Market Size of Europe Freeze-Dried Products Industry
Study Period | 2018 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2018 - 2022 |
CAGR | 6.45 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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European Freeze Dry Food Market Analysis
The Europe Freeze-Dried Products Market size is expected to grow from USD 26.78 billion in 2023 to USD 36.60 billion by 2028, at a CAGR of 6.45% during the forecast period.
The growth of the food-processing sector and the high demand for ready-to-eat or convenience food products among European consumers have considerably increased in recent years, owing to the busy work lifestyle and the increasing working population. These products are easy to store, convenient to handle, and have a short preparation time. Thus, there is an increase in the demand for freeze-dried food products like snacks, ready-to-eat food items, dairy, beverages, fruits and vegetables, and bakery and confectionery products. Companies, such as Chaucer Foods Ltd, Aum Fresh, and European Freeze Dry, are marketing different varieties of freeze-dried fruits, such as bananas, blueberries, cherries, grapes, mangoes, and a combination of fruits, in grab-and-go or convenient snack sizes, depending on the portability requirements of the consumers.
Moreover, the ease of the technique in processing heat-sensitive food products, like fruits and vegetables, and providing them with a prolonged shelf life without hampering the original properties is the major driving factor for the European freeze-dried food market. The rising interest and participation in outdoor sports, awareness about health and wellness, and increasing interest in expedition activities and adventures are the major factors driving the sales of freeze-dried food across the region.