Freeze Dried Food Market Report – CAGR Status, Market Growth, Trends, Analysis and Forecasts (2018 – 2023) | 360 Market Updates

Latest Report Titled On:- Global Freeze Dried Food Market – Segmented by Type and Geography (2018 – 2023)

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Global “Freeze Dried Food Market” report provides a detailed analysis of the market from 2018 to 2023. Freeze Dried Food market report focuses on market capacity, share, current market trends and upcoming future predictions. Global Freeze Dried Food Market is expected to register a CAGR of approximately 7.01% during the forecast period of (2018 – 2023).

360 MARKET UPDATES Report provides a 360-degree overview of the global Freeze Dried Food Market with special emphasis on all aspects including CAGR Status, drivers, restraints, and opportunities, market and regional segmentation.

Freeze Dried Food Market Report Covers Leading ManufacturersNestle, Kerry, Unilever, Kraft Heinz, Mondelez International, Inc, Chaucer Freeze Dried, DSM, Novartis, Mercer Foods

Get Sample PDF of Report – https://www.360marketupdates.com/enquiry/request-sample/12883643

The global freeze-dried product market is valued at USD 46.9 billion in 2016 and is expected to grow at a CAGR of 7.01% during the forecast period. Freeze-dried food is the best dehydrated food, due to its superior texture and sensory quality after rehydration. Companies such as Kellogg’s use freeze-dried ingredients (strawberries, banana, etc.) in their breakfast cereal products, giving rise to the freeze-dried ingredient market.

Expansion of Preserved Food Market

Primary factor driving the freeze dried food market is the superior quality of its products when compared to other drying technology products. The other factors driving the global freeze-dried food market are the expanding preserved food market, growing urbanization & increased number of working women, the superior product quality offered, and the convenience to the customer. The final product has an excellent shelf-life (up to 25 years) without any added preservative.

Increased shelf-life makes it a profitable product during its supply chain. Moreover, the ingredients retain their original shape, while being light-weight, which makes it convenient for transportation. In the developed regions such as North America and Europe, the application of freeze-dried ingredients in healthy snack items is growing at a fast rate which is another major driver for the market.

Technological advances in freeze-dried products, to explore super foods such as beetroot and elderberry, is the future spotlight of the market. The growing demand for additive-free and natural products is providing a good opportunity for the freeze-dried market. In the developing regions, there is a growing demand for traditional products such as miso soup in Japan, and instant foods. Targeting these product categories can prove to be potential benefits for the market.

The restraining factor for the market is the availability of other drying techniques such as spray drying, and fluid bed drying, which is relatively low-cost than freeze-drying. Freeze-drying equipment is comparatively costlier than other dryers, which is a major drawback for the small and medium scale industries.

Freeze-Dried Fruits Segment Leads the Market
The freeze-dried product market is segmented by the product type that includes freeze-dried fruits, vegetables, beverages, meat and sea food, dairy products, and prepared foods. The freeze-dried fruits market holds the largest share in the freeze-dried product market, which is followed by vegetables, beverages and meat. The freeze-dried fruit segment accounted for almost a 31.7% share of the total of freeze-dried food market in 2016. This segment is expected to grow at 7.4% CAGR during the forecast period.

Fruits and vegetables are heat sensitive products, which are more prone to loss of vitamins and minerals when exposed to high temperature. Freeze-drying technology preserves necessary vitamins and antioxidants during dehydration, which increases its importance among the drying techniques. Freeze-dried beverages are further segmented into tea, coffee, and fruit beverages. The freeze-dried prepared food segment includes freeze-dried soups and prepared meals. This sub-segment is growing at a fast rate due to the excellent nutrition and sensory quality, apart from its instant cooking ability.

Europe and U.S are the Potential Markets
North America freeze dried food market holds the largest market share in the freeze-dried product market with a wide range of innovative food preservation technologies. The United States is the largest freeze-dried food market in North America, holding almost 55% share of the overall freeze-dried food market in the region. Developing regions, such as the Asia-Pacific, are growing at a swift pace due to their fast-growing economies and changing lifestyles. South America and Asia-Pacific are the fastest growing markets due to the increased pharmaceutical and food industries in the regions.

Key Developments
• September 2017: Nestlé has acquired a majority stake in Blue Bottle Coffee, a high-end specialty coffee roaster and retailer based company in Oakland, California.
• March 2017: OFD Foods to open new freeze-dried food plant in New York.

Major Players: NESTLE, KERRY, UNILEVER, KRAFT HEINZ, MONDELEZ INTERNATIONAL, Inc, CHAUCER FREEZE DRIED, DSM, NOVARTIS, MERCER FOODS

Reasons to Purchase this Report

• Analyzing outlook of the market with the recent trends and Porter’s five forces analysis
• Market dynamics which essentially consider the factors which are impelling the present market scenario along with growth opportunities of the market in the years to come
• Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
• Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market
• Competitive landscape involving the market share of major players along with the key strategies adopted for development in the past five years
• Comprehensive company profiles covering the product offerings, key financial information,

Order a Copy Of Freeze Dried Food Market Report  https://www.360marketupdates.com/purchase/12883643

Reasons to Purchase Freeze Dried Food Market Report:

  • Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge. 
  • Analysing various perspectives of the market with the help of Porter’s five forces analysis.
  • The authentication mode is likely to witness the highest adoption of these systems in the market.
  • The regions that are expected to witness the fastest growth during the forecast period.
  • The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel). 

“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”

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