The onion powder market share is expected to increase to 18309.17 metric tons from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.4%.
The report extensively covers onion powder market segmentations by the following:
- Distribution channel - Offline and online
- Geography - APAC, North America, Middle East and Africa, Europe, and South America
The onion powder market report offers information on several market vendors, including BCFoods Europe B.V., Henan Sunny Foodstuff Co. Ltd., Kings Dehydrated Foods Pvt. Ltd., Linyui Wonderful Food Co. Ltd., McCormick and Co. Inc., Natural Dehydrated Vegetables Pvt. Ltd., Oceanic Foods Ltd., Pardes Dehydration Co., Qingdao UnisonEco Food Technology Co. Ltd., Rockerbox LLC, Sodeleg, V.T. Foods Pvt. Ltd., and Virdhara International among others.
This onion powder market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.
What will the Onion Powder Market Size be During the Forecast Period?
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Onion Powder Market: Key Drivers, Trends, and Challenges
The volatile prices of onions is notably driving the onion powder market growth, although factors such as stringent regulations in the food and beverage industry may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the onion powder industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Onion Powder Market Driver
The volatile prices of onions is one of the key drivers fueling the onion powder market growth. The prices of onions keep fluctuating depending on their availability and the prices required in making different food. Moreover, any increase in the prices of onions not only increases the costs of manufacturing different food products but also reduces the profit margins for sellers of these food products. This makes onion analysis marketing difficult for key vendors. This becomes a challenge for food manufacturers to introduce new product varieties with special or unique ingredients that enrich the taste of the food items because rising food product prices affect the buying decisions of consumers, which ultimately affects sales volumes and the growth of the market. Thus, these factors will propel the growth of the global onion powder market during the forecast period.
Key Onion Powder Market Trend
The rising consumption of RTE food products is one of the key onion powder market trends supporting market growth. The rise in the number of dual-income households and hectic lifestyles is leading to an increased demand for ready-to-cook and RTE food. Furthermore, following the outbreak of the COVID-19 pandemic in 2020, there was a massive increase in the demand for RTE food products as most individuals were working remotely as countries globally were under lockdowns. For instance, n 2020, one of India's online grocery stores, Blinkit (formerly Grofers), reported a 17% increase in sales in the RTE category, a 31% increase in sales of readymade meals and mixes, and a 41% increase in sales of frozen food, indicating a sudden consumer shift from home-cooked food to RTE food products. Thus, it can be predicted that this shift in consumer behavior will significantly boost the growth of the global onion powder market during the forecast period.
Key Onion Powder Market Challenge
Stringent regulations in the food and beverage industry is one of the key factors challenging the onion powder market growth. There are several regulations that exist in the market to ensure food product safety. For instance, in the US, all domestic and international canned food manufacturers need to register their processing plants with the Food and Drug Administration (FDA). The US FDA ensures the protection of consumers against impure, unsafe, and fraudulently labeled food products. Such regulatory controls lead to stringent regulatory processes for new vendors that wish to enter the market as well as for existing vendors that operate in the market. Therefore, stringent regulations can act as a challenge to the growth of the online powder market during the forecast period.
This onion powder market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Who are the Major Onion Powder Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- BCFoods Europe B.V.
- Henan Sunny Foodstuff Co. Ltd.
- Kings Dehydrated Foods Pvt. Ltd.
- Linyui Wonderful Food Co. Ltd.
- McCormick and Co. Inc.
- Natural Dehydrated Vegetables Pvt. Ltd.
- Oceanic Foods Ltd.
- Pardes Dehydration Co.
- Qingdao UnisonEco Food Technology Co. Ltd.
- Rockerbox LLC
- Sodeleg
- V.T. Foods Pvt. Ltd.
- Virdhara International
This statistical study of the onion powder market encompasses successful business strategies deployed by the key vendors. The onion powder market is fragmented and the vendors are deploying growth strategies such as quality to compete in the market.
Product Insights and News
- Hnsunnyfood.com - The company offers onion powders such as white onion powders.
- Wonderfulfood.cn - The company offers yellow onion powder.
- Mccormickcorporation.com - The company offers onion powders namely McCormick onion powder.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The onion powder market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Onion Powder Market?
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42% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for the onion powder market in APAC. Market growth in this region will be faster than the growth of the market in Middle East and Africa.
The increasing preference among consumers for RTE food over dining out will facilitate the onion powder market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 adversely affected the growth of the market, owing to the implementation of stringent lockdown measures and social distancing norms. However, the initiation of mass COVID-19 vaccination drives from Q4 2020, the slow recovery of economies from the COVID-19 crisis, and the complete resumption of import-export activities are expected to propel the growth of the onion powder market during the forecast period.
What are the Revenue-generating Distribution Channel Segments in the Onion Powder Market?
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The onion powder market share growth by the offline segment will be significant during the forecast period. Industrial and commercial end-users of onion powder prefer the offline distribution channel due to their highly customized and bulk product requirements. Moreover, offline retailers improve the visibility of onion powder products by offering a wide portfolio of branded onion powder. Thus, the demand for these products is increasing with the strong geographical presence of offline retailers, which is expected to drive the growth of the offline segment during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the onion powder market size and actionable market insights on post COVID-19 impact on each segment.
Parent Market Analysis
Technavio categorizes the global onion powder market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the onion powder market during the forecast period.
Onion Powder Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the onion powder market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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Onion Powder Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.4% |
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Market growth 2022-2026 |
18309.17 MT |
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Market structure |
Fragmented |
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YoY growth (%) |
3.25 |
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Regional analysis |
APAC, North America, Middle East and Africa, Europe, and South America |
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Performing market contribution |
APAC at 42% |
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Key consumer countries |
US, Egypt, China, India, and Russia |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
BCFoods Europe B.V., Henan Sunny Foodstuff Co. Ltd., Kings Dehydrated Foods Pvt. Ltd., Linyui Wonderful Food Co. Ltd., McCormick and Co. Inc., Natural Dehydrated Vegetables Pvt. Ltd., Oceanic Foods Ltd., Pardes Dehydration Co., Qingdao UnisonEco Food Technology Co. Ltd., Rockerbox LLC, Sodeleg, V.T. Foods Pvt. Ltd., and Virdhara International |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Onion Powder Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive onion powder market growth during the next five years
- Precise estimation of the onion powder market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the onion powder industry across APAC, North America, Middle East and Africa, Europe, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of onion powder market vendors
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