About Prepared Dry-Foods
Prepared dry foods are processed food products that have been heated to remove their water content, making them inhospitable to most microbes and thus increasing the food product's shelf life. Microbes require water as well as organic content to grow, so eliminating water is a simple and effective way of preventing food spoilage. The growth in the market is driven by increasing urbanization and the shift of people from Tier 2 towns to Tier 1 and Metro cities. Besides this, changing consumer demographics such as the rise of nuclear families and double-income households coupled with a busy lifestyle is driving demand for Prepared Dry-Foods
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.3% |
The market for Prepare Dry Foods is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Prepared Dry-Foods market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Unilever (United Kingdom), General Mills (United States), OFD Foods, LLC (United States), Conagra Brands (United States), European Freeze Dry (Denmark), Joseph's Gourmet Pasta Company (United States), McCain Foods (Canada), Kellogg's Company (United States) and Kerry (Ireland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Van Drunen Farms (United States), Heinz (United States) and Tyson Foods (United States).
Segmentation Overview
AMA Research has segmented the market of Global Prepared Dry-Foods market by Type (Dehydrated Potatoes, Mexican Food, Pizza Products, Dry Mixes and Others), Application (Food Service Industry, Hotels, Restaurants and Others) and Region.
On the basis of geography, the market of Prepared Dry-Foods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Hypermarket/Supermarket, will boost the Prepared Dry-Foods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Pouch will boost the Prepared Dry-Foods market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Snacks like French Fries and Growing the Sales of Prepare Dry Foods Online Platform
Market Growth Drivers:
Rising Availability Of Prepared Dry-Foods Online and Growing Food And Beverage Industry And Dietary Supplement Industry
Challenges:
Threat of Substitution from Competitors
Restraints:
Allergy related Risk Associated with Consumption of Prepare Dry Foods
Opportunities:
Changing Consumption Patterns and Preference for Prepare Dry Foods and Introduction of Wide Range of Varieties in Food Products will create Opportunities for Prepare Dry Foods Market
Market Leaders and their expansionary development strategies
In June , 2023 Thrive Foods a manufacturer of freeze-dried products, today announced that it has entered into a definitive agreement to acquire Groneweg Group, otherwise known as Freeze-Dry Foods (Germany), , a global manufacturer and supplier of freeze and air-dried ingredients.
In September 2021, McCain Foods has announced the launch of its new plant-based brand, that will offer root vegetable dips, spreads, sauces, and cheeses. Simple Root will offer cooking sauces like bechamel, truffle and cheese, pesto, cream 'cheeze,' and a variety of dips like roasted garlic and herb and smoky chipotle. and On 12 June 2020, European Freeze Dry has introduced its newest line of gourmet ingredients with a two-year shelf life for snacks and ready meals. According to Sarah Lacey, Development Manager at European Freeze Dry, the move is motivated by consumer demand for ingredients that provide an extra level of flavour and an authentic food experience.
As per the Food Safety and Standards Regulations, "The manufacturer should mention the Best before, Date of manufacture, Date of packaging, District, Health claims, and other important things on the packet."
Key Target Audience
Prepared Dry-Foods, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.