Freeze-Dried Fruits And Vegetable Market By Application And Distribution Channel: Global Opportunity Analysis And Industry Forecast, 2023-2029

Market Overview:

The Global Freeze-Dried Fruits And Vegetable market was estimated at USD 31.14 billion in 2021, and is anticipated to reach USD 49.58 billion by 2028, growing at a CAGR of 6.87%.

Freeze drying also called lyophilization, is a well-known technique for the production of high-quality food powders and solids. Freeze-drying, or lyophilization, removes moisture from raw, frozen fruits and vegetables through a vacuum system and this process is called sublimation. Freeze drying is a preferred method for drying foods containing compounds that are thermally sensitive and prone to oxidation since it operates at low temperatures and under high vacuum.

Freeze-dried foods can be easily moved at normal temperatures, can be stored for a long period of time, and consumed with a minimum of preparation. The freeze-drying process offers huge advantages like the flexibility to remove moisture content and preserve almost any fruit or vegetable. Also, the advantage of freeze-drying mainly lies in the ability to produce clean, whole, and nutritious food ingredients with a highly prolonged shelf life, making food products versatile, accessible, and convenient.

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Market Dynamics:

Driver:

The increasing demand for ready-to-cook and ready-to-eat food is primarily boosting the market demand. Also, increasing focus on creating products with longer shelf life and reducing food waste are also driving the demand for freeze-drying fruits and vegetables. For instance, as per foodbank statistics, nearly 45% of the world's fruits and vegetables go to waste almost every year, and this loss costs the global economy about $990 billion annually, and hence to create a Zero Hunger world and achieve world Sustainable Development, solutions like freeze-drying or lyophilization of foods is important.

Opportunities:

The growing demand for healthy snacks among consumers along with the rising product innovation is estimated to aid the growth of the market. Moreover, the rising adoption of freeze-dried fruits and vegetables in the daily diet of consumers to maintain a healthy weight and minimize the risk of several health disorders is also expected to boost the market in future years.

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The Report Will Include A Major Chapter

•Patent Analysis
•Regulatory Framework
•Technology Roadmap
•BCG Matrix
•Heat Map Analysis
•Price Trend Analysis
•Investment Analysis
•Company Profiling and Competitive Positioning
•Industry Value Chain Analysis
•Market Dynamics and Factors
•Porter's Five Forces Analysis
•Pestle Analysis

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.

Market Segmentation

Based on the product type, the fruits segment accounted for the largest share in the market during the forecast period. Fruits are the main product segment registering for more than one-third of the overall industry size in 2018. Growing usage of freeze-dried fruit powders for making juices and other beverages will turn the segment's growth. Rising health awareness regarding the benefits of eating fruits helps to drive the market.

Based on the form, the powder segment is probably to reach the maximum market during the forecast period. Powders are mostly utilized in making juices, soups, and other such beverage items. Rising consumption of packages food products will turn the segment's market development in the projected period.

Based on the distribution channels, supermarkets/hypermarkets are a key distribution channel that is mostly preferred in emerged regions such as North America and Western Europe. The high developmental region with gaining popularity for the packaged food products are the factor responsible to gain the market for this segment.

Based on the application, the bakery and snacks application segment registered the maximum market share during the forecast period owing to gaining popularity for the ready-to-eat and packaged food products. Furthermore, the busy lifestyles of the people especially in the developed and developing regions have a high demand for the processed food with various additives leads to the growth of the bakery and snacks segment.

By Type:

•Fruits
•Vegetables
•Coffee Beans

By Form:

•Powder
•Granules
•Flakes
•Chunks/Pieces

By Application:

•Food & Beverages
•Ice-cream & Desserts
•Soups & Juices
•Others

By Distribution Channel:

•Supermarkets/Hypermarkets
•Convenience Stores
•Online Retailers

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Regional Analysis for Freeze-Dried Fruits and Vegetables Market:

In terms of revenue, North America captured the majority of the share in the freeze-dried fruits and vegetable market owing to an increase in income level and high demand for packaged food in the European countries. North America is a major freeze-dried fruits and vegetable market registering maximum market share over the forecast period. Remarkably growth in the U.S. packaged food industry will be the major factor turning the North American market in the forecast period.

By Region:

•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
•Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of SA)

Key Players For The Global Freeze-Dried Fruits and Vegetables Market

•European Freeze Dry LTD (Denmark)
•Döhler (Germany)
•Paradise Fruits Solutions (Germany)
•Sleaford Quality Foods Ltd (UK)
•Swadhika (India)
•Unilever (UK)
•Chaucer Foods Ltd (UK)
•Ruchi Foods LLP (India)
•Ekotera (Italy)
•Kruffs LLC (Turkey)
•Totally Pure Fruits (Australia) The J.M. Smucker Company (US)
•Van Drunen Farms (US)
•Mercer Foods (US)

Key Industry Development in Freeze-Dried and Vegetable Market:

In February 2021, Dole Food Company combine with Total Food Produce to extend its supply chain. This will help the companies to reach maximum consumers and become a renowned name in the North American region.

In June 2021, Sow Good INC. a Texas-based company has launched six ready-to-make smoothies and nine snacks to eliminate fruits and vegetable wastage. The company aims to become eccentric in freeze-dried smoothies and snacks in North America.

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Table of Content:

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Form
 3.3 By Application
 3.4 By Distribution Channel

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Freeze-Dried Fruits And Vegetable Market by Type
 5.1 Freeze-Dried Fruits And Vegetable Market Overview Snapshot and Growth Engine
 5.2 Freeze-Dried Fruits And Vegetable Market Overview
 5.3 Fruits
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Fruits: Grographic Segmentation
 5.4 Vegetables
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Vegetables: Grographic Segmentation
 5.5 Coffee Beans
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Coffee Beans: Grographic Segmentation

Chapter 6: Freeze-Dried Fruits And Vegetable Market by Form

Continued…

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