Market Analysis: Global Freeze Dried Fruits and Vegetables Market

Global freeze dried fruits & vegetables market is registering a substantial CAGR of 7.40% during the forecast period of 2019-2026.  Increase in demand for packaged products (foods, dried fruits and vegetables) may propel the market to grow.

Market Definition: Global Freeze Dried Fruits and Vegetables Market

Freeze dried or lyophilized products are the food products which has long shelf life under particular temperature. Lyophilisation is a process that preserves most of the aroma compounds and nutrients from the original dried fruits and vegetables. This process is carried out at very low temperature in order to freeze the food products. The process involves in freezing food products are removal of moisture in a vacuum chamber, and then sealing it in an air tight container. The demand for the dried food products are increasing due to increase in population as well as change in lifestyle of people around the world.

Market Drivers:

High population globally; this factor is expected to drive the growth of the market
Increasing disposable income; this factor is expected to drive the growth of the market
Penetration of different retail formats; this factor is expected to drive the growth of the market
Increase in demand for packaged food items; this factor is expected to drive the growth of the market

Market Restraints:

Lack of awareness about the products (freeze dried fruits and vegetables); may restrict the growth for the freeze dried fruits & vegetables market
High cost of the product; may restrict the growth for the freeze dried fruits & vegetables market
High cost of freeze drying equipment; may hamper the growth of the market

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Segmentation: Global Freeze Dried Fruits and Vegetables Market

By Type

Fruits
Vegetable

By Form

Powders and Granules
Chunks & Pieces
Flakes

By Distribution Channel

Supermarkets/Hypermarkets
Convenience Stores
Online Retail
Other Distribution Channel

By Geography

North America
U.S.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
Sweden
Poland
Denmark
Italy
U.K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
New Zealand
Vietnam
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
Middle East & Africa
UAE
Saudi Arabia
Oman
Qatar
Kuwait
South Africa
Rest of Middle East and Africa

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Key Developments in the Market:

In August 2018, SouthAm (Chile) launched freeze-dried fruit powders in market. The product is available with no additives as well as Non-GMO. By launching the product in market the company wants to provide the best quality freeze-dried powder in the market globally
In November 2016, Graham Partners Inc.  acquired Mercer Foods LLC. The Mercer Foods LLC is a manufacturer of natural and organic, vegetables, freeze-dried fruits and other items. This acquisition helped the company to strengthen its position in food industry in order to provide clean label and better-for-you snacking in the food industry

Competitive Analysis:

Global freeze dried fruits & vegetables market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of rice protein market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global freeze dried fruits & vegetables market are Nestle, European Freeze Dry, Doehler GmbH, SouthAm Freeze Dry, Mercer Foods LLC., Paradise Fruits, Chaucer Foods Ltd, Saraf Foods Ltd, K2B Limited, FREEZE-DRY FOODS, ELENA, Green Rootz, Ruchi Foods LLP., TOTALLY PURE FRUITS Pty Ltd, Freeze Dry Industries, The Forager Food Co. and others.