Freeze-Dried Foods Market Size, Share, and Industry Analysis by Product Type (Freeze-Dried Fruits, Freeze-Dried Vegetables, Freeze-Dried Beverages, Freeze-Dried MFS, Freeze-Dried Prepared Food, Freeze-Dried Pet Food, and Others), By Distribution Channel and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
The global Freeze-Dried Food Market size is projected to reach a CAGR of 8.2% from 2023-2030.
Fruits & Vegetables and other food items contain more than 50% of water so they perish within a short duration. Freeze-dried food is a dehydrated form of fruits & vegetables and other foods where water content from the food is taken out while the texture, smell, and contents of the food remain the same. In the process of dehydration, the water content in food is dried, which is called lyophilization. This process makes the food light in weight & smaller in size making it easier to store & transport.
The rise in demand for superior quality food items by the premium segment and awareness of hygienic factors has made customers move more toward freeze-dried foods. Moreover, the expanding food & beverage market, the demand for seasonal fruits & vegetables throughout the year, growing modernization, the increased number of working couples, and the need for convenient superior quality food items are driving the global freeze-dried food market. Freeze-dried food has an excellent shelf-life of up to 20 years in some food items. Another factor driving the market is the easy de-freezing of freeze-dried food which helps in carrying the food while traveling and is easy to cook in less period.
On the other hand, major drawbacks of the freeze-dried food market are the availability of substitute drying techniques at low-cost like fluid bed drying which dries the food at a cheaper cost than the freeze-dried technique and this drawback is anticipated to restrain the growth of the market.
COVID-19 boosts the growth of the food & beverage industry. Sales and demand for frozen fruits & vegetables have grown as customers are demanding hygienic food items and other foods like meat, fish, and prawns. The manufacturers are facing a shortage of raw materials due to transport problems caused by international barriers set by all the countries in the world. The market is expected to grow after the pandemic because of an increase in customers' preference for hygiene.
The growing demand for ready-to-eat food preferences among customers is due to the change in lifestyle habits and the increase in urbanization. It is evident that tourism across the world constantly growing at the same time the restaurants and food services providing hotels depend more on freeze-dried products to ease the process of cooking. All these demands eventually elevated the market for the freeze-dried food market in the forecast period. Further, the advantage of free-dried products is in withholding the nutritional benefit of each product, and ease of consumption promoted the development in the market of freeze-dried foods in the next coming years.
North America to Dominate the Market