Market Forecast By Product Type (Sauces, Paste, Canned Tomatoes, Ketchup, Juice, Others), By Distribution Channel (Business to Business, Retail Market) And Competitive Landscape
Product Code: ETC225204 | Publication Date: Aug 2022 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | India Tomato Processing Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 5.36% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Product Type, By Distribution Channel |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
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India Tomato Processing Market report thoroughly covers the market by product, by product type, and distribution channel. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The India Tomato Processing Market has been growing and it is being driven by growing demand for processed tomato products such as ketchup, puree, and paste. The popularity of fast food and ready-to-eat meals is also contributing to the growth of tomato processing market. In addition, the increasing use of tomatoes in the pharmaceutical and cosmetic industries is also fuelling the market development.
According to 6Wresearch, the India Tomato Processing Market size is projected to rise higher at a CAGR of 5.36% during 2023–2029. The market in the country has become a significant market and it will attain more growth in the years to come. The market in the country has been accomplishing substantial transformation and growth. India is one of the prominent producers of tomatoes across the globe, and the processing industry has been attaining momentum on the back of the several factors. The growing demand for processed tomato products like puree, paste, ketchup, as well as sauces, both domestically and in the international sector, has been a key driver for this major growth. In addition, advancements in technology and enhanced processing techniques have improved the efficiency and quality of tomato processing in the nation. The presence of several small and large-scale processing units, along with government policies as well as subsidies, has motivated investment in this market. Moreover, the rising awareness of the health benefits linked with processed tomato products has also stimulated their consumption. However, the market is challenged by the fluctuation in tomato prices due to weather conditions and disease outbreaks. Additionally, the high cost of processing equipment and raw materials is another major constraint that hampers the market. Additionally, lack of cold storage facilities and transportation infrastructure in some regions also limits the market growth to a great extent. These challenges can impact the India Tomato Processing Market Growth.
The COVID-19 pandemic affected the supply chains worldwide, including in India. Lockdowns, labor shortages, and restrictions on movement, affected the production as well as distribution of tomatoes. There was a key drop in demand for tomato products from food service market with hotels, catering services, and restaurants confronting closures owing to the social distancing measures and lockdowns. This significantly affected the Tomato Processing Market in India. The COVID-19 pandemic led to changes in the behavior of consumers, including increased demand for processed and packaged foods. Pandemic did not just affect the Tomato Processing Market in India, but it also affected the Asia Pacific Tomato Processing Market.
One of the leading players in the Indian tomato processing market is Kagome India Private Limited. With a strong presence in the country, Kagome is known for its high-quality tomato-based products and has established itself as a reliable supplier for both domestic and international markets. FieldFresh Foods Pvt. Ltd., a joint venture between Bharti Enterprises and Del Monte Pacific Limited, is another prominent player. They have made a mark in the industry with their range of tomato-based products, including ketchup, sauces, and canned tomatoes. Cremica Food Industries Ltd. is a well-known name in the Indian food processing sector, and their tomato-based products have gained popularity for their taste and quality. Cremica offers a diverse range of condiments and sauces, including tomato ketchup, which is a staple in many households. Saclà Italia India Pvt. Ltd., a subsidiary of the Italian company Saclà, has a significant presence in the Indian market. They specialize in a variety of Italian sauces, including those made from tomatoes, which are widely used in Indian cuisine. Campo De' Fiori India Pvt. Ltd. is another player that has gained traction in the Indian tomato processing market. They offer a range of tomato-based products like sauces and pastes, known for their authentic Italian flavors.
The India tomato processing market is experiencing a prominent surge driven by various key trends as well as opportunities. One notable trend is the rising consumer demand for processed tomato products, including pastes, sauces, ketchup, and purees. This shift is due to the factors like changing dietary habits, urbanization, rising preferences for convenience foods. In addition, the growth in health consciousness among people also led to a rise in demand for processed tomato products since they are perceived as organic as well as nutritious options to synthetic additives. Government initiatives to help agro-processing industries via incentives and policies have bolstered the market progression.
In terms of product type, sauce segment acquired the largest growth in the market and this same segment will rise more in the near future. Tomato sauces are a staple condiment in Indian cuisine. The demand for various types of sauces has been steadily increasing due to the rising popularity of fast food and convenience foods.
On terms of distribution channel, business to business channel acquired major growth. This channel involves the sale of tomato processing products to other businesses, like restaurants, catering services, as well as food manufacturers. The B2B segment is crucial, especially for products such as sauces, canned tomatoes, which are used as ingredients in many food preparations.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Tomato Processing Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Tomato Processing Market Revenues & Volume, 2019 & 2029F |
3.3 India Tomato Processing Market - Industry Life Cycle |
3.4 India Tomato Processing Market - Porter's Five Forces |
3.5 India Tomato Processing Market Revenues & Volume Share, By Product Type, 2022 & 2029F |
3.6 India Tomato Processing Market Revenues & Volume Share, By Distribution Channel, 2022 & 2029F |
4 India Tomato Processing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Tomato Processing Market Trends |
6 India Tomato Processing Market, By Types |
6.1 India Tomato Processing Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Tomato Processing Market Revenues & Volume, By Product Type, 2019 & 2029F |
6.1.3 India Tomato Processing Market Revenues & Volume, By Sauces, 2019 & 2029F |
6.1.4 India Tomato Processing Market Revenues & Volume, By Paste, 2019 & 2029F |
6.1.5 India Tomato Processing Market Revenues & Volume, By Canned Tomatoes, 2019 & 2029F |
6.1.6 India Tomato Processing Market Revenues & Volume, By Ketchup, 2019 & 2029F |
6.1.7 India Tomato Processing Market Revenues & Volume, By Juice, 2019 & 2029F |
6.1.8 India Tomato Processing Market Revenues & Volume, By Others, 2019 & 2029F |
6.2 India Tomato Processing Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Tomato Processing Market Revenues & Volume, By Business to Business, 2019 & 2029F |
6.2.3 India Tomato Processing Market Revenues & Volume, By Retail Market, 2019 & 2029F |
7 India Tomato Processing Market Import-Export Trade Statistics |
7.1 India Tomato Processing Market Export to Major Countries |
7.2 India Tomato Processing Market Imports from Major Countries |
8 India Tomato Processing Market Key Performance Indicators |
9 India Tomato Processing Market - Opportunity Assessment |
9.1 India Tomato Processing Market Opportunity Assessment, By Product Type, 2022 & 2029F |
9.2 India Tomato Processing Market Opportunity Assessment, By Distribution Channel, 2022 & 2029F |
10 India Tomato Processing Market - Competitive Landscape |
10.1 India Tomato Processing Market Revenue Share, By Companies, 2022 |
10.2 India Tomato Processing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |