Air-Dried Food Market 2024-2033: Growth Trends, Forecast & Competitive Landscape

The air-dried food market size has grown strongly in recent years. It will grow from $109.75 billion in 2023 to $118.59 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to traditional food preservation practices, increased consumer demand for convenience foods, extended shelf life of air-dried products, cost-effective preservation method, rise in awareness of food waste reduction.

The air-dried food market size is expected to see strong growth in the next few years. It will grow to $157.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to preservation of nutritional value in dried foods, growth in dehydrated snack consumption, expansion of the snack and convenience food industry, adoption of air drying in home food preservation, demand for lightweight and portable food options, rise in urbanization and busy lifestyles, customization and personalization of air-dried food products, integration of exotic and international flavors. Major trends in the forecast period include technological advancements in drying equipment, innovations in air drying technologies, emergence of new air-dried food varieties, focus on sustainable food processing, collaboration between food manufacturers and technology providers.

Market Overview -
Air-dried food refers to lightweight, compact, and easy-to-carry food items that have been preserved by removing moisture through exposure to air. It provides a convenient and nourishing food source that requires minimal preparation.

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Rising Demand For Convenience Foods Propels Growth In The Air-Dried Food Market
Increasing consumption of convenience foods is expected to boost the growth of the air-dried food market going forward. Convenience food refers to food that has been frozen, dried, or canned and can be heated and made quickly and easily. Air-drying is a convenient food preservation technique that dries out the food to prevent bacterial development, increase shelf life, and decrease the growth of foodborne pathogens. Convenience foods are air-dried foods that are simple to prepare and store, making them a quick and easy alternative to foods that need refrigeration. For instance, in July 2023, according to Food and Drinks Malaysia by SIAL Group, a Malaysia-based food and beverage exhibition, the Malaysian convenience food sector increased by 3.0% in volume in 2023 and is expected to reach 7,829.2 kg by 2027. Further, in Malaysia, the revenue from convenience food amounts to $31.84 billion in 2022, which is expected to increase by 5.49% during 2022-2027. Therefore, the increasing demand for convenience foods is driving the growth of the air-dried food market.

Competitive Landscape -
Major companies operating in the air-dried food market report are Nestle S.A., PepsiCo. Inc., Unilever Group, Mars Incorporated, Mondelez International Inc., Asahi Group Holdings Ltd., General Mills Inc., Kellogg Company, Hormel Foods Corporation, Conagra Brands Inc., Ajinomoto Co. Inc., The J.M. Smucker Company, Silva International Inc., Milne MicroDried, Saraf Foods Pvt. Ltd., Royal Ridge Coffee Beans, European Freeze Dry Limited, Dehydrates Inc., Chelmer Foods Limited, Berrifine A/S, B-B Products Pvt. Ltd., BC Foods Inc., Harmony House, Howenia Enterprise Co. Ltd., DMH Ingredients Inc., Freeze-Dry Foods GmbH, La Frubense

Innovative Trends In The Air-Dried Food Market
Product innovations are a key trend gaining popularity in the air-dried food market. Major companies operating in the air-dried food market are focused on innovating new products to sustain their position in the market. For instance, in January 2022, Crispy Green, a US-based producer of freeze-dried fruit snacks, launched Piña Picante, an innovative line of dried pineapple snacks with a flavorful twist. Piña Picante is air-dried with a chewy consistency; every bite provides unique, delicious sensations. Piña Picante starts with premium pineapple from Costa Rica and is infused with unique blends of spices before drying.

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Key Segments -
The air-dried food market covered in this report is segmented -
1) By Product: Fruits And Vegetables, Herbs And Spices, Meat And Seafood, Other Products
2) By Form: Powder, Granules, Flakes
3) By Technique: Hot-Air Dried Food, Freeze Dried Food
4) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Retailers
5) By End User: Processed Food Industry, HoReCa Sector, Household, Other End-Users

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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