Global Onion Powder Market to Reach USD 2.61 Billion by 2035

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

The global onion powder market is projected to grow from USD 1.34 billion in 2025 to USD 2.61 billion by 2035, at a compound annual growth rate of 6.2%, according to a new report by Custom Market Insights. The market is expected to reach USD 1.43 billion in 2026. Growth is driven by rising demand for convenient, shelf-stable ingredients in food processing, the popularity of natural flavor additives, and expanding use in ready-to-eat meals and snacks. North America currently leads the market, while the Asia Pacific region is forecast to experience the fastest growth due to high onion production in countries like India and China, increasing urbanization, and greater adoption of processed foods. Key players include McCormick & Company, Olam International, and Sensient Technologies.

Impact on stocks 2

Consumer Staples · 1 stocks
McCormick & Company Incorporated
MKC
▲ PositiveDemandrelevance

Market growth driven by rising demand for onion powder in food processing and ready-to-eat meals, benefiting McCormick as a key player.

Materials · 1 stocks
Sensient Technologies Corporation
SXT
▲ PositiveDemandrelevance

Market growth driven by rising demand for onion powder in food processing and ready-to-eat meals, benefiting Sensient as a key player.

Off-coverage companies 1

Olam GroupPrivate▲ Positive
Demandrelevance

Market growth driven by rising demand for onion powder in food processing and ready-to-eat meals, benefiting Olam as a key player.