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Global Fresh Onions and Shallots Market Analysis, Trend, Size, Share, and Forecast 2017 - 2022

01-30-2018 01:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Onions are one of the widely used ingredient in the food across the globe. However, people have also started using shallots due to the benefits offered by it. Manufacturers are also using various types of onions and shallots in their products such as sauces, soups, snacks, meat products, etc. consumers have also started using shallots over onions as they have mild onion flavor. The demand for shallots and onions is also rising due to the various health benefits offered. This report, published by Fact.MR, provides in-depth analysis of the global fresh onions and shallots market for the forecast period 2017-2022, and offers key insights about future market direction.

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Scope

The scope of Fact.MR’s report is to analyze the global fresh onions and shallots market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Fresh onions and shallots manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to fresh onions and shallots.

In order to offer readers with up-to-date information about the latest advancements in the global fresh onions and shallots market, the report provides updates about market opportunities, which can benefit leading manufacturers of fresh onions and shallots. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for fresh onions and shallots manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

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Forecast Highlights on Global Fresh Onions and Shallots Market

1- Asia-Pacific Excluding Japan (APEJ) is expected to dominate the global fresh onions and shallots market. APEJ fresh onions and shallots market is projected to surpass US$ 20,700 million revenue by the end of 2022. Owing to the largest production of onions and shallots, Asia Pacific is witnessing the growth. 

2- Europe is also likely to witness above-average growth in the global fresh onions and shallots market. The most common types of shallots grown in the region are atlas, pikant, and Ed’s red type. Moreover, the grey type of shallots is widely grown in the southern France. Red and yellow onions are also widely used in European cuisines.  

3- Red onions are expected to be the highly preferred product in the global fresh onions and shallots market. By the end of 2022, red onions are projected to bring in nearly US$ 15,400 million revenue. Meanwhile, yellow onions are also expected to account for nearly one-third of the revenue share by the end of 2017.

4- Whole fresh onions and shallots are expected to emerge as the most preferred form as compared to fresh onions and shallots in form of slices, rings and chopped. Whole fresh onions and shallots are projected to create an incremental opportunity more than US$ 8,400 million between 2017 and 2022.

5- Application of fresh onions and shallots is expected to be the largest in culinary. Culinary is estimated to surpass US$ 21,200 million revenue by the end of 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global fresh onions and shallots market through 2022, which include Gills Onions, LLC, Avantha Holdings Limited, Murakami Produce Company LLC, JC Watson Company, River Point Farms Llc, Vladam FG, T&G Global Ltd, and Snake River Produce Co. Llc.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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