India Tomato Processing Market to Grow at 5.42% During 2024-2032, Impelled by Increasing Demand for Processed Tomato Products

October 25, 2022 | Food & Beverages

According to the latest report by IMARC Group, titled "India Tomato Processing Market Report by Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Convenience Stores, Online Stores, and Others), End-Use (Sauces, Paste, Canned Tomatoes, Ketchup, Juice, and Others), and Region 2024-2032," the India tomato processing market is expected to exhibit a CAGR of 5.42% during 2024-2032. Tomatoes are nightshade vegetables that are rich in folate, potassium, antioxidant lycopene, and vitamins C and K. They offer various health benefits, including assisting digestion, avoiding cancer, reducing sunburns, and improving heart health, blood pressure, and blood glucose levels in individuals with diabetes. Around 20% of tomatoes produced worldwide are used in the tomato processing industry to make purees, soups, tomato ketchup, pickles, juices, and sauces. Currently, the tomato processing market is positively organized and generates sales worth billions of dollars. In addition to this, India is the world’s second-largest tomato producer and has an 11% share of the total global tomato production.

India Tomato Processing Market Trends:

The market in India is primarily driven by the increasing demand for processed tomato products, such as tomato paste and tomato sauce, from the food sector. In line with this, the rising utilization of processed tomato products in the preparation of various Indian cuisines is positively influencing the market. Furthermore, the tomato processing industry in India is equipped with state-of-the-art manufacturing facilities and advanced technology, thus favoring the market growth. Apart from this, the escalating preference for fast food, especially by the young generation, has resulted in the growing demand for processed tomato products, such as ketchup and sauces. This is further catalyzing the market across the country. Moreover, various unique packaging methods offered by manufacturers in India have resulted in safe distribution and a longer shelf-life of tomato-based products. This is strengthening the product demand across the country. Besides, rapid urbanization and inflating disposable incomes of the masses are propelling the market.
 

Market Summary:

  • On the basis of the distribution channel, the market has been segmented into supermarkets and hypermarkets, speciality stores, convenience stores, online stores, and others.
  • Based on the end-use, the market has been classified into sauces, paste, canned tomatoes, ketchup, juice, and others.
  • On the basis of the region, the market has been divided into North India, East India, West and Central India, and South India.
  • The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
     

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Distribution Channel, End-Use, Region
Region Covered  North India, West and Central India, South India, East India
Customization Scope 10% Free Customization
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India Tomato Processing Market to Grow at 5.42% During 2024-2032, Impelled by Increasing Demand for Processed Tomato Products
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