According to Future Market Insights, the global freeze dried fruits market is expected to record a CAGR of 7.5% from 2023 to 2033 and reach a valuation of USD 8.63 billion in 2023. In 2033, it is likely to reach a valuation of USD 17.82 billion.
Due to their low carbohydrate content and lack of artificial additives, freeze dried fruits are preferred by consumers. The growing need for natural ingredients in the production of bakery and confectionery food products is expected to increase demand for freeze dried fruit and present potential for market producers to generate income in the future.
The Emerging Health-Conscious People is the Potential Growth Catalyst in the Freeze Dried Fruits Market
Rising consumer demand to reduce the risk of cardiovascular illnesses is predicted to raise the consumption of healthy food products, which is likely to fuel freeze dried fruits demand among freeze dried fruits manufacturers and drive market expansion in the coming years.
Increased urbanization, particularly in developing nations, the deployment of enhanced packaging options, and rising disposable income might all contribute to the expansion of the freeze dried fruits industry.
Due to increasing customer demand to acquire freeze dried fruit or freeze dried fruits and vegetables from hypermarkets and supermarkets in key countries globally, offline distribution channels may emerge as a significant revenue contributor to the entire market.
Regional Analysis of the Freeze Dried Fruits Market
North America is expected to be the dominant region in the global organic freeze dried fruit market due to the existence of highly developed food and beverage industries and the rising prevalence of health-conscious people in nations like the United States and Canada. Due to the increased availability of various raw materials in countries such as India and China, Asia Pacific is likely to observe a considerable expansion in the freeze dried fruits market over the forecast period.
In the upcoming years, Europe is anticipated to experience moderate growth due to the waning influence of significant market participants in nations like the United Kingdom and Germany.
Key Takeaways
- The conventional segment in the nature category is likely to record a CAGR of 7.1% from 2023 to 2033.
- The whole segment within the product type category in the freeze dried fruits market is expected to record a CAGR of 6.1% from 2023 to 2033.
- By 2033, the freeze dried fruits market in the United States is anticipated to record a CAGR of 4.7% and is projected to reach a valuation of US$ 2,538.1 million.
- By 2033, the organic freeze dried fruit market in Germany is likely to record a CAGR of 6% and projected to reach a valuation of US$ 663.7 million.
- The market in Spain is anticipated to record a CAGR of 4.3% and is expected to reach a valuation of US$ 206.6 million by 2033.
- The fruit type category’s orchard and citrus fruits section is expected to record a CAGR of 6.1% between 2023 and 2033.
- By 2033, the United Kingdom market is likely to record a CAGR of 7.8% and is projected to reach a valuation of US$ 655 million.
- By 2033, the China organic freeze dried fruit market is likely to record a CAGR of 9.7% and is projected to reach a valuation of US$ 2,686.3 million.
Key Players
- European Freeze Dry
- Chaucer Foods Ltd.
- Paradise Fruits Solutions GmbH & Co. KG
- Mercer Foods, LLC
- Döhler Group SE
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Key Segments
Nature:
- Organic
- Conventional
Product Type:
- Whole
- Diced
- Powdered/Granulated
End user:
- Food & Beverages Products
- Breakfast Cereals
- Dairy Products
- Bakery & Confectionery
- Nutritional Bars & Supplements
- Powdered Beverages
- Snacks
- Retail (household)
Fruit Type:
- Berries
- Strawberry
- Raspberry
- Blueberry
- Cranberry
- Others
- Exotic & Tropical Fruits
- Mango
- Papaya
- Apple
- Guava
- Banana
- Cantaloupe
- Orchard & Citrus Fruits
- Kiwi
- Pear
- Peach
- Lemon
- Orange
- Grapefruits
- Others
Sales Channel:
- B2B
- B2C
- Hypermarkets/Supermarkets
- Convenience Store
- Specialty Store
- Food & Drinks Specialty Store
- Independent Small Grocery Store
- Online Retail
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan
- Middle East & Africa
- Japan
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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