The freeze-dried fruits and vegetables market size has grown strongly in recent years. It will grow from $36.79 billion in 2023 to $39.46 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The expansion observed in the historical period can be ascribed to the heightened consumer awareness of health and wellness, a rising demand for convenience foods, the expansion of the food processing industry, an increase in disposable income, and the globalization of food trade.
The freeze-dried fruits and vegetables market size is expected to see strong growth in the next few years. It will grow to $52.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth in the forecast period can be linked to the increasing trend of natural and organic foods, a heightened demand for healthy snacks, the expansion of the retail sector, a growing consumer preference for products with longer shelf life, and the globalization of supply chains. Noteworthy trends expected in the forecast period encompass technological advancements in freeze-drying processes, innovations in packaging for prolonged product shelf life, the formulation of new products, an augmented utilization of freeze-dried ingredients in foodservice and culinary applications, and a rising popularity of exotic and tropical freeze-dried fruits.
The anticipated surge in demand for health-oriented food products is set to drive the growth of the freeze-dried fruit and vegetable market. Health-oriented food products encompass foods that provide the necessary energy and well-being for optimal bodily functions. Freeze-drying fruits and vegetables is a method employed to extend their shelf life while retaining maximum nutrients in a convenient form. For example, Statistics Canada reported in February 2023 that farm-gate sales of fruits and vegetables saw a 13.1% increase in 2022, reaching $3 billion in 2021. The growth in fruit and vegetable farm-gate sales amounted to 15.3% and 11.2%, respectively. This surge in demand for health-oriented food products is a driving force behind the growth of the freeze-dried fruit and vegetable market.
The expansion of the hospitality industry is also expected to contribute to the growth of the freeze-dried fruits and vegetables market. The hospitality industry encompasses businesses providing services such as accommodation, food and beverage, entertainment, and customer service to guests or travelers. Freeze-dried fruits and vegetables find applications in the hospitality sector to enhance culinary offerings, add flavor to dishes, and provide convenient, long-lasting ingredients for various menu items. Unilever Professional reported in June 2023 that the global hospitality industry was valued at nearly $4.7 trillion in 2023, with forecasts projecting a 23.8% growth over the next four years. Therefore, the expansion of the hospitality industry is a driving factor for the freeze-dried fruits and vegetables market.
A notable trend in the freeze-dried fruit and vegetable market involves product innovation, with major companies introducing innovative offerings to maintain their market positions. For instance, in June 2021, Sow Good Inc., a U.S.-based food and beverage company, launched a product line comprising freeze-dried fruit and vegetable snacks and smoothies. This innovative range includes six ready-to-make smoothies and nine snacks, featuring a variety of flavors such as acai relief, mint to be, and berry appetizing. The lineup includes single-ingredient fruits and vegetables such as cherries, edamame, and apples.
Major companies in the freeze-dried fruits and vegetables market are strategically focused on developing healthy festive ranges, such as freeze-dried fruit stocking stuffers, to offer flavorful and nutritious options and gain a competitive edge. Freeze-dried fruit stocking stuffers are healthy and flavorful snacks made from 100% real fruit without added sugars or preservatives, providing a nutritious and convenient option for holiday gifting. For instance, in November 2023, Oatme Superfood, a Canada-based brand, introduced an on-the-go snack range featuring strawberry, fig, and mango variants. This new line of freeze-dried fruits positions them as a wholesome and flavorful alternative for festive stocking stuffers.
In September 2022, Thrive Foods, a U.S.-based food and beverage manufacturing company, completed the acquisition of Freeze-Dry Foods for an undisclosed amount. This strategic move allows Thrive Foods to expand its manufacturing capacity and extend its geographic reach across the U.S. Freeze-Dry Foods specializes in freeze-dried food products, including fruits, vegetables, and pet treats.
