PUBLISHER: DataM Intelligence | PRODUCT CODE: 1374870
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1374870
Global Tinda Market reached US$ 18.5 million in 2022 and is expected to reach US$ 25.5 million by 2030, growing with a CAGR of 4.1% during the forecast period 2023-2030.
The global tinda market has witnessed significant growth and transformations over the years, consumers are highly adopting this tinda in their diets as they provide essential nutrients, including vitamins and minerals such as vitamin C, vitamin A, vitamin B-complex, potassium, and dietary fiber. They help in promoting weight loss. Hence, such factors can help in driving the market growth.
Furthermore, many manufacturing companies produce high-quality products in order to attract larger consumer bases. For instance, Saviagro company produces dried tinda, which tinda is sun-dried and hand-picked, and preserved in cold storage. They are highly used in various dishes. Hence, such products can help in increasing the adoption rate.
Raw tinda accounts for the largest share of the market, Similarly, Asia-Pacific has been a dominant force in the global tinda market, This region remains the largest consumer and producer of tinda, as there is a presence of vast agricultural land and production of fruits and vegetables are also high in this region, which can help in increasing the market growth.
The animal feed industry is highly adopting tinda as supplemental feed for livestock, as it is a good source of various nutrients, including vitamins, minerals, and dietary fiber. This also helps in maintaining health and enhances productivity. Hence, such factors can help in increasing the market growth.
Furthermore, many manufacturing companies are focusing on producing innovative high-quality products in order to attract larger consumer bases. For instance, Pashupati Industries company produces Tinda-cip poultry feed supplement which contains vitamin C, B2 and pyridoxine. Hence,such products can help in increasing the adoption rate.
Consumers are highly adopting this tinda as a versatile vegetable that can be used in a wide range of dishes, including curries, stir-fries, soups, stews, and salads. Also, it provides essential nutrients, including vitamins, minerals, and dietary fiber. It also helps in weight management. Hence, such factors help in increasing the market growth.
Furthermore, many key players are producing innovative products in order to expand their market size. For instance, Roopak company produces Tinda masala powder which is highly used in a wide range of curries, which helps in enhancing the taste and flavors. Hence, such products can help in increasing the adoption rate.
Tinda has a relatively short shelf life compared to other vegetables, also it requires warm temperatures, sunlight for at least 6-8 hours, drained soil with rich organic matter, and required consistent moisture level throughout the growing season. Hence, such specific conditions and shorter shelf life can limit the market for smaller consumer bases.
The global tinda market is segmented based on type, product, nature, distribution channel, packaging, application, and region.
The raw tinda segment holds the maximum share in the global tinda market, consumers are highly adopting the tinda in various culinary applications, as it provides all the essential nutrients, dietary fibers also helps in maintaining blood sugar levels, weight management, and others. Hence, such factors can help in increasing the market growth.
Furthermore, many manufacturing companies produce high-quality products in order to attract larger consumer bases. For instance, Fresh India Organics company produces organic tinda, the organic tinda features round, greenish skin with tender and mildly sweet flesh. Its delicate flavor and smooth texture make it a perfect addition to curries, stews, and stir-fries. Hence, such products can help in increasing the market growth.
Asia-Pacific has been a dominant force in the global tinda market and its significance has only grown in the post-2020 era. Consumers in this region are highly adopting tinda as it provides all the essential nutrients, and helps in enhancing the digestive system and eye health. Hence, such factors help in increasing the market growth in this region.
Furthermore, the production of vegetables is high in this region. For instance, as per the National Horticulture Database, published by the National Horticulture Board, during 2021-22, India produced 204.84 million metric tonnes of vegetables within the 11.35 million hectares of cultivation area. Hence, such high production rates can help in increasing the market in this region.
Additionally, the presence of vast agricultural lands can help in increasing tinda cultivation in this region. For instance, according to the Department of Agriculture, Fisheries, and Forestry report of 2023, Australia has around 427 million hectares of agricultural land in use, Hence, it can help in increasing the market in this region.
The major global players in the market include: Fresh India Organics, Fast&Fresh Global LLP, Ankur Seeds Pvt. Ltd., Pashupati Industries, AAAS FOODS AND NATURE'S SOUL PRIVATE LIMITED, Roopak, Saviagro, I Say Organic, Sukan Food, and Daftari Agro Pvt Ltd.
The pandemic has brought a disruption in the supply chain, many governments have imposed lockdowns, due to which many manufacturing companies are shut down which has led to a decrease in the availability of products in the market. This affected the adoption rate. Hence, it led to a decrease in the market growth.
The global tinda market report would provide approximately 85 tables, 88 figures and 197 Pages.
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