Freeze Dried Foods Market: By Product Type (Freeze-Dried Fruits, Freeze-Dried Vegetables, Freeze-Dried Beverages, Freeze-Dried MFS, Freeze-Dried Prepared Food, Freeze-Dried Pet Food, Others), By Form (Powdered, Granules, Diced), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Wholesalers, Others), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032
[ 170 + Pages Research Report ] Freeze Dried Foods Market to surpass USD 159 billion by 2032 from USD 68.6 billion in 2021 at a CAGR of 8% in the coming years, i.e., 2022-32.
Freeze drying is the latest technique for food preservation. It comprises freezing food, and virtually completes the removal of moisture in a vacuum compartment and airtight vessel sealing. Foods that have been freeze-dried are simple to transport at room temperature, can be kept for a long time, and require little preparation to eat. Once prepared, freeze-dried foods resemble their fresh, natural counterparts in both appearance and flavor. Food that has been freeze-dried has various benefits, such as being incredibly lightweight even after nearly 98% of the water has been removed, which considerably lowers the cost of shipping. Due to the necessity of carrying food, makes it a favorite among boaters and hikers.
The Freeze-Dried Foods Market is expected to project a notable CAGR of 8% in 2032.
The use of freeze-dried foods like soups, snacks, and dressings is expanding. The market is anticipated to increase as a result of rising consumer demand for ready-to-eat food items and the expansion of the food processing industry. Food that has been freeze-dried is more compact and lighter since it contains no moisture or water. This promotes long-term preservation without the need for immediate consumption, which has an effect on the Freeze-Dried Foods Market.
The Freeze-Dried Fruits segment is expected to grow with a higher CAGR during 2022-32
Freeze Dried Foods Market is categorized on the basis of Product Type into Freeze-Dried Fruits, Freeze-Dried Vegetables, Freeze-Dried Beverages, Freeze-Dried MFS, Freeze-Dried Prepared Food, Freeze-Dried Pet Food, and Others. Over the projected period, the freeze-dried fruit segment is anticipated to experience significant growth. Sales in the market will increase as freeze-dried fruits are increasingly used in desserts, snacks, and breakfast cereals.
The Supermarkets/Hypermarkets segment is expected to grow with a higher CAGR during 2022-32
Freeze Dried Foods Market is categorized on the basis of Distribution Channel into Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Wholesalers, and Others. Over the projected period, the supermarkets/hypermarkets segment is anticipated to outperform all other segments in terms of revenue generation. Factors boosting demand for this market include rising disposable income, the availability of a wide range of freeze-dried food products, and increasing demand for ready-to-eat eatables.
The Increasing Working Population and Busy Lifestyles
The increasing number of people working throughout the world and busy work schedules are two major factors driving the growth of the global Freeze Dried Foods Market. Need for freeze-dried foods including vegetables, fruits, etc., for snacking, soups, baking, confectionary items, and dressings is anticipated to increase due to the fast development of the food processing industry and the enormous demand for ready-to-eat or convenience food products.
The Growing Consumer Awareness on the Side-Effects of Artificial Food Additives
The market is also being boosted by the suitability of freeze-drying methods for heat-sensitive food products, the rise of freeze-dried pet food products, and the inclusion of freeze-drying methods in a variety of food products for convenient storage and long-term use. Also, the growing demand for natural and healthy food products is anticipated to have an impact on the Freeze-Dried Foods Market due to consumer knowledge of the negative consequences of artificial food additives used for food preservation.
Multiple Unfavorable Factors and Disadvantages of Drying Methods
The growth of the global Freeze-Dried Foods Market is significantly constrained by a number of adverse circumstances. The availability of alternative drying methods like fluid bed and spray drying, is a significant factor limiting market growth throughout the forecast period. Low-quality powder and inconsistent powder have been two of the most problematic problems with conventional spray drying powder.
Freeze Dried Foods Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Due to developing trends in customers' on-the-go lives and rising consumption of processed food and ready-to-eat meals, the Freeze-Dried Foods Market in the Asia-Pacific region is expanding quickly. These elements make Asia a prospective market for freeze dried meals, thus producers are looking into this development to appeal to the region's young consumers. Foreign retail manufacturers can increase their companies in China thanks to Chinese consumers' interest in innovative, nutritious items that fit into their hectic schedules and are made with Chinese ingredients.
The demand for non-perishable food goods increased dramatically as a result of the COVID-19 pandemic. Consumer stockpiling as a result of prolonged lockdowns was the main driver, and in many cases, even customers avoided going outside in public areas to protect themselves.
Freeze Dried Foods Market is further segmented by region into:
Freeze Dried Foods Market Segments:
|Market Size Value in 2021||USD 68.6 billion|
|Revenue Forecast in 2032||USD 159 billion|
|Growth Rate||CAGR of 8% from 2022 to 2032|
|Base Year for Estimation||2021|
|Quantitative Units||Revenue in USD million and CAGR from 2022 to 2032|
|Report Coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Segments Covered||Product Type, Form, Distribution Channel, and Region|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)|
|Key Companies Profiled||Ajinomoto Co. Inc., Asahi Group Holdings, Nestle SA, Mondelez International Inc., The Kraft Heinz Co., Harmony House Foods Inc., Kerry Group Plc, European Freeze Dry, Chaucer freeze-dried, SARAF Foods, Kenegrade Ltd., Lyofood, Mercer Foods LLC, Nuts.com, Freeze Dry Foods LLC, SouthAm Freeze Dry, The Hain Celestial Group Inc., and Other Prominent Players.|
The Freeze Dried Foods Market size was estimated at USD 68.6 billion in 2021 and is expected to reach USD 159 billion in 2032.
Freeze drying is the latest technique for food preservation. It comprises freezing food, and virtually complete the removal of moisture in a vacuum compartment and airtight vessel sealing.
The Freeze-Dried Fruits and Supermarkets/Hypermarkets segments accounted for the larger share of the Freeze Dried Foods Market.
Key players in the Freeze Dried Foods Market are Ajinomoto Co. Inc., Asahi Group Holdings, Nestle SA, Mondelez International Inc., The Kraft Heinz Co., Harmony House Foods Inc., Kerry Group Plc, European Freeze Dry, Chaucer freeze-dried, SARAF Foods, Kenegrade Ltd., Lyofood, Mercer Foods LLC, Nuts.com, Freeze Dry Foods LLC, SouthAm Freeze Dry, The Hain Celestial Group Inc., and Other Prominent Players.
Freeze Dried Foods are reasonably priced, provide rich nutritional value and hold comparatively easy storage, due to which, the sales of such foods is expected to stay high over the estimated period.
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