Vegetable Powder Market size is estimated to be USD 4.2 Billion in 2024 and is expected to reach USD 7.8 Billion by 2033 at a CAGR of 7.4% from 2026 to 2033.
The global vegetable powder market was valued at USD 6.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. The growing demand for plant-based foods, the shift towards clean-label products, and the increasing preference for convenient and shelf-stable food ingredients are key drivers for the market's growth. North America dominated the vegetable powder market in 2022, accounting for a market share of 35%. This was largely driven by the rising demand for vegetable-based dietary supplements, convenience foods, and a growing health-conscious population. The Asia Pacific region is expected to witness the highest CAGR during the forecast period, due to increasing awareness about the health benefits of vegetable powders, especially in countries like India and China, where there is significant demand for plant-based products. The market is also benefiting from the growing trend of natural and organic food consumption in these regions.
Europe accounted for a notable share of the vegetable powder market in 2022, with a strong presence in countries such as Germany, France, and the UK. The market in this region is expected to grow steadily due to the increasing adoption of vegetarian and vegan lifestyles, which have led to higher demand for vegetable-based ingredients. Latin America and the Middle East & Africa (MEA) are expected to show moderate growth over the forecast period, with increased focus on plant-based nutrition and dietary supplements contributing to the market's expansion in these regions. Opportunities lie in the development of new vegetable powder formulations that cater to regional tastes and nutritional preferences, as well as innovations in packaging and processing technologies that can enhance the shelf life and usability of vegetable powders.
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CFF GmbH & Co. KG
Pestell Minerals & Ingredients Inc
Mayer Brothers
Marshall Ingredients
Herbafood Ingredients GmbH
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Vegetable Powder Market
Leafy Green Vegetable Powders
Root Vegetable Powders
Fruit Vegetable Powders
Legume Powders
Food and Beverage
Pharmaceuticals
Cosmetics and Personal Care
Nutraceuticals and Dietary Supplements
Animal Feed
Organic Vegetable Powders
Conventional Vegetable Powders
Non-GMO Vegetable Powders
Freeze-Dried Vegetable Powders
Dehydrated Vegetable Powders
Household
Food Manufacturers
Restaurants and Food Service Providers
Health and Wellness Companies
Pet Food Manufacturers
Online Retail
Supermarkets and Hypermarkets
Specialty Stores
Health Food Stores
Direct Sales
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Vegetable Powder Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Vegetable Powder Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Vegetable Powder Market, By Type
6. Global Vegetable Powder Market, By Application
7. Global Vegetable Powder Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Vegetable Powder Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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