Global Dry Onion Market 2017: Industry Estimated to Exceed US$ 4,117.3 Mn by 2022-end

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 dry onion market. The study is titled as “Dry Onion 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 dry onion market.

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Dry onion is made by exposing onion to the heat at a very low level and all the moisture is removed to make it dry. The process of drying onion helps to preserve it for a long time. Dry onion is being used in a number of processed food products and non-processed food products like sauces, soups, salads, gravies, meats, seafood, etc. Although dry onions are slightly less pungent as compared to the fresh onion, they still add a great zing to many foods.

According to the latest report by Fact.MR, the global market for dry onion is likely to experience strong growth. The market is projected to reach US$ 4,117.3 million revenue by 2022 end. Drying onions can help to preserve onions for a long time, hence the demand for dry onions in form of powder, flakes, and granules is increasing. Consumers are also using dry onions in place of fresh onions as they are easy to use and also offers health benefits.

3 Forecast Highlights on Global Dry Onion Market

1. Asia Pacific Excluding Japan (APEJ) is expected to dominate the global dry onion market. APEJ dry onion market is estimated to create an incremental opportunity exceeding US$ 400 million between 2017 and 2022. High production of onion in various countries in APEJ is driving the market growth. Moreover, increased production is also resulting in the rise in exports of the dry onion globally, hence boosting the growth in APEJ.

2. Meanwhile, North America dry onion market is also expected to witness healthy growth. By the end of 2022, North America is estimated to exceed US$ 800 million revenue. Increasing demand and use of dry onions in everyday cooking and increasing production of onion powder as an ingredient as some of the factors resulting in the growth of dry onion market in North America.

3. Dry onion in form of flakes is expected to witness impressive growth. Flakes as a dry onion form is estimated to surpass US$ 1,900 million by the end of 2022. Meanwhile, powder form is also expected to show robust growth throughout the forecast period.

Culinary to Witness Strong Growth in the Global Dry Onion Market

Dry onion is likely to witness the largest application in culinary. Witnessing a healthy growth, culinary is projected to reach close to US$ 1,000 million revenue towards 2022 end.

Air Drying to Emerge as the Highly Preferred Drying Process

Among all the other processes used to produce dry onion, air drying process is likely to be the most preferred process. Air drying process is projected to account for more than two-fifth of the revenue share on global revenue by 2017 end. Meanwhile, freeze drying process is also likely to experience steady growth in the next five years.

Dry Onion in Form of Flakes to Gain Maximum Revenue Share

Flakes as one of the forms of dry onion is likely to experience strong growth. Accounting for nearly half of the share in terms of revenue by 2017 end, flakes are projected to bring in nearly US$ 2,000 million revenue. Although, powder form is also anticipated to experience impressive growth during 2017-2022.

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Table of Content:

1. Global Dry Onion Market – Executive Summary

2. Global Dry Onion Market Overview
2.1. Introduction
2.1.1. Global Dry Onion Market Taxonomy
2.1.2. Global Dry Onion Market Definition
2.2. Global Dry Onion Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Dry Onion Market Y-o-Y Growth
2.3. Global Dry Onion Market Dynamics
2.4. Market Opportunities
2.5. Value Chain
2.6. Pricing Analysis
2.7. Product Innovations
2.8. List of Distributors
2.9. Key Participants in the Market

3. Global Dry Onion Market Analysis and Forecast By Form
3.1. Global Dry Onion Market Size and Forecast By Form, 2012-2022
3.1.1. Flakes 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. Powder 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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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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