Industry Background:
Dried food is a method of food preservation in which food is dried (dehydrated or desiccated). Drying prevents the growth of bacteria, mold, and yeasts through the removal of water. There is various technologies are used for the food drying process including sun drying, hot drying , spray drying and others. Spray dried food products holds no moisture which supports in preventing the growth of microorganisms in these products coupled with extending the shelf life of these food products. Thus, rising use of spray drying technology will help to boost global dried food market.
This growth is primarily driven by Growing Demand of Seasonal Products, Rising Demand of Food Manufacturers for Preserving Food Product for Longer Period and Growing Concern and Awareness among Buyers.
Globally, a noticeable market trend is evident High Demand of Dried Meat
. The Food Products sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Sunsweet Growers (United States), General Mills Inc. (United States), Nissin Food Holdings Co. Ltd. (Japan), Unilever Group (United Kingdom), Ajinomoto Co. Inc. (Japan), Ting Hsin International Group (Taiwan), House Foods Corp (Japan), Kraft Foods Inc. (United States) and Nestle S.A. (Switzerland) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On April 23rd, 2018, a Japanese food and food product provider NISSIN FOODS CO., LTD. has formed a join venture with KAGOME CO., LTD. to form an agreement to sell vegetables and beverages in Hongkong and Macau. The company has announced a business plan 2021 which will encourage the organization in actively pursuing business opportunities overseas.
On 15th January 2019, general mills, Fiber One is expanding its cereal portfolio has launch Fiber One Strawberries and Vanilla Clusters. Made with steel cut oats, vanilla clusters and delicious, real strawberries, this new variety is a tasty way for consumers to increase their fiber intake.
Market Drivers
- Growing Demand of Seasonal Products
- Rising Demand of Food Manufacturers for Preserving Food Product for Longer Period
- Growing Concern and Awareness among Buyers
Market Trend
- High Demand of Dried Meat
- Increasing Demand for Ready-To-Eat Snack Foods
Restraints
- High Cost of Dried Food
- Excessive Calories in Dried Food
Opportunities
Advancement of New Technology Such As Spray Dried and Increasing Opportunities in Bakery Industry, Snacks Industry and Confectionery
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Dried Food Study Sheds Light on
The Dried Food Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Dried Food industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Dried Food industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.