Asparagus Market 2030: From Local Farms to Global Markets

Global Asparagus Market Overview

The global asparagus market was valued at USD 29.90 billion in 2024 and is projected to grow to USD 39.65 billion by 2030, reflecting a compound annual growth rate (CAGR) of 4.8% from 2025 to 2030. This growth is largely driven by increased consumer awareness around health and wellness.

Asparagus is highly regarded for its rich nutritional value, including high levels of vitamins A, C, E, K, and B6, along with folate, fiber, and antioxidants. Its low calorie and carbohydrate content make it a preferred choice for individuals managing weight or chronic health conditions such as diabetes. Additionally, the popularity of plant-based diets—vegetarian, vegan, and flexitarian—has amplified the demand for vegetables like asparagus, which is celebrated for its versatility in a wide range of dishes, including salads, stir-fries, soups, and gourmet meals.

Global trade developments and advances in agriculture have played a crucial role in making asparagus more widely available year-round. Countries such as Peru, Mexico, and Spain are key exporters, supported by improved farming techniques and logistical infrastructure. This expanded availability has diminished the crop’s traditional seasonality, making it more accessible in supermarkets and local markets globally.

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Sustainability trends and the movement toward local sourcing have also contributed to market growth. Consumers are increasingly favoring produce grown using environmentally friendly practices, often aligning with their values around sustainability and community support.

Demographic trends, particularly an aging population concerned with health and chronic disease prevention, have further increased demand. Asparagus’s anti-inflammatory and nutrient-rich profile makes it especially appealing to older consumers. Meanwhile, education and marketing initiatives that emphasize health benefits and provide preparation tips have elevated consumer awareness. The influence of social media—through food bloggers and culinary influencers—has also played a significant role in boosting the popularity of asparagus among younger audiences.

Key Market Trends and Insights

• North America led the global asparagus market in 2024, accounting for the largest revenue share of 35.4%.
• Within North America, the U.S. market held the dominant position in 2024.
• Fresh asparagus was the leading product segment, contributing to 65.6% of the market share in 2024.
• By variety, green asparagus commanded the largest share in 2024.
• The Asia Pacific region is expected to emerge as the fastest-growing market during the forecast period.

Market Size and Forecast

• Market Size in 2024: USD 29.90 Billion
• Projected Market Size in 2030: USD 39.65 Billion
• CAGR (2025–2030): 4.8%
• Leading Region: North America
• Fastest Growing Region: Asia Pacific

Key Companies in the Asparagus Market

Major companies in the global asparagus market continue to invest in advanced agricultural technologies, sustainable practices, and strategic international partnerships. These efforts ensure consistent quality, year-round availability, and responsiveness to evolving consumer preferences.

• Altar Produce LLC operates over 25,000 acres of farmland in Mexico, producing green asparagus alongside other crops such as spinach, radishes, and green onions. It emphasizes efficient logistics and a diversified product portfolio.
• Walker Brothers, Inc. brings over three decades of expertise in asparagus crown and hybrid seed production.
• Other notable players include:
  • Limgroup B.V.
  • Jersey Asparagus Farms Inc.
  • Cutter Asparagus Seed
  • Thiermann Spargelhof
  • Danper
  • Golden Valley Seed
  • Transplants Inc.
  • Südwestdeutsche Saatzucht GmbH & Co.KG**** 

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Conclusion

The asparagus market is poised for stable and sustainable growth over the next several years, underpinned by rising health consciousness, dietary shifts toward plant-based foods, and technological advancements in agriculture and supply chains. North America continues to dominate in terms of revenue, while Asia Pacific shows significant growth potential. As consumers increasingly value nutrition, sustainability, and versatility, asparagus is well-positioned to maintain and expand its role in the global vegetable market.