Rising Demand for Freeze-Dried Fruits to boost the Freeze-Dried Food Market: Future Market Insights Study
Future Market Insights Global and Consulting Pvt. Ltd.
7 min read
Future Market Insights Global and Consulting Pvt. Ltd.
By 2034, the USA is expected to represent ~80% of North America's freeze-dried food market revenue. The growth is driven by a strong food & beverages industry and increased consumer adoption of a healthy lifestyle.
NEWARK, Del, Aug. 18, 2024 (GLOBE NEWSWIRE) -- The demand for freeze-dried food is set to witness growth at a CAGR of 6.3% over the forecast period (2024-2034) and top a valuation of USD 55.9 Billion by 2034.
Increasing awareness about various health benefits of nutritional, natural, and low carb diet, is fuelling the demand for freeze-dried fruits and vegetables. One of the key factors driving the market is prolonged shelf-life of freeze-dried fruits without any synthetic ingredient or preservatives.
Regular consumption of freeze-dried fruits can help in reducing the risk of cardiovascular diseases, liver and colon cancer, and other ailments. With rising health concerns among consumers, freeze-dried fruits manufacturers are bound to prosper.
Freeze-dried food is prone to contamination by toxigenic fungi and bacteria as they contain various parts of aromatic and medicinal plants such as flowers, seeds, stems, leaves, roots, and others, which can degrade over time. Freeze-dried fruits are produced with powdered amalgams of various herbal plants which might produce toxins, certain risks are involved with the consumption of freeze-dried fruits, which might restrict the market to an extent.
Freeze-dried fruits manufacturers have become more conscious during the process cycles of freeze-dried fruits and are focusing on a thorough examination of herbal and aromatic plants in order to reduce the chances of contamination. Due to above-listed factors are expected to contribute well the growth of freeze-dried food market in the coming decade.
Key Takeaways from Market Study
North America is expected to account for the maximum value share of the global market of about 25% by 2024 end
Rising consumption of bakery products with freeze-dried fruits as toppings and stuffing in different regions across the globe is predicted to drive the sales of freeze-dried food during the assessment period (2024-2034)
By product type, freeze-dried fruit is expected to account for the maximum market value share of the global market by 2024 end
In case of end use segment, food and beverage industry is expected to account for the maximum market share by 2034 and show an impressive growth over the forecast period (2024-2034)
B2B channel is expected to account for a higher market value share than B2C channel by 2034 end
“Manufacturers of freeze-dried food would gain considerable profits by extensive marketing and increasing their geographic reach among end-users. The ready-to-eat, convenient food and beverage industry would also serve as a major market for freeze-dried food”,saysNandini Roy Choudhury, Client Partner at Future Market Insights.
Competitive Landscape
Manufacturers 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 create a larger customer base.
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.
Key Companies in the Freeze-Dried Food Industry
Kerry Group Plc
European Freeze Dry
Paradise fruits
Chaucer freeze-dried
SARAF foods
Kenegrade Ltd.
Nestle SA
Ajinomoto Co. Inc.
Asahi Group Holdings Ltd
Harmony House Foods Inc.
Lyofood Sp. z o.o.
Mercer Foods LLC
Nuts.com
The Kraft Heinz Co.
Freeze Dry Foods LLC
Mondelez International Inc.
SouthAm Freeze Dry
The Hain Celestial Group Inc.
Molda AG
Unilever Group
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 (2019-2023) and estimation statistics for the forecast period of 2024-2034.
The study offers compelling insights based on freeze-dried food market by product type (fruits, vegetables, freeze-dried dairy products, freeze-dried meat and seafood, freeze-dried pet food, and prepared meal), nature (organic and conventional), form (powder, granules and diced), end use (food and beverage products and retail) and distribution channel (B2B and B2B) across seven (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa) major regions of the world.
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
Explore FMI’s related ongoing Coverage in the Food and Beverage Domain:
The global freeze-dried vegetables market size is valued at USD 102.8 billion in 2024 and is projected to reach USD 187.1 billion by 2034, growing at a CAGR of 13.5%.
The demand for freeze-dried fruits market, valued at USD 8.63 billion in 2023, is expected to grow at a CAGR of 7.5% and reach USD 17.82 billion by 2033.
The freeze-dried pet food market size is set to grow at a 5% CAGR, rising from USD 18,250.07 million in 2024 to USD 29,589.7 million by 2034.
The demand for freeze-dried melt market is expected to reach USD 214.7 million in 2024 and grow at an 8.1% CAGR, reaching USD 460.4 million by 2034.
The demand for dried spices market, valued at USD 5,763.5 million in 2022, is expected to grow at a 4.6% CAGR and reach USD 9,036.5 million by 2032.
The global dried soup market size is projected to grow at a 7.9% CAGR, increasing from USD 2.1 billion in 2023 to USD 4.5 billion by 2033.
The global dried honey market size is expected to grow from USD 780 million in 2022 to USD 1,720 million by 2032, advancing at a CAGR of 7.9%.
The demand for dried eggs market is expected to grow significantly, from USD 2,080 million in 2023 to USD 4,719.6 million by 2033, with a remarkable CAGR of 9% during the forecast period.
Global spray-dried food sales are expected to grow from USD 62.8 billion in 2024 to USD 131.8 billion by 2034, with a robust CAGR of 7.7%.
The global inactive dried yeast market size is estimated at USD 652.3 million in 2024 and is projected to reach USD 1,145 million by 2034, growing at a CAGR of 11.9%.
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 analystsworldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
