Market - - Oct 13,2017
As per active research statistics, the market for dry onion on the global scale is estimated to register 6.4% CAGR during the period 2017-2022.
Dry onion is produced by removing the moisture from the onion. This variety is gaining traction among consumers and the demand is quite significant from food chains and restaurants. One of the prime reasons for its popularity is due to its easy-to-preserve nature that can be extended for a longer duration.p
It has been analyzed that, consumers are shifting from using fresh onions to dry onions due to its varied health benefits. Dry onions offer potassium, calcium, and magnesium. Moreover, the presence of less fat, calories, and sodium makes it’s a preferred choice. Hence, the market for dry onion on the global scenario is estimated to register growth at 6.4% CAGR during the period 2017-2022.
Global food processing industries are supporting the use of adding dry onions in various delicacies. This is primarily because fresh onions are seasonal in some countries, and the availability of dry onion is proving economical as well as effective even during off-seasons. Looking at the geographical reach of dry onions, the Asia Pacific Excluding Japan (APEJ) region is likely to dominate the concerned market. As per statistics, the dry onion market in this region is projected to create an incremental opportunity surpassing US$ 400 million between 2017 and 2022.
The presence of active manufacturers in the global dry onion market is another reason for its steady growth. Some of the renowned companies include Murtuza Foods Pvt. Ltd, Cascade Specialties Inc., Kings Dehydrated Foods Pvt. Ltd, Vibrant Dehydro Foods Pvt. Ltd, Pardes Dehydration and Daksh Foods.
For more information on this report visit- https://www.factmr.com/report/294/dry-onion-market