throughout the projection period due to rising income levels and increased accessibility to these goods in local supermarkets/hypermarkets and online grocery shops.

Asia Pacific Edible Asparagus Market - By Application

Based on application, the Asia Pacific Edible Asparagus Market is segmented into food and others. The food segment accounts for a higher market share owing to the prevalent health benefits of asparagus consumption and rising health consciousness among consumers. Asparagus is rich in antioxidants and folic acid and contains vitamins E and K. It is also recommended to people to achieve improved digestive health and reduce the risk of disease, which is emerging as a major driving factor for the rising consumption of asparagus as a staple vegetable in the Asia Pacific.

Competitive Landscape

Major players operating in the Asia Pacific Edible Asparagus Market include Aozora Asparagus, Beidahuang Asparagus Group, China Asparagus Corporation, Dezhou Asparagus Group, Fengxian Asparagus, Guangdong Asparagus Co, Ltd, Heilongjiang Asparagus Group, Jiangsu Asparagus Group, Shandong Asparagus Group, and Xinjiang Asparagus Group. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Asia Pacific Edible Asparagus Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Asia Pacific Edible Asparagus Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC231012

Table of Contents

1. Research Framework

  • 1.1. Research Objective
  • 1.2. Product Overview
  • 1.3. Market Segmentation

2. Executive Summary

3. Asia Pacific Edible Asparagus Market Insights

  • 3.1. Technology Value Chain Analysis
  • 3.2. DROC Analysis
    • 3.2.1. Growth Drivers
      • 3.2.1.1. Growing demand for healthy foods
      • 3.2.1.2. Rising disposable incomes
      • 3.2.1.3. Increasing urbanization
    • 3.2.2. Restraints
      • 3.2.2.1. High price
      • 3.2.2.2. Perishable nature of Asparagus
    • 3.2.3. Opportunities
      • 3.2.3.1. Product innovation
      • 3.2.3.2. Expanding into new markets in Southeast Asia
    • 3.2.4. Challenges
      • 3.2.4.1. Infrastructure challenges
      • 3.2.4.2. Food safety concerns
  • 3.3. Technological Advancements/Recent Developments
  • 3.4. Regulatory Framework
  • 3.5. Porter's Five Forces Analysis
    • 3.5.1. Bargaining Power of Suppliers
    • 3.5.2. Bargaining Power of Buyers
    • 3.5.3. Threat of New Entrants
    • 3.5.4. Threat of Substitutes
    • 3.5.5. Intensity of Rivalry

4. Asia Pacific Edible Asparagus Market Overview

  • 4.1. Market Size & Forecast by Value, 2019-2029
    • 4.1.1. By Value (USD Million)
  • 4.2. Market Share & Forecast
    • 4.2.1. By Type
      • 4.2.1.1. Fresh
      • 4.2.1.2. Frozen
    • 4.2.2. By Application
      • 4.2.2.1. Food
      • 4.2.2.2. Others
    • 4.2.3. By Distribution Channel
      • 4.2.3.1. Supermarkets & Hypermarkets
      • 4.2.3.2. E-commerce Platforms
      • 4.2.3.3. Departmental Stores
      • 4.2.3.4. Specialty Shops
      • 4.2.3.5. Others
    • 4.2.4. By Country
      • 4.2.4.1. China
      • 4.2.4.2. India
      • 4.2.4.3. Japan
      • 4.2.4.4. South Korea
      • 4.2.4.5. Australia & New Zealand
      • 4.2.4.6. Indonesia
      • 4.2.4.7. Malaysia
      • 4.2.4.8. Singapore
      • 4.2.4.9. Vietnam
      • 4.2.4.10. Rest of APAC

5. China Edible Asparagus Market Overview

  • 5.1. Market Size & Forecast by Value, 2019-2029
    • 5.1.1. By Value (USD Million)
  • 5.2. Market Share & Forecast
    • 5.2.1. By Type
    • 5.2.2. By Application
    • 5.2.3. By Distribution Channel

6. India Edible Asparagus Market Overview

  • 6.1. Market Size & Forecast by Value, 2019-2029
    • 6.1.1. By Value (USD Million)
  • 6.2. Market Share & Forecast
    • 6.2.1. By Type
    • 6.2.2. By Application
    • 6.2.3. By Distribution Channel

