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The growing need for processed foods is motivating food producers to introduce new products, thus, providing nutritious and ready-to-eat foods to consumers, with an extended shelf life. In this regard, dehydrated vegetables are rapidly taking charge as a popular snacking option and are being widely accepted by people who like ready-to-eat vegetarian foods. Thus, the growing sales of these products have had a positive impact on the demand for dehydrated vegetables. Furthermore, the demand for dehydrated vegetables is increasing due to the busy lifestyle of people, especially those working in tier-1 cities. In addition, the increasing demand for dehydrated foods to be used as raw ingredients to prepare various food products is likely to create new growth opportunities for the market expansion. Also, the growth of the dehydrated vegetables industry can be attributed to the increased use of the product in fast food chains and its growing popularity as a camp food item.
Some key recent industrial developments have shown the potential to emerge as key drivers for the market expansion over the forecast period. For instance, in January 2019, a major producer and distributor of cooling solution equipment by the name of Ice Make Refrigeration Limited, launched a brand-new food dehydration device for the dehydration of all kinds of food products. In another case, in 2018, a major Indian conglomerate, which goes by the name of ITC Ltd., introduced dehydrated onions through the medium of a popular cooking show known as Master Chef. This product was made available in four prominent cities of India and the company recently expressed its intention of expanding its availability across more cities of the country. Moreover, the easy availability of convenience food products through online platforms like Amazon.com, Inc. (NASDAQ: AMZN) and Alibaba Group Holding Ltd (NYSE: BABA) is expected to significantly contribute to the market growth over the forecast period.
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