Fresh Onions and Shallots Market Anticipated to Gain Prominent Growth at a CAGR of 6.3% During forecast 2017-2022

Posted on 2018-05-21 by Mark Hub in Food & Beverage // 0 Comments

Fact.MR

Dublin 2, Ireland, 2018-May-21 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of fresh onions and shallots market. The study is titled as “Fresh Onions and Shallots Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global fresh onions and shallots market.

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According to the report by Fact.MR, the global market for fresh onions and shallots is likely to experience strong growth. The market is projected to reach US$ 51,524.3 million revenue by 2022 end. Owing to the increasing use of fresh onions and shallots while cooking to enhance the taste, the demand for onions and shallots is rising. Meanwhile, restaurants, fast food joints also use onions and shallots as the main ingredient. Moreover, shallots and onions are also consumed both in cooked and raw form.

3 Forecast Highlights on Global Fresh Onions and Shallots Market

1. Asia-Pacific Excluding Japan (APEJ) is expected to dominate the global fresh onions and shallots market. APEJ fresh onions and shallots market is projected to surpass US$ 20,700 million revenue by the end of 2022. Owing to the largest production of onions and shallots, Asia Pacific is witnessing the growth.

2. Europe is also likely to witness above-average growth in the global fresh onions and shallots market. The most common types of shallots grown in the region are atlas, pikant, and Ed’s red type. Moreover, the grey type of shallots is widely grown in the southern France. Red and yellow onions are also widely used in European cuisines.

3. Red onions are expected to be the highly preferred product in the global fresh onions and shallots market. By the end of 2022, red onions are projected to bring in nearly US$ 15,400 million revenue. Meanwhile, yellow onions are also expected to account for nearly one-third of the revenue share by the end of 2017.

Whole Fresh Onions and Shallots to be the Most Accepted Form

Compared to fresh shallots and onions available in chopped, sliced, rings, minced forms, whole fresh shallots and onions are likely to be the most accepted form. Whole fresh onions and shallots are estimated to exceed US$ 30,200 million revenue by the end of 2022. Meanwhile, fresh onions and shallots in form of slices are also likely to witness impressive growth throughout the forecast period.

Red Onions to Emerge as the Top-Selling Product

Among various types of onions available in the market, red onions are likely to witness healthy growth during the forecast period 2017-2022. Red onions are estimated to create more than US$ 4,000 million incremental opportunity towards the end of 2017.

Culinary to Gain Maximum Revenue Share

Fresh onions and shallots will be largely used in culinary. Accounting for more than two-fifth of the revenue share by the end of 2017, culinary is projected to create an incremental opportunity surpassing US$ 4,800 million during the forecast period from 2017 to 2022. Although, soups, sauces, and dressings are also expected to experience strong growth from 2017 to 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global fresh onions and shallots market through 2022, which include Gills Onions, LLC, Avantha Holdings Limited, Murakami Produce Company LLC, JC Watson Company, River Point Farms Llc, Vladam FG, T&G Global Ltd, and Snake River Produce Co. Llc.

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Table of Content:

1. Global Fresh Onions and Shallots Market – Executive Summary

2. Global Fresh Onions and Shallots Market Overview
2.1. Introduction
2.1.1. Global Fresh Onions and Shallots Market Taxonomy
2.1.2. Global Fresh Onions and Shallots Market Definition
2.2. Global Fresh Onions and Shallots Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Fresh Onions and Shallots Market Y-o-Y Growth
2.3. Global Fresh Onions and Shallots Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Trade Analysis
2.7. Product Innovations
2.8. List of Distributors
2.9. Key Participants in the Market

3. Global Fresh Onions and Shallots Market Analysis and Forecast By Product Type
3.1. Global Fresh Onions and Shallots Market Size and Forecast By Product Type, 2012-2022
3.1.1. Yellow Onions Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Red Onions Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued………

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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