The report contains information concerning market basis types and applications, sales, market share, growth rate, etc., for the forecast period. It concentrates on the market forecast for the Freeze-Dried Food Market by region, type, application, sales, and interest. Furthermore, the report also highlights the database associated with sales channels, suppliers, traders, and more. Moreover, it Understands the Current and future of the Freeze-Dried Food Market in both Established and emerging markets.

Freeze-Dried Food Market Overview

The global Freeze-Dried Food Market size is projected to reach a CAGR of 8.2% from 2023-2030.

Fruits & Vegetables and other food items contain more than 50% of water so they perish within a short duration. Freeze-dried food is a dehydrated form of fruits & vegetables and other foods where water content from the food is taken out while the texture, smell, and contents of the food remain the same. In the process of dehydration, the water content in food is dried, which is called lyophilization. This process makes the food light in weight & smaller in size making it easier to store & transport.

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The rise in demand for superior quality food items by the premium segment and awareness of hygienic factors has made customers move more toward freeze-dried foods. Moreover, the expanding food & beverage market, the demand for seasonal fruits & vegetables throughout the year, growing modernization, the increased number of working couples, and the need for convenient superior quality food items are driving the global freeze-dried food market. Freeze-dried food has an excellent shelf-life of up to 20 years in some food items. Another factor driving the market is the easy de-freezing of freeze-dried food which helps in carrying the food while traveling and is easy to cook in less period.

On the other hand, major drawbacks of the freeze-dried food market are the availability of substitute drying techniques at low-cost like fluid bed drying which dries the food at a cheaper cost than the freeze-dried technique and this drawback is anticipated to restrain the growth of the market.

COVID-19 boosts the growth of the food & beverage industry. Sales and demand for frozen fruits & vegetables have grown as customers are demanding hygienic food items and other foods like meat, fish, and prawns. The manufacturers are facing a shortage of raw materials due to transport problems caused by international barriers set by all the countries in the world. The market is expected to grow after the pandemic because of an increase in customers' preference for hygiene.

Delvens Industry Expert's Standpoint

The growing demand for ready-to-eat food preferences among customers is due to the change in lifestyle habits and the increase in urbanization. It is evident that tourism across the world constantly growing at the same time the restaurants and food services providing hotels depend more on freeze-dried products to ease the process of cooking. All these demands eventually elevated the market for the freeze-dried food market in the forecast period. Further, the advantage of free-dried products is in withholding the nutritional benefit of each product, and ease of consumption promoted the development in the market of freeze-dried foods in the next coming years.

Freeze-Dried Food Market Key Findings

·         The product type segment is further segmented into Freeze-dried fruits, Freeze-dried vegetables, Freeze-dried beverages, Freeze-dried MFS, Freeze-dried prepared food, Freeze-dried pet food, and Others. The freeze-dried fruits segment is expected to reach the highest revenue share over the forecast period. The freeze-dried fruits segment is again subdivided into strawberry, raspberry, pineapple, apple, mango, and others. Factors such as rising awareness regarding the health benefits of dried fruits and increasing import-export activities are expected to drive demand for this segment.

·         The distribution channel segment is further fragmented into Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Wholesalers, and Others. The supermarkets/hypermarkets segment is expected to dominate all other segments in terms of revenue generation over the forecast period. Rising disposable income, availability of a variety of freeze-dried food products, and increasing demand for ready-to-eat products are factors driving demand for this segment.

·         The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The people of North America are contributing more toward the growth of the global freeze-dried food market. Revenue growth in the North American market is mainly attributed to the region’s rising consumption of processed food and shifting preferences toward ready-to-eat food products due to the busy lifestyles of people.

·         COVID-19 boosts the growth of the food & beverage industry. Sales and demand for frozen fruits & vegetables have grown as customers are demanding hygienic food items and other foods like meat, fish, and prawns. The manufacturers are facing a shortage of raw materials due to transport problems caused by international barriers set by all the countries in the world. The market is expected to grow after the pandemic because of an increase in customers' preference for hygiene.

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Freeze-Dried Food Market Regional Analysis

North America to Dominate the Market

·         The people of Asia-Pacific are contributing more toward the growth of the global freeze-dried food market. Revenue growth in the North American market is mainly attributed to the region’s rising consumption of processed food and shifting preferences toward ready-to-eat food products due to the busy lifestyles of people.

·         USA is one of the major countries with lucrative growth opportunities and increasing consumer interest in healthy and innovative products, providing a great platform for foreign retail manufacturers to expand their business.

Freeze-Dried Food Market Competitive Landscape

·         Asahi Group Holdings Ltd.

·         European Freeze Dry

·         Freeze Dry Foods LLC

·         Kerry Group Plc

·         Mondelez International Inc.

·         Nestle SA

·         SouthAm Freeze Dry

·         The Hain Celestial Group Inc.

·         The Kraft Heinz Co.

·         Unilever Group

·         Ajinomoto Co., Inc

·         Harmony House Foods, Ltd.

·         Nuts.com

Recent Developments in Freeze-Dried Food Market

·         In March 2021, European Freeze Dry unveiled additional products to its vegan freeze-dried meal range including couscous-based dishes and a vegan Bolognese, complementing the already wide range of freeze-dried vegetables and pulses. This launch follows the development of two new meat alternatives, vegan chicken, and vegan mince.

·         In August 2020, European Freeze Dry announced the expansion of its manufacturing site facilities in the United Kingdom and Denmark by investing more than GBP 1.5 million. The new investment will allow the company to continue to meet the growing demand for nutritious long-life ingredients, which also include freeze-dried fruits, commission drying services, and ready meals.

Reasons to Acquire Freeze-Dried Food Market Report

·         Increase your understanding of the market for identifying the best and most suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.

·         Gain authentic and granular data access for Freeze-Dried Food Market so as to understand the trends and the factors involved in changing market situations.

·         Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

·         In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

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