A key factor driving the market is the prolonged shelf-life
of freeze-dried
food without any synthetic ingredients or preservatives. The rising number
of confectionaries has been fuelling the demand for dehydrated forms of food
like freeze-dried food due to their long shelf lives and diverse array of
applications in healthy diets.
Newly released data from Freeze Dried Fruits Market analysis
by Future Market Insights displays that the global consumption of Freeze Dried
Fruits Market enjoyed a year-on-year (YOY) growth of 5% in 2022
to total revenue of USD 7.5 Bn and will clock an
estimated revenue of USD 15 Bn in 2032, exhibiting a ~7% CAGR
during the assessment period.
Food products continue to remain an essential commodity
since the outbreak of the pandemic. According to FMI, the food and beverages in
all will register above 3% CAGR in the forecast period. With
consumers’ preferences changed, the demand for cost-effective yet healthy and
sustainable food solutions is surging, hence, pushing sales of freeze-dried
food and vegetables in the near future.
Various types of freeze-dried products such as freeze-dried
blackberry, freeze-dried raspberry, freeze-dried pineapple, freeze-dried
strawberries, freeze-dried cranberry, and others are increasingly used in
confectionery, smoothies, juices, ice creams, bakeries, and other ready to
eat food products.
Key Takeaways from the Market Report
- Increasing
awareness about numerous health benefits of nutritional, natural, and low
carb diet, is boosting the demand for freeze-dried food and vegetables.
- Conventional
freeze-dried food are presently leading in the market in terms of nature
as they are more enriched with natural flavor, color, and nutrient values.
- Among
products available in the market, whole freeze-dried food and vegetables
are highly favored over dried or granulated.
- The
enhancing packaging industry along with the improving lifestyle of consumers
is boosting the freeze-dried food industry share.
- The
European region will account for the majority share in the freeze-dried
food market and is projected to grow at a CAGR of over 7.5% over the
forecast period due to the presence of major manufacturers here.
- North
America is another dominant market region for freeze-dried food, with a
market share of over 25%, and is set to exhibit a similar market share
throughout the forecast period.
- B2B
is a more volume-heavy sales channel than B2C in the freeze-dried food
market. With the expansion of markets for snacks, breakfast cereals,
powdered beverages, retail (household), and others, the B2B sales channel
is gaining traction. It is anticipated to continue exhibiting high growth
through the assessment period.
“Manufacturers of freeze-dried food would gain
significant profits by extensive marketing and increasing their geographic
reach among end-users. The ready-to-eat, convenient food and beverage industry
would also serve as a major market for freeze-dried food,” says a
Future Market Insights analyst.
Competitive Outlook
The market is fragmented and highly competitive without any
major dominant players. Freeze-dried food manufacturers are singling on
launching a wide variety of products in order to increase their consumer base
and end-user industries and gain a competitive advantage.
Top freeze-dried food manufacturers are The Kraft Heinz
Company, Mercer Foods, European Freeze Dry Ltd., Chaucer freeze-dried, Molda
AG, SARAF Foods Ltd., Watershed Foods LLC, Freeze-Dry Foods, Nestle S.A.,
Mondelez International, The J M Smucker Company, Olam International, OFD Foods,
Ajinomoto Co., Asahi Group, and Van Drunen Farms, among others. and others.
Some of them are focusing on marketing upon various health
benefits of freeze-dried food that are highly sought-after among consumers. For
instance, European Freeze Dry has launched their new complete meal solutions
for special dietary meals, weight control meals, and others with an emphasis on
sport nutrition, food intolerance, emergency preparedness, and others in the
recent year.
Market Segmentation Of Freeze-dried food Market
Nature:
- Organic
- Conventional
Product Type:
- Whole
- Diced
- Powdered/Granulated
End use:
- Food
& Beverages Products
- Breakfast
Cereals
- Dairy
Products
- Bakery
& Confectionery
- Nutritional
Bars & Supplements
- Powdered
Beverages
- Snacks
- Retail
(household)
Fruit Type:
- Berries
- Strawberry
- Raspberry
- Blueberry
- Cranberry
- Others
- Exotic
& Tropical Fruits
- Mango
- Papaya
- Apple
- Guava
- Banana
- Cantaloupe
- Orchard
& Citrus Fruits
- Kiwi
- Pear
- Peach
- Lemon
- Orange
- Grapefruits
- Others
Sales Channel:
- B2B
- B2C
- Hypermarkets/Supermarkets
- Convenience
Store
- Specialty
Store
- Food
& Drinks Specialty Store
- Independent
Small Grocery Store
- Online
Retail
Region:
- North
America
- Latin
America
- Western
Europe
- Eastern
Europe
- Asia
Pacific Excluding Japan
- Middle
East & Africa
- Japan
Information Source: https://www.futuremarketinsights.com/reports/freeze-dried-fruits-market