Parsley Market size to grow by USD 1,193.44 million from 2022 to 2027, Driven by the improvements in packaging - Technavio

NEW YORK, April 25, 2023 /PRNewswire/ -- The parsley market size is set to grow by USD 1,193.44 million between 2022 and 2027 and register a CAGR of 4.84%, according to Technavio's latest market research report. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. Get a comprehensive report summary describing the market size and forecast along with research methodology. View Sample Report

The report also covers the following areas:

• Parsley Market size
• Parsley Market trends
• Parsley Market industry analysis

Parsley Market 2023-2027: Segmentation

• Product 
• Fresh Parsley
• Dry Parsley
• Distribution Channel 
• Offline
• Online
• Geography 
• Europe
• APAC
• North America
• Middle East And Africa
• South America

The market share growth of the fresh parsley segment will be significant for the market growth during the forecast period. Fresh parsley is a culinary herb that is freshly harvested, washed, packaged, and consumed. It is used to garnish and flavor foods and drinks. Due to its high vitamin K content, it also helps prevent Alzheimer's and eye diseases. Therefore, fresh parsley is in high demand due to its uses and benefits. 

The report comprises of various segments as well as analysis of the trends and factors that are playing a substantial role in the market, download a sample report!

Parsley Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the parsley market include AgriFutures Australia, Aum Agri Freeze Foods, B and G Foods Inc., Badia Spices Inc., Camstar Herbs Ltd., Frontier Co. op, Geo Fresh Organic, GreenDNA India Pvt. Ltd., Kroger Co., Litehouse Inc., McCormick and Co. Inc., Morton and Bassett, Naturevibe Botanicals, NOMU Brands Pty Ltd., O IJA, Pereg Gourmet Spices, Swanson Health Products Inc., The Pahari Life, The Watkins Co., and Universal Parsley Indonesia. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the parsley market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Vendor Offerings

• AgriFutures Australia - The company offers parsley oil, which is extracted from several parts of the parsley plant.
• Aum Agri Freeze Foods - The company offers parsley solutions such as Parsley Seasoning.
• B and G Foods Inc. - The company offers parsley solutions such as Parsley Flakes.

Market trends such as growing demand for organic parsley are likely to emerge as one of the primary drivers of the market. However, factors such as spoilage due to the overuse of fertilizers and pesticides is may threaten the growth of the market.

Parsley Market 2023-2027: Market Dynamics

Key Drivers

Improvements in packaging are especially driving the growth of the market. When it comes to packaged parsley, it is important to ensure reliable quality and safety. In order to increase the marketability of their products, parsley manufacturers rely on the latest materials and packaging technology. For example, packing parsley using vertical flow wrappers (VFFS) reduces the overall time and is more cost effective. This technology allows large quantities of parsley products to be packaged in a relatively short time. This is estimated to drive the growth of the global market in focus during the forecast period.

Major Trends

The use of permaculture in parsley production is an important trend in the market. Permaculture is becoming a popular concept because of its focus on adopting sustainable and self-sufficient agricultural practices. It is the design and management of agricultural methods that lead to a sustainable future. It's a basic concept that can be used for herbs such as parsley, which are suitable plants for permaculture. Like a potted plant, parsley is compact and can grow in tight spaces, making it a great option for people with limited land. Hence, these trends are expected to fuel market growth.

Key Challenges

Corruption due to the excessive use of fertilizers and pesticides is a major challenge hindering market growth. Parsley is exposed to chemicals during the manufacturing process. These harmful chemicals are absorbed by parsley leaves and cannot be removed by washing with water. Parsley use in food and beverages may be declining due to overuse of the chemicals. There are not many organic pesticides that are safe to use. Therefore, many growers use inorganic fertilizers. Unhealthy or fertile soils can also damage the final product. These chemicals not only harm plants but also harm the environment. Each year, much of the parsley produced is wasted by spoilage caused by the harsh chemicals used to grow it. This factor drives the growth of the global market in focus during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. - Buy now!

