north-america-freeze-dried-product-market
Published

APR 2018

North America Freeze-dried Food Market - Segmented by Type and Geography (2018 - 2023)

Purchase Report
$3850
Single user license
$4000
Team license
$8250
Corporate license

Market Insights

The North American freeze-dried food market was estimated at USD 16.3 billion in 2016, and is expected to register a CAGR of 6.87% during the forecast period (2018-2023).

North America is the largest market for freeze-dried foods. It accounted for 34% of the total market by the end of 2016. High disposable incomes, high consumption of processed food, and high per-capita food consumption in general account for this market size. The United States, Canada, and Mexico are the three major countries in terms of consumption of freeze-dried food products, with the United States being the largest market in North America.

Market Dynamics

The primary factor driving the freeze-dried food market in North America is the superior product quality compared to other drying technologies. The final product has an excellent shelf-life without any added preservatives, making it a profitable product during the supply chain. Moreover, the products have an original shape and are light in weight, which make them convenient for transportation.

In developed regions, such as North America, its application in healthy snacks is growing at a faster rate, which is a major driver for the market. The busy lifestyles of the consumers are encouraging them to opt for freeze-dried food products, due to their convenience, long storage time, quick rehydration, and superior sensory quality. Moreover, the intact nutritional profile of freeze-dried products, same as the original form, is driving the North American consumers to opt for these products. Freeze-dried food can be stored for a longer duration at home or on a journey, and requires no time for cooking, which has increased its demand.

Market Segmentation

The North American freeze-dried food market is segmented by application and geography. Freeze-dried fruit is the most preferred category of freeze-dried foods. Freeze dried fruit dominates the market, followed by vegetables. Freeze dried beverages are growing at a faster rate due to the growing demand for functional beverages. The major segments based on geography include: the United States, Canada, Mexico, and others. Freeze-dried foods, such as, freeze-dried meat & sea food and freeze-dried dairy products, are gaining popularity among the consumers because of their shelf-life.

Regional Analysis

The United States is the largest freeze-dried food market in North America, occupying almost half of the market share in the region. Mexico is the fastest growing country in the region.

                        

Key Developments

  • July 2017 - Nestec, a subsidiary of Nestlé, signed a Technology Evaluation and License Option Agreement with EnWave Corporation. The deal will see the two companies working together to test EnWave’s Radiant Energy Vacuum (REV) food dehydration technology.
  • March 2017- OFD Foods, an Oregon-based supplier of freeze dried food aimed at the U.S. military, outdoors and other markets, is set to open a USD 25 million manufacturing in Henrietta.

Competitive Landscape

The major players include - Augason Farms, Emergency Essentials, Freeze-Dry Foods, Heinz Wattie's, Honeyville, Mercer Foods, Mondelez International, Mountain House, Nestle, OFD Foods, Thrive Life, Uniliver, Van Drunen Farms, and Wise Company, among others.

Reasons to Purchase the Report

  • Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
  •  Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth opportunities of the market in the years to come
  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
  • Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market
  • Competitive landscape involving the market shares of major players, along with the key strategies adopted for development in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • 3 month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

  • This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs.
Purchase Report
$3850
Single user license
$4000
Team license
$8250
Corporate license
Our Clients Include View All

Looking to Customize Report?