PUBLISHER: KBV Research | PRODUCT CODE: 1580722
PUBLISHER: KBV Research | PRODUCT CODE: 1580722
The Latin America, Middle East and Africa Tomato Powder Market would witness market growth of 13.2% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 3,048.7 tonnes, showcasing a growth of 11.3% (2024-2031).
Tomato powder is widely used in soups, sauces, and gravies due to its concentrated flavor, nutritional benefits, and convenience. It provides a rich tomato taste and color without the need for fresh tomatoes, making it ideal for quick meal preparation. The demand for tomato powder in these applications is driven by the growing popularity of ready-to-eat meals and convenience foods. Thus, Brazil market is expected to utilize 645.84 tonnes of tomato powder in soups, sauces, and gravies applications by the year 2031.
The Brazil market dominated the LAMEA Tomato Powder Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $75.8 million by 2031. The Argentina market is showcasing a CAGR of 14% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 12.3% during (2024 - 2031).
The reduced cancer rates in the Mediterranean region have been attributed to the diet's abundance of vegetables and fruits, such as tomatoes. The consumption of tomatoes or tomato products is linked to a lower risk of malignancies in numerous epidemiological studies. A case-control study found that a high consumption of tomatoes was associated with protective effects against digestive tract cancers.
Moreover, the most remarkable findings are derived from the US Health Professionals Follow-up Study, which assessed the ingestion of a variety of carotenoids and retinol from a food-frequency questionnaire regarding the risk of prostate cancer. Prostate cancer risk was inversely correlated with the estimated intake of lycopene from a variety of tomato products.
Countries across Latin America, the Middle East, and Africa are embracing tomato powder for its rich flavor, color, and nutritional benefits. Bakery products like breads and savory snacks are key applications. The region's expanding middle class and urbanization trends drive demand for premium, natural ingredients in baked goods. At the same time, the growing infant nutrition industry focuses on clean-label, nutrient-dense formulations that appeal to health-conscious parents.
Based on Product Type, the market is segmented into Conventional and Organic. Based on Application, the market is segmented into Soups, Sauces, & Gravies, Beverage, Sweet & Savory Snacks, Bakery & Confectionery, and Other Applications. Based on Distribution Channel, the market is segmented into Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Online, and Other Distribution Channels. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Tomato Powder Market Report Segmentation
By Product Type (Volume, Tonnes, USD Billion, 2020-2031)
By Application (Volume, Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)