What is Global Fresh Onions and Shallots Market?
The Global Fresh Onions and Shallots Market is a comprehensive study of the current trends, growth opportunities, market dynamics, potential challenges, and the factors influencing the market's growth in the global landscape. The market study provides a detailed analysis of the global market for fresh onions and shallots, which includes red onions, yellow onions, white onions, and shallots. The market is segmented based on the type of product, end-user, and region. The market study provides a detailed analysis of the market's growth rate, market share, current and future trends, market drivers, opportunities and challenges, risks, and entry barriers. The study also provides a comprehensive view of the market's competitive landscape and the strategies adopted by the leading market players. The Global Fresh Onions and Shallots Market report provides a detailed analysis of the market's growth prospects, market trends, and market dynamics. The report also provides a detailed analysis of the market's competitive landscape and the strategies adopted by the leading market players. The report provides a comprehensive view of the market's growth prospects, market trends, and market dynamics. The report also provides a detailed analysis of the market's competitive landscape and the strategies adopted by the leading market players.
Yellow Onions, Red Onions, White Onions in the Global Fresh Onions and Shallots Market:
The Global Fresh Onions and Shallots Market is segmented into three types of onions: yellow onions, red onions, and white onions. Yellow onions are the most common type of onions and are known for their strong flavor and high sulfur content. They are often used in cooking for their ability to add flavor to dishes. Red onions, on the other hand, have a mild flavor and are often used in salads and sandwiches. They are also known for their health benefits, including their high antioxidant content. White onions have a sweet and mild flavor and are often used in Mexican cuisine. They are also known for their health benefits, including their high vitamin C content. The market for these onions is driven by their wide range of uses in various cuisines around the world. The market is also influenced by factors such as the increasing demand for organic onions and the growing awareness about the health benefits of onions.
Retails, Foodservices, Food Processing Plants in the Global Fresh Onions and Shallots Market:
The Global Fresh Onions and Shallots Market is also segmented based on end-users, which include retails, food services, and food processing plants. Retail is the largest segment in the market, accounting for about 60% of the market share. This is due to the high demand for fresh onions and shallots in households for cooking purposes. Food services, which include restaurants, hotels, and cafes, also contribute significantly to the market. These establishments use fresh onions and shallots in a variety of dishes, contributing to the market's growth. Food processing plants also use fresh onions and shallots in the production of various food products, including sauces, pickles, and ready-to-eat meals. The demand for these products is increasing, contributing to the growth of the market.
Global Fresh Onions and Shallots Market Outlook:
The Global Fresh Onions and Shallots Market was valued at US$ 51920 million in 2022. It is expected to reach a value of US$ 58980 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.1% during the forecast period from 2023 to 2029. The largest segment in terms of product type is red onions, which account for about 40% of the market. The largest end-user segment is retail, which accounts for about 60% of the market. The growth of the market is driven by factors such as the increasing demand for fresh onions and shallots in households, restaurants, and food processing plants, and the growing awareness about the health benefits of onions.
| Report Metric | Details |
| Report Name | Fresh Onions and Shallots Market |
| Accounted market size in 2023 | US$ 52160 million |
| Forecasted market size in 2029 | US$ 58980 million |
| CAGR | 2.1 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Segment by Region |
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| By Company | Global Green Company, T&G Global, Vladam, River Point Farms, Baker & Murakami Produce, Snake River Produce, Gills Onions, JC Watson Company, TOP Onions, GIY, Oldershaw Group, Mammoth Onion, Dixondale Farms, IRISH, Peri & Sons Farms, Foppiano, Oomen Onions, Mosselman, Al-Fiza Herbal |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
