The growing need for processed foods is motivating food producers to introduce new products, thus, providing nutritious and ready-to-eat foods to consumers, with an extended shelf life. In this regard, dehydrated vegetables are rapidly taking charge as a popular snacking option and are being widely accepted by people who like ready-to-eat vegetarian foods. Thus, the growing sales of these products have had a positive impact on the demand for dehydrated vegetables. Furthermore, the demand for dehydrated vegetables is increasing due to the busy lifestyle of people, especially those working in tier-1 cities. In addition, the increasing demand for dehydrated foods to be used as raw ingredients to prepare various food products is likely to create new growth opportunities for the market expansion. Also, the growth of the dehydrated vegetables industry can be attributed to the increased use of the product in fast food chains and its growing popularity as a camp food item.
Some key recent industrial developments have shown the potential to emerge as key drivers for the market expansion over the forecast period. For instance, in January 2019, a major producer and distributor of cooling solution equipment by the name of Ice Make Refrigeration Limited, launched a brand-new food dehydration device for the dehydration of all kinds of food products. In another case, in 2018, a major Indian conglomerate, which goes by the name of ITC Ltd., introduced dehydrated onions through the medium of a popular cooking show known as Master Chef. This product was made available in four prominent cities of India and the company recently expressed its intention of expanding its availability across more cities of the country. Moreover, the easy availability of convenience food products through online platforms like Amazon.com, Inc. (NASDAQ: AMZN) and Alibaba Group Holding Ltd (NYSE: BABA) is expected to significantly contribute to the market growth over the forecast period.
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Market Analysis by Product Type, Form, Technology, Distributional Channel, End Use, and Region:
- The market on the basis of product type can be divided into carrots, beans, onions, tomatoes, peas, corn, broccoli, mushroom, cabbage, and others.
- Based on form, the industry can be divided into powder and granules, minced, slices and cubes, chopped and flakes, and others.
- By technology, the market is divided into vacuum drying, air drying, freeze drying, drum drying, and others.
- The market is divided based on distributional channel into supermarket and hypermarket, convenience stores, online, and others.
- On the basis of end use, the industry can be segmented into retail, food service, and others.
- The regional markets for dehydrated vegetables include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Key Findings of the Report:
- The rising demand for convenience food products due to hectic lifestyles is a key driver for the market.
- The introduction of improved drying technologies is expected to propel the market growth.
- The growing awareness regarding the importance of eating healthy food is likely to have a positive impact on the progress of the industry.
- The growing retail sector, coupled with the rising number of options on shelves, is anticipated to enhance the sales of the product.
Key Offerings of the Report:
- The EMR report gives an overview of the global market for dehydrated vegetables for the periods (2018-2023) and (2024-2032).
- The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the product types, forms, technologies, distributional channels, end uses, and regions of dehydrated vegetables.
- It assesses the regional price trends for the (2018-2023) and (2024-2032) periods.
- The market report also analyses the trade data by covering the major importing and exporting countries.
- The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.
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