Onion powder is a processed form of dehydrated onion that can add the same flavor as fresh onions in a convenient manner. As a flavoring agent, onion powder is currently being used in a number of food and non-food products like- snacks, sauces, salads, soups, gravies, appetizers, seafood, meats, etc. Although, it is slightly less pungent than fresh onions, even its little amount can replace the chopping of a whole medium-sized onion. Thus, it is quite easier to handle compared to fresh onions and saves a lot of time while cooking as no chopping is required. Onion powder is also easier to pack and unlike fresh onions does not require refrigerated storage.
Manufactured by dehydrating fresh onions, onion powder has become a product of choice not only among urban households but also in the global food processing industry. Dehydration reduces the water content of fresh onions without impairing their nutrient content and thus offers a standard quality hygienic product. After dehydration, the dehydrated onion flakes can be crushed and finely grounded to form onion powder. As onions are seasonal and cannot be stored under ordinary conditions, dehydration has become an effective and economical technique for preserving them during seasons of abundance and using them during off seasons. The global onion powder market is currently much smaller than the global onion market but is witnessing a healthy growth rate of 7% annually.
IMARC’s latest study “Onion Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025” provides a detailed insight into the global onion powder market. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a onion powder manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the onion powder industry in any manner.
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Key Questions Answered in This Report:
The global onion powder market size reached a volume of 61.5 Million Tons in 2020.
According to the estimates by IMARC Group, the global onion powder market is expected to witness a CAGR of 4.90% from 2021 to 2026
The rising demand of onion powder in snacks, sauces, salads, soups, gravies, appetizers, seafood, meats, etc., represents one of the key drivers for the global onion powder market.
Introduction of innovative packaging variants with easy-to-open containers for offering enhanced convenience to the users represents one of the key trends in the global onion powder market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous manufacturing facilities and supply chain disruptions for onion powder.
On the basis of the product type, the market has been bifurcated into conventional and organic. Currently, conventional variants account for the majority of the total market share.
On the basis of the packaging type, the market has been bifurcated into pouches, cans, aseptic cartons and others. Currently, pouches hold the largest segment.
On the basis of the distribution channel, the market has been divided into specialty stores, supermarkets/hypermarkets, convenience stores, online retailers and others. Among these, convenience stores represent the largest market segment.
On the basis of the end-use, the market has been segmented into home users and institutional users. At present, institutional users exhibit a clear dominance in the market.
Region-wise, the market has been classified into China, India, United States, Japan, South Korea, Turkey, Iran, Pakistan, Egypt and others, where United States dominates the global market.
The key companies in the global onion powder market are 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.
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