Market Size of South 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 | 7.06 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Freeze-Dried Product Market Analysis
South America freeze-dried marketis forecasted to reach USD 8.05 billion by 2025. It is expected to witness a CAGR of 7.06% during the forecast period (2020-2025).
- The increasing consumer awareness about the ill-effects of artificial food additives used for food preservation is fueling the demand for natural and healthy food products.
- The high demand for convenience food and other ready-to-eat food and beverage products, owing to busy lifestyles, is further leading to increased consumption of the products in the region.