Onion powder is ground and dehydrated form of fresh onions which contains almost same amount of nutrients and health benefits as onions, such as dietary fibers, manganese, calcium, vitamin C, various antioxidants, improved glucose tolerance, and possible anti-cancer effects. Some of the primary advantages of dehydrated onions are that they are easy to store, lighter in weight and smaller in bulk than fresh or other processed onions. During 2014-2018, the global onion powder market grew at a CAGR of around 6%. The market is currently being driven by a growing demand for convenience foods, urbanization, per capita income levels and consumer preferences for healthier products. This report by Expert Market Research, entitled “Onion Powder Market Report and Forecast 2019 – 2024”, provides a comprehensive analysis for anyone who plans to foray into the onion powder market.
Historical market trends for the onion powder industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global dehydrated onion market into the following regions – Asia Pacific, North America, Europe and the Middle East and Africa. Asia pacific currently represents the largest market. Within Asia Pacific – China and India currently represent the biggest markets.
The value chain analysis of onion powder, encompassing all the activities such as procurement, manufacturing, sales and distribution, has also been covered in this report. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the onion powder industry has also been provided. Some of the key players operating in this market include: Sensient, Vegenat, STL, JISL and Sodeleg.
This report provides an exhaustive insight for setting-up and running an onion powder manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global onion powder market?
- Which are the biggest markets (regions) for onion powder?
- What are the key application areas for onion powder?
- Who are the key manufacturers in the onion powder market?
- What are the land and construction requirements to start an onion powder manufacturing plant?
- What are the machinery requirements to start an onion powder manufacturing plant?
- How is onion powder priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start an onion powder manufacturing plant?
- What are the running costs of an onion powder manufacturing plant?
- How much revenue can an onion powder manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the onion powder industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.