Global Dehydrated Vegetable Powders Market Size, Share, and COVID-19 Impact By Product Type (Carrot Powder, Tomato Powder, Spinach Powder, Beetroot Powder, and Others), By Application (Food and Beverages, Nutraceuticals, Pharmaceuticals, and Others), By Distribution Channel (Online Stores, Supermarkets/Hypermarkets, Specialty Stores, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: AgricultureGlobal Dehydrated Vegetable Powders Market Insights Forecasts to 2033
- The Global Dehydrated Vegetable Powders Market Size was Estimated at USD 1.374 Billion in 2023
- The Market Size is Expected to Grow at a CAGR of around 9.16% from 2023 to 2033
- The Worldwide Dehydrated Vegetable Powders Market Size is Expected to Reach USD 3.3 Billion by 2033
- Asia Pacific is Expected to Grow the fastest during the forecast period.
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The global dehydrated vegetable powders market was size worth around USD 1.374 billion in 2023 and is predicted to grow to around USD 3.3 billion by 2033 with a compound annual growth rate (CAGR) of 9.16% between 2023 and 2033. The market is driven by a variety of factors, such as rising consumer demand for healthy and convenient foods, as well as improvement in food processing technologies that guarantee the retention of nutritional value.
Market Overview
The dehydrated vegetable powders market refers to industrial refined products produced by dehydrating the water content from fresh vegetables using some drying methods such as air drying, freeze drying, or spray drying. The dehydrated vegetables are then ground into a fine powder. The market for dehydrated vegetable powders is increasing awareness regarding the health benefits of vegetable consumption. As more and more consumers turn to a health-conscious diet, there is a growing demand for healthy and convenient food products. Furthermore, the mounting requirements for natural and organic products are that customers are becoming increasingly health-aware and are actively looking for products that contain no artificial additives and preservatives. Firms that can provide certified organic products and emphasize their health advantages are likely to achieve a competitive advantage in the marketplace. In addition, the increasing popularity of clean-label products, which are based on transparency and simplicity in formulation, is also likely to provide new avenues for dehydrated vegetable powders. Moreover, ongoing developments in dehydrated vegetable powders technology, including the creation of better drying methods and equipment, have the potential to unlock new avenues for making high-quality vegetable powders. Companies can take advantage of these developments to upgrade their product lines and fulfill customer needs.
Report Coverage
This research report categorizes the dehydrated vegetable powders market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the dehydrated vegetable powders Market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the dehydrated vegetable powders market.
Global Dehydrated Vegetable Powders Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 1.374 Billion |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 9.16% |
2033 Value Projection: | USD 3.3 Billion |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 260 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Product Type, By Application, By Distribution Channel, By Region |
Companies covered:: | Kanegrade Ltd., FutureCeuticals Inc., Harmony House Foods Inc., Van Drunen Farms, Green Rootz, Garlico Industries Ltd., Silva International Inc., European Freeze Dry, Jain Irrigation Systems Ltd., Symrise AG, Mercer Foods, LLC, Olam International Limited, Natural Dehydrated Vegetables Pvt. Ltd., BCFoods Inc., Real Dehydrated Pvt. Ltd., and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The dehydrated vegetable powders market is driven by some major trends. The key drivers for the dehydrated vegetable powders market are the rising need for convenience foods and health and wellness awareness. With busy lifestyles and eating on the go, consumers are looking for healthy yet convenient alternatives to fresh vegetables. Additionally, dehydrated vegetable powders offer a convenient solution by offering a longer shelf life and convenience without sacrificing the nutritional content. As per the Food and Agriculture Organization (FAO), world food consumption of processed food is anticipated to grow by 6% every year, thereby fueling the demand for the same. Moreover, the trend of adding plant-based ingredients to food items has added to the market growth. Dehydrated vegetable powders are a good source of vitamins, minerals, and dietary fibers and thus a good ingredient in several health-oriented food products like smoothies, soups, sauces, and snack foods. The powders also meet the growing demand for vegan, vegetarian, and gluten-free diets since they offer a convenient means of enriching the nutritional content of meals without using fresh vegetables.
