Tomato Powder Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic and Conventional); By Product Type; By Application; By Region; Segment Forecast, 2023 – 2032

Tomato Powder Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic and Conventional); By Product Type; By Application; By Region; Segment Forecast, 2023 – 2032

The global tomato powder market size is expected to reach USD 1.74 billion by 2032, according to a new study by Polaris Market Research. The report “Tomato Powder Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic and Conventional); By Product Type; By Application; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rapidly increasing product demand across the food processing industry as a major flavoring and coloring agent in products like soups, sauces, seasonings, snacks, and ready-to-eat meals coupled with its ability to offer higher convenience and a longer shelf life compared to fresh tomatoes, are prominent factors influencing the growth of the market. Moreover, rising trend of westernization of food patterns mainly in developing economies and surge in the number of teenagers spending higher of organic and natural food products along with new advancements and expansion being introduced by key companies, is creating lucrative growth opportunities.

For instance, in June 2022, Cremica, announced the expansion of its product portfolio through introducing a new range of sauces, that can be used in salad dressings and are deliciously addictive. The company is launching its range of seven new sauces and tomato ketchup that are likely to cater the ever-changing consumer taste and preferences.

The rapid advancements in processing techniques that have led to improved quality, flavor, and texture of tomato powder and surging incorporation of innovative drying methods such as spray drying and freeze drying which helps in preserving the natural characteristics of tomatoes and enhance the quality of the resulting powder, is anticipated to create significant growth opportunities for the market over the years.

Additionally, many manufacturers across the globe have been extensively focusing on the introduction of flavored tomato powders by incorporating various herbs, spices, and seasonings into the powder that offers consumers a convenient way to enhance the flavor of their dishes without the need for additional ingredients, contributing to product increasing popularity and adoption around the world.

Tomato Powder Market Report Highlights

Organic segment is expected to grow at fastest growth rare over the study period, mainly due to increasing need and demand for healthier and natural ingredients across the food industry

Spray dried segment held the maximum market share in terms of revenue in 2022, owing to its high solubility in water and easy incorporation into different types of formulations

Curries, gravies, and soups segment accounted for over XX% of global market share in 2022, mainly driven by its growing demand across the globe and usage of tomato powder as a flavoring and coloring ingredient

North America region dominated the market with considerable share in 2022, on account of presence of well-established food industry and distribution channel and higher consumer spending capacity on healthier products

The global key market players include Harmony House Foods, Cham Foods, Garlico Industries, Damien International, Vegenat, COFCO Tunhe Tomato, and Aarkay Food Products

Polaris Market Research has segmented the Tomato Powder market report based on nature, product type, application, and region:

Tomato Powder, Nature Outlook (Revenue - USD Billion, 2023 - 2032)

Organic

Conventional

Tomato Powder, Product Type Outlook (Revenue - USD Billion, 2023 - 2032)

Spray Died

Bulk-Sun Dried

Freeze Dried

Tomato Powder, Application Outlook (Revenue - USD Billion, 2023 - 2032)

Bakery & Confectionery

Beverages

Dairy & Frozen Products

Infant Nutrition

Curries, Gravies, and Soups

Sweet Savory

Snacks

Others

Tomato Powder, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa