Press release
COVID-19 Impact Affects Dehydrated Vegetable Market Globally in 2020; Key Players-BTSA Biotecnologías Aplicadas, Cayman Chemical Company, Chihon Biotechnology Co., Ltd. and more
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Some of the companies operating in the global dehydrated vegetables market are
• Archer Daniels Midland Company
• Hansen Holding A/S, Kalsec Inc., Inc
• Merck KGaA, Zhengzhou Bainafo Bioengineering Co.
• Galactic S.A
• Kerry Group Plc
• Wiley Organics, Inc. (Organic Technologies)
• Kemin Industries, Inc.
• Dumoco Co. Ltd
• I. du Pont de Nemours
• MAYASAN Food Industries A.S.
• Naturex SA
• BTSA Biotecnologías Aplicadas
• Cayman Chemical Company
• Chihon Biotechnology Co., Ltd.
• Handary S.A. and Siveele B.V., among others.
Handary S.A. and Siveele B.V., among others.
According to the study, the market is anticipated to be dominated by the dehydrated beans segment on the basis of segmentation by product type. The demand for dehydrated beans is anticipated to be high in the forecast duration as well owing to the surplus amount of fibres, protein, antioxidants, vitamins, and other important minerals present in beans.
On the other side, the demand of dehydrated vegetables from food product manufacturers is anticipated to generate highest revenues in the forecast period on the basis of categorization by end users.
This is because of the higher demand for ready-to-eat and processed vegetables on a worldwide basis. The demand for these vegetable products is usually from developed nations such as Germany, Canada, the U.S., and others.
Increasing Demand for Processed Food to Boost Market
Dehydrated vegetables are utilized for producing food products namely instant noodles, soup, snacks, and others. Dehydrated vegetables are so named because of the moisture content removed from them for longer shelf life. Various techniques namely vacuum drying, freeze drying, and spray drying, among others are used for dehydrating vegetables.
The major factor boosting the global dehydrated vegetables market is the rising demand for processed and ready-to-eat food products that contains a good proportion of vegetable content in them.
However, the market may face challenges in terms of political and climatic factors. In addition, increasing practice of eating healthy and making healthy choices is also making consumers abstain from consuming processed food. This may hamper the market in the long run.
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Asia Pacific to Emerge as Major Vegetable Exporters Worldwide with Major Agriculture-based Nations namely India Supporting Growth
Fortune Business Insights foresees the global dehydrated vegetables market to hold dominance by North America. Reasons for such great revenue generation in this region are the high demand for processed and ready-to-eat food products. Another important factor boosting the market in North America is the presence of a well-established agricultural sector.
On the other side, European countries are demanding for dehydrated vegetables and this may turn to be fruitful for the region in the coming years. The increasing demand for nutrition-rich and healthy ready-to-eat food products may help the market in Europe earn generous revenues during the forecast duration.
Furthermore, the Asia Pacific market is also anticipated to grow at a remarkable pace in the coming years on account of the presence of agriculture-based nations such as India, and China. This is further prognosticated to be the major vegetable exporter worldwide.
Major Segmentation includes;
By Vegetable Type
• Potato
• Cabbage
• Beans
• Carrot
• Tomato
• Onion
• Mushroom
• Pea
• Others
By Nature
• Organic
• Conventional
By Technology
• Spray Drying
• Freeze Drying
• Vacuum Drying
• Drum Drying
• Others
By End-user
• Food Product Manufacturers
• Food Service & Retail
• Household
• Others
By Geography
High Competitive Landscape on Account of Multiple Players Boosting Market Revenue
Major players are focussing on incorporating advanced processes and technologies for improving the quality of food products. Companies are coming into strategic collaborations with other companies in order to work on achieving better goals and generate higher revenues to the market while they still stay on the top of the competition.
Other strategies adopted by vendors of the market include merger and acquisitions, high investments in research and development and new product launches. Such strategies are anticipated to generate higher revenues for the dehydrated vegetables market in the forecast period.
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