The air-dried food business is expected to be worth around USD 92.8 billion in 2022. It is expected to have generated USD 146.4 billion by 2033, with a CAGR of 4.1% during the forecast period, 2023 to 2033. Positive market growth has been influenced by the development of improved packaging materials, such as stand-up pouches, paper packets, as well as wooden packaging.
The high vitamin A concentration in vegetables and fruits like carrots, sweet potatoes, peppers, as well as winter squash allows them to be packed while maintaining their nutritious value. A favorable view toward organically farmed food on a worldwide scale as a result of government regulations that encourage expanding domestic organic production is anticipated to boost market expansion.
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Consumer demand for air-dried foods is driven by several factors:
- Health Consciousness: Consumers are increasingly seeking healthier alternatives to processed snacks and meals, gravitating towards natural and minimally processed food options.
- Convenience: Air-dried foods offer convenience without compromising on nutrition, making them an ideal choice for on-the-go snacking or quick meal preparation.
- Long Shelf Life: With extended shelf life compared to fresh produce, air-dried foods reduce food waste, appealing to environmentally conscious consumers.
The air-dried food market is poised for robust growth, supported by:
- Technological Advancements: Ongoing advancements in air-drying technologies have enhanced efficiency and quality, expanding the range of food products that can be successfully air-dried.
- Expansion of Product Portfolio: Manufacturers are diversifying their product offerings to include a wide array of air-dried fruits, vegetables, meats, and snacks to cater to evolving consumer preferences.
- Rising Environmental Awareness: Increasing awareness about the environmental impact of food production methods has led consumers to opt for sustainable options like air-dried foods, driving market growth.
Recent developments in the air-dried food market include:
- Innovative Packaging Solutions: Companies are investing in sustainable packaging solutions to complement the eco-friendly nature of air-dried foods, reducing plastic waste and enhancing product appeal.
- Nutritional Enhancement: Manufacturers are incorporating functional ingredients and fortification techniques to enhance the nutritional profile of air-dried foods, meeting the demands of health-conscious consumers.
- Market Expansion: The air-dried food market is witnessing expansion into new geographical regions, fueled by increasing global awareness and distribution channels.
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Key Takeaways from the Market Study
- From 2018 to 2022, the worldwide market value of air-dried food increased at a CAGR of about 2.4 percent.
- Coffee beans are expected to account for over fifty percent of the air-dried food industry by 2022.
- In 2022, the powders and granules sector will have a market share of 64%.
- Customers prefer online platforms over supermarkets, hypermarkets, as well as convenience stores because they are less expensive and more convenient.
- Air-dried food is worth $42.1 billion in the North American area.
- In 2022, the United States market for air-dried foods will account for 22.1% of the global market.
- The European region’s Air-dried Food market is worth 18.6 billion dollars, which represents 20% of the worldwide Air-dried Food industry.
Prominent players in the air-dried food market are:
- Saraf Foods Pvt. Ltd.
- Berrifine A/
- La Frubense, BCFoods, Inc.
- Nestle S.A.
- B-B Products (Australia) Pty Ltd.
- FREEZE-DRY FOODS
- DMH Ingredients, Inc.
- HOWENIA ENTERPRISE CO., LTD
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global air-dried food market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the air-dried food market, the market is segmented on the basis of fiber by technique (hot air-dried food, freeze-dried food), product (fruits & vegetables, herbs & spices, meat & seafood, others), form (powder, granules, flakes), and end-user (processed food industry, HoReCa sector, household) across seven major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East and Africa)
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