Freeze-Dried Food Market Booming US$ 54.8 Billion by 2032 Fueled by Health & Convenience Trends Investor Focus | FMI

The freeze-dried food market is booming due to increased health awareness, showcasing a 6.8% CAGR, reaching US$ 54.8 billion by 2032. Increased demand for low-carb, organic, and nutrient-dense diets; freeze-dried fruits and vegetables are becoming more popular among health-conscious consumers due to their longer shelf life and natural qualities.

The freeze-dried food market is anticipated to expand rapidly, with a projected compound annual growth rate (CAGR) of 6.8%, and reach a worth of US$ 54.8 billion by 2032. This increase in demand is a result of growing public awareness of the health benefits of nutrient-dense, organic, and low-carb diets. Health-conscious consumers are increasingly favouring freeze-dried fruits and vegetables due to their extended shelf life and absence of artificial ingredients.

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The freeze-dried food market is predicted to increase at an incredible rate, with a cumulative annual growth rate (CAGR) of 6.8%, and reach a noteworthy value of US$ 54.8 billion by 2032. Growing awareness of the health benefits of consuming an organic, low-carb, high-nutrient diet is likely the cause of the increase in demand. Health-conscious consumers are increasingly favouring freeze-dried fruits and vegetables due to their extended shelf life and lack of artificial ingredients. Freeze-dried fruits are a popular choice because regular consumption is linked to a lower risk of several ailments. By embracing innovation, producers are broadening the market and satisfying the demands of this health-conscious consumer trend.

The freeze-dried food market will expand at a CAGR of 6.8% during the forecast period, reaching a value of $54.8 billion by 2032.

The demand for freeze-dried fruits and vegetables is rising as people become more and more aware of the numerous health benefits of a nutrient-rich, organic, and low-carb diet.The lengthy shelf life of freeze-dried fruits, which are prepared without the use of artificial additives or preservatives, is one of the key factors driving the market.

Regularly eating freeze-dried fruit can help reduce your risk of getting heart disease, liver cancer, colon cancer, and other illnesses. In an effort to capitalise on the expanding trend, manufacturers of freeze-dried fruits are creating cutting-edge products in response to consumers’ growing health concerns.

Because freeze-dried food contains a variety of fragrant and therapeutic plant components, such as flowers, seeds, stems, leaves, and roots that may deteriorate over time, it is vulnerable to contamination by toxigenic fungus and bacteria.

Some of the herbal plants used to make these dishes, which are powdered mixes, may be dangerous. As a result, there might be increased health risks associated with consuming freeze-dried fruits, which might in some cases restrict market sales.

In an effort to lessen the likelihood of contamination, freeze-dried food producers are paying closer attention to the procedures used in processing frozen fruits and concentrating on a thorough investigation of herbal and aromatic plants.

“Increasing sales of functional foods and dietary supplements in driving the adoption of freeze dried fruits and vegetables in the nutraceuticals sector. In addition to this, manufacturers are striving to achieve optimal processing methods to reduce the chances of contamination within these products, which is expected to steer the growth in the market,” says an FMI analyst.

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Key Takeaways:

• Sales in the North America freeze dried food market are expected to account for 25% of the total market share in 2022.
• East Asia will emerge as a lucrative pocket owing to expansion of the food and beverage sector in countries such as China, India, and Japan.
• Based on product type, freeze-dried fruits segment is expected to account for a dominant share of the global market in 2022.
• In case of end use segment, sales in the food and beverage sector are forecast to remain high through 2032.
• By sales channel, the B2B segment will emerge as a lucrative segment over the assessment period.

Competitive Landscape

Nestle S.A., Kerry Group Plc, European Freeze Dry, OFD foods LLC, Molda AG, and others are some of the leading freeze dried food market players profiled by FMI.

Manufacturers operating in the global freeze dried food market are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and to improve sales. For instance:

• In 2020, Nestle introduced a simple solution known as “nesQino”. This aids the consumers to personalize their choices of healthy superfood and beverage made from 100% natural ingredients.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global freeze-dried food market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Global Freeze- Dried Food Market By Category

By Product Type:

• Fruits
  • Strawberry
  • Raspberry
  • Pineapple
  • Apple
  • Mango
  • Other Fruits
• Vegetables
  • Carrot
  • Potato
  • Corn
  • Pea
  • Mushroom
  • Other Vegetables
• Freeze-Dried Dairy Products
• Freeze-Dried Meat and Seafood
• Freeze-Dried Pet Food
• Prepared Meal

By Nature:

• Organic
• Conventional

By Form:

• Powdered
• Granules
• Diced

By End Use:

• Food & Beverages Products
  • Breakfast Cereals
  • Dairy Products
  • Bakery & Confectionery
  • Nutritional Bars & Supplements
  • Powdered Beverages
  • Snacks
• Retail (household)

By Distribution Channel:

• B2B
• B2C
  • Hypermarkets/Supermarkets
  • Convenience Store
  • Specialty Store
  • Food & Drinks Specialty Store
  • Independent Small Grocery Store
  • Online Retail

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa