Get the latest insights on price movement and trend analysis of Carrot in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Carrots (WPU01130212) from Jan 1947 to Jun 2025 about vegetables, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.

As of December 2023, the retail price index of carrot in India was about 145.9. This meant, the RPI of carrot had increased by 45 percent compared to the base year of 2016. Retail prices index is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and services.

United States - Producer Price Index by Commodity: Farm Products: Carrots was 277.98900 Index 1982=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Farm Products: Carrots reached a record high of 311.92000 in October of 2023 and a record low of 23.40000 in April of 1958. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Farm Products: Carrots - last updated from the United States Federal Reserve on July of 2025.

In 2024, the Australian carrot and turnip market increased by 0.9% to $128M for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a perceptible decrease. Over the period under review, the market reached the maximum level at $173M in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

Get the latest insights on price movement and trend analysis of Frozen Vegetables in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Carrots and Turnips Market Report is Segmented by Geography Into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The Report Analyzes the Production (Volume), Consumption (Value and Volume), Import (Value and Volume), Export (Value and Volume), and Price Trends. The Report Offers the Market Sizes and Forecasts in Terms of Value (USD) and Volume (Metric Tons) for all the Abovementioned Segments.

In 2024, the Cote d'Ivoire's carrot and turnip market was finally on the rise to reach $3.5M after two years of decline. In general, the total consumption indicated a temperate expansion from 2012 to 2024: its value increased at an average annual rate of +4.1% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +58.7% against 2020 indices.

Fresh Carrots: This segment remains the cornerstone of the market, valued for its nutritional density, flavor, and adaptability in diverse recipes. From salads and juices to stir-fries and side dishes, fresh carrots are a staple ingredient in numerous cuisines worldwide.Frozen Carrots: Offering a convenient and cost-effective alternative, frozen carrots retain their nutritional value and are a key ingredient in processed foods, soups, stews, and frozen vegetable blends. Their extended shelf life and ease of use contribute to their continued market presence.Processed Carrots (Other): This category encompasses various processed carrot products, such as baby carrots, carrot sticks, and purees, each catering to specific consumer needs and preferences. The growth of this segment is driven by convenience and the increasing demand for ready-to-eat options. Recent developments include: June 2020: The Agricultural Marketing Service (AMS) of the US Department of Agriculture (USDA) updated the grading standards for topped carrots, bunched carrots, and carrots with short, trimmed tops. The revisions included the addition of new US No. 1 Grades to encompass carrots of various colors beyond the traditional orange, such as orange-red and orange-scarlet. The previous US No. 1 Grades used before 2020 will remain unchanged. Additionally, the Unclassified Section was eliminated as part of the update. Key drivers for this market are: Rising health consciousness

Growing demand for convenience foods. Potential restraints include: Fluctuating climatic conditions. Notable trends are: Increasing consumer demand for sustainable agriculture practices and rising demand for organic and natural food products are driving the market growth.

Frozen Baby Carrot Market Outlook

The global frozen baby carrot market size was valued at approximately USD 1.2 billion in 2023, with a projected CAGR of 5.8% from 2024 to 2032. By 2032, the market is expected to reach around USD 2.0 billion. The consistent increase in demand for convenient and healthy snacking options is a significant growth factor driving the market.

One of the principal growth factors fueling the expansion of the frozen baby carrot market is the rising consumer inclination towards healthier lifestyles. As awareness about the benefits of consuming vegetables increases, more people are incorporating them into their diets. Frozen baby carrots, due to their convenience, longer shelf life, and preserved nutritional value, have become a preferred choice for health-conscious consumers. Furthermore, the increasing prevalence of diseases associated with poor diets has prompted consumers to seek out healthier options, including frozen baby carrots.

Technological advancements in the freezing process have also played a crucial role in the market's growth. Innovations such as Individually Quick Frozen (IQF) technology ensure that the nutritional content, texture, and flavor of baby carrots are preserved, making them more appealing to consumers. These advancements have enabled manufacturers to offer high-quality frozen baby carrots that closely resemble their fresh counterparts, thus boosting consumer confidence and demand.

Another contributing factor is the growing trend of plant-based diets and vegetarianism. As more individuals adopt these lifestyles, the demand for vegetable-based snacks and meal components, including frozen baby carrots, has seen a substantial rise. This trend is particularly prominent among millennials and Generation Z, who prioritize health and sustainability. Additionally, the convenience of using frozen baby carrots in various culinary applications, from salads to cooked dishes, has further propelled their popularity.

Regionally, North America holds the largest share of the frozen baby carrot market, driven by high consumer awareness and demand for healthy foods. The presence of major market players and advanced distribution networks also supports market growth in this region. Europe follows closely, with significant demand stemming from countries like Germany, the UK, and France. The Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, owing to increasing urbanization, changing dietary habits, and rising disposable incomes.

