Freeze-Dried Food Market A US$ 54.8 Billion Opportunity for Investors in the Booming Health-Conscious Era, Driven by a 6.8% CAGR

freeze-dried food market
freeze-dried food market

The freeze-dried food market is booming due to increased health awareness, showcasing a 6.8% CAGR, reaching US$ 54.8 billion by 2032. Demand surges for nutrient-rich, organic, and low-carb diets, with freeze-dried fruits and vegetables gaining traction among health-conscious consumers for their extended shelf life and natural attributes.

The freeze-dried food market is anticipated to expand rapidly, with a projected compound annual growth rate (CAGR) of 6.8%, and reach a worth of US$ 54.8 billion by 2032. This increase in demand is a result of growing public awareness of the health benefits of nutrient-dense, organic, and low-carb diets. Health-conscious consumers are increasingly favouring freeze-dried fruits and vegetables due to their extended shelf life and absence of artificial ingredients.

The market for freeze-dried food is expected to develop at an amazing rate—a 6.8% compound annual growth rate—and reach a significant value of US$ 54.8 billion by 2032. The rise in demand is probably due to growing knowledge of the advantages of eating an organic, low-carb, high-nutrient diet. Because of their longer shelf life and absence of chemical ingredients, freeze-dried fruits and vegetables are becoming more and more popular among health-conscious consumers. Because regular consumption of freeze-dried fruits is associated with a lower risk of numerous diseases, these fruits are a popular choice. Producers are expanding the market and meeting the needs of this trend of health-conscious consumers by embracing innovation.

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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.

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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

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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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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