Freeze-Dried Fruits and Vegetables Market

SKU: DM2309 | Last Updated On: Aug 03 2022 | Available Formats

> Freeze-Dried Fruits & Vegetables Market Expected to reach a high CAGR of 7.046% By 2029: DataM Intelligence

Freeze-Dried Fruits and Vegetables Market is segmented By Type (Fruits, Berries, Grapes, Peaches, Oranges, Apples, Others, Vegetables, Broccoli, Corn, Beans, Peas, Mushroom, Tomato, Others), By Form (Powder, Segment, Pieces, Slices, Others), By End-User (Restaurants, Food Processor, Beverages, Others), By Distribution Channel (Supermarkets & Hypermarkets, Retail Stores, Specialty Stores, E-commerce Stores, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Freeze-dried fruits and vegetables market size is estimated to reach USD 61.72 billion by 2029, and it is growing at a CAGR of 7.046% during the forecast period (2022-2029). Freeze drying technologies are methods of dehydrating frozen fruits and vegetables under a vacuum. Modern lifestyles and busy schedules are increasing the demand for healthy and convenience foods like freeze-dried fruits. However, the high cost of freeze-drying equipment and the availability of other low-cost drying techniques compared to freeze-drying techniques is restraining the growth of the global Freeze-dried fruits and vegetable market. Geographically, North America holds the largest market share in the freeze-dried fruits and vegetables market with a wide range of innovative fruit preservation technologies.

Due to growing economies and changing lifestyles, the demand for high-quality ready-to-eat food products is increasing. The fruits segment is expected to grow at a higher pace during the forecast period due to its significant rise in usage by the food processor and restaurants to prepare various ready-to-eat foods and dine-in foods over the traditional whole fruits due to its ease of availability and convenience nature. The fruits are light to handle and easy to store under ambient conditions. Europe is the second most dominating region in the global freeze-dried fruits & vegetable market, followed by North America due to a rise in community interests toward ready-to-eat foods and a shift in food processor industry trends regarding freeze-dried foods in regular production activities.

The key players operating in the global freeze-dried fruits & vegetable market includes Mercer Foods, LLC., Paradise Fruits, Van Drunen Farms., Accelerated Freeze Drying Company Ltd., and Totally Pure Fruits Pty Ltd, Berrifine A/S, among many other regional and global companies. Market players are focusing on partnerships & collaborations to increase and improve their product lines. Intense rivalry among top players in the market has started the fierce competition at various levels.

The key players operating in the freeze-dried fruits segment focus on developing novel products in different shapes and forms to attract a wider group of consumers in both households and food processing units. In August 2019, Chaucer launched a new range of freeze-dried fruits for food services in pieces, slices, and granules in various fruits, including strawberry, orange, raspberry, lime, pineapple, and banana.

Market Dynamic

Rapidly growing demand for ready-to-eat food and beverages, coupled with rising demand for innovative fruit solutions with high shelf life and convenience, are primary factors driving the global freeze-dried fruits and vegetables market during the forecast period.

  1. The final product, after freezing and drying, has higher shelf life without any added preservatives. The increased shelf-life makes it an ideal solution during the production of various ready-to-eat foods.
  2. The increased demand for ready-to-eat foods and beverages by the communities across developed and developing nations and the shift in producers' interests towards high-quality & shelf-life ingredients is expected to boost demand for freeze-dried fruits and vegetables globally during the forecast period.
  3. The major food companies worldwide are investing extensively in developing novel ready-to-eat foods in different cuisines to attract a wider group of consumers worldwide.
  4. The companies focus on including freeze-dried fruits in beverages and smoothies and vegetables in ready-to-eat foods in different cuisines to meet the foods' original taste.
  5. The inclusion of freeze-dried fruits and vegetables over natural and fresh will increase the shelf-life, thus boosting the annual sales of products globally.

Market Segmentation

The fruits segment in the global freeze-dried fruits and vegetables market value is estimated to reach USD XX Million by 2026 from the initial value of USD XX Million in 2018. The market is growing at a CAGR of XX% during the forecast period (2019-2026).

The fruits segment in global freeze-dried fruits and vegetables includes berries, grapes, oranges, peaches, apples, and others.

The fruits segment is expected to grow at a higher pace during the forecast period due to its significant rise in usage by the food processor and restaurants to prepare various ready-to-eat foods and dine-in foods over the traditional whole fruits due to its easy availability and convenient nature. The fruits are light to handle and easy to store under ambient conditions.

The food processors and restaurants extensively use these freeze-dried fruits to process pancakes, muffins, frosting & decorations, smoothies, cereals, flavored yogurts, and many others. They are also used to process beverages, including smoothies, shakes, teas, infusions, frappes, hot chocolates, and many others.

These freeze-dried fruits are extensively applied in breakfast cereals, confectionaries, bakery mixes, ice creams, snack mixes, pastries, and many others.

The key players operating in the freeze-dried fruits segment focus on developing novel products in different shapes and forms to attract a wider group of consumers in both households and food processing units.

In August 2019, Chaucer launched a new range of freeze-dried fruits for food services in pieces, slices, and granules in various fruits, including strawberry, orange, raspberry, lime, pineapple, and banana.

Freeze-Dried Fruits and Vegetables Market Scope

Metrics

Details

Market CAGR

7.046%

Segments Covered

 By Type, By Form, By End User, By Distribution Channel, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

Geographical Analysis

The Europe freeze-dried fruits & vegetable market was valued at USD XX million in 2018, which is around XX% of the total freeze-dried fruits and vegetables market value and is expected to grow at a CAGR XX% during the forecast period to reach a market value of USD XX million by 2026. Europe is the second most dominating region in the global freeze-dried fruits & vegetable market, followed by North America due to a rise in community interests toward ready-to-eat foods and a shift in food processor industry trends regarding freeze-dried foods in regular production activities.

High shelf life nature and nutritional content over the natural fruits and vegetables, and rising community preference towards convenient foods boost the market for freeze-dried foods and vegetables across the region during the forecast period. Reducing water in the freeze-dried products means the reduced potential of microorganisms' existence in such a low amount of water.

Germany dominates the European market owing to high awareness among the communities towards freeze-dried fruits and vegetables and minimal availability and minimal availability of fresh tropical production in other seasons. Consumer demands are changing significantly and quickly. The food processors are adapting to the new markets with high-quality alternative products such as plant proteins.

According to the study published by the European freeze Dry, the provider of freeze-dried ingredients to food and beverages companies has observed an increase in sales he freeze-dried vegetables and pulses increased by 1783% during the first six weeks of 2020 compared to the same period in 2019. The key companies operating in Europe freeze-dried fruits and vegetables include GreenField Sp. Z o.o. Sp. k., Nature's Element, and Paradise Fruits are among many others.

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