The freeze-dried food market is expanding rapidly, with a 6.8% predicted CAGR aiming for a $54.8 billion value by 2032. The market is growing because of the growing inclination towards healthy diets and the growing acceptance of nutrient-dense, additive-free freeze-dried fruits and vegetables among customers who are health-conscious.
With a predicted CAGR of 6.8%, the freeze-dried food market is expected to grow significantly and reach a valuation of $54.8 billion by 2032. Growing public knowledge of the health advantages of nutrient-dense, organic, and low-carb diets is what’s causing this demand spike. With their longer shelf life and lack of artificial ingredients, freeze-dried fruits and vegetables are becoming more and more popular among consumers who are health-conscious.
With a predicted compound annual growth rate (CAGR) of 6.8%, the freeze-dried food market is expected to rise at an impressive rate and reach a significant value of US$ 54.8 billion by 2032. The rise in demand can be ascribed to the growing recognition of the health advantages linked to diets high in nutrients, organic, and low in carbohydrates. With their longer shelf life and lack of artificial ingredients, freeze-dried fruits and vegetables are becoming more and more popular among consumers who are health-conscious. Frequent use of freeze-dried fruits is associated with a lower risk of a number of illnesses, which makes it a popular option. Producers are expanding the market by innovating to meet the demands of this health-focused trend.
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The global freeze-dried food market is experiencing rapid expansion, with a forecasted 6.8% Compound Annual Growth Rate (CAGR), targeting a substantial value of $54.8 billion by 2032. This surge is attributed to the increasing preference for healthy diets and the rising acceptance of nutrient-dense, additive-free freeze-dried fruits and vegetables among health-conscious consumers.
Key Takeaways from the Freeze-Dried Food Market Study:
- Market Growth Dynamics:
- Predicted 6.8% CAGR, reaching a value of $54.8 billion by 2032.
- Growing inclination towards healthy diets and nutrient-dense freeze-dried fruits and vegetables fueling market growth.
- Longer shelf life and absence of artificial ingredients driving popularity among health-conscious consumers.
- Health Benefits Driving Demand:
- Regular consumption of freeze-dried fruits associated with a lower risk of heart disease, liver cancer, colon cancer, and other illnesses.
- Manufacturers innovating to meet the demands of health-focused consumers, expanding the market.
- Market Challenges and Mitigations:
- Contamination risk due to toxigenic fungus and bacteria.
- Manufacturers focusing on optimal processing methods and thorough investigation of herbal and aromatic plants to reduce contamination.
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- Geographical Insights:
- North America to account for 25% of the total market share in 2022.
- East Asia emerging as a lucrative pocket with the expansion of the food and beverage sector in countries like China, India, and Japan.
- Segmentation Highlights:
- Freeze-dried fruits segment expected to dominate the global market in 2022 based on product type.
- Food and beverage sector projected to drive high sales through 2032 in the end-use segment.
- B2B sales channel set to emerge as a lucrative segment over the assessment period.
- Competitive Landscape:
- Key players include Nestle S.A., Kerry Group Plc, European Freeze Dry, OFD foods LLC, Molda AG, among others.
- Manufacturers adopting various strategies such as new product launches, geographical expansion, mergers, acquisitions, partnerships, and collaborations to enhance sales.
In conclusion, the freeze-dried food market is poised for remarkable growth with a projected CAGR of 6.8%, reaching a substantial valuation of $54.8 billion by 2032. As consumers increasingly prioritize health-conscious choices, the demand for nutrient-dense and organic freeze-dried fruits and vegetables is on the rise, driving innovation in the industry.
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The freeze-dried food market will expand at a CAGR of 6.8% during the forecast period, reaching a value of $54.8 billion by 2032.
The demand for freeze-dried fruits and vegetables is rising as people become more and more aware of the numerous health benefits of a nutrient-rich, organic, and low-carb diet.The lengthy shelf life of freeze-dried fruits, which are prepared without the use of artificial additives or preservatives, is one of the key factors driving the market.
Regularly eating freeze-dried fruit can help reduce your risk of getting heart disease, liver cancer, colon cancer, and other illnesses. In an effort to capitalise on the expanding trend, manufacturers of freeze-dried fruits are creating cutting-edge products in response to consumers’ growing health concerns.
Because freeze-dried food contains a variety of fragrant and therapeutic plant components, such as flowers, seeds, stems, leaves, and roots that may deteriorate over time, it is vulnerable to contamination by toxigenic fungus and bacteria.
Some of the herbal plants used to make these dishes, which are powdered mixes, may be dangerous. As a result, there might be increased health risks associated with consuming freeze-dried fruits, which might in some cases restrict market sales.
In an effort to lessen the likelihood of contamination, freeze-dried food producers are paying closer attention to the procedures used in processing frozen fruits and concentrating on a thorough investigation of herbal and aromatic plants.
“Increasing sales of functional foods and dietary supplements in driving the adoption of freeze dried fruits and vegetables in the nutraceuticals sector. In addition to this, manufacturers are striving to achieve optimal processing methods to reduce the chances of contamination within these products, which is expected to steer the growth in the market,” says an FMI analyst.
Key Takeaways:
- Sales in the North America freeze dried food market are expected to account for 25% of the total market share in 2022.
- East Asia will emerge as a lucrative pocket owing to expansion of the food and beverage sector in countries such as China, India, and Japan.
- Based on product type, freeze-dried fruits segment is expected to account for a dominant share of the global market in 2022.
- In case of end use segment, sales in the food and beverage sector are forecast to remain high through 2032.
- By sales channel, the B2B segment will emerge as a lucrative segment over the assessment period.
Competitive Landscape
Nestle S.A., Kerry Group Plc, European Freeze Dry, OFD foods LLC, Molda AG, and others are some of the leading freeze dried food market players profiled by FMI.
Manufacturers operating in the global freeze dried food market are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and to improve sales. For instance:
- In 2020, Nestle introduced a simple solution known as “nesQino”. This aids the consumers to personalize their choices of healthy superfood and beverage made from 100% natural ingredients.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global freeze-dried food market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
Global Freeze- Dried Food Market By Category
By Product Type:
- Fruits
- Strawberry
- Raspberry
- Pineapple
- Apple
- Mango
- Other Fruits
- Vegetables
- Carrot
- Potato
- Corn
- Pea
- Mushroom
- Other Vegetables
- Freeze-Dried Dairy Products
- Freeze-Dried Meat and Seafood
- Freeze-Dried Pet Food
- Prepared Meal
By Nature:
- Organic
- Conventional
By Form:
- Powdered
- Granules
- Diced
By End Use:
- Food & Beverages Products
- Breakfast Cereals
- Dairy Products
- Bakery & Confectionery
- Nutritional Bars & Supplements
- Powdered Beverages
- Snacks
- Retail (household)
By Distribution Channel:
- B2B
- B2C
- Hypermarkets/Supermarkets
- Convenience Store
- Specialty Store
- Food & Drinks Specialty Store
- Independent Small Grocery Store
- Online Retail
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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