Global Freeze Dried Fruits and Vegetables Market By Type (Fruits, Vegetable), Form (Powders and Granules, Chunks & Pieces, Flakes), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retail, Other Distribution Channel), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Freeze Dried Fruits and Vegetables Market
Global freeze dried fruits & vegetables market is registering a substantial CAGR of 7.40% during the forecast period of 2019-2026. Increase in demand for packaged products (foods, dried fruits and vegetables) may propel the market to grow.
Market Definition: Global Freeze Dried Fruits and Vegetables Market
Freeze dried or lyophilized products are the food products which has long shelf life under particular temperature. Lyophilisation is a process that preserves most of the aroma compounds and nutrients from the original dried fruits and vegetables. This process is carried out at very low temperature in order to freeze the food products. The process involves in freezing food products are removal of moisture in a vacuum chamber, and then sealing it in an air tight container. The demand for the dried food products are increasing due to increase in population as well as change in lifestyle of people around the world.
- High population globally; this factor is expected to drive the growth of the market
- Increasing disposable income; this factor is expected to drive the growth of the market
- Penetration of different retail formats; this factor is expected to drive the growth of the market
- Increase in demand for packaged food items; this factor is expected to drive the growth of the market
- Lack of awareness about the products (freeze dried fruits and vegetables); may restrict the growth for the freeze dried fruits & vegetables market
- High cost of the product; may restrict the growth for the freeze dried fruits & vegetables market
- High cost of freeze drying equipment; may hamper the growth of the market
Segmentation: Global Freeze Dried Fruits and Vegetables Market
- Powders and Granules
- Chunks & Pieces
By Distribution Channel
- Convenience Stores
- Online Retail
- Other Distribution Channel
- North America
- South America
- Rest of South America
- Rest of Europe
- South Korea
- New Zealand
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Key Developments in the Market:
- In August 2018, SouthAm (Chile) launched freeze-dried fruit powders in market. The product is available with no additives as well as Non-GMO. By launching the product in market the company wants to provide the best quality freeze-dried powder in the market globally
- In November 2016, Graham Partners Inc. acquired Mercer Foods LLC. The Mercer Foods LLC is a manufacturer of natural and organic, vegetables, freeze-dried fruits and other items. This acquisition helped the company to strengthen its position in food industry in order to provide clean label and better-for-you snacking in the food industry
Global freeze dried fruits & vegetables market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of rice protein market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global freeze dried fruits & vegetables market are Nestle, European Freeze Dry, Doehler GmbH, SouthAm Freeze Dry, Mercer Foods LLC., Paradise Fruits, Chaucer Foods Ltd, Saraf Foods Ltd, K2B Limited, FREEZE-DRY FOODS, ELENA, Green Rootz, Ruchi Foods LLP., TOTALLY PURE FRUITS Pty Ltd, Freeze Dry Industries, The Forager Food Co. and others.
Research Methodology: Global Freeze Dried Fruits and Vegetables Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market Drivers and Restraints analysis along with the analysis of the market structure