Market Size of North America Freeze Dried Products Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.87 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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NA Freeze-Dried Food Market Analysis
The North American freeze-dried product market is projected to register a CAGR of 6.87% over the forecast period.
- There has been a surge in the market for 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. Furthermore, freeze-dried fruits and vegetables in North America have gained popularity in the bakery, confectionery, and breakfast cereals segments over the years.
- Manufacturers are expanding their product portfolio with the launch of freeze-dried foods to cater to the growing demand in the region. The increased pace of logistics transportation with e-commerce platforms prompts manufacturers to launch their products online through their company website.
- Health and wellness concerns have gained momentum among consumers in recent years. They largely seek to consume natural ingredients that provide health benefits to meet their nutritional requirements. Consumers are encouraged to opt for food products containing natural and nutritional ingredients, like freeze-dried fruits and vegetables. Moreover, due to their convenience, longer shelf life, and sensory quality, freeze-dried product is widely preferred in the food industry.