Freeze-Dried Vegetables and Fruits Market value hit $60 billion; Vigorous Growth by 2025 | The Kraft Heinz Company, Olam, Asahi, Mercer Foods, LLC, Freeze-Dry Foods, European Freeze Dry
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Coffee beans is a major product type in the freeze dried vegetables and fruits market. A significant amount of instant coffee available in the market is dried using this technology. The segment will register a revenue above USD 5 billion by 2025 and will gain the market by a steady rate owing to increasing instant coffee demand across the globe.
Online retailers is a distribution channel that has been gaining immense popularity in recent years. Consumers are resorting to ordering packaged food products online owing to a range of factors such as hectic lifestyle, availability of a variety of products on a common platform, ease of payment and increasing internet penetration in developing economies. This distribution channel will gain the market by a CAGR of around 6% in the forecast years.
Chunks/pieces is a key form in which freeze dried food are available in the market. Fruits and vegetables chunks, pieces or slices are majorly used in a wide range of food products such as confectionaries, soups, bakeries, meal boxes, etc. The segment will register a revenue of approximately USD 30 billion by the end of the forecast years.
Companies Profiled based on Business Overview, Financial Data, Product Landscape, Strategic Outlook & SWOT Analysis:
• Mondelēz International
• The Kraft Heinz Company
• The J.M. Smucker Company
• OFD Foods, LLC
• Ajinomoto Windsor, Inc.
• Damtuh Co. Ltd.
• Mercer Foods, LLC.
• Van Drunen Farms
• Freeze-Dry Foods
• ACCELERATED FREEZE DRYING CO LIMITED
• European Freeze Dry
• PRINOVA EUROPE LIMITED
Lack of awareness about the product will be a major factor that may hinder the freeze dried fruits & vegetables market development in the forecast years. Although the product is used in many packaged food formulations, the awareness level among consumers about its advantages is still low, especially in Asia Pacific and Latin America, where fresh fruits and vegetables are consumed at a significant rate. These reasons may hamper the freeze-dried fruits & vegetables industry in coming years.
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Asia Pacific is a high growth market for the freeze dried vegetables and fruits industry. High population, increasing disposable income, and penetration of different retail formats are the major reasons behind the development of the Asia Pacific freeze dried fruits & vegetables market which will register a revenue exceeding USD 15 billion by the end of the forecast years.
Key participants in the global freeze dried vegetables and fruits market includes, Mondelez International, Nestle, The Kraft Heinz Company, OFD Foods, Asahi Group, Olam International, Ajinomoto Co., European Freeze Dry Ltd., Mercer Foods, etc.
Freeze Dried Vegetables and Fruits Market Segmentation:
• Coffee beans
• Powders & granules
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