Tomato Concentrate Market is expected to grow by 5.5% from 2023 to 2029

Mahesh Chavan15 Jul, 2024News

The global Tomato Concentrate Market, valued at USD 1.1 billion in 2022, is anticipated to witness significant growth, with revenues expected to reach approximately USD 1.60 billion by 2029, growing at a CAGR of 5.5% from 2023 to 2029. Tomato concentrate, also known as tomato extract, is derived by heating tomato juice and removing a portion of water, resulting in products like single, double, or triple concentrate, as well as tomato puree and paste.