Restraining Factors
The dehydrated vegetable powders market encounters certain difficulties that would restrain its development. The main restraining factor is the prohibitive cost of production incurred in the dehydration process. The energy-driven nature of the dehydration process and the requirement of sophisticated technology to maintain the nutrient value of vegetables may drive up the cost of production. This, in its turn, may make dehydrated vegetable powders expensive and, therefore, less affordable and accessible to some consumers.
Market Segmentation
The dehydrated vegetable powders market share is classified into product type, application, and distribution channels.
- The carrot powder segment held the largest share of the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on product type, the dehydrated vegetable powders market is segmented into carrot powder, tomato powder, spinach powder, beetroot powder, and others. Among these, the carrot powder segment held the largest share of the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to the extensive price for its high beta-carotene value, and as a result, widely used as an ingredient in health supplements and infant foods. Moreover, the growing recognition of the health advantages of beta-carotene, such as improving vision and strengthening the immune system, is set to fuel demand for carrot powder.
- The food and beverages segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on application, the global dehydrated vegetable powders market is divided into food and beverages, nutraceuticals, pharmaceuticals, and others. Among these, the food and beverages segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by the extensive use of vegetable powders in different food applications. Furthermore, the powders are applied to increase the flavor, color, and nutritional content of a broad variety of products, such as soups, sauces, prepared meals, snacks, and drinks.
- The supermarkets/hypermarkets segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on distribution channels, the global dehydrated vegetable powders market is categorized into online stores, supermarkets/hypermarkets, specialty stores, and others. Among these, the supermarkets/hypermarkets segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's growth is attributed mainly to these stores providing a variety of products, such as various brands and types of vegetable powders, making it easy for consumers to compare and make an informed buying decision. In addition, the growing consumer demand for destination shopping malls is likely to further drive the growth of this segment.
Regional Segment Analysis of the Dehydrated Vegetable Powders Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the dehydrated vegetable powders market over the predicted timeframe.
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North America is anticipated to hold the largest share of the dehydrated vegetable powders market over the predicted period. The dominance is due to high consumer knowledge regarding the health benefits of vegetable powders and the existence of a health-oriented population. Moreover, the established food and nutraceutical industries in the United States and Canada propel the demand for dehydrated vegetable powders.
Asia-Pacific is expected to grow rapidly in the dehydrated vegetable powders market during the forecast period. The market in the region is driven by increased disposable incomes, shifting food consumption patterns, and the intensive growth of the food processing sector. Moreover, the growing middle-class population and the rising adoption of Western food habits are anticipated to drive the market growth.
Competitive Analysis:
The report offers an appropriate analysis of the key organization markets/companies involved within the dehydrated vegetable powders market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, business strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Kanegrade Ltd.
- FutureCeuticals Inc.
- Harmony House Foods Inc.
- Van Drunen Farms
- Green Rootz
- Garlico Industries Ltd.
- Silva International Inc.
- European Freeze Dry
- Jain Irrigation Systems Ltd.
- Symrise AG
- Mercer Foods, LLC
- Olam International Limited
- Natural Dehydrated Vegetables Pvt. Ltd.
- BCFoods Inc.
- Real Dehydrated Pvt. Ltd.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the dehydrated vegetable powders market based on the below-mentioned:
Global Dehydrated Vegetable Powders Market, By Product Type
- Carrot Powder
- Tomato Powder
- Spinach Powder
- Beetroot Powder
- Others
Global Dehydrated Vegetable Powders Market, By Application
- Food and Beverages
- Nutraceuticals
- Pharmaceuticals
- Others
Global Dehydrated Vegetable Powders Market, By Distribution Channel
- Online Stores
- Supermarkets/Hypermarkets
- Specialty Stores
- Others
Global Dehydrated Vegetable Powders Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the dehydrated vegetable powders market over the forecast period?The global dehydrated vegetable powders market is projected to expand at a CAGR of 9.16% during the forecast period.
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2. What is the market size of the dehydrated vegetable powders market?The global dehydrated vegetable powders market size is expected to grow from USD 1.374 billion in 2023 to USD 3.3 billion by 2033, at a CAGR of 9.16% during the forecast period 2023-2033.
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