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Vegetable Powders Market

Vegetable Powders Market : Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031

Market Insights on Vegetable Powders covering sales outlook, demand forecast & up-to-date key trends

Vegetable Powders Market Overview

According to the latest research by Future Market Insights, vegetable powders is set to witness steady growth during the forecast period 2021-2031. The market for vegetable powders is expected to grow due to consumer demand for authenticity and transparency.

Consumers all over the world are trying to consume food items that include vegetables as an important ingredient such as vegetable-based food items. The increase in demand for vegetable-based instant meals from consumers is thus boosting the growth of the vegetable powders market.

What is Driving the Demand for Vegetable Powders?

Due to the rapid urbanization and hectic lifestyle of the consumers, the demand for ready-to-cook food products has risen quickly in recent years. Ready-to-cook (RTC) packaged foods are more convenient to prepare and can be stored for extended periods. Vegetable powders demand is primarily driven by the rising use of it in ready-to-cook (RTC) foods.

They are also used to flavour sauces, soups, and gravies, as well as to keep the consistency of food products. The growing demand for vegetable powders will be fueled by the growing use of large volumes of sauces and flavours in the foodservice industry.

The demand for it is expected to increase due to their ease of use and increased consumer awareness of the negative effects of artificial food additives.

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Key Factors which will Drive Sales of Vegetable Powders

As vegetable powders are easy to digest and have a high nutritional value, therefore these products are commonly utilised in herbal supplements. They are also being actively incorporated into baby food items because they keep the natural taste and nutrition. These factors will drive its sale in the coming years.

Vegetable powders are being used in a variety of convenience food products as a result of the growing trend of eating whole & healthy foods. They are also extensively used in a variety of product preparations in hotels and restaurants around the world. Thus, these factors helping in increasing its sale across the globe.

Clean label ingredients are organic, non-GMO, and natural. The increase in demand for clean label ingredients is further expected to boost its sale across the globe.

The US and Canada Vegetable Powders Outlook

According to FMI analysis, the increasing customer demand for naturally derived components in food products has allowed the U.S in North America to hold the top position in the vegetable powders market in recent years.

The growing use of it in the production of packaged foods is likely to fuel the expansion of the vegetable powders market in the U.S and Canada. Also, the higher per capita income and presence of major manufacturers in the U.S and Canada is estimated to drive the vegetable powders market.

Nandini Roy Choudhury
Principal Consultant
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Europe Demand Outlook of Vegetable Powders

Clean label components have become more popular in Europe as people become more aware of natural and organic foods. Furthermore, an increase in disposable income, an improvement in living standards, and an increase in healthcare spending are driving the vegetable powders market growth.

Due to the increase in demand for food preservation in the region, the European market of vegetable powder is expected to see substantial revenue growth in the global market in the coming years.

Who are the Key Suppliers of Vegetable Powders

Some of the key market players involved in the vegetable powders are

The vegetable powders market is expected to be driven by new product launches and rising R&D expenses to meet changing end-user demand. Key market players have used organic growth tactics such as mergers and acquisitions to expand their market share.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

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Vegetable powders Segmentation

Grade:

  • Feed Grade
  • Food Grade

Vegetable:

  • Onion & Tomato
  • Corn
  • Mushroom
  • Beans
  • Others

Application:

  • Thickener
  • Nutritional Enrichment
  • Flavour Enhancer

End-Use:

  • Household
  • Food Service (Sauces, Soups and Others)
  • Food and Beverage Products

Distribution Channel:

  • Supermarket/Hypermarket
  • Convenience stores
  • Specialty Stores
  • Online Stores
  • Others

Region:

  • North America (the U.S, Canada and Mexico)
  • Europe (Russia, U.K, Germany, Italy and France)
  • South America (Brazil, Argentina)
  • Asia Pacific (India, China, Australia and Rest of Asia Pacific)
  • Middle East & Africa (Saudi Arabia)
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Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Vegetable Powders Market