Global Onion Powder Market to Grow at 3.5% During 2024-2032, Impelled by Increasing Utilization in Residential Sector

July 20, 2020 | Food & Beverages

According to the latest report by IMARC Group, titled "Onion Powder Market Report by Product Type (Conventional, Organic), Packaging Type (Pouches, Cans, Aseptic Cartons, and Others), Distribution Channel (Speciality Stores, Supermarkets/Hypermarkets, Convenience Stores, Online Retailers, and Others), End User (Home Users, Institutional Users), and Country 2024-2032," the global onion powder market size reached 70,600 Tons in 2023. Onion powder refers to a processed product that is widely used to impart the flavor of fresh onions 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 and magnesium. It is relatively easier to handle and saves a lot of time as it eliminates the requirement for chopping onions. Consequently, it is widely used for the preparation of various soups, salads, snacks, gravies and pasta.

Global Onion Powder Market Trends:

The market is primarily driven by the growing utilization of onion powder in numerous food applications. The product is widely used across the food processing industry as a flavoring agent. It forms an essential ingredient in the preparation of numerous ready-to-eat and convenience food products, which is providing a thrust to the market growth. This is further supported by the shifting dietary preferences and the inflating per capita income levels of the masses. Onion powder is also used in residential settings in urban households by working professionals with hectic lifestyles and busy schedules. Individuals are continually replacing fresh onions due to their perishable nature. Powdered onions, on the other hand, have a longer shelf life, are available throughout the year and do not require the hassle of cutting and chopping. This, along with the rapid expansion of organized and online retail sectors, is creating a positive outlook for the market. Manufacturers are also engaged in the development of innovative packaging with easy-to-open containers to offer enhanced convenience to the users, which is expected to provide an impetus to the market growth. On account of the aforementioned factors, the market is expected to grow at a CAGR of 3.5% during the forecast period (2024-2032). 

Market Summary:

  • On the basis of the product type, the market has been bifurcated into conventional and organic variants.
  • Based on the packaging type, the market has been divided into pouches, cans, aseptic cartons, and others.
  • On the basis of the distribution channel, the market has been classified into specialty stores, supermarkets/hypermarkets, convenience stores, online retailers, and others.
  • Based on the end-user, the market has been bifurcated into home users and institutional users.
  • On the geographical front, the market has been segregated into China, India, the United States, Japan, South Korea, Turkey, Iran, Pakistan, Egypt and others.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units ‘000 Tons
Segment Coverage Product Type, Packaging Type, Distribution Channel, End User, Country
Countries Covered China, India, United States, Japan, South Korea, Turkey, Iran, Pakistan, Egypt, Others
Companies Covered Sensient, Vegenat, STL, JISL, Sodeleg, Qingdao Lulin Dehydrated Vegetables Co., Olam International Inc., Giza National Dehydration, New Benisuef, Natural Dehydrated Vegetables Pvt. Ltd., and Xinghua Hengsheng Food Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Onion Powder Market to Grow at 3.5% During 2024-2032, Impelled by Increasing Utilization in Residential Sector
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