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Dehydrated Onions Market expected to reach a valuation of over US$ 1.7 Bn by 2031

DUBAI, DUBAI, UNITED ARAB EMIRATES, January 12, 2022 /EINPresswire.com/ -- The dehydrated onions market is forecast to exhibit steady growth, with its overall valuation reaching US$ 1,061.5 Mn in 2021. As per Future Market Insights, dehydrated onion sales are expected to surge at 5.1% CAGR over the course of the assessment period. As per Future Market Insights (FMI) analysis, the market is expected to reach a valuation of over US$ 1.7 Bn by 2031.

The growth trajectory for the market is likely to remain positive in the foreseeable future, supported by a growing demographic of working women. White onion products will hold dominance accounting for more than 65% of the global market in 2021 on the basis of variety.

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Increasing consumer awareness regarding nutritious diets and improved shelf life of dehydrated food products has escalated the growth of the dehydrated onions market globally during 2016-20 with a CAGR 3.7%, which is further expected to rise at a CAGR of 5.1% during the forecast period of 2021-31.

Dehydrated onions have a number of health benefits including treatments for cough and cold, reducing the risk of cancer, and diabetes management. These benefits will drive sales prospects for the foreseeable future.

Also, the higher shelf life of dehydrated vegetables allows for logistical benefits. The dehydrated onions market is growing directly in proportion to the growth of dehydrated vegetables as a result of the various advantages of dehydration technology.

The demand for dehydrated onions is surging due to improvements in technologies utilized in the production of dehydrated food. Technologies such as vacuum and air-dried processes support production, and distribution are increasingly adopted, which will bode well for the market. Also, regulatory approvals have been creating growth opportunities for dehydrated onion manufacturers.

“Onions, despite being one of the most commonly consumed vegetables in the world, have restrictions in terms of shelf life. On the other hand, dehydrated onions can be stored for longer time and have wider scope of applications, which in turn is propelling the growth of the dehydrated onions market,” said a lead analyst at FMI.

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Key Takeaways from the Dehydrated Onions Market Study
• The U.S. dehydrated onions market will grow from US$ 319 Mn in 2021 to US$ 478.2 Mn in 2031. This represents an absolute $ opportunity of US$ 159.2 Mn in the forecast period.
• Conventional dehydrated onions account for 87% of the market in 2021, supported by lower costs and easier access to required volumes of raw materials.
• White dehydrated onions will grow at a CAGR of 4.9% from 2021 to 2031, driven by higher crop and processing yields.
• The U.K. will emerge as a leading market in Europe, accounting for more than US$ 44 million in 2021, aided by strong demand from the food processing sector of the country.
• GCC countries will remain major contributors to the MEA market with a share of 39.3% in 2021, supported by relatively high export levels.

Key Drivers
• Growing awareness regarding the health benefits associated with the consumption of dehydrated onions such as reducing the risk of cancer and cure for cold is driving the sales.
• Increasing number of working women across the globe is fueling the demand for dehydrated vegetables including onions.
• Suring demand for quick, delectable, and inexpensive food products to complement the fast-paced lifestyles is boosting the market growth.
• Rising applications of dehydrated onions in the production of ready-to-eat meals are bolstering product sales.

Key Restraints
• Rising health concerns and awareness regarding the consumption of fresh food are restraining market growth.
• High demand for fresh onions compared to dehydrated ones is hampering the growth of the market.
• The outbreak of coronavirus has resulted in depleting the sales of dehydrated onions due to disruption in the supply chain amid lockdown.

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Competitive Landscape
Leading manufacturers in the moderately fragmented dehydrated onions market are focusing on capacity expansion, investments into strategic geographic expansion and infrastructure developments for product processing applications.
Some of the leading companies offering dehydrated onions are Olam International, Jain Farm Fresh Foods Ltd, Daksh Foods Pvt. Ltd., Jiyan Food Ingredients, Natural Dehydrated Vegetables Pvt. Ltd., Real Dehydrates Pvt. Ltd., Earth Expo Company, Kisan Foods, Harmony House Foods, Inc. Company, Silva International Inc. Company, Green Rootz, BC Foods Inc., Suszarnia Warzyw Jaworski Sp. J., Pardes Dehydration Company, Murtuza Foods Pvt. Ltd., Darshan Foods Pvt. Ltd., Garon Dehydrates Private Limited, Rocky Mountain Spice Company, R. J. Van Drunen & Sons, Inc., German Foods and other.

About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.

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Debashish Roy
Future Market Insights
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