Freeze Dried Food Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Market Overview

The global freeze-dried food market is projected to grow at a CAGR of 8.03% during the forecast period (2020 - 2025).

• The growth of the food-processing sector and the high demand for ready-to-eat or convenience food products among global 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, RTE food items, dairy, beverages, and bakery and confectionery products.
• Moreover, the ease of processing heat-sensitive food products, like fruits and vegetables, and providing them with a prolonged shelf life, without hampering the original properties, are the major driving factors for the global freeze-dried food market.
• During the peak time of COVID-19 pandemic, the concerns over food supply due to t the lock down and disterbance in supply chain, globally, have seen impacted the consumers increasingly turn to the ambient category. A core appeal is the long shelf-life of products in this segment as it enables people to stock up their pantries. Owing to which the market has seen a sudden growth especially during the peak buying months.
• The market offers a great opportunity for the application of freeze-drying technique in the preparation of pet food. This is primarily due to the convenience associated with serving freeze-dried products to pets and the easiness in the procurement of items in greater quantities at a time, without worrying about the storage duration.

Scope of the Report

The global freeze-dried food market is segmented by product type, distribution channel, and geography. By product type, the market is segmented into fruits, vegetables, freeze-dried poultry, freeze-dried meat and sea-food, and other freeze-dried foods. By distribution channel, the market studied is segmented into supermarkets/hypermarkets, convenience stores, online stores, and other distribution channels. It provides an analysis of emerging and established economies, across the world, comprising North America, Europe, South America, Asia-Pacific, and Middle East & Africa.

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Key Market Trends

Popularization of Adventure Sports and Expeditions

Freeze-dried food is becoming increasingly popular among global consumers, especially in North America and Europe, as the corresponding technique retains the original flavor and taste of the food product, while also providing a long shelf life. Thus, the enthusiasts going on expeditions prefer freeze-dried foods, to fulfill their nutritional requirements throughout their tour. The demand for freeze-dried food products is high due to their availability in multiple categories. 

The most prevalent ones are meals, bakery products, cereal products, fruits snacks, and vegetable snacks, among others. Therefore, numerous companies have started the retailing of freeze-dried food products through online channels, focusing on expedition activities. For instance, Expedition Foods Limited categorized freeze-dried foods according to the calorie content, on its online platform, to make it easier for the buyers to select the foods as per their requirement. Consequently, the growing consumer interest in adventure sports and expeditions plays a significant role in the growth of the market studied.

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