Product Type Analysis

In the frozen baby carrot market, the product type segment is divided into organic frozen baby carrots and conventional frozen baby carrots. The demand for organic frozen baby carrots has been on the rise, driven by growing consumer awareness regarding the adverse effects of pesticides and chemicals used in conventional farming. Organic frozen baby carrots are perceived as healthier and safer options, contributing to their increasing popularity among health-conscious consumers. Additionally, organic farming practices are considered more sustainable and environmentally friendly, which appeals to the eco-conscious consumer segment.

Despite the growing demand for organic frozen baby carrots, conventional frozen baby carrots continue to dominate the market due to their affordability and widespread availability. Conventional farming methods allow for higher yields at lower costs, making conventional frozen baby carrots more accessible to a broader consumer base. However, the increasing consumer shift towards organic products may gradually impact the market share of conventional frozen baby carrots over the forecast period.

The price difference between organic and conventional frozen baby carrots also plays a significant role in consumer purchasing decisions. While organic products are generally priced higher due to the cost-intensive farming practices, consumers who prioritize health and sustainability are willing to pay a premium. This trend has prompted several manufacturers to expand their organic product lines to cater to this growing demand, thus impacting the market dynamics.

Product innovation and variety are other factors influencing the product type segment. Manufacturers are continuously exploring new ways to enhance the appeal of frozen baby carrots, such as offering them in different cuts, sizes, and packaging options. Such innovations not only attract more consumers but also enable manufacturers to differentiate their products in a competitive market.

Black Carrots Market Outlook

The global black carrots market size is projected to grow from an estimated USD 2.5 billion in 2023 to USD 4.2 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.8% during the forecast period. The increasing market size can be attributed to the rising awareness of the health benefits of black carrots and their applications across various industries including food and beverages, nutraceuticals, and cosmetics. The growth is further propelled by the increasing demand for natural and color-rich ingredients in the food industry, where black carrots are extensively used as a natural colorant.

One of the primary growth factors driving the black carrots market is the increasing consumer preference for natural food additives and ingredients. As consumers become more health-conscious, there is a noticeable shift away from synthetic additives towards natural and organic alternatives. Black carrots, rich in anthocyanins, are being increasingly used as a natural food colorant, replacing artificial colors in various processed foods and beverages. This trend is supported by stringent regulations in many regions that are pushing food manufacturers to seek natural alternatives to synthetic dyes, further bolstering the demand for black carrots.

Another significant growth factor is the expanding applications of black carrots in the nutraceutical and pharmaceutical industries. Black carrots are known for their high antioxidant properties, which play a crucial role in preventing various diseases, including cardiovascular diseases and certain types of cancer. This has led to an increased use of black carrot extracts in supplements and functional foods. Moreover, ongoing research and development activities are exploring new health benefits of black carrots, thereby broadening their application scope and driving market growth.

The cosmetics industry also presents a lucrative opportunity for the black carrots market. With a growing trend towards natural ingredients in skincare and cosmetic products, black carrots are gaining attention for their potential anti-aging and skin-rejuvenating properties. These benefits are attributed to the high levels of anthocyanins and vitamins present in black carrots, which are known to protect the skin from oxidative stress and improve overall skin health. As consumers continue to seek natural cosmetics, the demand for black carrot-based products is expected to rise significantly.

The cultivation of Bulb Vegetable Seeds is gaining traction in the agricultural sector, particularly due to their adaptability and nutritional benefits. These seeds are essential for growing vegetables like onions, garlic, and leeks, which are staples in many cuisines worldwide. The increasing focus on sustainable agriculture and organic farming practices has led to a surge in demand for high-quality bulb vegetable seeds. Farmers are increasingly opting for these seeds to enhance crop yield and quality, while consumers are drawn to the health benefits associated with bulb vegetables, such as their antioxidant properties and essential nutrients. This trend is expected to contribute to the diversification of agricultural practices and support the growth of the black carrots market by encouraging the cultivation of complementary crops.

Regionally, the Asia Pacific is anticipated to dominate the global black carrots market, driven by high production and consumption levels in countries like India and China. The region's large population base, coupled with increasing disposable incomes and growing health awareness, is fostering demand for black carrot products. Furthermore, government initiatives promoting the cultivation and export of black carrots from major producing countries are expected to stimulate market growth. North America and Europe are also expected to witness significant growth, owing to the growing demand for natural food ingredients and the presence of major food processing companies in these regions.

Product Type Analysis

The black carrots market can be segmented into fresh and processed products, each offering distinct benefits and catering to varying consumer preferences and industrial needs. The fresh black carrots segment commands a significant share of the market owing to its extensive use in direct consumption and culinary applications. Consumers seeking fresh, unprocessed foods are inclined to purchase fresh black carrots for their nutritional benefits and their unique taste profile.

