Freeze-Dried Fruits And Vegetables Market: Trends and Forecast 2024

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Freeze-Dried Fruits And Vegetables Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $52.68 billion In 2028 At A CAGR Of 7.5%.

The freeze-dried fruits and vegetables market size has grown strongly in recent years. It will grow from $36.79 billion in 2023 to $39.46 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growing consumer awareness of health and wellness, increasing demand for convenience foods, expansion of the food processing industry, rising disposable income, globalization of food trade.

The freeze-dried fruits and vegetables market size is expected to see strong growth in the next few years. It will grow to $52.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to growing trend of natural and organic foods, rising demand for healthy snacks, expansion of the retail sector, increasing consumer preference for longer shelf life products, globalization of supply chains. Major trends in the forecast period include technological advancements in freeze-drying processes, innovation in packaging for extended product shelf life, development of new product formulations, increasing use of freeze-dried ingredients in foodservice and culinary applications, rising popularity of exotic and tropical freeze-dried fruits.

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Freeze-Dried Fruits And Vegetables Market Major Segments
The freeze-dried fruits and vegetables market covered in this report is segmented -

1) By Product: Fruits, Vegetables, Coffee Beans
2) By Form: Powders And Granules, Chunks Or Pieces, Flakes
3) By Application: Breakfast Cereal, Soups And Snacks, Ice Creams And Desserts, Bakery And Confectionery, Dips And Dressings, Other Applications
4) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Retailers, Other Distribution Channels

Key Driver - Surging Demand For Health-Oriented Foods Propels Growth In Freeze-Dried Fruit And Vegetable Market

The rising demand for health-oriented food products is expected to propel the growth of the freeze-dried fruit and vegetable market going forward. Health-oriented food products refer to those foods that give people the energy and well-being their bodies require to function. Health-oriented food products such as fruits and vegetables are freeze-dried to extend their shelf lives and to maintain and give the maximum amount of nutrients in a convenient form. For instance, in February 2023, according to Statistics Canada, a Canada-based government agency for statistics, farm-gate sales of fruits and vegetables increased by 13.1% in 2022 to $3 billion in 2021, and fruit and vegetable farm-gate sales climbed by 15.3% and 11.2%, respectively. Therefore, the rising demand for health-oriented food products is driving the growth of the freeze-dried fruit and vegetable market.

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Prominent Trend - Innovative Product Offerings Drive Growth In The Freeze-Dried Fruit And Vegetable Market

Product innovation is a key trend gaining popularity in the freeze-dried fruit and vegetable market. Major companies operating in the freeze-dried fruit and vegetables market are introducing innovative products to sustain their position in the market. For instance, in June 2021, Sow Good Inc., a US-based food and beverage company, launched freeze-dried fruit and vegetable snacks and smoothies. It is the company's first product line, comprising six ready-to-make smoothies and nine snacks. A variety of new and well-known flavors are included in the smoothie lineup, such as acai relief (acai and blueberry), mint to be (banana, coconut, and mint), and berry appetizing (banana and strawberry). Single-ingredient fruits and vegetables, including cherries, edamame, and apples, are offered as packaged snacks.

Freeze-Dried Fruits And Vegetables Market Players
Major companies operating in the freeze-dried fruits and vegetables market report are Olam International Limited, Mondelez International Inc., General Mills Inc., Asahi Group Holdings Ltd., Kellogg Company, Conagra Brands Inc., Ajinomoto Co., Fresh Del Monte Produce Inc., Patanjali Ayurved Ltd., Parle Products Pvt. Ltd., Britannia Industries Ltd., Wise Foods Inc., Van Drunen Farms, Crispy Green Inc., Vadilal Industries Ltd., Annie's Inc., Mercer Foods LLC, OFD Foods LLC, Chaucer Foods Ltd., European Freeze Dry Ltd., Harvest Food Products Co. Inc., Flex Food Limited, BCFoods Inc., Freeze-Dry Foods GmbH, Saraf Foods Ltd., Harmony House Inc., Mother Earth Products, Saipro Biotech Private Limited, Unity Foods LLC, Fujian Lixing Foods Co. Ltd.

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the freeze-dried fruits and vegetables market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the freeze-dried fruits and vegetables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Freeze-Dried Fruits And Vegetables Market Report Structure
3. Freeze-Dried Fruits And Vegetables Market Trends And Strategies
4. Freeze-Dried Fruits And Vegetables Market - Macro Economic Scenario
5. Freeze-Dried Fruits And Vegetables Market Size And Growth
…..
27. Freeze-Dried Fruits And Vegetables Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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