Vegetable Powder Ingredients Market Scope
Vegetable powder is the dehydrated or dried form of any vegetable that is widely used in the food industry to enhance the flavor and taste of food dishes. It can also be used in nutraceutical supplements singly or combined with fruit powders to form a powerful blend of nutritional benefits. Some types of vegetable powders made from onions, garlic, coriander, etc. are often utilized as a seasoning for burgers, ground meat, meatloaf, and more.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Aarkay foods (India), Keya (India), Mars, Incorporated (United States), Augason Farms (United States), Fresh and Wild ltd (United States), RFI Ingredients (United States), Organic Ingredients India (India), McCormick & Company (United States), Olam Spices (United States), Suminter India Organics (India), SHAKTI FOODS (India), Bolner's Fiesta Products, Inc. (United States) and Naturz Organics (Netherlands) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Vegetable Powder Ingredients market throughout the predicted period.
Aarkay foods (India), Keya (India), Mars, Incorporated (United States), Augason Farms (United States), Fresh and Wild ltd (United States), RFI Ingredients (United States), Organic Ingredients India (India), McCormick & Company (United States), Olam Spices (United States), Suminter India Organics (India), SHAKTI FOODS (India), Bolner's Fiesta Products, Inc. (United States) and Naturz Organics (Netherlands) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Vegetable Powder Ingredients market by Type (Carrot Powder, Corn Kernel Powder, Pea Powder, Onion Powder, Corriander Powder, Spinach Powder and Others), by Application (Residential and Commercial) and Region with country level break-up.
On the basis of geography, the market of Vegetable Powder Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Trend
- Increased Adoption of Corriander, Onion, or Garlic Powder for Seasoning
Market Drivers
- Surging Demand of Vegetable Powder Ingredients to Give Rich Aroma to the Food Dishes
- Growing Preference Towards the Vegetable Powders Due to Increasing Number of Working Population and Busy Lifestyle
Opportunities
- Increasing Demand for Organic Vegetable Powder Ingredients
Restraints
- The Inclination of Consumers Towards the Homemade Vegetable Powder Ingredients
Challenges
- Presence of Large Number of Manufacturers in the Global Market
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Vegetable Powder Ingredients Manufacturers, Suppliers and Distributors, Raw Material Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others