Vegetable Flake and Granules Market Size Worth $ 29.16 Billion By 2032 | CAGR: 5.3%

Vegetable Flake and Granules Market Size Worth $ 29.16 Billion By 2032 | CAGR: 5.3%


The global vegetable flake and granules market size is expected to reach USD 29.16 billion by 2032, according to a new study by Polaris Market Research. The report “Vegetable Flakes and Granules Market Share, Size, Trends, Industry Analysis Report, By Type (Onion, Tomato, Potato, Carrot, Bell Peppers and Herbs, Others), By Application, By End-user, By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growing preference for convenience food and ready mixes, the changing lifestyles of consumers, and the need to prolong the shelf life of vegetables for extended storage. Advancements in drying technologies have facilitated the production of vegetable flakes and granules through efficient dehydration methods. The market has witnessed a surge in demand due to the rising popularity of ready-to-cook & ready-to-eat food options. Consumers seek products with longer shelf life, which aligns with their busy schedules and fast-paced lifestyles, particularly in emerging economies. As a result, there is a significant market demand for vegetable flakes and granules across various applications, including instant soups and packaged food items.

The rising trend of urbanization, along with factors like hectic lifestyles and higher disposable income, has resulted in an increased demand for healthy snack options. This shift in consumer preferences is expected to drive the demand for vegetable flakes, particularly among busy working individuals. The convenience and nutritional benefits of vegetable flakes make them an attractive choice for those with limited time for meal preparation. The growing popularity of ready-to-eat meals has also contributed to the surge in demand for vegetable flakes in the food industry. These flakes, obtained through drying techniques, preserve vegetables for an extended period while retaining their original taste and nutritional properties. This makes them an ideal ingredient for ready-to-eat meals prioritizing convenience and long shelf life.

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The food industry faces challenges related to the availability and cost of fresh vegetables, which can fluctuate due to various factors. There has been a growing adoption of drying techniques to preserve vegetables in flakes and granules to address this issue. These dried vegetable flakes offer an extended shelf life compared to fresh vegetables, allowing for long-term storage and utilization. By processing vegetables into flakes and granules, their seasonal availability can be overcome, ensuring a consistent supply throughout the year. This preservation method helps to maintain the flavor, nutritional content, and overall quality of the vegetables.

In the food service industry, vegetable flakes and granules find significant use in curried preparations. These dried vegetable forms provide a convenient and efficient way to incorporate the desired flavors and textures into curries, enhancing the taste and appeal of the final dish. The availability of vegetable flakes and granules simplifies kitchen operations in food service outlets, reducing the preparation time and effort required to handle fresh vegetables.

Vegetable Flake and Granules Market Report Highlights

  • Tomato segment held the majority market share, as they are highly perishable item and is used in several food options
  • APAC projected to grow at the fastest rate, as there is huge untapped population seeking varied ready to eat options
  • The global key market players include European Freeze Dry, BCFoods, ITC Limited, Sensient Technologies, Van Drunen Farms, Harmony House Foods, and Mevive International

Polaris Market Research has segmented the vegetable flake and granules market report based on type, application, end use, and region:

Vegetable Flake and Granules, Type Outlook (Revenue - USD Billion, 2023 - 2032)

  • Onion
  • Tomato
  • Potato
  • Carrot
  • Bell peppers and herbs
  • Others

Vegetable Flake and Granules, Application Outlook (Revenue - USD Billion, 2023 - 2032)

  • Instant soups
  • Pasta & noodles
  • Baked items
  • Ready to eat products
  • Spices & seasoning mixes
  • Others

Vegetable Flake and Granules, End Use Outlook (Revenue - USD Billion, 2023 - 2032)

  • Food manufacturing industry
  • Food service & retail

Vegetable Flake and Granules, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

 

Vegetable Flakes and Granules Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 18.27 billion

Revenue forecast in 2032

USD 29.16 billion

CAGR

5.3% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Type, By Application, By End Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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