COVID-19 Impact on Tomato Powder Market Size, Share, Global Analysis by 2024

28/mag/2020 08:32:56 suraj taur Contatta l'autore

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Market Overview

Global COVID-19 Impact on Tomato Powder Market is widely used in a range of food products and is popular for its uniform consistency, rich and tangy taste, and prolonged shelf life. Tomato powder is easy to store, transport, and package. Tomato powder is consumed invariably as a chief ingredient in various curries and soup, as they are aligned with numerous health benefits. Tomato powder serves as a chief source of Vitamin A and C, dietary fiber, beta-carotene, iron, riboflavin, potassium, thiamine, magnesium, niacin, and others.

Tomato powder holds a promising and potential market for processing industries, where it is used in the production of sauce, soup, baby food, curry mixes, and others. Growing consumption of these products worldwide has created a favorable environment for the growth of the tomato powder.

Competitive Landscape

Garlico Industries Ltd. (India), Grupo Empresarial Agraz, S.L. (Spain), Hangzhou Qincheng Trade Co. Ltd (Beijing), Lycored (U.K.), BATA FOOD (Turkey), Cmec Xinjiang Foodstuff Co. Ltd. (China), and Aarkay Food Products Ltd. (India) are the key players in the COVID-19 Impact on Tomato Powder Market.

Industry Updates

May 2018 - Agrofusion, a leading B2B tomato paste producer in Ukraine, expanded its production facility with the launch of a new tomato powder plant.

Segmentation

Global COVID-19 Impact on Tomato Powder Market has been segmented based on process and application.

By process, the tomato powder market has been segmented into hot break, cold break, and warm break. Through hot break process, more dense and viscous tomato powder can be produced, which can be used in functional food and nutritional applications. Thus, the hot break segment is leading the market and is anticipated to be the fastest-growing segment as well.

By application, the tomato powder market has been segmented into seasoning and savories, soup mixes, snack foods, curries and gravies, baby foods, and others. The seasoning and savories segment is likely to showcase substantial growth over the forecast period and will be followed by the soup mixes segment.

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Regional Analysis

Region-wise, the COVID-19 Impact on Tomato Powder Market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

APAC leads the global tomato powder market. China is among the leading producers of tomato powders. Tomato powder is extensively used in China for its rich and tangy taste. Moreover, tomato is an integral part of the indigenous cuisines of the region.

North America follows APAC closely and is the second-largest market for tomato powder. Tomatoes are inherently used in the staple American food due to which the region generates high demand for tomato powder.

Europe too is exhibiting considerable growth in the global tomato powder market. Changing dietary patterns due to influence from other parts of the world has led to the increased usage of tomato powders in various European dishes. Besides, the production of tomatoes is considerably high in Spain and the Netherlands, which can influence the growth of the market.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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