According to a new report by Expert Market Research titled, “Spray Dried Vegetable Powder Global Market Size, Share, Report and Forecast 2023-2028″, the global spray dried vegetable powder market size is projected to grow at a CAGR of 4.8% between 2023 and 2028. Aided by the rising demand for natural and convenient food ingredients and rising preference for healthier alternatives, the market is expected to grow significantly by 2028.
Spray dried vegetable powder is derived from fresh vegetables that undergo the process of spray drying to remove moisture while preserving the nutritional content and flavours. These powders are extensively used as ingredients in various food products like soups, sauces, bakery products, and ready meals, thanks to their long shelf life, ease of storage and transport, and nutritional value.
The mounting consumer preference for natural and convenience food products is a key driver of the global spray dried vegetable powder market growth. With an increasing awareness of the health benefits associated with vegetable consumption, there’s been a substantial shift towards incorporating vegetables in various forms into diets, leading to a surge in demand for spray dried vegetable powders.
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Moreover, the escalating trend towards quick and easy meal preparation has significantly contributed to the rising popularity of spray dried vegetable powders, thus propelling the spray dried vegetable powder market development. Given their convenience, these powders are a favoured ingredient among consumers and food manufacturers alike, offering a simple and efficient means to infuse meals with vegetable nutrients and flavours.
The broadening applications of spray dried vegetable powder in various industries also significantly contribute to the spray dried vegetable powder market development. In the food industry, these powders are used as natural colouring and flavouring agents, thickeners, and nutrition boosters. The pharmaceutical industry uses them as a source of concentrated vegetable nutrition in dietary supplements. The cosmetics industry also leverages the antioxidant and anti-inflammatory properties of these powders in various skincare products.
Additionally, the burgeoning demand for plant-based alternatives in the food and beverage industry has triggered an increased emphasis on spray dried vegetable powder as an essential ingredient. With the rising trends of vegetarianism and veganism and the escalating popularity of plant-based diets, these powders have become critical in the formulation of meat substitutes, dairy-free alternatives, and other plant-based food products, thereby fuelling the spray dried vegetable powder market expansion.
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Market Segmentation
The market can be divided based on vegetable, function, end use, and region.
Market Breakup by Vegetable
• Onion
• Tomato
• Potato
• Beans
• Corn
• Mushroom
• Others
Market Breakup by Function
• Thickener
• Flavour Enhancer
• Meat Tenderiser
• Nutritional Enrichment
Market Breakup by End Use
• Food Processing Industry
• Retail
• HoReCa
• Others
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global spray dried vegetable powder companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• Kanegrade Ltd.
• Green Rootz
• BSR Foods
• Pascunt International
• Aarkay Food Products Ltd
• Others
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