Market Size of China Freeze-Dried Food Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.02 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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China Freeze Dried Food Market Analysis
China's Freeze-Dried Food Market is anticipated to witness a CAGR of 6.02% during the forecast period.
The interest of Chinese consumers in healthy and innovative products formulated with Chinese ingredients is supporting market growth. Also, foreign retail manufacturers are expanding their presence in the country, which is expected to drive market growth. The freeze-dried food market in China is experiencing rapid expansion, due to the increasing consumption of processed food and rising preference for ready-to-eat meals, owing to the rising trend of on-the-go lifestyles of consumers. Owing to the expansion of China's freeze-dried food market the government has been intervening in the market and regulating the market. For example, in November 2021, China launched its new online overseas food manufacturer registration platform, for any businesses wishing to export goods into China. To ensure that food produced abroad met national standards, the country's control of imported food items was strengthened with the introduction of new legislation and a new platform, 18 categories, including those for dairy products, dried fruits, meat and associated products, fish and related products, and other similar items were covered by the regulations.
Furthermore, the technique is ideal for fruit and vegetable products, as freeze-drying technology is most suitable for uncooked food products. However, freeze-drying equipment is comparatively costlier than other dryers, which is a major drawback for small and medium-scale industries. Also, larger freeze-dried pet food pack sizes increase the convenience factor since these products are typically thought of as being more cost-effective due to better benefits per kg and the opportunity to purchase dry food in bulk packs, which saves both time and money. Sales of fresh and freeze-dried durian goods for both the local and export markets are being driven by durian's high production and demand across the region. Another reason why China could be a viable market for the freeze-dried goods market is.