This report describes the global market size of fried onion market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and it is expected to grow with a CAGR of 4.9% from 2023 to 2030.
Fried onions are onion slices that have either been pan-fried or deep-fried and are frequently used as a vegetable side dish, garnish, or snack food. The industry is expanding as a result of customers' growing interest in ready-to-eat meals and increased knowledge of plant-based diets. Additionally, the industry is growing as a result of the increased internet usage and widespread availability of snack products online. Due to decreased demand, the COVID-19 pandemic had a detrimental effect on the demand for fried onions. The pandemic has also resulted in a labour shortage in numerous sectors, including the food industry, which has an effect on market expansion.
Due to the COVID-19 pandemic and Russia-Ukraine war influence, the global market for fried onion Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 4.9% during the forecast period 2023-2030. North American market for fried onion Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report covers following regions:
Middle East and Africa
The key countries for each region are also included such as United States, China, Japan, India, Korea, Germany, France, UK, Italy, Spain, and Brazil etc.
For competitor segment, the report includes global key players of fried onion market as well as some small players. The information for each competitor includes:
Main Business Information
Sales Volume, Revenue, Price and Gross Margin
Strings had 44.7% of form segment sales in 2022. String demand is driven by fast food and ready-to-eat meal demand. Fried onion strings offer crunch and flavour with their crispy texture and powerful onion flavour. Snack and fast-food makers can offer fried onion due of its unique texture and flavour. For busy people who want to add flavour and crunch to their meals, fried onion strings are often sold pre-made at supermarket and e-commerce stores.
Powder grew 4.9% from 2023 to 2030. Global cuisines use fried onion powder. Its seasonings and garnishes meals with a peculiar, savoury taste. Fried onion powder lasts longer than raw onions, making it useful for quick meals. Plant-based diets are also increasing market demand.
Salads & Sandwiches
Instant Noodles / Ramen
Flavouring Powder/ Stocks
35.7% of applications were meal toppings in 2022. Grocery stores sell fried onions, which add flavour and texture to dishes. They come in little packets, making it easy to grab a handful and sprinkle them on a dish. The market for meal toppers and snacks has grown due to food delivery apps and meal kits. Fried onions contribute fibre, vitamins, and antioxidants to a meal. Fried onions as a topping can also enhance a meal.
Soup/stew sales are expected to climb 4.5% annually. Many soups use fried onions. They provide flavour and texture to vegetarian and meat-based soups, making them adaptable components for a variety of cuisines. Home cooks and chefs use them to make soups tastier and more complex. As global cuisine and fusion cooking become more popular, their use in soups may be part of a larger trend towards mixing new flavours and ingredients into classic recipes.
Middle East & Africa
In 2022, Asia Pacific was the largest region and contributed 36.3% of worldwide revenue. In recent years, the demand in the Asia-Pacific region has been continuously rising. Many Asian cuisines, including Indonesian, Malaysian, Thai, Indian, and Chinese, frequently use fried onions, sometimes known as crispy onions or shallots. The demand for the market is being driven by the region's expanding use in soups, biryani, and curries.
From 2023 to 2030, North America is anticipated to develop at a CAGR of 4.5%. The demand is anticipated to be driven by elements including rising fast-food consumption and rising demand for prepared meals in the area. A growing culinary trend in recent years has been the usage of these ingredients in recipes. Due to this, demand for this component in restaurants and at home has increased.
McCormick & Company
Lion Foods B.V.
Fresh Gourmet Company
Pereg Gourmet Spices
Verstegen Spices & Sauces UK Ltd
The Onion Group
Other Key Players
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Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
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