Freeze Dried Foods Market

Report Overview

[ 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.

Product Overview

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.

Market Highlights

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.

Freeze Dried Foods Market: Segments

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.

Market Dynamics

Drivers

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.

Restraint

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.

Recent Developments

• Nestle unveiled an easy solution called "nesQino" in 2020. This makes it easier for customers to select the healthy superfoods and beverages that are best for them based on all-natural components.
• With an emphasis on food intolerance, sport nutrition, emergency readiness, and other topics, European Freeze Dry has introduced their new full meal solutions, which include weight control meals, special dietary meals, and others.
• Nestle SA introduced "nesQino" in April 2020, a user-friendly tool that enables users to create customized, healthy superfood drinks at home or at work using only natural ingredients. The collection was first introduced by the corporation in China. A silent, digitally-connected Q-cup maker, superfood sachets, and three distinct base sachets, smoothie, milk shake, and oat shake, each of which was made using freeze-drying technology are all contained in the nesQino.

Freeze Dried Foods Market: Key Players

• 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.
• Other Prominent Players

Freeze Dried Foods Market: Regions

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.

Impact of Covid-19 on Freeze Dried Foods Market

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:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Freeze Dried Foods Market report also contains analysis on:

Freeze Dried Foods Market Segments:

• 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
• Freeze Dried Foods Market Dynamics
• Freeze Dried Foods Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints 

Freeze Dried Foods Market Report Scope and Segmentation 

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