In 2023, the gross production of chicory and lettuce in China was estimated at approximately 5.699 billion USD in PPP (2004–2006). The forecast for 2024 projects a slight increase to 5.7021 billion USD. The overall growth trend from 2024 to 2028 is gradual, with values rising from 5.7021 to 5.714 billion USD.
The year-on-year growth figures show minimal increments, reflecting stability in the market, with each year showcasing very modest growth. The compound annual growth rate (CAGR) over the five-year period stands at a minimal increase per year, showcasing a consistent but low growth trajectory for this market segment.
Future trends to watch for include potential shifts in agricultural technology, changes in production efficiency, possible policy impacts on the agricultural sector, and market demand variations both locally and internationally which could influence production volumes and values.
