Published on: December 11, 2019
Onions come in a number of different varieties, including yellow, red, and white onions, as well as different formats such as fresh, powdered, and dehydrated. They are a very popular cooking ingredient in countries around the world, meaning there is a large market for them globally, and along with private households they are used in the food processing, retail, and foodservice sectors.
Stakeholders in the onion market include farmers, processors, retailers, and consumers, each with their own considerations and requirements. Factors such as population growth, urbanization, and the increasing demand for healthy and convenient food options are driving the growth of the onion market.
The growing popularity of plant-based diets, including keto diets, have increased the demand for onions and other vegetables. Technological innovations in onion production, storage, and processing are improving efficiency, cutting down on waste, reducing costs, and extending shelf life in the onion market.
Changing consumer preferences towards healthier and sustainable food choices are helping drive the market, and regulatory support for sustainable agricultural practices is making it easier for onion producers to cater to those preferences. Increasing awareness of the health benefits of onions, such as their antioxidant properties, is also driving onion production and consumption globally.
Supply chain disruptions can impact the supply of onions as well as their prices, particularly in regions with infrastructure limitations or policy uncertainties. Fluctuations in onion prices due to factors such as weather conditions and market volatility pose challenges for both producers and consumers. Addressing post-harvest losses and wastage through efficient preservation methods is also a challenge for the industry.
Technavio’s market research on this industry provides a detailed analysis of the market landscape, providing data on product types, regional markets, sales channels, and more.
Our onions market segmentation covers topics such as:
APAC is estimated to contribute significantly to the growth of the global market over the next several years. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
APAC is the largest geographical segment of the global market and will continue to remain the largest segment during the forecast period owing to the growing disposable income of the population in the region and growing awareness regarding the health benefits of the consumption of fresh products. China and India are the largest markets in APAC.
Technavio's onion industry reports monitor the leading players in the global market along with their current and forecasted market share. Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. Our analysis covers regional and global companies.
In order to provide you with a comprehensive view of the onions industry, our experts analyze the market from many different perspectives. Our reports help identify opportunities, risks, key competitors, and more, helping you make timely, informed decisions to optimize your position in the market.
Technavio reports insights include:
1.How do I identify key trends in the onions market?
Technavio’s market research reports provide an analysis of current trends and how they are affecting the market. We also identify market drivers and challenges to help you discover opportunities and avoid pitfalls.
2.How do I decide which segments of the onions market to focus on?
Every Technavio report includes detailed segmentation insights, breaking down the market in terms of product type, geography, sales channels, and more. And if you’re looking for something a little more specific, our Custom Research Solutions can tailor any report to meet your unique needs.
3.Who are the major players in the onions market?
We provide detailed profiles on the biggest competitors in the market, including data such as business divisions, product offerings, and news. Our reports also include an overview of the competitive landscape as a whole, including the risks and opportunities that it presents.
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