According to Future Market Insights, the global freeze dried fruits market is expected to record a CAGR of 7.5% from 2023 to 2033 and reach a valuation of US$ 8.63 billion in 2023. In 2033, it is likely to reach a valuation of US$ 17.82 billion.
The steadily increasing demand for natural ingredients in the confectionery and bakery industries is going to propel the global freeze dried fruits market. The elevated incorporation of freeze dried fruits in daily diets to maintain a healthy weight and reduce the risk of cardiovascular illnesses is also likely to boost the market in the coming years.
Consumers frequently select these as gifts and tokens of generosity, resulting in increased sales of freeze dried fruits. The freeze dried fruits market is expected to record a CAGR of 7.5% during the forecast period.
The freeze dried fruits and vegetable market is likely to expand due to increasing demand as consumers shift towards a more nutritional diet that includes fruits.
Key Players
- European Freeze Dry
- Chaucer Foods Ltd.
- Paradise Fruits Solutions GmbH & Co. KG
- Mercer Foods, LLC
- Döhler Group SE
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Demand for Freeze Dried Fruits (2018 to 2022) vs. Economic Outlook (2023 to 2033)
A comparative analysis and review of market growth rates and potential future directions in the global freeze dried fruit industry are published by FMI every two years. Demographic and advancement factors, which are subject to the arbitrary impact of macro and industry factors, are the main drivers of the market for freeze dried fruits.
Notable Advancements in these Markets Include:
- The demand for freeze fruits and vegetables is increasing as people become more aware of the numerous health benefits of a wholesome, natural diet low in carbs.
- One of the primary market factors is the longer shelf life of freeze dried fruits, which include no artificial additives or preservatives.
- Eating freeze dried fruits on a regular basis can lessen your risk of acquiring heart disease, lymphoma, colorectal cancer, and other disorders. Producers of freeze dried fruit are launching cutting-edge products to capitalize on current trends as consumer health concerns escalate.
In the first half of 2023, the global freeze dried fruits market is likely to grow by 5.0%. This growth is not fairly distributed across all regions, with the emerging freeze dried fruits market expected to witness 5.5% growth.
The key cause for this variation in growth rate is the slow/fast market uptake in the first half of the projection period. Improving end-user demand in big economies with the rapidly rising population.
Consumption habits are changing, particularly in China and India, and demand in the freeze dried fruits market is rising. Numerous other market segments are predicted to progress reasonably and attain excellent growth potential in the forecast period.
Despite this optimistic future, the business faces potential obstacles, including shifting customer preferences, high trade barriers, uncertain raw material sources, and other production concerns.
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How is the Bakery and Confectionery Industry Influencing Freeze Dried Fruits Market Trends?
Freeze dried fruits are created by freezing the fruits and then placing them in a vacuum under very low pressure. Due to their low calorie content, various tastes, and nutrient-rich qualities, they are to be widely used in bread and confectionery items.
Freeze dried fruits and vegetables are to be in high demand due to their increased use in breakfast cereals, snack mixes, bakery items, confectioneries, ice creams, and pastries. Demand for freeze dried fruits is to rise rapidly in the coming years, owing to the aforementioned factors.
Fruits and vegetables that have been freeze dried, such as pineapples, strawberries, raspberries, blackberries, and cranberries, are increasingly being utilized in ice creams, bakery products, and other ready-to-eat food items. Due to their extended shelf-lives and numerous applications in healthy diets, freeze dried fruits are to stimulate freeze dried fruits demand.
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Key Segments
Nature:
- Organic
- Conventional
Product Type:
- Whole
- Diced
- Powdered/Granulated
End user:
- 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
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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