Freeze-dried Fruits and Vegetables Market size to exceed $182 Bn by 2032
Published Date: March 2023
Freeze-dried Fruits and Vegetables Market size is projected to reach USD 182 billion by 2032, according to a new research report by Global Market Insights Inc.
Wide-ranging benefits of freeze-dried fruits and vegetables over fresh ones will drive product acceptance. Using freeze-drying method, almost any fruit or vegetable can be preserved, and the moisture content can be reduced. The ability to manufacture pure, whole, and nutritious food ingredients with a significantly extended shelf life is one of the key benefits of the freeze-drying method. It also allows the development of a sheer variety of frozen food products.
Consumer shift from instant coffee to coffee beans
The freeze-dried fruits and vegetables market share from the coffee beans segment is estimated to surpass USD 14 billion by 2032. Global demand for instant coffee is a contributing factor to the rise in demand for freeze-dried coffee beans. Compared to spray-drying coffee, the freeze-drying procedure for coffee beans plays a significant role in maintaining the flavor of the original beans. In the upcoming years, the adoption of instant coffee will be significantly impacted by shifting taste preferences and changing the work habits of consumers.
Prompt consumption of lower-weight flakes
The freeze-dried fruits and vegetables industry from the flakes segment is predicted to exhibit over 7% CAGR between 2023 and 2032. These goods are used as toppings and flavors for various food items. They largely represent a part of the breakfast meal across developed economies as these items have extremely high nutritional value. The lightweight nature of these flakes makes them easier to transport and store. Robust product use across restaurants would augment industry expansion over the forecast years 2023 to 2032.
Browse key industry insights spread across 240 pages with 225 market data tables and 31 figures & charts from the report, “Freeze-dried Fruits and Vegetables Market Size By Product (Fruits, Vegetables, Coffee Beans), By Form (Powders & Granules, Chunks/Pieces, Flakes), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Retailers) & Forecast, 2023 – 2032” in detail along with the table of contents: https://www.gminsights.com/industry-analysis/freeze-dried-fruits-and-vegetables-market
The trend of online shopping to boost product sales
Based on the report, freeze-dried fruits and vegetables market size from the online retailer segment will observe more than 5.5% CAGR from 2023 to 2032. The advantages provided by online retailers, such as the simplicity of placing orders from home without physically visiting any stores, are fueling the online retail segment growth. The lower price assurances and simpler replacements or refunds in the event of product complaints are poised to foster market growth. The emergence of practical payment options such as card payments and cash on delivery, coupled with smartphone-based banking and money transfer systems are attracting customers to adopt online shopping methods.
Availability of instant food solutions in Asia Pacific region
Asia Pacific freeze-dried fruits and vegetables market is expected to cross USD 44 billion by 2032, attributed to the increase in demand for these products from the B2B sector. The region holds the presence of various businesses that provide instant food products and solutions to their customers. The demand for the product is further slated to rise with the spread of e-commerce portals that provide clients with a wide selection of culinary products based on their convenience.
Competitive landscape of the global freeze-dried fruits and vegetables industry
Top companies operating in the freeze-dried fruits and vegetables market are Mondelez International, Inc., The Kraft Heinz Company, OFD Foods, LLC, Ajinomoto Co., Mercer Foods, LLC, Van Drunen Farms, Freeze-Dry Foods GmbH, Accelerated Freeze Drying Company Ltd., Prinova Europe Limited, Nestle SA, Asahi Group, Damtuh Co. Ltd., and European Freeze Dry Ltd.
Companies are initiating new programs for the development of products, mergers, and collaborations. For instance, in August 2022, Thrive Foods acquired Freeze-Dry Foods GmbH to expand its manufacturing capacities. The company aims to increase its geographic scope across the United States even more in the coming years through this collaboration.
