About Freeze Dried Fruits
Freeze-dried fruits are preserved vitamin and mineral goodness and increase shelf-life dramatically. It is available in various forms. This market is having huge growth in the coming years because of the growing demand for packaged food. It is highly used in various applications such as pastries, ice creams, snacks, bakery products, and others. The major reason behind their adoption is because they have their nutritional value, and available in different flavors.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.6% |
There are various market players are operating in the market are exploring their footprints in new geographical regions by adopting various market growth initiatives such as mergers & acquisitions, expansions, investments, new product launches, and many others. There is various new market are entering this market to capture market growth opportunities. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Freeze Dried Fruits 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.
The Kraft Heinz Company (United States), European Freeze Dry (England), Van Drunen Farms (United States), Mercer Foods (United States), OFD Foods (United States), Asahi Group (Japan), Brighton Street Industrial Estate (United Kingdom), Döhler (Germany), Ajinomoto (Japan) and Amalgam Foods (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are House Foods Corp (Japan) and Freeze-Dry Foods (United States).
Segmentation Overview
AMA Research has segmented the market of Global Freeze Dried Fruits market by Type (Strawberry, Blueberry, Cranberry, Mango, Blackberry, Raspberry and Others), Application (Breakfast Cereals, Bakery & Confectionery, Ice Cream & Desserts and Others) and Region.
On the basis of geography, the market of Freeze Dried Fruits 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 Form, the sub-segment i.e. Sliced will boost the Freeze Dried Fruits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Grocery will boost the Freeze Dried Fruits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand of Additive-Free and Natural Food Products and Technology Development in the Food Processing Industry
Market Growth Drivers:
Growing Demand for Freeze Dried Fruits, The Rise in Penetration Rate of B&M Formats Including Haymarket, and Many Other Convenience Stores and Rise in Disposable Income and Change in Lifestyle & Food Habits
Challenges:
Lack of Storage Infrastructure for Ready to Eat in Local Retail Stores Semi-Urban and Rural Areas
Restraints:
Consumer Perception About Low Nutritional Content in Freeze-Dried Fruits and High Product Cost and Manufacturing Process
Opportunities:
The Rise in Funding in Cold Chain Infrastructure Across the Retail Stores, Huge Demand and Consumption of Freeze-Dried Fruits in the Developing Nations and Development in Online Retail Stores
Market Leaders and their expansionary development strategies
In November 2019, Ocean Spray has partnered with HelloFresh, the world's leading meal kit company, as of the collaboration aimed to supply dried cranberries to HelloFresh
In September 2019, Ocean Spray expanded its Wisconsin Rapids, Wis., plant to 440,000 square feet. Following the expansion, it became the world's largest cranberry processing plant
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Freeze Dried Food Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
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.