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European Freeze-Dried Product Market is segmented by Type (Freeze-Dried Fruits, Freeze-Dried Vegetables, Freeze-Dried Beverages, Freeze-Dried Meat and Seafood, Freeze-Dried Dairy Products, and Prepared Food) and Geography.
CAGR % (2019 - 2024):
The European freeze-dried product market is forecasted to reach USD 18.96 billion by 2024, growing at a CAGR of 8.27% during the forecast period (2019 - 2024).
European freeze-dried products are available as fruits, vegetables, beverages, dairy products, meat and seafood, and prepared foods. The high shelf-life makes it a profitable product during its supply chain.
|By Product Type|
|Freeze-dried Dairy Products|
|Freeze-dried Meat and Seafood|
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Countries like the Netherlands, United Kingdom, and Germany accounted for the largest importers of dried tropical fruits due to the growing demand for healthy snacking and new product applications such as fruit snacks across the globe. In 2017, The Netherlands, United Kingdom, and Germany accounted for approximately half of total imports. Moreover, with companies developing new products and implementing food safety and social responsibility standards to achieve a competitive advantage, there is an increased demand for freeze-dried products in the region.
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Germany held the largest share of the European freeze-dried food revenues in 2018. Freeze-dried foods are becoming popular in Germany, due to the ongoing trends and societal changes that affect overall food consumption. The freshness, taste, easy preparation, quality, and long shelf life of these foods have further increased its demand among consumers in the country. Furthermore, local players like MSI GmbH players are competing in the market with international players in terms of product visibility and offerings to garner market share, which further drives the market growth in Germany.
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Nestlé, Expedition Foods Limited, and LYOVIT are some of the companies leading the freeze-dried product market in Europe. The companies account for higher market share due to their high global reach, wide product portfolio, and high distribution network. Nestlé offers a wide range of products such as Nestle Gold, a freeze-dried soluble coffee that offers a classic rich and smooth taste of 100% Arabica beans. Such products enables consumers to purchase the products and consume them according to their convenience. Lastly, the companies are also focusing on expanding their production capabilities to garner market share.
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
184.108.40.206 Freeze-dried Coffee and Tea
220.127.116.11 Other Freeze-dried Beverages
5.1.4 Freeze-dried Dairy Products
5.1.5 Freeze-dried Meat and Seafood
5.1.6 Prepared Foods
18.104.22.168 United Kingdom
22.214.171.124 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.2 AJINOMOTO CO., INC.
6.4.3 Asahi Group Holdings, Ltd.
6.4.5 Harmony House Foods, Inc.
6.4.6 Graham Partners
6.4.7 Paradise Fruits
6.4.8 My Patriot Supply
7. MARKET OPPORTUNITIES AND FUTURE TRENDS