Market Size of Asia-Pacific Free-dried Fruits and Vegetables Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.41 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Freeze Dried Fruits & Vegetables Market Analysis
The Asia-Pacific freeze-dried fruits and vegetables market is projected to grow, registering a CAGR of 6.41% during the forecast period (2020-2025).
- The consumers in the Asia-Pacific region tend to be inclined toward health and the quality of their food, which is, in turn, increasing the demand for more premium food and nutrition products. This has led to the entry of numerous European and American suppliers in the freeze-dried fruits segment.
- The freeze-dried fruits and vegetables market in the developing economies, such as China, India, Indonesia, and other Southeast Asian countries, are witnessing rapid expansion, due to the increasing consumption of processed foods and the rising preference for ready-to-eat meals, especially breakfast cereals, owing to the growing trend of on-the-go lifestyles.