7. Japan Edible Asparagus Market Overview

  • 7.1. Market Size & Forecast by Value, 2019-2029
    • 7.1.1. By Value (USD Million)
  • 7.2. Market Share & Forecast
    • 7.2.1. By Type
    • 7.2.2. By Application
    • 7.2.3. By Distribution Channel

8. South Korea Edible Asparagus Market Overview

  • 8.1. Market Size & Forecast by Value, 2019-2029
    • 8.1.1. By Value (USD Million)
  • 8.2. Market Share & Forecast
    • 8.2.1. By Type
    • 8.2.2. By Application
    • 8.2.3. By Distribution Channel

9. Australia & New Zealand Edible Asparagus Market Overview

  • 9.1. Market Size & Forecast by Value, 2019-2029
    • 9.1.1. By Value (USD Million)
  • 9.2. Market Share & Forecast
    • 9.2.1. By Type
    • 9.2.2. By Application
    • 9.2.3. By Distribution Channel

10. Indonesia Edible Asparagus Market Overview

  • 10.1. Market Size & Forecast by Value, 2019-2029
    • 10.1.1. By Value (USD Million)
  • 10.2. Market Share & Forecast
    • 10.2.1. By Type
    • 10.2.2. By Application
    • 10.2.3. By Distribution Channel

11. Malaysia Edible Asparagus Market Overview

  • 11.1. Market Size & Forecast by Value, 2019-2029
    • 11.1.1. By Value (USD Million)
  • 11.2. Market Share & Forecast
    • 11.2.1. By Type
    • 11.2.2. By Application
    • 11.2.3. By Distribution Channel

12. Singapore Edible Asparagus Market Overview

  • 12.1. Market Size & Forecast by Value, 2019-2029
    • 12.1.1. By Value (USD Million)
  • 12.2. Market Share & Forecast
    • 12.2.1. By Type
    • 12.2.2. By Application
    • 12.2.3. By Distribution Channel

13. Vietnam Edible Asparagus Market Overview

  • 13.1. Market Size & Forecast by Value, 2019-2029
    • 13.1.1. By Value (USD Million)
  • 13.2. Market Share & Forecast
    • 13.2.1. By Type
    • 13.2.2. By Application
    • 13.2.3. By Distribution Channel

14. Rest of Asia Pacific Edible Asparagus Market Overview

  • 14.1. Market Size & Forecast by Value, 2019-2029
    • 14.1.1. By Value (USD Million)
  • 14.2. Market Share & Forecast
    • 14.2.1. By Type
    • 14.2.2. By Application
    • 14.2.3. By Distribution Channel

15. Competitive Landscape

  • 15.1. List of Key Players and Their Offerings
  • 15.2. Asia Pacific Edible Asparagus Company Market Share Analysis, 2021
  • 15.3. Competitive Benchmarking, By Operating Parameters
  • 15.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)

16. Impact of Covid-19 on Asia Pacific Edible Asparagus Market

17. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)

  • 17.1. Aozora Asparagus
  • 17.2. Beidahuang Asparagus Group
  • 17.3. China Asparagus Corporation
  • 17.4. Dezhou Asparagus Group
  • 17.5. Fengxian Asparagus
  • 17.6. Guangdong Asparagus Co., Ltd
  • 17.7. Heilongjiang Asparagus Group
  • 17.8. Jiangsu Asparagus Group
  • 17.9. Shandong Asparagus Group
  • 17.10. Xinjiang Asparagus Group
  • 17.11. Other Prominent Players

18. Key Strategic Recommendations

19. Research Methodology

  • 19.1. Qualitative Research
    • 19.1.1. Primary & Secondary Research
  • 19.2. Quantitative Research
  • 19.3. Market Breakdown & Data Triangulation
    • 19.3.1. Secondary Research
    • 19.3.2. Primary Research
  • 19.4. Breakdown of Primary Research Respondents, By Country
  • 19.5. Assumption & Limitation

*Financial information of non-listed companies will be provided as per availability