Major companies operating in the freeze-dried fruits and vegetables market report are Olam International Limited, Mondelez International Inc., General Mills Inc., Asahi Group Holdings Ltd., Kellogg Company, Conagra Brands Inc., Ajinomoto Co., Fresh Del Monte Produce Inc., Patanjali Ayurved Ltd., Parle Products Pvt. Ltd., Britannia Industries Ltd., Wise Foods Inc., Van Drunen Farms, Crispy Green Inc., Vadilal Industries Ltd., Annie's Inc., Mercer Foods LLC, OFD Foods LLC, Chaucer Foods Ltd., European Freeze Dry Ltd., Harvest Food Products Co. Inc., Flex Food Limited, BCFoods Inc., Freeze-Dry Foods GmbH, Saraf Foods Ltd., Harmony House Inc., Mother Earth Products, Saipro Biotech Private Limited, Unity Foods LLC, Fujian Lixing Foods Co. Ltd.
Asia-Pacific was the largest region in the freeze-dried fruits and vegetables market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the freeze-dried fruits and vegetables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the freeze-dried fruits and vegetables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary outputs of freeze-dried fruits and vegetables encompass fruits, vegetables, and coffee beans. Fruits subjected to freeze-drying exhibit an extended shelf life while retaining the vitamins and minerals present in fresh produce, enhancing their appeal to consumers. Available in various forms such as powders, granules, chunks, or pieces, and flakes, they find application in breakfast cereal, soups, snacks, ice creams, desserts, bakery and confectionery items, as well as dips and dressings. These products are distributed through diverse channels including supermarkets, hypermarkets, convenience stores, online retailers, and others.
The freeze-dried fruits and vegetable market research report is one of a series of new reports that provides freeze-dried fruits and vegetables market statistics, including freeze-dried fruits and vegetables industry global market size, regional shares, competitors with a freeze-dried fruits and vegetable market share, detailed freeze-dried fruits and vegetable market segments, market trends and opportunities, and any further data you may need to thrive in the freeze-dried fruits and vegetables industry. This freeze-dried fruits and vegetables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The freeze-dried fruits and vegetables market consists of sales of freeze-dried apples, pineapples, kiwis, sweet corn, and carrots. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The freeze-dried fruits and vegetables market size is expected to see strong growth in the next few years. It will grow to $52.68 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth in the forecast period can be linked to the increasing trend of natural and organic foods, a heightened demand for healthy snacks, the expansion of the retail sector, a growing consumer preference for products with longer shelf life, and the globalization of supply chains. Noteworthy trends expected in the forecast period encompass technological advancements in freeze-drying processes, innovations in packaging for prolonged product shelf life, the formulation of new products, an augmented utilization of freeze-dried ingredients in foodservice and culinary applications, and a rising popularity of exotic and tropical freeze-dried fruits.
The anticipated surge in demand for health-oriented food products is set to drive the growth of the freeze-dried fruit and vegetable market. Health-oriented food products encompass foods that provide the necessary energy and well-being for optimal bodily functions. Freeze-drying fruits and vegetables is a method employed to extend their shelf life while retaining maximum nutrients in a convenient form. For example, Statistics Canada reported in February 2023 that farm-gate sales of fruits and vegetables saw a 13.1% increase in 2022, reaching $3 billion in 2021. The growth in fruit and vegetable farm-gate sales amounted to 15.3% and 11.2%, respectively. This surge in demand for health-oriented food products is a driving force behind the growth of the freeze-dried fruit and vegetable market.
The expansion of the hospitality industry is also expected to contribute to the growth of the freeze-dried fruits and vegetables market. The hospitality industry encompasses businesses providing services such as accommodation, food and beverage, entertainment, and customer service to guests or travelers. Freeze-dried fruits and vegetables find applications in the hospitality sector to enhance culinary offerings, add flavor to dishes, and provide convenient, long-lasting ingredients for various menu items. Unilever Professional reported in June 2023 that the global hospitality industry was valued at nearly $4.7 trillion in 2023, with forecasts projecting a 23.8% growth over the next four years. Therefore, the expansion of the hospitality industry is a driving factor for the freeze-dried fruits and vegetables market.
