Tomato Powder Market Overview and Top Companies, Forecast 2032
Tomato Powder Market Overview
The Tomato Powder Market was estimated
at $ 2.0 Billion from 2023 to 2032 with a CAGR of approximately 3.77%.
Due to their higher vitamin and nutrient
content, tomatoes are mostly used in the human body. The rising consumption of
baking, healthy confectionery, and other convenience foods are the main factors
boosting the tomato
powder market size. Tomato Powder is easily one of the safest and most
efficient food replacements for its variants like powder, sauce, ketchup, and
puree and pastes. The rich and deep flavor comes with the powdered tomato that
has its place fixed in the market. Not only the food industry but the beverage
industry has a demand for tomato powder due to its healthy and nutritious
product usage. The basic purpose of the tomato powder in the food department is
to add and enhance the flavor of the food items. Food items like hotdogs,
pizza, and burgers are the junks that use the maximum tomato powder content.
Tomato powder is a replacement for tomato
juice and tomato sauce variants. Tomato powder is prepared by dehydrating the
healthiest and refreshing tomatoes. Forming a powdered form is one of the most
convenient ways to store fresh tomatoes. It is well known that the production
of tomatoes is abundant globally, but lately, the number of tomatoes produced
is mostly due to the variants like the sauce, juice, and powder. It enhances
the taste of a food product owing to a larger demand by all age groups of
consumers. As one of the kitchen's prominent ingredients, it can be used in all
sorts of food, from dietary to snacks and cuisines.
However, certain factors restrain the
Tomato Powder Market faces. Post the CoV-19 pandemic, there were certain
disruptions in the supply chains of the input and output cycle of the Tomato
Powder Market. At times, the harvest doesn’t go according to the predictions,
and thereby ruining the entire production, directly or indirectly affecting the
tomato powder production. The powder quality is also decreased at times due to
the unavailability of the good production tomatoes. Substantial growth is seen
for the market in the upcoming years.
Key Companies in the tomato powder
market include.
GrupoEmpresarialAgraz, S.L. (Spain),
Garlic Industries Ltd. (India),
Aarkay Food Products Ltd. (India),
Lycored (UK)
Hangzhou Qincheng Trade Co. Ltd (Beijing),
Cmec Xinjiang Foodstuff Co. Lid. (China),
BATA FOOD (Turkey),
SAHAJANAND FOODS AND AGROTECH (India),
Damien International (China)
Vegenat S. A. (Spain)
Market Segmentation
The tomato
powder market overview is segmented into the process, the category, and the
application depending upon various factors.
The market is segmented into the hot and
cold breaks depending on the process. Depending upon the category, the market
is again divided into organic and conventional markets. Depending upon the
application, the market is again divided into beverages, infant nutrition,
curries, and daily and frozen desserts.
Regional Analysis
According to a recent geographical
analysis, the global Tomato Powder Market is divided into the markets of North
America and Western and Eastern Europe. Alongside Asia-Pacific regions like
India, Japan, and China, it is also widespread over the continents of Argentina
and Bolivia.
Industry News
Some major key industrial players in the
market are Lycored (U.K.), Bata Food, and S.L. The global Tomato Powder Market
was estimated at $1842.15 million for the years 2021 to 2032.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
Comments
Post a Comment