**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable

Product Code: BWC231012

List of Figures

  • Figure 1 Asia Pacific Edible Asparagus Market Segmentation
  • Figure 2 Asia Pacific Edible Asparagus Value Chain Analysis
  • Figure 3 Company Market Share Analysis, 2022
  • Figure 4 Asia Pacific Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 5 Asia Pacific Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 7 Asia Pacific Edible Asparagus Share, By Application, By Value, 2019-2029
  • Figure 8 Asia Pacific Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 9 Asia Pacific Edible Asparagus Market Share, By Country, By Value, 2019-2029
  • Figure 10 China Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 11 China Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 12 China Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 13 China Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 14 India Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 15 India Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 16 India Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 17 India Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 18 Japan Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 19 Japan Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 20 Japan Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 21 Japan Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 22 South Korea Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 23 South Korea Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 24 South Korea Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 25 South Korea Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 26 Australia & New Zealand Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 27 Australia & New Zealand Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 28 Australia & New Zealand Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 29 Australia & New Zealand Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 30 Indonesia Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 31 Indonesia Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 32 Indonesia Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 33 Indonesia Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 34 Malaysia Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 35 Malaysia Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 36 Malaysia Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 37 Malaysia Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 38 Singapore Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 39 Singapore Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 40 Singapore Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 41 Singapore Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 42 Philippines Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 43 Philippines Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 44 Philippines Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 45 Philippines Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 46 Vietnam Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 47 Vietnam Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 48 Vietnam Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 49 Vietnam Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029
  • Figure 50 Rest of Asia Pacific Edible Asparagus Market Size, By Value (USD Million), 2019-2029
  • Figure 51 Rest of Asia Pacific Edible Asparagus Market Share, By Type, By Value, 2019-2029
  • Figure 52 Rest of Asia Pacific Edible Asparagus Market Share, By Application, By Value, 2019-2029
  • Figure 53 Rest of Asia Pacific Edible Asparagus Market Share, By Distribution Channel, By Value, 2019-2029

List of Tables

  • Table 1 Asia Pacific Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 2 Asia Pacific Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 3 Asia Pacific Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 4 Asia Pacific Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 5 Asia Pacific Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 6 Asia Pacific Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 7 Asia Pacific Edible Asparagus Market Size, By Country, By Value, 2019-2029
  • Table 8 China Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 9 China Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 10 China Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 11 India Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 12 India Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 13 India Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 14 Japan Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 15 Japan Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 16 Japan Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 17 South Korea Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 18 South Korea Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 19 South Korea Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 20 Australia & New Zealand Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 21 Australia & New Zealand Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 22 Australia & New Zealand Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 23 Indonesia Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 24 Indonesia Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 25 Indonesia Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 26 Malaysia Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 27 Malaysia Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 28 Malaysia Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 29 Singapore Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 30 Singapore Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 31 Singapore Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 32 Philippines Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 33 Philippines Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 34 Philippines Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 35 Vietnam Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 36 Vietnam Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 37 Vietnam Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 38 Rest of Asia Pacific Edible Asparagus Market Size, By Type, By Value, 2019-2029
  • Table 39 Rest of Asia Pacific Edible Asparagus Market Size, By Application, By Value, 2019-2029
  • Table 40 Rest of Asia Pacific Edible Asparagus Market Size, By Distribution Channel, By Value, 2019-2029
  • Table 41 Aozora Asparagus Company Overview
  • Table 42 Aozora Asparagus Financial Overview
  • Table 43 Beidahuang Asparagus Group Company Overview
  • Table 44 Beidahuang Asparagus Group Financial Overview
  • Table 45 China Asparagus Corporation Company Overview
  • Table 46 China Asparagus Corporation Financial Overview
  • Table 47 Dezhou Asparagus Group Company Overview
  • Table 48 Dezhou Asparagus Group Financial Overview
  • Table 49 Fengxian Asparagus Company Overview
  • Table 50 Fengxian Asparagus Financial Overview
  • Table 51 Guangdong Asparagus Co., Ltd Company Overview
  • Table 52 Guangdong Asparagus Co., Ltd Financial Overview
  • Table 53 Heilongjiang Asparagus Group Company Overview
  • Table 54 Heilongjiang Asparagus Group Financial Overview
  • Table 55 Jiangsu Asparagus Group Company Overview
  • Table 56 Jiangsu Asparagus Group Financial Overview
  • Table 57 Shandong Asparagus Group Company Overview
  • Table 58 Shandong Asparagus Group Financial Overview
  • Table 59 Xinjiang Asparagus Group Company Overview
  • Table 60 Xinjiang Asparagus Group Financial Overview
  • Table 61 Other Prominent Players Company Overview
  • Table 62 Other Prominent Players Financial Overview
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