What is Global Tomato Powder Market?
The Global Tomato Powder Market is a vast and dynamic sector that encompasses a wide range of products derived from tomatoes. Tomato powder is essentially dehydrated tomatoes ground into powder, retaining all the nutrients and flavors of the original fruit. This market has seen significant growth due to the increasing demand for natural and organic food products worldwide. The global market for tomato powder is not confined to a specific region or country but spans across the globe, with key players operating in various parts of the world. The market's value was estimated at US$ 207 million in 2023, and it is projected to reach US$ 264.1 million by 2030. This growth is attributed to the rising consumer preference for healthy and convenient food options, coupled with the versatile applications of tomato powder in various food products.
Spray Dried, Freeze Dried, Others in the Global Tomato Powder Market:
The Global Tomato Powder Market is segmented based on the type of drying process used to produce the powder. The primary types include Spray Dried, Freeze Dried, and Others. Spray-dried tomato powder is the most common type, accounting for over 90% of the market share. This method involves spraying a fine mist of tomato puree into a hot air chamber, where the water evaporates, leaving behind fine particles of tomato powder. Freeze-dried tomato powder, on the other hand, is produced by freezing the tomato puree and then reducing the surrounding pressure to allow the frozen water to sublimate directly from the solid phase to the gas phase. Other types of tomato powder are produced using different drying methods, each with its unique characteristics and applications.
Snack Foods, Seasoning and Savories, Soup and Drinks, Healthcare Food, Others in the Global Tomato Powder Market:
Tomato powder finds extensive usage in various sectors, including Snack Foods, Seasoning and Savories, Soup and Drinks, Healthcare Food, and Others. In snack foods, tomato powder is used to add flavor and color to chips, popcorn, and other snacks. In seasoning and savories, it is used as a spice to enhance the taste of various dishes. Tomato powder is also a key ingredient in many soup and drink recipes, providing a rich tomato flavor without the need for fresh tomatoes. In the healthcare food sector, tomato powder is used due to its high nutritional value, including vitamins, minerals, and antioxidants. Other applications of tomato powder include its use in baking, sauces, and marinades, among others.
Global Tomato Powder Market Outlook:
Looking at the market outlook for the Global Tomato Powder Market, it was valued at US$ 207 million in 2023. The market is expected to grow at a steady pace, reaching an estimated value of US$ 264.1 million by 2030. This represents a compound annual growth rate (CAGR) of 3.5% during the forecast period from 2024 to 2030. The dominant type of tomato powder in the market is spray-dried, which holds over 90% of the market share. This data reflects the growing demand for tomato powder and its widespread use in various sectors.
| Report Metric | Details |
| Report Name | Tomato Powder Market |
| Accounted market size in 2023 | US$ 207 million |
| Forecasted market size in 2030 | US$ 264.1 million |
| CAGR | 3.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Agusa, Silva International, Conesa Group, Agraz, Givaudan (Naturex), Toul, Vegenat S.A., Lycored, Cham Foods, Garlico Industries, Aarkay Food Products, COFCO TunHe, Gansu Dunhuang, Baoding Hanker, Baoding Waychein |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
