Tomato Ketchup Market Analysis and Size
In the coming years, demand for tomato ketchup will most likely be driven by a shift in customer preference for packaged convenience meals for cooking. Furthermore, the item’s increasing use in a variety of food processing industries, such as bakery goods and beverages, is expected to drive the global tomato ketchup market forward.
Tomato ketchup market was valued at USD 11.851 billion in 2021 and is expected to reach the value of USD 19.61 billion by 2029, at a CAGR of 6.50% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behavior.
Tomato Ketchup Market Dynamics
- widespread presence of fast-food joints and quick service restaurants
- Growing need for organic ketchups due to growing prevalence of chronic diseases
Opportunity
Different tomato ketchup contains different nutrients and can drive market growth by providing a variety of options. Tomato ketchups are also a less expensive alternative to fresh tomato, providing a boost to market development.
The growing popularity of organic foods among health-conscious consumers is expected to fuel the organic tomato ketchup market. Furthermore, numerous types of tomato ketchup available in the market will expand the scope in the coming years.
The Major Tomato Producing States in India
- Andhra Pradesh
- Madhya Pradesh
- Karnataka
- Gujarat
- Bihar
- Odisha
- West Bengal
- Telangana
- Chhattisgarh
- Haryana
- Tamil Nadu
- Uttar Pradesh
- Maharashtra
Also Read This: A Detailed Report On Cocoa Powder Import-Export
Export Destinations
- NICARAGUA
- BELGIUM
- UNITED STATES
- PARAGUAY
- HONDURAS
- CANADA
- UNITED KINGDOM
- URUGUAY
- NETHERLANDS
- PHILIPPINES
Companies Importing Tomato Ketchup
- UNILEVER DE CENTROAMERICA NICARAGUA SA
- LIDL STIFTUNG AND CO KG
- UNILEVER DE CENTROAMERICA HONDURAS SA
- COLIMPO LTD
- INTERNATIONAL HOUSE OF SPICES INC
- NESTLE UK LTD
- AHOLD EUROPEAN SOURCING BV AES BV
- ZENITH FOODS CORPORATION
- HOUSE OF THREADSJAX