The global freeze-dried food market is set to witness growth at a CAGR of 6.8% over the forecast period, reaching a valuation of US$ 54.8 Bn 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 without the use of artificial ingredients or preservatives is one of the main drivers driving the market.
Consuming freeze-dried fruits on a regular basis can help lower the chance of developing heart disease, liver and colon cancer, and other illnesses. Manufacturers of freeze-dried fruits are introducing cutting-edge goods in response to consumers’ growing health concerns in an effort to capitalise on the growing trend.
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As freeze-dried food contains a variety of fragrant and medicinal plant parts, including flowers, seeds, stems, leaves, and roots that might deteriorate over time, it is vulnerable to contamination by toxigenic fungus and bacteria.
These dishes are made from powdered mixtures of several herbal plants, some of which may be toxic. This could limit market sales of freeze-dried fruits to some extent by increasing the likelihood of certain risk factors associated with their intake.
To lessen the likelihood of contamination, freeze-dried food producers are paying more attention to the cycles of processing freeze-dried fruits and are concentrating on a careful study 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.
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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
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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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