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Asia-Pacific Freeze-Dried Food Market is segmented by Type (Freeze-Dried Fruits, Freeze-Dried Vegetables, Freeze-Dried Beverages, Freeze-Dried Poultry, Meat and Seafood, Freeze-Dried Dairy Products, and Prepared Food) and Geography.
CAGR % (2019 - 2024):
Fastest Growing Country:
Asia-Pacific freeze-dried product market is growing at a CAGR of 9.05% during the forecast period (2019-2024).
Asia-Pacific freeze-dried foods are available as fruits, vegetables, beverages, dairy products, meat and seafood, and prepared foods. The increase in imports of freeze-dried products, such as freeze-dried blueberries, raspberries, and seafood, in countries like China from other countries across the world, is further driving the market growth.
|By Product Type|
|Freeze-dried Dairy Products|
|Freeze-dried Meat and Seafood|
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The presence of local players offering freeze-dried products in Australia is enabling market growth. The players are freeze-drying fresh fruits, vegetables, and other products like meat to add value to foods in terms of long shelf life, light weight and preserved nutrition. The active lifestyle of people in the country makes them to opt for freeze-dried foods. Moreover, retail shops in the country are stocking on freeze-dried products for increased shelf visibility of different freeze-dried food brands and to suit the unique needs of consumers.
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The increasing awareness and consumption of freeze-dried products like freeze-dried strawberries in countries like Japan have led to high demand for the freeze-dried products in the country. THis, in turn, has driven the import of freeze-dried products in the country. Freeze-dried foods are popular in Japan, as they can be easily prepared and are light and compact, with little to no changes in flavor, texture, and nutritional value. As the products that are preserved through freeze-drying retain their flavor and nutrient content, consumers are more often purchasing freeze-dried foods over other instant foods, thereby enabling market growth.
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AJINOMOTO CO.,INC., Asahi Group Holdings, Ltd., Expedition Foods Limited, and Campers Pantry Pty Ltd., are some of the companies leading the freeze-dried foods market in Asia-Pacific region. The manufacturers are focusing on introducing new products such as freeze-dried dairy that are certified gluten-free, and with recipes on the can label. Furthermore, many private labels are also competing with international players in the region by offering a variety of freeze-dried foods through online channels to cater to market demand.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
3.1 Market Overview
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Freeze-dried Fruits
5.1.2 Freeze-dried Vegetables
5.1.3 Freeze-dried Beverages
126.96.36.199 Freeze-dried Coffee and Tea
188.8.131.52 Other Freeze-dried Beverages
5.1.4 Freeze-dried Dairy Products
5.1.5 Freeze-dried Meat and Seafood
5.1.6 Prepared Foods
184.108.40.206 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.1 AJINOMOTO CO.,INC.
6.4.2 Asahi Group Holdings, Ltd.
6.4.3 Expedition Foods Limited
6.4.4 Campers Pantry Pty Ltd.
6.4.5 Harmony House Foods, Inc.
6.4.6 Nestle SA
6.4.7 OFD Foods Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS