Vegetable Flakes & Granules Market

Vegetable Flakes & Granules Market Size, Share, Growth Analysis, By Type Outlook(Onion, Tomato), By Application Outlook(Instant soups, Pasta & noodles), By End-User Outlook(Food manufacturing industry, Food service & retail), By Region(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG30I2309 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Vegetable Flakes & Granules Market Insights

Market Overview:

In 2022, the global market for vegetable flakes and granules reached a total worth of USD 17.05 billion, and it is anticipated to exhibit a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. Key drivers of this growth encompass the increasing popularity of prepared meals and processed foods, the extended shelf-life benefits associated with dried vegetable flakes, and evolving dietary habits driven by the busy lifestyles of consumers. Nonetheless, the elevated expenses associated with raw materials and processing pose a constraint on the market. Vegetable flakes and granules serve as valuable additives, enhancing the flavor of instant soups, dips, dressings, sauces, and convenience foods.

Vegetable Flakes & Granules Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Packaged Foods & Meats by segment aggregation, the contribution of the Packaged Foods & Meats in Food, Beverage & Tobacco and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Vegetable Flakes & Granules was estimated to be valued at US$ XX Mn in 2021.

The Vegetable Flakes & Granules Market is estimated to grow at a CAGR of XX% by 2028.

The Vegetable Flakes & Granules Market is segmented on the basis of Type Outlook, Application Outlook, End-User Outlook, Region.

Based on region, the Vegetable Flakes & Granules Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Vegetable Flakes & Granules Market are , ITC Limited , California Sun Dry Foods , Mercer Foods, LLC , Sensient Technologies , Bella Sun Luci , Van Drunen Farms , European Freeze Dry , BCFoods , Harmony House Foods, Inc. , Mevive International.

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Vegetable Flakes & Granules Market

Product ID: UCMIG30I2309

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