Onion Powder Market Analysis, Recent Trends, Share and Growth...

Onion Powder Market Analysis, Recent Trends, Share and Growth Forecast by 2023-2028

Veröffentlicht 2023-10-04 07:04:26

IMARC Group, a leading market research company, has recently released a report titled “Onion Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global onion powder market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Onion Powder Market?

The global onion powder market size reached 67,800 Tons in 2022. Looking forward, IMARC Group expects the market to reach 86,290 Tons by 2028, exhibiting a growth rate (CAGR) of 3.8% during 2023-2028.

What is Onion Powder?

Onion powder refers to a processed product that is widely used to impart the flavor of fresh onions to numerous dishes. It is commercially produced by dehydrating fresh onions in a controlled environment and then grinding the dried flakes into a fine powder. Slightly less pungent in nature, onion powder preserves the nutrient content of the fresh vegetable in an efficient manner. It is a rich source of essential nutrients, which include fiber, protein, carbohydrates, manganese, calcium, iron, cholesterol, folate, vitamins, potassium, phosphorus and magnesium. It is relatively easier to handle and saves a lot of time as it eliminates the requirement for chopping onions. Consequently, it is widely used for the preparation of various soups, salads, snacks, gravies and pasta.

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What are the Growth Prospects and Trends in the Onion Powder Industry?

The market is primarily driven by the growing utilization of onion powder in numerous food applications. The product is widely used across the food processing industry as a flavoring agent. It forms an essential ingredient in the preparation of numerous ready-to-eat and convenience food products, which is providing a thrust to the market growth. This is further supported by the shifting dietary preferences and the inflating per capita income levels of the masses. Onion powder is also used in residential settings in urban households by working professionals with hectic lifestyles and busy schedules. Individuals are continually replacing fresh onions due to their perishable nature. Powdered onions, on the other hand, have a longer shelf life, are available throughout the year and do not require the hassle of cutting and chopping. This, along with the rapid expansion of organized and online retail sectors, is creating a positive outlook for the market. Manufacturers are also engaged in the development of innovative packaging with easy-to-open containers to offer enhanced convenience to the users, which is expected to provide an impetus to the market growth.

What is Included in Market Segmentation?

The report has categorized the market based on product type, packaging type, end user and distribution channel.

Breakup by Product Type:

· Conventional

· Organic

Analysed by Packaging Type:

· Pouches

· Cans

· Aseptic Cartons

· Others

Based on Distribution Channel:

· Speciality Stores

· Supermarkets/Hypermarkets

· Convenience Stores

· Online Retailers

· Others

Market by End User:

· Home Users

· Institutional Users

Breakup by Country:

· China

· India

· United States

· Japan

· South Korea

· Turkey

· Iran

· Pakistan

· Egypt

· Others

Who are the Key Players Operating in the Onion Powder Market?

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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Key Highlights of the Report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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