According to the report, the global onion powder market reached a volume of 64.33 KMT in 2022. Aided by the rising inclination towards convenience foods and the versatile culinary applications of onion powder, the market is projected to further grow at a CAGR of 5.2% between 2023 and 2028 to reach a volume of 87.2 KMT by 2028.
Onion powder is a dehydrated form of fresh onions, offering an aromatic and flavourful alternative that’s both shelf-stable and versatile. Extracted from fresh onions which are dried and then finely ground, onion powder has become a staple in many households and commercial kitchens, given its ease of use and long shelf life. The ingredient not only enriches dishes with an oniony zest but also serves as a thickening agent in certain recipes.
The accelerating pace of modern lifestyles is significantly catalysing the onion powder market growth. With more consumers leaning towards easy-to-cook and ready-to-eat meals, the demand for seasonings and flavourings that provide authentic taste without the fuss of handling and preparing fresh produce has surged. Onion powder, in this context, emerges as an essential kitchen companion, eliminating the tear-inducing ordeal of dicing fresh onions while retaining the flavour.
Onion powder's applications are not just confined to home kitchens. As per the onion powder market analysis, the food processing sector, with its vast range of products, from canned soups to instant noodles and from meat rubs to snacks, relies heavily on this potent ingredient. This is due to onion powder's ability to offer consistent taste and aroma, making it a favourite among manufacturers.
Furthermore, the health and wellness trend sweeping across global consumer markets has indirectly lent momentum to the onion powder market demand. Onions are known for their antioxidant properties and benefits in regulating blood sugar, among other health advantages. Powdered form, while retaining some of these benefits, also offers the advantage of easy storage, longer shelf life, and consistent quality.
In the cosmetics and personal care sector, onion's properties, especially in promoting hair growth and preventing hair fall, have been tapped into. As a result, onion powder finds its way into formulations of certain hair care products, expanding the horizon of its applications and adding value to the onion powder market size.
These high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Onion powder is a dehydrated form of fresh onions, offering an aromatic and flavourful alternative that’s both shelf-stable and versatile. Extracted from fresh onions which are dried and then finely ground, onion powder has become a staple in many households and commercial kitchens, given its ease of use and long shelf life. The ingredient not only enriches dishes with an oniony zest but also serves as a thickening agent in certain recipes.
The accelerating pace of modern lifestyles is significantly catalysing the onion powder market growth. With more consumers leaning towards easy-to-cook and ready-to-eat meals, the demand for seasonings and flavourings that provide authentic taste without the fuss of handling and preparing fresh produce has surged. Onion powder, in this context, emerges as an essential kitchen companion, eliminating the tear-inducing ordeal of dicing fresh onions while retaining the flavour.
Onion powder's applications are not just confined to home kitchens. As per the onion powder market analysis, the food processing sector, with its vast range of products, from canned soups to instant noodles and from meat rubs to snacks, relies heavily on this potent ingredient. This is due to onion powder's ability to offer consistent taste and aroma, making it a favourite among manufacturers.
Furthermore, the health and wellness trend sweeping across global consumer markets has indirectly lent momentum to the onion powder market demand. Onions are known for their antioxidant properties and benefits in regulating blood sugar, among other health advantages. Powdered form, while retaining some of these benefits, also offers the advantage of easy storage, longer shelf life, and consistent quality.
In the cosmetics and personal care sector, onion's properties, especially in promoting hair growth and preventing hair fall, have been tapped into. As a result, onion powder finds its way into formulations of certain hair care products, expanding the horizon of its applications and adding value to the onion powder market size.
Market Segmentation
The market can be divided based on product type, packaging type, distribution channel, end users, and region.Market Breakup by Product Type
- Conventional
- Organic
- Others
Market Breakup by Packaging Type
- Pouches
- Cans
- Aseptic Cartons
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Specialist Stores
- Convenience Stores
- Online Stores
- Others
Market Breakup by End Users
- Home Users
- Institutional Users
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global onion powder market.Some of the major players explored in the report are as follows:
- McCormick & Company, Inc
- Mars, Incorporated
- Henan Sunny Foodstuff Co.,Ltd
- SODELEG
- V.T. Foods Pvt. Ltd
- Others
About the Analyst
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.These high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Industry Opportunities and Challenges11 Value Chain Analysis14 Industry Events and Developments
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Onion Powder Market Analysis
9 Regional Analysis
10 Market Dynamics
12 Price Analysis
13 Competitive Landscape
List of Key Figures and Tables1. Global Onion Powder Market: Key Industry Highlights, 2018 and 2028
Companies Mentioned
- McCormick & Company Inc
- Mars Incorporated
- Henan Sunny Foodstuff Co.Ltd
- SODELEG
- V.T. Foods Pvt. Ltd
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 164 |
| Published | October 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value in 2023 | 67.68 KMT |
| Forecasted Market Value by 2028 | 87.2 KMT |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
