Market Overview
Tomato powder is a replacement for tomato juice and tomato sauce variants. Tomato powder is prepared by dehydrating the most healthy and refreshed 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 amount 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.
The tomato powder market overview is projected to grow from USD 1.55 Billion in 2023 to USD 2.0 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.77% during the forecast period (2023 - 2032)
The global Tomato Powder Market was estimated at USD 1.55 Billion in 2023. The major usage of tomato in the human body is its enhancement in vitamins and nutrients. The major factors driving the Tomato Powder Market are the increasing usage of baking, nutritious confectionery, and other convenience food products. 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.
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.
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Market Segmentation
The Tomato Powder Market 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 Research 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 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)
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