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Asia Pacific Freeze-Dried Food Market to Soar to US$ 17,769.7 Million by 2032, Growing at 9.72% CAGR

07-19-2024 12:11 PM CET | Food & Beverage

Press release from: Astute Analytica

Asia Pacific Freeze-Dried Food Market to Soar to US$ 17,769.7

The Asia Pacific freeze-dried food market is set to experience remarkable growth, with its value projected to surge from US$ 7,970.4 million in 2023 to an impressive US$ 17,769.7 million by 2032. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 9.72% during the forecast period from 2024 to 2032.

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Strong Market Growth Driven by Increasing Demand

The freeze-dried food sector in the Asia Pacific region is witnessing substantial growth due to a rising demand for convenient, long-lasting, and nutritious food options. The extended shelf life and preservation of essential nutrients make freeze-dried foods highly desirable among consumers. The convenience offered by these products aligns perfectly with the fast-paced lifestyle of modern consumers.

Technological Advancements Fueling Market Expansion

Technological innovations in the freeze-drying process have significantly enhanced the quality and variety of freeze-dried foods available in the market. These advancements ensure the retention of flavor, color, and nutritional value, thereby making freeze-dried foods an attractive option for health-conscious consumers. Additionally, the introduction of sophisticated packaging solutions is contributing to the preservation and appeal of these products.

Key Players in the Asia Pacific Freeze-Dried Food Market

Ajinomoto Co., Inc.
Anyang General Foods co., Ltd.
AlpineAire Foods
Anyang General Foods co., Ltd.
Chaucer Foods Ltd
Fujian Lixing Foods Co. Ltd
General Mills Inc.
Harmony House Foods, Inc.
Nestle SA
Packit Gourmet
Saraf Foods Ltd.
Swastik Foods
Asahi Group Holdings, Ltd.
Eiyoh Co., LTD
Jiffy Foods Japan Ltd. (Kurabo Industries Ltd.)
Omusubi Kororin Honpo Co., Ltd.
Toyota Tsusho Foods Corporation
Other Prominent players

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Market Segmentation Overview:

By Product
Fruits
Seasonal
Regular
Vegetables
Peas
Corn
Potatoes
Others
Dairy Products
Milk
Butter
Cheese
Others
Meat & Poultry
Red Meat
Pork Meat
Poultry Meat
Seafood
Bakery Products
Bread
Pizza Crust
Cakes & Pastries
Others
Soups
Ready Meals
Dumplings
Rice Based
Italian (Pastas)
Indian
Korean
Chinese
Others
Pet Foods
Others

By Distribution Channel
Online
Company Website
E-Commerce Website
Offline
Supermarket/ Hypermarket
Convenience Stores/ Standalone Stores
Others

By End User
Residential
Commercial
HoReCa (Hotel, Restaurants, Café) - Food Service
Travel (Railway/ Airline/ Others)
Educational Institutes
Food Processing Industry
Other Commercial End User

By Country
Japan
China
India
Australia & New Zealand
South Korea
Rest of Asia Pacific

Rising Health Awareness Boosting Market Prospects

The growing awareness about health and wellness among consumers is a key factor propelling the demand for freeze-dried foods. These products are increasingly perceived as healthier alternatives to conventional snacks and meals due to their minimal processing and absence of preservatives. This trend is particularly pronounced among urban populations, who are more inclined towards maintaining a balanced diet amidst their busy schedules.

Expanding Distribution Channels Enhancing Accessibility

The expansion of distribution channels, including online platforms and retail stores, is significantly enhancing the accessibility of freeze-dried foods across the Asia Pacific region. E-commerce platforms, in particular, have played a crucial role in making these products available to a broader consumer base. The convenience of online shopping, coupled with the availability of a wide range of products, is driving the growth of the freeze-dried food market.

Diverse Applications Across Various Sectors

Freeze-dried foods are finding diverse applications across various sectors, including household consumption, foodservice, and institutional catering. The versatility of these products makes them suitable for a wide array of culinary applications, from quick snacks to gourmet meals. This versatility is further bolstered by the increasing trend of outdoor activities and travel, where freeze-dried foods serve as an ideal food solution due to their portability and ease of preparation.

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Market Outlook and Future Prospects

The Asia Pacific freeze-dried food market is poised for sustained growth, driven by continuous innovation, expanding distribution networks, and rising consumer demand. As manufacturers focus on enhancing product quality and diversifying their offerings, the market is expected to witness further expansion. The promising growth prospects present lucrative opportunities for industry players to capitalize on the evolving consumer preferences and technological advancements.

About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us

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Email: sales@astuteanalytica.com
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