Freeze-Dried Food Market Size

Statistics for the 2023 & 2024 Freeze-Dried Food market size, created by Mordor Intelligence™ Industry Reports. Freeze-Dried Food size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Freeze-Dried Food Industry

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Freeze-Dried Food Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 8.35 %
Fastest Growing Market Asia
Largest Market North America
Market Concentration Low

Major Players

Freeze-Dried Food Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Freeze Dried Food Market Analysis

The freeze-dried food market size is estimated at USD 2.98 billion in 2023 and is expected to reach USD 4.45 billion by 2028, registering a CAGR of 8.35% during the forecast period (2023-2028).

  • Consumers nowadays have become more conscious of their health and well-being. Due to rapid urbanization and busy lifestyles, consumers prefer easy-to-cook and convenient food options, driving the demand for freeze-dried food products. Food service restaurants and cafes mostly use freeze-dried products, such as fruits and vegetables. With the rise of culinary tourism worldwide, the business of food service restaurants has also increased, influencing the market positively.
  • Over the short term, the expanding food-processing sector and massive demand for ready-to-eat (RTE) food products among consumers are anticipated to drive the market. Moreover, the increasing consumer awareness about the negative health impacts of artificial food additives used for food preservation is expected to fuel the demand for natural and healthy food products. Freeze-dried products do not contain additional nutrients, which help preserve the nutrients present in the products. Additionally, the market players are using freeze-drying techniques for products that are heat-sensitive and require longer preservation.
  • For instance, in August 2021, Advik Foods expanded its portfolio by launching a range of freeze-dried milk powder, namely Donkey Milk Powder, Frozen Camel milk, and Frozen goat milk. Such innovations are anticipated to create a positive outlook for the market during the study period.

Freeze Dried Food Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)