IMARC Group, a leading market research company, has recently releases report titled “Indian Onion Powder Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the Indian onion powder market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the Indian onion powder
market?
The Indian onion powder market size reached 14.0 Kilo Tons in 2022. Looking forward, IMARC Group expects the market to reach 19.7 Kilo Tons by 2028, exhibiting a growth rate (CAGR) of 5.92% during 2023-2028.
What is onion powder?
Onion powder refers to a processed product widely employed to impart the flavor of onions to numerous dishes. It is commercially manufactured by dehydrating fresh onions in a controlled environment and then grinding the dried flakes into a fine powder. It is slightly less pungent in nature and preserves the nutrient content of the fresh vegetable in an efficient manner. It is a rich source of essential nutrients, which include carbohydrates, vitamins B6 and C, potassium, manganese, fiber, protein, calcium, iron, cholesterol, folate, phosphorus, and magnesium. It is easy to pack, handle, and transport, provides longer shelf life, and saves time as it eliminates the requirement for chopping onions. Additionally, it is widely used to prepare various soups, salads, snacks, canned food, and meats. Presently, onion powder is easily available in supermarkets and hypermarkets, convenience online, and local and departmental stores across India.
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What are the growth prospects and trends in the Indian onion powder industry?
The market is primarily driven by the significant expansion in the food and beverage (F&B) sector. In addition, the rising demand for onion powder in the preparation of several food products, including sauces, gravies, salads, pizzas, casseroles, and pasta, is contributing to the market growth. It is also employed in seasonings, marinades, dry rubs, and condiments for making appetizers, meat, and seafood. In line with this, the hectic schedules of individuals, increasing product use for its high magnesium and calcium content, and the emergence of canned and frozen food products are contributing to the market growth. Moreover, the rising awareness among consumers regarding the benefits of consuming onion powder, such as promoting bone health, improving immunity and digestion, supporting muscle, and nerve function, preventing infections, treating coughs and colds, and regulating blood pressure, represents another major growth-inducing factor. Besides this, the escalating demand for powder onions to replace culinary onions by industrial canteens, large catering companies, and cooking institutions is influencing the market growth.
Additionally, the growing popularity of ready-to-eat (RTE) food products such as noodles, frozen food, instant mixes, packaged soups, and oats is accelerating the product adoption rate. In line with this, the leading market players are making efforts to meet the standards of processed goods in India, which is propelling the market growth. Apart from this, onion powder market is growing at different rates in numerous states, with Gujarat being one of the largest markets due to rapid urbanization, rising demand, and the increasing number of onion powder production plants. Furthermore, several onion powder packaging solutions such as cans, pouches, and aseptic cartons help preserve its flavor longer than fresh onions, providing added convenience and enhancing market demand across India. Other factors include rapid urbanization, rising disposable income, the significant expansion of the organized and online retail sector, and research and development (R&D) activities among key players are creating a positive market outlook across India.
What is included in market segmentation?
The report has segmented the market into the following categories:
- Breakup by End-Use Sector:
- Commercial
- Residential
- Breakup by Application:
- Food Processing
- Healthcare
- Breakup by Packaging:
- Bulk Packaging
- Pouches
- Breakup by Region:
- Gujarat
- Maharashtra
- Madhya Pradesh
- Rajasthan
- Others
Who are the key players operating in the industry?
The report covers the major market players including:
- Jain Irrigation Systems Pvt. Ltd
- Kings Dehydration
- Gujarat Dehyd Foods Ltd.
- Gujarat Agro Exports Ltd.
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