How Has the Tomato Powder Market Size Evolved in Recent Years?
The tomato powder market has seen considerable growth due to a variety of factors.
• The tomato powder market has grown strongly in recent years, anticipated to rise from $1.74 billion in 2024 to $1.83 billion in 2025, at a CAGR of 5.2%.
The growth is driven by the convenience and longer shelf life of tomato powder, cost-effective alternatives to fresh tomatoes, expanding food industry applications, and rising disposable incomes.
What are the Market Size and Expected Growth Rates for the Tomato Powder Market?
The tomato powder market is expected to maintain its strong growth trajectory in upcoming years.
• The tomato powder market is projected to grow to $2.21 billion by 2029 at a CAGR of 4.9%.
Growth is attributed to demand in food processing, the rise of organic products, and increased health consciousness. Trends include advances in food processing technologies, customized solutions, and food waste reduction initiatives.
Which Key Drivers Are Propelling The Tomato Powder Market's Growth?
The growth of the tomato powder market is anticipated to be fuelled by the rising demand for ready-to-eat and convenience foods. Ready-to-eat and convenience foods either come entirely prepared or involve only basic preparation, providing ease and time efficiency for consumers. The escalating demand for these types of food can be attributed to multiple factors, which include changing lifestyle patterns in which people have lesser time to cook, an increase in single-person households, and a growing interest in easy-to-prepare food solutions that need minimum cooking or assembly. Tomato powder contributes to the taste, colour, and nutritional content of ready-to-eat and convenience foods. It's a favoured ingredient in sauces, soups, and snack items, primarily because of its versatility and extended shelf life. For example, the Bank of Ayudhya Public Company Limited, a commercial banking firm based in Thailand, indicated in March 2024 that the national market for Thai-produced ready-to-eat food is predicted to see an annual growth of 3.0-4.0% from 2024 to 2026. In addition to this, in 2022, the ready-to-eat food sector reported a total domestic and export sales volume of 482.4 thousand tons, totalling USD 2.0 billion in value. Consequently, the climbing demand for ready-to-eat and convenience foods is stimulating the expansion of the tomato powder market.
What Are The Key Segments Within The Global Tomato Powder Market?
The tomato powder market covered in this report is segmented –
1) By Process: Hot Break, Cold Break
2) By Category: Organic, Conventional
3) By Applications: Bakery And Confectionary, Dairy And Frozen Desserts, Beverages, Infant Nutrition, Sweet And Savory Snacks, Curries Gravies And Soups, Other Applications
Subsegments:
1) By Hot Break: High Temperature Short Time (HTST) Processing, Steam Blanching And Immediate Hot Break, Hot Break With Concentration And Drying
2) By Cold Break: Low Temperature Processing, Cold Break With Enzyme Treatment, Cold Break With Mild Heat Treatment
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What New Trends Are Influencing The Tomato Powder Market?
Leading companies in the tomato powder market are focused on producing cutting-edge products like gluten-free items, with the aim of gaining a competitive advantage. Gluten-free tomato powder, finely ground and dehydrated tomato, goes through intensive processing to ensure it's free from gluten. This product is crafted in environments that meticulously avoid any cross-contamination with gluten-filled grains such as wheat, barley, and rye, thus it is safe for people suffering from gluten intolerance or celiac disease. As an illustration, Mooney Farms, an American food manufacturing company, introduced a new product, Sun Dried Tomato Tuscan Rub, to its renowned Bella Sun Luci product line in August 2022. This rub, made with authentic sun-dried tomatoes, enhances the taste of vegetables, chicken, fish, and other foods. It possesses an ideal mix of spices and flavors, united by Bella Sun Luci's proprietary sun-dried tomatoes ground into a delectable powder.
Who Are the Key Players In The Tomato Powder Market?
Major companies operating in the tomato powder market are:
• Kagome Co. Ltd
• Diana Foods Inc
• COFCO Tunhe Tomato Co. Ltd.
• Gansu Dunhuang Seed Xiyu Tomato Products Co. Ltd.
• Cham Foods
• Aarkay Food Products Ltd.
• Saipro
• China Kunyu Industrial Co. Ltd
• Drytech
• Harmony House Foods
• Agusa
• Conesa Group
• Maduras Herbals
• Philominas Food Products
• Jay Bharat Spices Pvt. Ltd.
• Garlico Industries Limited
• Farmvilla Food Industries Private Limited
• Holy Natural
• Grupo Empresarial Agraz S.L.
• Sahjanand Foods And Agro Tech
• Agraz
What Are The Regional Insights Into The Tomato Powder Market?
North America was the largest region in the tomato powder market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tomato powder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