A notable trend in the freeze-dried fruit and vegetable market involves product innovation, with major companies introducing innovative offerings to maintain their market positions. For instance, in June 2021, Sow Good Inc., a U.S.-based food and beverage company, launched a product line comprising freeze-dried fruit and vegetable snacks and smoothies. This innovative range includes six ready-to-make smoothies and nine snacks, featuring a variety of flavors such as acai relief, mint to be, and berry appetizing. The lineup includes single-ingredient fruits and vegetables such as cherries, edamame, and apples.
Major companies in the freeze-dried fruits and vegetables market are strategically focused on developing healthy festive ranges, such as freeze-dried fruit stocking stuffers, to offer flavorful and nutritious options and gain a competitive edge. Freeze-dried fruit stocking stuffers are healthy and flavorful snacks made from 100% real fruit without added sugars or preservatives, providing a nutritious and convenient option for holiday gifting. For instance, in November 2023, Oatme Superfood, a Canada-based brand, introduced an on-the-go snack range featuring strawberry, fig, and mango variants. This new line of freeze-dried fruits positions them as a wholesome and flavorful alternative for festive stocking stuffers.
In September 2022, Thrive Foods, a U.S.-based food and beverage manufacturing company, completed the acquisition of Freeze-Dry Foods for an undisclosed amount. This strategic move allows Thrive Foods to expand its manufacturing capacity and extend its geographic reach across the U.S. Freeze-Dry Foods specializes in freeze-dried food products, including fruits, vegetables, and pet treats.
Major companies operating in the freeze-dried fruits and vegetables market report are Olam International Limited, Mondelez International Inc., General Mills Inc., Asahi Group Holdings Ltd., Kellogg Company, Conagra Brands Inc., Ajinomoto Co., Fresh Del Monte Produce Inc., Patanjali Ayurved Ltd., Parle Products Pvt. Ltd., Britannia Industries Ltd., Wise Foods Inc., Van Drunen Farms, Crispy Green Inc., Vadilal Industries Ltd., Annie's Inc., Mercer Foods LLC, OFD Foods LLC, Chaucer Foods Ltd., European Freeze Dry Ltd., Harvest Food Products Co. Inc., Flex Food Limited, BCFoods Inc., Freeze-Dry Foods GmbH, Saraf Foods Ltd., Harmony House Inc., Mother Earth Products, Saipro Biotech Private Limited, Unity Foods LLC, Fujian Lixing Foods Co. Ltd.
Asia-Pacific was the largest region in the freeze-dried fruits and vegetables market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the freeze-dried fruits and vegetables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the freeze-dried fruits and vegetables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary outputs of freeze-dried fruits and vegetables encompass fruits, vegetables, and coffee beans. Fruits subjected to freeze-drying exhibit an extended shelf life while retaining the vitamins and minerals present in fresh produce, enhancing their appeal to consumers. Available in various forms such as powders, granules, chunks, or pieces, and flakes, they find application in breakfast cereal, soups, snacks, ice creams, desserts, bakery and confectionery items, as well as dips and dressings. These products are distributed through diverse channels including supermarkets, hypermarkets, convenience stores, online retailers, and others.
