A key factor driving the market is the prolonged shelf-life
of Freeze
Dried Fruits And Vegetables without any synthetic ingredients or
preservatives. The rising number of confectionaries has been fuelling the
demand for dehydrated forms of food like Freeze Dried Fruits And Vegetables 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
Fruits 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 Fruits And Vegetables.
- Conventional
Freeze-Dried Fruits And Vegetables 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 Fruits And are highly
favored over dried or granulated.
- The
enhancing packaging industry along with the improving lifestyle of consumers
is boosting the Freeze-Dried Fruits And Vegetables industry share.
- The
European region will account for the majority share in the Freeze-Dried
Fruits And Vegetables 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 Fruits And
Vegetables, 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 Fruits
And Vegetables 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 Fruits And Vegetables
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 Fruits
And Vegetables,” says a Future Market Insights analyst.
Competitive Outlook
The market is fragmented and highly competitive without any
major dominant players. Freeze Dried Fruits And Vegetables 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 Fruits And Vegetables 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 Fruits And Vegetables 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 Fruits And Vegetables
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