Tomato Powder Market Overview
Tomato powder is manufactured by dehydrating tomato and creating a fine powder. Tomato powder is one of the most widely used ingredient in food and beverage industry. It is rich in flavor which has increased its application in various product lines such as seasonings and savories, soup mixes, snack foods, curries and gravies, baby foods and many more. Tomato powder has a higher shelf life compared to other tomato extracts which is driving the growth of Tomato Powder Market. Apart from its use in food industry, tomato powder is also applicable in cosmetic industry for its high nutrient and antioxidant properties which is adding fuel to the growth of Tomato Powder Market.
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The tomato powder market size is expected to garner an income of USD 1842.15 Million by 2027, with a CAGR of around 3.77% during the estimated time of 2021–2027. Tomato is handled into dried powder for use in various food and drink applications, as a fixing, is alluded to as tomato powder. Flooding interest for normal fixings in food items and refreshments is among the essential determinants driving the market development of tomato powder.
The global Tomato Powder Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Asia Pacific market is dominating the Tomato Powder Market followed by North America. In Asia Pacific, China is the major producer and consumer of tomato powder followed by India. In China, tomato powder is used as a major ingredient for adding tomato flavor in various fast-food dishes. Moreover, tomatoes are an integral part of American diets and used in every recipe which has opened doors for Tomato Powder Market in this region.
Moreover, Europe is experiencing moderate growth in the Tomato Powder Market owing to the changing lifestyle and changing consumption pattern among the consumers. Moreover, Spain and the Netherlands are experiencing increasing production of tomatoes which is contributing the growth of tomato powder in these regions.
Tomato powder is segmented since product of process including hot break, cold break, and warm break. Among all, hot break is projected to be the fastest growing segment as it produces a denser and more viscous product when reconstituted and can be used in functional foods and nutrition applications.
Based on application, tomato powder is segmented such as seasoning and savories, soup mixes, snack foods, curries and gravies, baby foods and others. Seasoning and savories market is expected to be the fastest growing segment owing to increased consumption of seasoning and savories in the market.
The major players in the Tomato Powder Market
- Grupo Empresarial Agraz, S.L. (Spain)
- Garlico Industries Ltd. (India)
- Aarkay Food Products Ltd. (India)
- Lycored (U.K.)
- Hangzhou Qincheng Trade Co. Ltd (Beijing)
- Cmec Xinjiang Foodstuff Co. Ltd. (China)
- BATA FOOD (Turkey)
Focus on R&D will contribute to the growth of Tomato Powder Market Analysis. Moreover, increasing application of tomato powder will attract new players in the market which will drive the growth of Tomato Powder Market.
Tomato Powder Market is segmented because of product process, application, and region.
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