The freeze-dried fruits and vegetable market research report is one of a series of new reports that provides freeze-dried fruits and vegetables market statistics, including freeze-dried fruits and vegetables industry global market size, regional shares, competitors with a freeze-dried fruits and vegetable market share, detailed freeze-dried fruits and vegetable market segments, market trends and opportunities, and any further data you may need to thrive in the freeze-dried fruits and vegetables industry. This freeze-dried fruits and vegetables market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The freeze-dried fruits and vegetables market consists of sales of freeze-dried apples, pineapples, kiwis, sweet corn, and carrots. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Freeze-Dried Fruits and Vegetables Market Characteristics3. Freeze-Dried Fruits and Vegetables Market Trends and Strategies32. Global Freeze-Dried Fruits and Vegetables Market Competitive Benchmarking33. Global Freeze-Dried Fruits and Vegetables Market Competitive Dashboard34. Key Mergers and Acquisitions in the Freeze-Dried Fruits and Vegetables Market
4. Freeze-Dried Fruits and Vegetables Market - Macro Economic Scenario
5. Global Freeze-Dried Fruits and Vegetables Market Size and Growth
6. Freeze-Dried Fruits and Vegetables Market Segmentation
7. Freeze-Dried Fruits and Vegetables Market Regional and Country Analysis
8. Asia-Pacific Freeze-Dried Fruits and Vegetables Market
9. China Freeze-Dried Fruits and Vegetables Market
10. India Freeze-Dried Fruits and Vegetables Market
11. Japan Freeze-Dried Fruits and Vegetables Market
12. Australia Freeze-Dried Fruits and Vegetables Market
13. Indonesia Freeze-Dried Fruits and Vegetables Market
14. South Korea Freeze-Dried Fruits and Vegetables Market
15. Western Europe Freeze-Dried Fruits and Vegetables Market
16. UK Freeze-Dried Fruits and Vegetables Market
17. Germany Freeze-Dried Fruits and Vegetables Market
18. France Freeze-Dried Fruits and Vegetables Market
19. Italy Freeze-Dried Fruits and Vegetables Market
20. Spain Freeze-Dried Fruits and Vegetables Market
21. Eastern Europe Freeze-Dried Fruits and Vegetables Market
22. Russia Freeze-Dried Fruits and Vegetables Market
23. North America Freeze-Dried Fruits and Vegetables Market
24. USA Freeze-Dried Fruits and Vegetables Market
25. Canada Freeze-Dried Fruits and Vegetables Market
26. South America Freeze-Dried Fruits and Vegetables Market
27. Brazil Freeze-Dried Fruits and Vegetables Market
28. Middle East Freeze-Dried Fruits and Vegetables Market
29. Africa Freeze-Dried Fruits and Vegetables Market
30. Freeze-Dried Fruits and Vegetables Market Competitive Landscape and Company Profiles
31. Freeze-Dried Fruits and Vegetables Market Other Major and Innovative Companies
35. Freeze-Dried Fruits and Vegetables Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Freeze-Dried Fruits and Vegetables Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on freeze-dried fruits and vegetables market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for freeze-dried fruits and vegetables? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Product: Fruits; Vegetables; Coffee Beans
2) By Form: Powders and Granules; Chunks Or Pieces; Flakes
3) By Application: Breakfast Cereal; Soups and Snacks; Ice Creams and Desserts; Bakery and Confectionery; Dips and Dressings; Other Applications
4) By Distribution Channel: Supermarkets and Hypermarkets; Convenience Stores; Online Retailers; Other Distribution Channels
Key Companies Mentioned: Olam International Limited; Mondelez International Inc.; General Mills Inc.; Asahi Group Holdings Ltd.; Kellogg Company
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Olam International Limited
- Mondelez International Inc.
- General Mills Inc.
- Asahi Group Holdings Ltd.
- Kellogg Company
- Conagra Brands Inc.
- Ajinomoto Co.
- Fresh Del Monte Produce Inc.
- Patanjali Ayurved Ltd.
- Parle Products Pvt. Ltd.
- Britannia Industries Ltd.
- Wise Foods Inc.
- Van Drunen Farms
- Crispy Green Inc.
- Vadilal Industries Ltd.
- Annie's Inc.
- Mercer Foods LLC
- OFD Foods LLC
- Chaucer Foods Ltd.
- European Freeze Dry Ltd.
- Harvest Food Products Co. Inc.
- Flex Food Limited
- BCFoods Inc.
- Freeze-Dry Foods GmbH
- Saraf Foods Ltd.
- Harmony House Inc.
- Mother Earth Products
- Saipro Biotech Private Limited
- Unity Foods LLC
- Fujian Lixing Foods Co. Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | February 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 39.46 Billion |
| Forecasted Market Value ( USD | $ 52.68 Billion |
| Compound Annual Growth Rate | 7.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