Includes all fresh carrots, with or without tops. Includes organic and non-organic. Excludes miniature and cut/peeled carrots."

According to Cognitive Market Research, the global Carrot Powder market size will be USD 59.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 23.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 17.88 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 13.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2.98 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
The Spray Drying Carrot Powder is the fastest growing segment of the Carrot Powder industry

Market Dynamics of Carrot Powder Market

Key Drivers for Carrot Powder Market

Increasing Health and Wellness Trends to Boost Market Growth

The fitness and wellbeing trend is reshaping purchaser possibilities, with a developing emphasis on herbal and nutritious food products. Carrot powder, full of nutrients, minerals, and antioxidants, is gaining a reputation as a versatile factor in numerous recipes. Its health blessings, which include progressed vision, stronger immunity, and skin health, make it an appealing preference for health-conscious consumers. As human beings are looking for convenient methods to include extra vitamins into their diets, carrot powder gives a smooth answer for smoothies, baked items, and meal enhancements. This alignment with customer demands underscores the growing hobby in functional foods that support standard wellbeing.

Expansion of the Functional Food and Beverage Industry to Drive Market Growth

Carrot powder is rising as a treasured ingredient in the useful food and beverage industry, regarded for its rich dietary profile and health advantages. Its colorful shade and herbal sweetness make it a great addition to smoothies, juices, snacks, and dietary supplements. Packed with nutrients A, C, and K, in addition to antioxidants, carrot powder supports immune health, vision, and skin vitality. As clients increasingly are trying to find practical ingredients that deliver fitness benefits past primary vitamins, carrot powder offers a convenient and versatile alternative for manufacturers aiming to beautify product offerings and meet the developing demand for nutrient-dense, functional substances.

Restraint Factor for the Carrot Powder Market

Cost, will Limit Market Growth

The production of carrot powder can be enormously costly in comparison to sparkling carrots, basically due to the processing and drying strategies required to convert uncooked carrots right into a concentrated form. This additional cost can restrict the affordability of carrot powder for some clients, making it less reachable, specifically in budget-aware markets. While carrot powder gives comfort and a prolonged shelf life, the fee factor may deter fitness-conscious shoppers looking for inexpensive options for boosting their diets. As the call for nutritious ingredients rises, balancing production costs with client affordability will be important for expanding the market for carrot powder and similar products.

Impact of Covid-19 on the Carrot Powder Market

The COVID-19 pandemic notably impacted the carrot powder market, leading to challenges and opportunities. Supply chain disruptions affected the availability of raw materials and manufacturing procedures, causing delays and expanded prices. However, the heightened recognition of fitness and wellness at some stage in the pandemic fueled the call for nutritious elements, which include carrot powder, as purchasers sought to boost their immunity and usual fitness. The upward push of domestic cooking and baking also contributed to accelerated interest in flexible components like carrot powder. As the market recovers, the point of interest in useful meals and health-aware options is anticipated to force sustained growt...

According to Cognitive Market Research, the global Carrot seed market size will be USD 1351.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.50% from 2024 to 2031.

North America held the major market, accounting for more than 40% of global revenue. With a market size of USD 540.48 million in 2024, it will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 405.36 million.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD 310.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Latin America's market has more than 5% of the global revenue, with a market size of USD 67.56 million in 2024, and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The market was USD 27.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
The direct sales segment held the highest carrot seed market revenue share in 2024

Market Dynamics of Carrot Seed Market

Key Drivers for Carrot Seed Market

Rise of Urban Farming to Increase the Demand Globally

Urban farming is becoming increasingly popular as more individuals look for sustainable and locally sourced food options. This movement has led to a heightened demand for carrot seeds, particularly in compact formats that are ideal for container gardening. The growth of kitchen gardens and rooftop farming in urban areas around the globe contributes to the steady expansion of the carrot seed market.

Innovations in Agriculture Technology to Propel Market Growth

Innovations in technology, including precision farming, enhanced irrigation methods, and genetically modified carrot varieties, are propelling the market forward. These advancements enhance seed performance, boost yields, and improve resistance to diseases, thereby making contemporary farming practices more efficient. Consequently, the adoption of technology plays a crucial role in the global growth of the carrot seed industry.

Restraint Factor for the Carrot Seed Market

Limited Shelf Life to Limit the Sales

Carrot seeds generally remain viable for a period of only 1 to 3 years, which restricts their commercial lifespan. This limited shelf life creates logistical challenges for suppliers and necessitates frequent purchases by growers. Farmers face the risk of diminished yields if they utilize expired seeds, making inventory turnover and quality assurance critical issues within this market.

