Indian Onion Powder Market: Analysis & Forecast 2018-2023
Posted by Sophia Jones on December 27th, 2018
Market Reports on India Provides the Trending Market Research Report on“Indian Onion Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”under Food & Beverage category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Summary
Indian Onion Powder Market Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the Indian onion powder market reached a volume of 11,670 Tons in 2017.Onion powder is widely used in India for several culinary purposes owing to its advantages such as long-shelf life, easy transportation, wide availability and insignificant calorie count
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Apart from this, food processing represents one of the largest sectors in India which is bolstering the demand for onion powder. Moreover, onion powder is used in ready-to-eat food products, like packaged soups, sauces, oats, noodles, pasta, frozen food and instant mixes. Further, onion powder is used in seasonings, dry rubs, marinades and condiments for preparing appetisers, seafood and meat. Looking forward, the market volume is anticipated to 16,540 Tons by 2023, registering a CAGR of 6% during 2018-2023.
Scope
- Based on packaging, the market has been segmented as bulk packaging and pouches. Currently, bulk packaging dominates the market, holding the largest share.
- On the basis of application, food processing represents the largest segment, followed by the healthcare segment.
- Region-wise, the market has been segmented into Gujarat, Maharashtra, Madhya Pradesh, Rajasthan and Others. Amongst these, Gujarat is the leading market, accounting for the majority of the market share.
- Based on end-use, the market is segregated as commercial and residential.
Reasons to buy
- The competitive landscape of the market has also been examined with some of the key players being Jain Irrigation Systems Pvt. Ltd, Kings Dehydration, Gujarat Dehyd Foods Ltd., Gujarat Agro Exports Ltd., etc.
- Amongst these, commercial exhibits a clear dominance in the Indian onion powder market.
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