Kale Prices

Kale Prices August 2023

The price of kale in the United States during Q3 2023 reached 0.92 USD/lb.

Kale Price Trend, Market Analysis, and News

IMARC's latest publication, “Kale Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the kale market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of kale at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed kale price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting kale 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.

Kale Market Analysis

• Growing consumer awareness regarding the health benefits of kale due to its high nutritional content with antioxidant properties is acting as a major market driver. Moreover, an enhanced focus towards a healthy diet and trending consumption of superfoods among the masses is also driving the demand for kale in various forms.
• The rapid adoption of vegan and plant-based diets is providing a positive impetus to kale consumption as it is one of the most versatile and nutrient-rich vegetables available in the market. Additionally, the growing usage of kale as the key ingredient in most plant-based recipes due to its popularity among the health-conscious demographic is further favoring the market.
• The rising popularity of innovative kale-based products, such as kale chips, powders, and beverages, is diversifying the market presence on the global level. These new product formats cater to the changing preferences of consumers, which is creating lucrative opportunities in the market.
• Continuously improving retail distribution strategies facilitating easy product availability via supermarkets, grocery stores, and online platforms is expanding consumer reach. Additionally, improvements in logistics and supply efficiencies, along with flexible payment options and door-to-door delivery services, are providing enhanced convenience to the consumers, which is impelling the market.
• Favorable government initiatives focusing on healthy eating recommendations and funding for agricultural practices supporting kale farming are positively influencing the market.
• The increasing inclusion of kale in popular culinary trends and recipes on cook shows, food blogs, and social media is raising awareness regarding its versatility in several cuisines and dishes among consumers, which is significantly contributing to the market growth.
• Considerable growth in the number of foodservice establishments leveraging kale's nutritional benefits to attract patrons is supporting its consumption. The increasing incorporation of kale into menus for salads, smoothies, and entrees in their health-oriented presentational menu options is further fueling the market.

Kale News

The report covers the latest developments, updates, and trends impacting the price of kale, 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 kale price trend.

Latest developments in the kale industry:

• August 16, 2023: A research team from Nanyang Technological University, Singapore developed a new technique that converts kale waste for use in health and personal care products, thus reducing food waste and emissions. The study zeroed in on bioactive compounds found within kale. The study also revealed that phytochemicals from kale could be easily extracted without heating.
• June 2, 2024: B&W Quality Growers announced the launch of its Red Kale Medley, a nutritious blend of baby red and green kale with watercress, crafted for the foodservice industry. This new product aims to meet the demand for versatile, healthy ingredients, offering chefs a colorful, nutrient-rich base for various dishes year-round.

Product Description

Kale is a nutrient-dense green leafy vegetable belonging to the species Brassica oleracea with wide applications in cultural cuisines. It is available in several varieties such as curly, lacinato, dinosaur, Russian, Siberian, and Redbor, and displays an impressive nutritional value. The vegetable is rich in vitamins A, C, and K and has a variety of minerals, including calcium, potassium, and magnesium. Moreover, kale represents one of the densest sources of both antioxidants and dietary fiber, with its bioactive compounds, specifically sulforaphane and quercetin, contributing to its anti-inflammatory and anti-cancer properties.

Additionally, it has a robust texture and a slightly bitter flavor, making it suitable for use in salads, smoothies, and soup or stew recipes. Its leaves are edible when sautéed, steamed, or baked, or even raw; hence, its additivity lends variety and character to numerous cuisines across the globe. Besides being a nutrient-dense food with numerous culinary uses and variations, kale is gaining popularity due to its alignment with health and wellness trends, organic farming, and plant-based diets, solidifying its status as a superfood.

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 kale price trend. 

Global Kale Price

The report offers a holistic view of the global kale pricing trends in the form of kale 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 kale, 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 kale 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 Kale Price

European kale 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 kale can also be provided for an extensive list of European countries.

North America Kale Price

The analysis of kale 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 kale historical data within the United States and Canada can also be provided.

Middle East and Africa Kale Price

The report explores the kale 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 Kale Price

The kale 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 kale price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Kale Price

The analysis of kale 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 kale pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting kale 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 kale price charts ensure our clients remain at the forefront of the industry.