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TOMATO PROCESSING INDUSTRY:
The remaining 20% is utilised in the tomato processing sector to manufacture purees, soups, tomato ketchup, pickles, juices, and sauces, with over 80% of tomatoes produced worldwide consumed fresh. The global tomato processing market is being driven by the numerous applications of processed tomatoes in industries such as household, food processing, and snack foods. They’re also common in the hospitality industry, where they can be found at hotels, restaurants, and fast food joints. Fast food is booming all around the world, moving the industry ahead. The growing organised retail sector is also assisting the market’s expansion. Because of their improved health advantages and longer shelf life, processed tomatoes are in high demand. Tomato puree is a crucial processed product since it is utilised in a variety of other products, including tomato juice, ketchup, paste, strained tomato pulp, pickles, pasta, pizza sauces, salsa, gravies, ready-to-eat curries, and tomato-based powder items.
TOMATO PROCESSING MARKET IN INDIA:
In India, the tomato processing market grew at a steady 4.2 percent each year. India is the world’s second-largest tomato producer, after China, accounting for 11% of total global tomato production. The majority of tomatoes farmed in the country are eaten fresh, with the rest being processed into tomato paste, tomato juice, tomato sauce, tomato ketchup, and other products. Due to rising disposable incomes and the westernisation of food consumption patterns, the fast food industry has seen enormous growth in the country. Burgers, sandwiches, pizza, and fries are regularly served with tomato ketchup and other processed tomato products. In addition, processed tomato products such as tomato paste and sauce are commonly utilised in Indian cuisines. Convenience, longer shelf life, urbanisation, changing eating habits, and growth in the organised retail sector are some of the major factors driving the tomato processing industry in India.
GLOBAL MARKET OUTLOOK:
Tomato production is growing at a 3.8 percent compound annual growth rate (CAGR), and new varieties are being created. Tomatoes are commonly traded as purees, sauces, tinned tomatoes, and pastes, among other processed goods. As a result, the expansion of the tomato sector is aided by the rise in processed-goods manufacturing. Asia Pacific is the world’s largest tomato producer, accounting for over half of all tomato production worldwide. China and India are the leading manufacturers not only in the region, but also globally. The tomato processing industry is primarily driven by the increase of China’s tomato processing capacity. The adoption of healthy cultural practises, as well as strong demand for tomatoes in countries like India and China, are driving the market for both fresh and processed tomatoes. The United States, on the other hand, is the world’s largest tomato processing market, accounting for over 35% of global production.
TOP PLAYERS WORLDWIDE:
- Cofco Tunhe Tomato Co., Ltd.
- ID Fresh Food (India) Private Limited
- Cremica
- Xinjiang Chalkis Company Ltd
- Sing Cheung Company Private Limited
- Tops
- Agrofusion
- DNV Food Products Private Limited
- Los Gatos Tomato Products
- Kissan
- Assan Gida San. VE TIC. AS
- Smith and Jones
- The Neils Jones Food Company
- Heinz
- Maggi
- Del Monte