Dried Vegetable Market to Surpass USD 24.03 Billion by 2030

The Dried Vegetable Market size was valued at USD 16.41 Bn. in 2023 and the total Dried Vegetable Market revenue is expected to grow by 5.6 % from 2024 to 2030, reaching nearly USD 24.03 Bn.

Dried Vegetable Market Overview:

Dried vegetables are produced by removing moisture from fresh produce, thereby extending shelf life and concentrating flavors without compromising nutritional value. This preservation method has gained popularity across various sectors, including food processing, convenience food production, and retail, due to its ability to reduce food waste and provide year-round availability of seasonal vegetables.

The versatility of dried vegetables allows for their incorporation into a wide range of products, such as soups, sauces, ready-to-eat meals, and snacks. Their lightweight and nutrient-dense nature also makes them a preferred choice among hikers and travelers seeking convenient and healthy food options.

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Dried Vegetable Market Dynamics:

The market's growth is fueled by increasing consumer awareness of the health benefits associated with dried vegetables, including their high fiber content and concentrated nutrients. Advancements in drying technologies, such as freeze-drying and air-drying, have improved product quality, texture, and shelf stability, further enhancing consumer appeal.

Additionally, the rise in demand for convenience foods has led to greater utilization of dried vegetables in products like instant noodles, dehydrated soups, and meal kits. Retail channels, including supermarkets and specialty stores, have expanded their offerings to meet the growing consumer preference for healthier and more convenient food choices.

Dried Vegetable Market Outlook and Future Trends

The Asia-Pacific region is anticipated to lead market growth, driven by increasing urbanization, changing dietary habits, and a growing middle-class population seeking convenient and nutritious food options. Innovations in drying technologies and sustainable practices are expected to further propel market expansion in this region.

In North America and Europe, the market is expected to benefit from heightened health consciousness and demand for plant-based diets. Manufacturers are focusing on developing organic and non-GMO dried vegetable products to cater to these health-oriented consumer segments.

Key Recent Developments:

Vietnam: In August 2023, Upfood, a Vietnamese company, collaborated with Blendhub to develop a solar-powered vegetable dryer aimed at reducing production costs and enhancing sustainability. The dryer, capable of processing up to 1 million tons of fresh produce daily, is expected to significantly impact the dried vegetable industry in Vietnam.

Thailand: Thai food processing companies are increasingly investing in advanced drying technologies to improve the quality and shelf life of dried vegetable products, aiming to meet the rising export demand in global markets.

Japan: Japanese firms are focusing on developing premium dried vegetable products using traditional drying methods combined with modern technology to cater to both domestic and international markets seeking high-quality, artisanal food products.

South Korea: South Korean companies are expanding their dried vegetable offerings, incorporating them into popular snacks and ready-to-eat meals to meet the growing domestic demand for healthy and convenient food options.

Singapore: Singaporean startups are leveraging innovative drying techniques to produce nutrient-rich dried vegetables, targeting health-conscious consumers and exploring export opportunities in neighboring countries.

United States: In September 2023, Texas-based Sow Good Inc. launched a new line of freeze-dried vegetables, including broccoli, cauliflower, and sweet potatoes, emphasizing nutrient retention and convenience . Additionally, Illinois-based Ingredion Inc. acquired Kerr Concentrates, a Canadian manufacturer of dehydrated fruits and vegetables, to strengthen its position in the North American market.

Europe: European companies are focusing on sustainable practices and product innovation in the dried vegetable sector. For instance, in January 2024, NRGene Technologies introduced Supree, a FoodTech subsidiary specializing in semi-dried tomatoes, catering to the growing demand for natural ingredients in processed foods.

Dried Vegetable Market Segmentation

by Vegetable Type

Leafy vegetables
Root vegetables
Legumes
Brassica vegetables
Others

by Type

Freeze Dried
Air Dried
Spray Dried
Drum Dried
Vacuum Dried

by Distribution Channel

Direct sales (B2B)
Retail sales (B2C)
E-commerce

by Delivery Options

Home Delivery
In-Store Pickup

by End Use Industry

Food processing industry
Convenience food production
Retail
Others

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Some of the current players in the Dried Vegetable Market are:

1. BCFoods
2. FuQiang Dehydrated Vegetables Co.
3. Harmony House Foods, Inc.
4. Jain Irrigation Systems
5. Jaworski Vegetable Drying Plant
6. Kanghua
7. Kerry Group plc
8. Krusha Premium Industries Pvt. Ltd.
9. Maharaja Dehydration
10. Mercer Foods, LLC
11. Natural Dehydrated Vegetables
12. Nestle SA
13. Olam
14. Richfield
15. Rosun Dehydration
16. Seawind Foods
17. Sensient Technologies Corporation
18. Silva International
19. Steinicke
20. Zhongli

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