Bamboo Shoots Market Marches Towards $702.97 Million & 6.5% CAGR by 2032

Bamboo Shoots Market Size Worth $702.9 Million By 2032 | CAGR: 6.5%


The global bamboo shoots market size is expected to reach USD 702.9 million by 2032, according to a new study by Polaris Market Research. The report “Bamboo Shoots Market Share, Size, Trends, Industry Analysis Report, By Type (Fresh, Dried); By Packaging Type; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Rising awareness about healthy food, along with government initiatives to promote the welfare of citizens, are driving the growth of the global market. Government organizations are coming forward to showcase the importance of various food ingredients, including bamboo shoots. In 2023, one of the government officials in India explained the health benefits associated with bamboo shoots in a video clip to increase awareness about the product among the wider population.

A 2023 study published in the Journal of Ethnic Foods focused on the exploration of bamboo shoot dietary usage in India, primarily the Northeast region, and its nutritional benefits. It is one of the traditional cuisines that has been mostly used in India for centuries. As it is rich in fiber, it is used to prevent colon cancer and can regulate blood cholesterol levels, which is attributable to the lower calories. The study concluded by adding the prevalence of bamboo shoot usage in various cuisines in North India as a fresh, dried, and fermented form based on species due to the existence of more than 100 varieties of bamboo shoots. Due to the presence of bioactive compounds in bamboo shoots, it can enhance health and prevent degenerative and chronic diseases.  

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The pandemic stimulated the need for natural immunity boosters to improve the body's ability to withstand COVID-19. According to healthcare experts, bamboo shoots work effectively as an immunity booster at a lower cost. This is encouraging people to include bamboo shoots as part of their daily food intake at least once a week, with the notion that prevention is better than cure. Furthermore, the growing educational demand at the global level is influencing the demand for healthy fruits and vegetables, which may influence the demand for bamboo shoots as well. The rising awareness programs about bamboo shoots as a part of World Bamboo Day are creating new growth opportunities for the global market in the coming years.

Bamboo Shoots Market Report Highlights

  • Fresh segment is anticipated to witness the highest growth in the coming years due to its addition to a wide range of recipes.
  • Canned segment accounted for the largest market share owing to its ability to preserve the texture and flavor of bamboo shoots.
  • The online sales segment is projected to experience a larger revenue share due to the availability of the products to consumers without any time constraints.
  • Asia Pacific is expected to have the fastest growth owing to the existence of larger bamboo shoot producers in the region, primarily China and India.
  • The global players include Canz, Dnice Foods Group, Dynasty, Geisha, Homcook, Native Forest, Ningbo Kisun Biofood Development & Sarwar.

Polaris Market Research has segmented the bamboo shoots market report based on type, packaging type, distribution channel and region:

Bamboo Shoots, Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Fresh
  • Dried

Bamboo Shoots, Packaging Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Canned
  • Bottles

Bamboo Shoots, Distribution Channel Outlook (Revenue - USD Million, 2019 - 2032)

  • Online Sales
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Other Channels

Bamboo Shoots, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Bamboo Shoots Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 398.50 million

Revenue forecast in 2032

USD 702.97 million

CAGR

6.5% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD million and CAGR from 2023 to 2032

Segments covered

By Type, By Packaging Type, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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