Global Freeze-Dried Food Market Report and Forecast 2024-2032

Global Freeze-Dried Food Market Outlook

The global freeze-dried food market is expected to grow at a CAGR of 8% in the forecast period of 2024-2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

High Heat-Sensitivity of Food Products like Fruits and Vegetables to Bolster the Growth of the Freeze-Dried Food Industry

Based on product type, freeze-dried fruits and freeze-dried vegetables together accounted for a significant share in the market owing to their high demand for preparing various packaged food formulations. Thus, the increased utilisation of freeze-dried fruits and vegetables to prepare packaged food formulations like soups, juices, confectionaries, and bakeries, among others has been driving the growth of the overall industry. As freeze drying facilitates the easy handing of heat-sensitive food products, while preserving their flavours and nutritional value, it is witnessing an increased demand. Over the forecast period, the growing demand for freeze-dried foods among enthusiasts going on expeditions and adventure sports to fulfill their nutritional requirements is likely to be a key factor aiding the market growth.

Expansion of Supermarkets and Hypermarket to Bolster the Market Growth

On the basis of distribution channel, supermarkets and hypermarkets account for a significant share in the industry. This can be attributed to the quick and easy access to the product, coupled with the rising purchasing power of consumers particularly in developing economies of the world. Meanwhile, online stores are anticipated to grow at a healthy pace in the forecast period owing to the rising digitalisation, ease of delivery, and attractive discounts offered on various e-commerce platforms.

The Asia Pacific Accounts for a Significant Share in the Market

The geographic expansion of lyophilisation equipment companies and the growing demand for ready-to-eat food products or pre-cooked ready meals are the key factors propelling the growth of the market in the region. Meanwhile, the expansion of supermarkets and hypermarkets and online channels in countries like India and China is expected to enhance the sales of the product over the forecast period.

Freeze-Dried Food: Market Segmentation

Freeze-drying of food refers to the dehydration of food or removal of water from a product after it is frozen and positioned under a vacuum. Through the freeze-drying process, the food nutrients of any fruit or vegetable are preserved.  When freeze-dried foods are prepared for consumption by reintroducing water, they retain much of their colour, physical structure, texture, and flavour.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Based on product type, the market is divided into:

• Freeze-Dried Fruits 
• Freeze-Dried Vegetables
• Freeze-Dried Poultry
• Freeze-Dried Meat and Seafood
• Others

The freeze-dried fruits are further segmented based on type into:

• Strawberry
• Raspberry
• Pineapple
• Apple
• Mango
• Others

The freeze-dried vegetables, based on type, are further segmented into:

• Peas
• Corn
• Carrot
• Potato
• Mushroom
• Others

On the basis of distribution channel, the market is segmented into:

• Supermarkets and Hypermarkets 
• Convenience Stores
• Online Stores
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Increasing Demand for Food Preservation to Boost the Growth of the Freeze-Dried Food Industry

The freeze-dried food industry is driven by the increasing demand for food preservation globally. Various food items such as meat, fish, herbs and food flavourings, fruits and vegetables,  coffee, and eggs, among others go through the process of freeze-drying in order to enhance their shelf life and to preserve the vitamins and minerals, which are essential for the human body. Moreover, freeze-dried food has many advantages, such as they are relatively contamination-free since they have gone through the dehydration process, can be easily transported at normal temperatures, and can be consumed with a minimum of preparation. All these factors are expected to further contribute to the industry growth. However, the high cost associated with the equipment required for this process may hamper the market growth in the forecast period.

Key Industry Players in the Global Freeze-Dried Food Market

The report gives a detailed analysis of the following key players in the global freeze-dried food market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Ajinomoto Co., Inc.
• Asahi Group Holdings, Ltd.
• Harmony House Foods Inc.
• LYO FOOD Sp. z o.o.
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report