According to IMARC Group’s latest report, titled “Onion Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, 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.
Onion powder represents a processed form of dehydrated onion that is extensively used to impart flavor 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, magnesium, etc. Onion powder is relatively easier to handle and saves a lot of time, as it eliminates the requirement for chopping onions.
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Global Onion Powder Market Trends:
The widespread adoption of the product across the food processing industry as a flavoring agent is primarily augmenting the onion powder market. Furthermore, the increasing utilization of this powder, as it forms an essential ingredient in the preparation of several ready-to-eat and convenience food items, is positively influencing the global market. Apart from this, the changing dietary preferences and the inflating per capita income levels of individuals are acting as significant growth-inducing factors. Moreover, the rising usage of onion powder by working professionals with hectic lifestyles and busy schedules is also bolstering the market growth. Besides this, the escalating demand for powdered onion, as they have a longer shelf life, are available throughout the year, do not require the hassle of cutting and chopping, etc., is further catalyzing the global market. Additionally, the expanding online retail sector and the development of innovative packaging with easy-to-open containers by leading manufacturers to offer enhanced convenience to users are expected to fuel the onion powder market in the coming years.
Onion Powder Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the onion powder market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the global onion powder market on the basis of product type, packaging type, distribution channel, end-user and region.
Breakup by Product Type:
ConventionalOrganicBreakup by Packaging Type:
PouchesCansAseptic CartonsOthersBreakup by Distribution Channel:
Speciality StoresSupermarkets/HypermarketsConvenience StoresOnline RetailersOthersBreakup by End User:
Home UsersInstitutional UsersBreakup by Region:
ChinaIndiaUnited StatesJapanSouth KoreaTurkeyIranPakistanEgyptOthersAsk Analyst for 10% free customized report: https://www.imarcgroup.com/onion-powder-manufacturing-plant
Key highlights of the report:
Market Performance (2017-2022)Market Outlook (2023- 2028)Porter’s Five Forces AnalysisMarket Drivers and Success FactorsSWOT AnalysisValue ChainComprehensive Mapping of the Competitive LandscapeAbout Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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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