Tomato Powder Market Share Analysis by Advanced Technology, Trends, Forecasts to 2027 & Covid-19 Analysis | MRFR
Market Overview
During the projected period of 2020-2027, the tomato
powder market is anticipated to achieve a revenue of approximately USD 1842.15
Million, exhibiting a Compound Annual Growth Rate (CAGR) of approximately
3.77%.
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 global Tomato Powder Market Share was estimated at $1842.15
million from 2021 to 2027. 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.
Market Segmentation
The Tomato Powder Market Trends are 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.
Industry News
Some major key industrial players in the market are
Lycored (U.K.), Bata Food, and S.L. The market for tomato powder is projected to
generate USD 1842.15 million in revenue by 2027, with a compound annual growth
rate of approximately 3.77% from 2020 to 2027.
Regional Analysis
According to a recent geographical analysis, the
global Tomato Powder
Market Share 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.
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