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Freeze Dried Food Market– Growth, Trends, and Forecast (2019-2024)

Global Freeze Dried Food Market is segmented by Type (Freeze-Dried Fruit, Freeze-Dried Vegetable, Freeze-Dried Beverage, Freeze-Dried Dairy Products, Freeze-Dried Meat & Seafood, and Prepared Foods), and Geography.

Market Snapshot

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Study Period:

2016-2024

Base Year:

2018

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR% (2019 - 2024):

8.03%

Key Players:

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Market Overview

The global freeze-dried food market is forecasted to reach USD 85.30 billion by 2024, registering a CAGR of 8.03%.

  • The market for freeze-dried foods is fragmented, and the products are not highly differentiated, which lead to reduced switching cost. This provides growth opportunities to new entrants in the market. The freeze-dried food market is gaining popularity and the leading companies are trying to gain sustainable competitive advantage through innovation.
  • There has been a surge in the market for all forms of preserved food, owing to the trend of increasingly busy lifestyles. This, in turn, has resulted in increased demand for quick meal solutions and convenience food. Since preserved food products are easy and fast to prepare, they offer a perfect solution to this problem.

 

Scope of the Report

The global freeze-dried food market report is segmented by type and geography. By type, the market is segmented into freeze-dried fruits, freeze-dried vegetables, freeze-dried beverages, freeze-dried dairy products, freeze-dried meat, seafood, and prepared foods. By geography, the market reveals the major countries, the consumption scenario, and the country, where the market is progressing.

By Type
Freeze-dried Fruits
Freeze-dried Vegetables
Freeze-dried Beverages
Freeze-dried Coffee & Tea
Others
Freeze-dried Dairy Products
Freeze-dried Meat and Seafood
Prepared Foods
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
United Arab Emirates
Saudi Arabia
Rest of Middle East & Africa

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Key Market Trends

Rise in Clean-label Trend in Food and Beverage

In the developed markets, like the Americas and Europe, there is a rising trend of healthy snacks, which offers a great opportunity for the freeze-dried fruit and vegetable market. Consumers demand clean labels on products to gain knowledge about the product that they are about to consume and at what level. Their interest in identifying the ingredients present in the food & beverage products has triggered the growth of the clean-label ingredient market. The growing consumer focus on superior-quality ingredients that meet the clean-label requirement has driven the market. The major products driving the market in such markets are freeze-dried herbs, onions, potatoes, blueberries, cranberries, strawberries, sour cherries, and apples.

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Asia-Pacific is the Fastest Growing Region

Consumers in Asia-Pacific are increasingly purchasing freeze-dried vegetables, such as freeze-dried sweet potato, to make soups, taro porridge, fried taro, and many other traditional Chinese foods and dishes. People are also using a freeze-dried sweet potato to make many desserts, such as the Hot Candied Taro and milky taro tapioca pudding, which is popular in China. In India, consumers have started consuming fruit as a snack, due to which they are increasingly purchasing freeze-dried fruits. Freeze-dried products are also useful for travelers, as they prefer eating a light meal and looking for a convenient way to relish simple and delicious Japanese food. Companies, such as Amano Foods, are continuously using advanced technologies to develop freeze-dried foods that can be eaten anytime and anywhere.

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Competitive Landscape

The freeze-dried foods market is entirely focused on business to consumer where major players in the market include: Ajinomoto, Asahi Group, Harmony house, and Graham partners, among others.  The market is moderately competitive. Product innovation along with expansion is one of the key strategies that global players are adopting in order to stay ahead among competitors. The most active companies, globally, are Ajinomoto, Asahi Group, Harmony house, Graham partners, Expedition Foods, Lyovit, and Paradise fruits, among others. The manufacturers are focusing on expanding and introducing new products according to the consumers’ changing preferences.

 

Major Players

  1. Van Drunen Farms
  2. Kerry
  3. Freeze-Dry Foods
  4. European Freeze Dry
  5. OFD Foods, Inc.

* Complete list of players covered available in the table of contents below

MARKET CONCENTRATION

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Freeze-dried Fruits

      2. 5.1.2 Freeze-dried Vegetables

      3. 5.1.3 Freeze-dried Beverages

        1. 5.1.3.1 Freeze-dried Coffee & Tea

        2. 5.1.3.2 Others

      4. 5.1.4 Freeze-dried Dairy Products

      5. 5.1.5 Freeze-dried Meat and Seafood

      6. 5.1.6 Prepared Foods

    2. 5.2 Geography

      1. 5.2.1 North America

        1. 5.2.1.1 United States

        2. 5.2.1.2 Canada

        3. 5.2.1.3 Mexico

        4. 5.2.1.4 Rest of North America

      2. 5.2.2 Europe

        1. 5.2.2.1 United Kingdom

        2. 5.2.2.2 Germany

        3. 5.2.2.3 France

        4. 5.2.2.4 Russia

        5. 5.2.2.5 Italy

        6. 5.2.2.6 Spain

        7. 5.2.2.7 Rest of Europe

      3. 5.2.3 Asia Pacific

        1. 5.2.3.1 India

        2. 5.2.3.2 China

        3. 5.2.3.3 Japan

        4. 5.2.3.4 Australia

        5. 5.2.3.5 Rest of Asia Pacific

      4. 5.2.4 South America

        1. 5.2.4.1 Brazil

        2. 5.2.4.2 Argentina

        3. 5.2.4.3 Rest of South America

      5. 5.2.5 Middle East & Africa

        1. 5.2.5.1 United Arab Emirates

        2. 5.2.5.2 Saudi Arabia

        3. 5.2.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Nestle SA

      2. 6.3.2 Ajinomoto General Foods Inc. (AGF)

      3. 6.3.3 Asahi Group Company Limited

      4. 6.3.4 OFD Foods Inc.

      5. 6.3.5 Expedition Food

      6. 6.3.6 Thrive Life

      7. 6.3.7 Wise Company

      8. 6.3.8 My Patriot Supply

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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