Significant Growth Predicted for Tomato Powder Market to USD 1.74 billion by 2032 | CAGR 3.68%

𝐓𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐞𝐱𝐚𝐦𝐢𝐧𝐞𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐚 𝐦𝐚𝐫𝐤𝐞𝐭𝐞𝐫 𝐧𝐞𝐞𝐝𝐬 𝐛𝐞𝐟𝐨𝐫𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐭𝐨𝐦𝐚𝐭𝐨 𝐩𝐨𝐰𝐝𝐞𝐫 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟐. 𝐓𝐨𝐦𝐚𝐭𝐨 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐁𝐲 𝐍𝐚𝐭𝐮𝐫𝐞 (𝐎𝐫𝐠𝐚𝐧𝐢𝐜 𝐚𝐧𝐝 𝐂𝐨𝐧𝐯𝐞𝐧𝐭𝐢𝐨𝐧𝐚𝐥); 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞; 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧; 𝐑𝐞𝐠𝐢𝐨𝐧; 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭, 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟐. 𝐓𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐬 𝐚 𝐭𝐡𝐨𝐫𝐨𝐮𝐠𝐡 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠 𝐨𝐟 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐡𝐚𝐫𝐞𝐬, 𝐬𝐢𝐳𝐞, 𝐜𝐮𝐫𝐫𝐞𝐧𝐭 𝐭𝐫𝐞𝐧𝐝𝐬, 𝐚𝐧𝐝 𝐬𝐚𝐥𝐞𝐬 𝐯𝐚𝐥𝐮𝐞.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧:

Tomato powder can be substituted for tomato juice and tomato sauce. Tomato powder is made by dehydrating the freshest, healthiest tomatoes. One of the most simple ways to keep fresh tomatoes is in powder form. It is commonly known that tomato production is abundant worldwide, but in recent years, the majority of tomatoes produced have been transformed into sauce, juice, and powder.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/tomato-powder-market/request-for-sample

𝐊𝐞𝐲 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭:
The global tomato powder market was valued at USD 1.23 billion in 2022 and is expected to grow to USD 1.74 billion by 2032.
The industry is expected to expand at a CAGR of 3.68% during the forecast period from 2023 to 2032.
The market is primarily segmented based on nature, product type, application, and region.
In 2022, the North America region dominated the global market with the largest share due to its hectic consumer lifestyles, higher disposable income, and the presence of the world's major manufacturer and producer companies in its countries.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

Owing to the presence of numerous participants in the industry, the market is expected to be both competitive and fragmented. The major participants in the tomato powder market are:

Garlico Industries
BATA Food
harmony House Foods
Cham Foods
Lycored
Hangzhou Qincheng Trade Co. Ltd.
AGROTECH
Damien International
Vegenat S.A.
China Kunyu Industrial
COFCO Tunhe Tomato Co. Ltd.
Drytech
Agraz
Farmvilla.

𝐁𝐮𝐲 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐕𝐞𝐫𝐬𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐍𝐨𝐰:https://www.polarismarketresearch.com/buy/2634/2

𝐆𝐫𝐨𝐰𝐭𝐡 𝐅𝐚𝐜𝐭𝐨𝐫𝐬:

The rapidly surging prevalence and penetration of busy lifestyles, urbanization, and changing dietary habits across the globe have led to an increased demand for ready-to-eat and convenience foods. The growing use of these foods in various culinary preparations to enhance flavor and texture and meet consumer demands are among the primary factors boosting the demand and growth of the market.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐁𝐲 𝐍𝐚𝐭𝐮𝐫𝐞:

Organic
Conventional

𝐁𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

Spray Dried
Bulk-Sun Dried
Freeze Dried

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐡𝐞𝐫𝐞:https://www.polarismarketresearch.com/industry-analysis/tomato-powder-market

𝐓𝐨𝐦𝐚𝐭𝐨 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

Organic segment is expected to grow at fastest growth rare over the study period, mainly due to increasing need and demand for healthier and natural ingredients across the food industry
Spray dried segment held the maximum market share in terms of revenue in 2022, owing to its high solubility in water and easy incorporation into different types of formulations
Curries, gravies, and soups segment accounted for over XX% of global market share in 2022, mainly driven by its growing demand across the globe and usage of tomato powder as a flavoring and coloring ingredient
North America region dominated the market with considerable share in 2022, on account of presence of well-established food industry and distribution channel and higher consumer spending capacity on healthier products

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐏𝐌𝐑:
https://www.openpr.com/news/3538751/growth-projections-omega-3-supplements-market-to-achieve-usd

https://www.openpr.com/news/3539596/global-phytosterols-market-expected-to-reach-usd-1-38-billion

https://www.openpr.com/news/3539631/animal-feed-phytase-market-growth-soars-usd-962-07-million

https://www.openpr.com/news/3539663/plant-extracts-market-expected-to-boom-reaching-usd-80-27

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This release was published on openPR.