Global Tomato Powder Market Forecast (2023-2032): Insights and Trends
Tomato
Powder Market Outlook
To avoid various ailments,
sometimes physicians advise people prone to them to include tomato in their
diet. For such purposes, sometimes tomato-based
products like tomato paste or tomato powder. In terms of longevity, tomato
powder has a longer shelf life than
tomato paste. It offers health benefits like reduced risk of heart diseases and
cancer, improved eyesight, reduced blood pressure, and many more. These benefits have contributed to the growth of
the tomato powder market. Increasing
consumption of processed food is also an important factor that is contributing
to the growing demand and market for tomato powder.
The tomato powder market is experiencing
a notable trend towards increased consumer demand for convenient and versatile
food options. Tomato
powder market trend is driven by the growing interest in healthy and
natural products, as well as the need for ingredients that offer longer shelf
lives without compromising on flavor and nutritional value. Tomato powder, with
its concentrated form and ease of use, aligns perfectly with these preferences.
From being a staple in soups and sauces to finding innovative applications in
snack seasonings, salad dressings, and even nutritional supplements, the tomato
powder market is witnessing a diversification driven by the ongoing trend
towards healthier and more practical food choices.
Tomato powder is useful for
various product lines such as baby foods, curries and gravies, seasonings and
savories, snack foods, soup mixes and many more. Tomato has many antioxidants
that prevent the aging of skin cells. Tomato powder is also used in the cosmetic
industry for its antioxidant properties and high nutrient. Regarding storage,
tomatoes require a lot of space whereas tomato powder is compact. And due to a longer shelf life than fresh tomatoes, tomato
powder is a product that is in huge demand across the food industry.
Market Research Future (MRFR) has
published a research report about the global
tomato powder market that estimates 3.77% CAGR (Compound Annual Growth Rate)
during the forecast period between 2023 and 2032. Global tomato powder market
has been segmented on the basis of product process, application, and region. Product process-based segmentation
includes hot break, cold break, and warm break. In the market, currently, hot break is being
estimated to earn maximum revenue because it produces a denser and more viscous
product when reconstituted. It can be used in functional foods and nutrition
applications. Based on application, tomato powder is segmented into curries and
gravies, seasoning and savories, snack foods, soup mixes, and others. During
the forecast period, Seasoning and savories segment of the global tomato powder market.
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Key Players
The key players in global tomato
powder market are Aarkay Food Products Ltd. (India), BATA FOOD (Turkey), CMEC
Xinjiang Foodstuff Co. Ltd. (China), Garlico
Industries Ltd. (India), Grupo Empresarial Agraz, S.L. (Spain), Hangzhou
Qincheng Trade Co. Ltd (China) and Lycored (UK).
The global tomato powder market
is segmented into North America, Europe, Asia Pacific and rest of the world
(RoW). Asia Pacific market is the biggest market for tomato powder, followed by
North America. In Asia Pacific region,
China is the biggest producer and consumer of
tomato powder followed by India. In China, tomato powder is used as a
default ingredient for adding tomato flavor in various fast food dishes. The biggest importer of tomato powder in the Asia Pacific is Japan. Tomato is also integral
to various Indian curries too. Europe is experiencing moderate growth in the
tomato powder market due to the changing consumption pattern and changing
lifestyle to a more health-conscious one among the consumers. According to the
findings of this report, tomato
powder market report in Europe is expected witness growth of tomato
production in Italy, Spain, and the Netherlands.
Some key players of tomato market also have their base and production-related operations in the United Kingdom (UK). During the forecast period, China, Germany, Netherlands,
Turkey and the United States of America (USA) are expected to emerge as the
major exporters of tomato powder.
Latest Industry News
Agrofusion
is planning to invest in the tomato powder market. A tomato powder plant will
be inaugurated later this year in Snigirevka of Nikolaev region,
Interfax-Ukraine.
Ukrainian
canned tomato and tomato paste producer Agrofusion has been cleared for
exporting organic produce to Japan, the world's fourth-largest importer in
2017.
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considering Covid19 Footprints for Better Analysis of Market and Industries.
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