Climate Sensitivity Affecting Crop Viability

Carrot seeds exhibit a high sensitivity to temperature and soil conditions, which can adversely affect germination rates and overall yield. Unpredictable weather patterns, droughts, and extreme temperatures resulting from climate change present significant obstacles. This dependency on climate conditions constrains production in various regions and limits a consistent global supply.

Key Trends of Carrot Seed Market

Increase in Organic and Non-GMO Preferences

Consumers are progressively opting for organic produce, which is driving the demand for non-GMO and organically certified carrot seeds. In response, farmers and suppliers are broadening their range of chemical-free, sustainable seeds. This transition is in line with wider trends in environmentally conscious agriculture and clean-label food production.

Seed Personalization and Hybrid Varieties

There is a rising interest in hybrid carrot seeds designed for specific conditions—such as drought resistance, color variations, and rapid harvesting. Seed companies are concentrating on research to create high-performance, customized seed varieties. These innovations attract both commercial growers and hobby farmers seeking specialized crops.

Impact of Covid-19 on the Carrot Seed Market

The carrot seed market has experienced challenges and opportunities due to the COVID-19. Lockdown measures and restrictions on movement affected transportation and distribution networks, leading to delays and increased costs. Additionally, shifts in consumer behavior towards essential items impacted demand dynamics. However, increased awareness of health and nutrition boosted the deman...

In 2024, the global carrot and turnip market decreased by -3.1% to $21.6B, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +1.6% from 2012 to 2024; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Global consumption peaked at $23B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Over the last two observations, the price per unit is forecast to significantly increase in all segments. The trend observed from 2020 to 2030 remains consistent throughout the entire forecast period. There is a continuous increase in the price per unit across all segments. Notably, the Processed & Frozen Vegetables segment achieves the highest value of 3.22 U.S. dollars at 2030. Find further statistics on other topics such as a comparison of the average volume per capita in Armenia and a comparison of the volume in the United States. The Statista Market Insights cover a broad range of additional markets.

Over the last two observations, the price per unit is forecast to significantly increase in all segments. The trend observed from 2020 to 2030 remains consistent throughout the entire forecast period. There is a continuous increase in the price per unit across all segments. Notably, the Fresh Vegetables segment achieves the highest value of **** U.S. dollars at 2030. Find further statistics on other topics such as a comparison of the average revenue per capita in Italy and a comparison of the average revenue per capita in Laos. The Statista Market Insights cover a broad range of additional markets.

In 2024, the Nigerien carrot and turnip market increased by 0.8% to $106M, rising for the fourth year in a row after three years of decline. The market value increased at an average annual rate of +1.9% from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Carrot and turnip consumption peaked in 2024 and is expected to retain growth in the immediate term.

Comprehensive price statistics and trends for fruits and vegetables in the United States

The global IQF (Individually Quick Frozen) carrot market is experiencing robust growth, driven by increasing consumer demand for convenient, healthy, and readily available food options. The rising popularity of processed foods, particularly in developed nations, fuels the demand for IQF carrots, which offer extended shelf life and consistent quality compared to fresh carrots. Furthermore, the expanding food service industry, encompassing restaurants, hotels, and supermarkets, significantly contributes to market expansion. The ease of use and consistent quality of IQF carrots make them a preferred ingredient for various culinary applications, from soups and stews to salads and side dishes. The market is segmented by packaging type (bulk and retail) and application (restaurants, supermarkets, hotels, and others). While bulk packaging dominates due to its cost-effectiveness for large-scale users, retail packaging caters to individual consumers and smaller businesses. Geographically, North America and Europe currently hold significant market shares, driven by high per capita consumption and established food processing industries. However, Asia-Pacific, particularly China and India, presents substantial growth potential due to burgeoning populations and rising disposable incomes. Competitive landscape analysis reveals a mix of large multinational corporations and regional players, with continuous innovation in freezing and packaging technologies driving market competition. Challenges include maintaining product quality during freezing and distribution, as well as managing fluctuations in carrot supply due to seasonal variations and climatic factors. The projected Compound Annual Growth Rate (CAGR) indicates a healthy expansion of the IQF carrot market over the forecast period (2025-2033). This growth is anticipated to be fueled by sustained demand from the food processing and food service sectors, alongside the continuous development of innovative packaging solutions that improve product shelf life and reduce waste. However, potential restraints include price volatility of raw materials (carrots), stringent regulations related to food safety and processing, and the increasing popularity of fresh, locally sourced produce in certain consumer segments. To mitigate these challenges, industry players are focusing on strategic partnerships, product diversification, and sustainable sourcing practices to ensure long-term market competitiveness and growth. The market’s success hinges on leveraging technological advancements to improve efficiency, ensuring consistent product quality, and adapting to evolving consumer preferences in terms of health, convenience, and sustainability.