Fresh Onions & Shallots Market: Medicinal Benefits to Contribute the Most

Posted by Arslan on February 6th, 2019

global market for fresh onions and shallots is projected to expand at a robust CAGR of 6.3 percent in the coming years. From an estimated value of more than US$ 37 Billion in 2017, revenue from the sales of fresh onions and shallots is pegged to cross US$ 51 Billion by 2022, during the assessment period of 2017-2022. Burgeoning application as a condiment and food formulations coupled with perceived medicinal benefits of onions and shallots are key factors contributing to the growth of global fresh onions and shallots market, predicts Fact.MR.

Fact.MR’s report on the global fresh onions and shallots market, offers a 5-year forecast, delivering key insights on the market dynamics shaping the market’s growth trajectory. The report also assays a comprehensive competitive landscape, with insights on key market leaders and their expansion strategies. Fact.MR foresees potential expansion opportunities in the global fresh onions and shallots market considering the demand for year-round onion supply.

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https://www.factmr.com/report/293/fresh-onions-and-shallots-market

R&D in Fresh Onions and Shallots Market to Increase as the Superfoods are Found to have Cancer-Fighting Properties

The allium family vegetable including fresh onions and shallots are being valued more than ever owing to their potential medicinal properties. Many studies and researches are being conducted around the world to find out more about the cancer-fighting properties associated with fresh onions and shallots. In a recently conducted study, researchers examined Ontario-grown red onions and its ability to kill cancer cells.

Fresh Onions and Shallot Producers Exploring Smart Production Option, Newer Product Hybrids

Owing to the growing global demand for good quality onions and shallot, farm owner and producers are exploring top quality seeds options to produce hybrid shallot variants—in the form of Maserati F1 and Tropix. Specifically made for the South East Asian market, these varieties are anticipated to fuel the production of healthy shallots from high quality seed. Sunions- marketed as America’s first ever tearless, sweet-tasting onion is growth primarily in Washington and Nevada. Developed after years of onion crossbreading, makers of Sunions have started using gas chemotherapy to identify least volatile onions and breed them for further mildness. Innovations like these are projected to drive the production and consumption of fresh onions and shallots, globally.

Competitive Landscape Analysis – Global Fresh Onions and Shallots Market

Fact.MR’s report titled ‘Fresh Onions and Shallots Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022’ provides a detailed competitive scenario analysis, assaying critical insights on the key market leaders, along with their company profiles, key product developments, key financials, and expansion strategies. Key market players identified in the report on global fresh onions and shallots market include Avantha Holdings Limited, T&G GLOBAL, Vladam, River Point Farms, Murakami Produce Company LLC, Snake River Produce, Gills Onions, and JC Watson Company.