Parsley Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist parsley market growth during the next five years
• Estimation of the parsley market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the parsley market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of parsley market vendors

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Table Of Contents : 

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global parsley market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global parsley market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Fresh parsley - Market size and forecast 2022-2027
• Exhibit 34: Chart on Fresh parsley - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Fresh parsley - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Fresh parsley - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Fresh parsley - Year-over-year growth 2022-2027 (%)

• 6.4 Dry parsley - Market size and forecast 2022-2027
• Exhibit 38: Chart on Dry parsley - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Dry parsley - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Dry parsley - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Dry parsley - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product ($ million)
• Exhibit 43: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 44: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 46: Chart on Comparison by Distribution Channel
• Exhibit 47: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 48: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 52: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 56: Market opportunity by Distribution Channel ($ million)
• Exhibit 57: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 63: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Japan - Market size and forecast 2022-2027
• Exhibit 87: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 The Netherlands - Market size and forecast 2022-2027
• Exhibit 95: Chart on The Netherlands - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on The Netherlands - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on The Netherlands - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on The Netherlands - Year-over-year growth 2022-2027 (%)

• 9.12 China - Market size and forecast 2022-2027
• Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 AgriFutures Australia 
• Exhibit 111: AgriFutures Australia - Overview
• Exhibit 112: AgriFutures Australia - Product / Service
• Exhibit 113: AgriFutures Australia - Key offerings

• 12.4 Aum Agri Freeze Foods 
• Exhibit 114: Aum Agri Freeze Foods - Overview
• Exhibit 115: Aum Agri Freeze Foods - Product / Service
• Exhibit 116: Aum Agri Freeze Foods - Key offerings

• 12.5 B and G Foods Inc. 
• Exhibit 117: B and G Foods Inc. - Overview
• Exhibit 118: B and G Foods Inc. - Product / Service
• Exhibit 119: B and G Foods Inc. - Key offerings

• 12.6 Badia Spices Inc. 
• Exhibit 120: Badia Spices Inc. - Overview
• Exhibit 121: Badia Spices Inc. - Product / Service
• Exhibit 122: Badia Spices Inc. - Key offerings

• 12.7 Camstar Herbs Ltd. 
• Exhibit 123: Camstar Herbs Ltd. - Overview
• Exhibit 124: Camstar Herbs Ltd. - Product / Service
• Exhibit 125: Camstar Herbs Ltd. - Key offerings

• 12.8 Frontier Co. op 
• Exhibit 126: Frontier Co. op - Overview
• Exhibit 127: Frontier Co. op - Product / Service
• Exhibit 128: Frontier Co. op - Key offerings

• 12.9 Geo Fresh Organic 
• Exhibit 129: Geo Fresh Organic - Overview
• Exhibit 130: Geo Fresh Organic - Product / Service
• Exhibit 131: Geo Fresh Organic - Key offerings

• 12.10 Kroger Co. 
• Exhibit 132: Kroger Co. - Overview
• Exhibit 133: Kroger Co. - Product / Service
• Exhibit 134: Kroger Co. - Key news
• Exhibit 135: Kroger Co. - Key offerings

• 12.11 Litehouse Inc. 
• Exhibit 136: Litehouse Inc. - Overview
• Exhibit 137: Litehouse Inc. - Product / Service
• Exhibit 138: Litehouse Inc. - Key offerings

• 12.12 McCormick and Co. Inc. 
• Exhibit 139: McCormick and Co. Inc. - Overview
• Exhibit 140: McCormick and Co. Inc. - Business segments
• Exhibit 141: McCormick and Co. Inc. - Key offerings
• Exhibit 142: McCormick and Co. Inc. - Segment focus

• 12.13 Morton and Bassett 
• Exhibit 143: Morton and Bassett - Overview
• Exhibit 144: Morton and Bassett - Product / Service
• Exhibit 145: Morton and Bassett - Key offerings

• 12.14 Naturevibe Botanicals 
• Exhibit 146: Naturevibe Botanicals - Overview
• Exhibit 147: Naturevibe Botanicals - Product / Service
• Exhibit 148: Naturevibe Botanicals - Key offerings

• 12.15 NOMU Brands Pty Ltd. 
• Exhibit 149: NOMU Brands Pty Ltd. - Overview
• Exhibit 150: NOMU Brands Pty Ltd. - Product / Service
• Exhibit 151: NOMU Brands Pty Ltd. - Key offerings

• 12.16 Pereg Gourmet Spices 
• Exhibit 152: Pereg Gourmet Spices - Overview
• Exhibit 153: Pereg Gourmet Spices - Product / Service
• Exhibit 154: Pereg Gourmet Spices - Key offerings

• 12.17 Swanson Health Products Inc. 
• Exhibit 155: Swanson Health Products Inc. - Overview
• Exhibit 156: Swanson Health Products Inc. - Product / Service
• Exhibit 157: Swanson Health Products Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 158: Inclusions checklist
• Exhibit 159: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 160: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 161: Research methodology
• Exhibit 162: Validation techniques employed for market sizing
• Exhibit 163: Information sources

• 13.5 List of abbreviations 
• Exhibit 164: List of abbreviations

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