Brussels Sprouts Prices

Brussels Sprouts Prices December 2023

In the fourth quarter of 2023, the price of brussels sprouts in the United States reached 1.25 USD/lb by December.

Brussels Sprouts Price Trend, Market Analysis, and News

IMARC's latest publication, “Brussels Sprouts Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the brussels sprouts market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of brussels sprouts at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed brussels sprouts price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting brussels sprouts pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Brussels Sprouts Market Analysis

• One of the primary factors driving the global brussels sprouts market is their significant health benefits and nutritional value. Brussels sprouts are rich in vitamins, minerals, and antioxidants, making them a popular choice for health-conscious consumers. They are particularly high in vitamin C and vitamin K. For instance, according to an article published by the INDIAN EXPRESS, a 100-gram serving of brussels sprouts provides 8.95 grams of carbohydrates, 3.8 grams of dietary fiber, 3.38 grams of protein, 0.3 grams of fat, and almost 85 milligrams of vitamin C. These nutrients are crucial for maintaining bone health, boosting the immune system, and promoting overall well-being. Additionally, brussels sprouts are an excellent source of dietary fiber, which aid in digestion and helps maintain a healthy weight. The increasing awareness about these health benefits has led to a rise in demand, especially among consumers looking to incorporate more nutrient-dense foods into their diets. This growing trend toward healthier eating habits is significantly contributing to the expansion of the market.
• The rising popularity of plant-based diets is another major factor propelling the brussels sprouts market. As more individuals adopt vegetarian, vegan, or flexitarian lifestyles, the demand for plant-based foods has escalated. According to a report by the IMARC GROUP, the global vegan food market has reached US$ 18.3 Billion in 2023, and is expected to reach US$ 39.8 Billion by 2032, exhibiting a CAGR of 9.03% during 2024-2032, reflecting a shift in consumer preferences toward plant-based eating. Brussels sprouts, being a versatile vegetable, fit well into various dietary patterns and culinary applications. They can be roasted, steamed, sautéed, or even enjoyed raw, making them a favorite among those seeking meat alternatives. This shift is driven by concerns over health, sustainability, and animal welfare, with consumers increasingly seeking foods that align with these values. Brussels sprouts, with their robust nutritional profile and culinary flexibility, are well-positioned to benefit from this growing trend, further driving market growth.
• Advancements in agricultural practices and supply chain efficiency have also played a crucial role in driving the brussels sprouts market. Modern farming techniques, including precision agriculture and integrated pest management, have improved crop yields and quality, making brussels sprouts more widely available. Additionally, innovations in cold chain logistics and transportation have enhanced the distribution and shelf life of fresh brussels sprouts, allowing them to reach a broader consumer base. As per the IMARC GROUP, the global cold chain logistics market reached US$ 258.6 Billion in 2023, and is expected to reach US$ 774.2 Billion by 2032, exhibiting a CAGR of 12.96% during 2024-2032. This growth in cold chain infrastructure ensures that brussels sprouts and other perishable goods maintain their freshness and nutritional value during transit. These advancements have increased the supply of brussels sprouts and reduced post-harvest losses, contributing to market growth by ensuring that high-quality produce is consistently available to consumers worldwide.

Brussels Sprouts News

The report covers the latest developments, updates, and trends impacting the price of brussels sprouts, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the brussels sprouts price trend.

Latest developments in the brussels sprouts industry:

• In 2023, The Fresh Trends 2023 survey of Packers found that 17% of consumers purchased brussels sprouts in the past year, slightly lower than the previous year. USDA statistics show a substantial increase in brussels sprouts consumption over the last decade, with prices also rising. Consumption was fairly consistent across demographics, however, higher among higher-income, older consumers.

Product Description

Brussels sprouts are a type of cruciferous vegetable, closely related to broccoli, cauliflower, and kale. They are small, leafy green buds that grow along a stalk and resemble miniature cabbages. Typically harvested in the cooler months, Brussels sprouts are known for their slightly bitter, nutty flavor that becomes sweeter when cooked. They can be prepared in various ways, including roasting, steaming, sautéing, or even enjoying raw in salads. Roasting is particularly popular, as it enhances their natural sweetness and creates a crispy exterior.

Brussels sprouts offer numerous health benefits, being rich in vitamins C and K, fiber, and antioxidants. These nutrients contribute to immune support, bone health, and improved digestion. Moreover, their high antioxidant content helps combat oxidative stress and reduce inflammation, which are linked to a lower risk of chronic diseases. Their nutritional profile makes brussels sprouts a valuable addition to a balanced diet, appealing to health-conscious consumers seeking nutrient-dense foods.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the brussels sprouts price trend.

Global Brussels Sprouts Price

The report offers a holistic view of the global brussels sprouts pricing trends in the form of brussels sprouts price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of brussels sprouts, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed brussels sprouts demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Brussels Sprouts Price

European brussels sprouts prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for brussels sprouts can also be provided for an extensive list of European countries.

North America Brussels Sprouts Price

The analysis of brussels sprouts prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific brussels sprouts historical data within the United States and Canada can also be provided.

Middle East and Africa Brussels Sprouts Price

The report explores the brussels sprouts pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Brussels Sprouts Price

The brussels sprouts pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This brussels sprouts price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Brussels Sprouts Price

The analysis of brussels sprouts prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of brussels sprouts pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting brussels sprouts price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The brussels sprouts price charts ensure our clients remain at the forefront of the industry.