The "Global Sun Dried Tomatoes Market - Market Size & Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The global sun-dried tomatoes market was valued at USD 15,915.2 million in 2021 and is expected to reach USD 19,994.6 million by 2030 at a CAGR of 2.6% during the forecast period.
However, without the COVID-19 impact, the global sun-dried tomato market was estimated to value at USD 16,077.0 million in 2021 and reach USD 20,851.8 million by 2030 at a CAGR of 2.9% during the forecast period.
Sun-dried tomatoes are frequently preserved in sunflower or olive oil, occasionally in combination with additional ingredients like garlic or with a variety of other seasonings. Tomatoes dried in this manner can be preserved for a year and it adds value to the product at a reasonable cost. Sundried tomatoes can be used in salads, pastas, and a variety of other recipes where a strong tomato flavor is desired.
Some of the factors that are driving the market are growing demand for dried tomatoes in the foodservice industry as well as the growing demand for natural ingredients in food and beverages. The market for dried tomatoes is being driven by longer life span of the product. Market growth is also being aided by rapid growth of bakery and confectionery, infant nutrition, drinks, and convenience food items.
However, the fact that consumers prefer fresh tomatoes to dried tomatoes may limit the market's growth. With increasing awareness on healthy eating, consumers are more likely to prefer fresh tomatoes over dried ones. This is because, tomatoes, whether fresh or cooked, have a variety of health benefits. Raw tomatoes contain more of certain antioxidants than sun-dried tomatoes. Potassium, vitamins B and E, and other nutrients are present. It may reduce the risk of lung, stomach, and prostate cancer. Other elements in tomatoes, such as vitamins B and E, as well as antioxidants known as flavonoids, may help to improve a person's health condition related to heart. Low density lipoprotein (LDL), or "bad" cholesterol, levels can be reduced, and blood pressure can be controlled.
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