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Global Freeze-Dried Fruits and Vegetables Market to Grow at a CAGR of 6.50% During 2022-2027, Aided by the Rising Health Awareness

According to a new report by EMR titled, ‘Global Freeze-Dried Fruits and Vegetables Market Report and Forecast 2022-2027’, the market attained a value of nearly USD 180.3 million in 2021. The industry is further expected to grow at a CAGR of 6.50% between 2022 and 2027 to reach a value of almost USD 262.7 million by 2027.

The global freeze-dried fruits and vegetables industry is being driven by the growing health awareness among consumers, which is leading to a heightened demand for natural and organic produce. Additionally, the increased demand for freeze-dried fruits and vegetables for direct consumption and as an ingredient in the production of confectionery and baked goods, among others is also predicted to bolster the market growth in the forecast period. Furthermore, the increased availability of freeze-dried products across online stores is also expected to contribute to the industry growth. These factors are estimated to positively impact the industry growth in the forecast period.

The growing consumer focus on improved nutritional intake is leading to increased expenditure on a range of freeze-dried fruits and vegetables, which is estimated to significantly catalyse the industry growth in the forecast period. A wide range of freeze-dried fruits and vegetables is available across online platforms such as Amazon (NASDAQ: AMZN). In this regard, the online channel has gained prominence, especially after the COVID-19 outbreak owing to the convenience factor. Online convenience stores offer a wide variety of choices as well as discounts and home delivery services, which makes them a popular option among consumers.

Market Breakup by Production Process, Type, Distribution Channel, and Region:

  • The market is divided, based on production process, into organic and conventional.
  • On the basis of type, the market can be distributed into freeze-dried fruits and freeze-dried vegetables. Among these, the freeze-dried fruits segment can be further divided by type into strawberry, raspberry, pineapple, apple, mango, and others. Meanwhile, the frozen-dried vegetables segment can be further distributed by type into peas, corn, carrot, potato, mushroom, and others.
  • Based on distribution channel, the industry is segregated into supermarkets and hypermarkets, convenience stores, online stores, and others.
  • Region-wise, the global market for freeze-dried fruits and vegetables can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for freeze-dried fruits and vegetables is being driven by the rising health awareness worldwide.
  • The increased demand for freeze-dried fruits and vegetables in the production of confectionery products and baked goods has significantly contributed to the market expansion. 
  • Heightened demand for ready-to-cook and ready-to-consume foods, especially among the working population, is also aiding the industry growth.
  • The rising disposable incomes and improved living standards of the people are further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for freeze-dried fruits and vegetables for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the production processes, types, distribution channels, and major regions of freeze-dried fruits and vegetables.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global freeze-dried fruits and vegetables market are Harmony House Foods Inc., LYO Foods Sp. z.o.o, Mercer Foods, LLC, Freeze-Dry Foods GmbH, Chaucer Foods Ltd., and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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