According to Future Market Insights, the global freeze dried fruits market is expected to record a CAGR of 7.5% from 2023 to 2033 and reach a valuation of USD 8.63 billion in 2023. In 2033, it is likely to reach a valuation of USD 17.82 billion.
The steadily increasing demand for natural ingredients in the confectionery and bakery industries is going to propel the global freeze dried fruits market. The elevated incorporation of freeze dried fruits in daily diets to maintain a healthy weight and reduce the risk of cardiovascular illnesses is also likely to boost the market in the coming years.
Consumers frequently select these as gifts and tokens of generosity, resulting in increased sales of freeze dried fruits. The freeze dried fruits market is expected to record a CAGR of 7.5% during the forecast period.
The freeze dried fruits and vegetable market is likely to expand due to increasing demand as consumers shift towards a more nutritional diet that includes fruits.
Food has remained a vital food item since the outbreak of COVID-19. According to FMI, the food business is likely to record greater than 3% per year during the projection period. With changing consumer preferences, there is a surge in demand for healthy, cost-effective, and sustainable food items, which is expected to fuel the freeze dried fruits and vegetables market size in the near future.
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A comparative analysis and review of market growth rates and potential future directions in the global freeze dried fruit industry are published by FMI every two years. Demographic and advancement factors, which are subject to the arbitrary impact of macro and industry factors, are the main drivers of the market for freeze dried fruits.
Notable Advancements in these Markets Include:
In the first half of 2023, the global freeze dried fruits market is likely to grow by 5.0%. This growth is not fairly distributed across all regions, with the emerging freeze dried fruits market expected to witness 5.5% growth.
The key cause for this variation in growth rate is the slow/fast market uptake in the first half of the projection period. Improving end-user demand in big economies with the rapidly rising population.
Consumption habits are changing, particularly in China and India, and demand in the freeze dried fruits market is rising. Numerous other market segments are predicted to progress reasonably and attain excellent growth potential in the forecast period.
Despite this optimistic future, the business faces potential obstacles, including shifting customer preferences, high trade barriers, uncertain raw material sources, and other production concerns.
Attributes | Details |
---|---|
Freeze Dried Fruits Market CAGR (From 2023 to 2033) | 7.5% |
Freeze Dried Fruits Market Size (2023) | USD 8.63 billion |
Freeze Dried Fruits Market Size (2033) | USD 17.82 billion |
Global Market Absolute Dollar Growth (USD million/billion) | USD 9.18 billion |
Freeze dried fruits are created by freezing the fruits and then placing them in a vacuum under very low pressure. Due to their low calorie content, various tastes, and nutrient-rich qualities, they are to be widely used in bread and confectionery items.
Freeze dried fruits and vegetables are to be in high demand due to their increased use in breakfast cereals, snack mixes, bakery items, confectioneries, ice creams, and pastries. Demand for freeze dried fruits is to rise rapidly in the coming years, owing to the aforementioned factors.
Fruits and vegetables that have been freeze dried, such as pineapples, strawberries, raspberries, blackberries, and cranberries, are increasingly being utilized in ice creams, bakery products, and other ready-to-eat food items. Due to their extended shelf-lives and numerous applications in healthy diets, freeze dried fruits are to stimulate freeze dried fruits demand.
In the near future, the freeze dried fruit powder market is likely to expand as people become more aware of the numerous health benefits linked to a natural, low-carb diet that is nutrient-dense. It is anticipated that the long shelf life of freeze dried fruits and their absence of artificial additives or preservatives may bode well for the global freeze dried fruit powder industry.
Frequent consumption of freeze dried fruits can lower the chance of developing numerous cardiovascular diseases, liver and colon cancer, and other related illnesses. Manufacturers of freeze dried fruits anticipate introducing cutting-edge items in the freeze dried fruit snacks market as consumer health concerns increase.
What Factors Might Limit the Demand for Freeze Dried Fruits? Although freeze dried fruits contain a variety of therapeutic plant components, such as blooms, seeds, stems, leaves, and roots that may decay over time, they are susceptible to contamination by toxins-causing fungi and bacteria. A powdered blend of many herbal plants, some of which may be dangerous, is used to produce these fruits. The risks of eating freeze dried fruit may, in some cases, outweigh the potential benefits of maximal growth. Manufacturers of freeze dried fruits are focusing their attention on a close examination of herbal and aromatic plants in an effort to reduce the probability of contamination. This element is intended to promote the market growth for freeze dried fruit powder during the course of the evaluation.
Attributes | Details |
---|---|
Top Nature | Conventional |
CAGR % 2018 to 2022 | 4.6% |
CAGR % 2023 to End of Forecast(2033) | 7.1% |
Conventional Products to Rule the Freeze Dried Fruit Snacks Industry
By nature, the conventional freeze dried fruit category is likely to dominate in terms of market share. Freeze drying is a highly effective approach for heat-sensitive fruits, like oranges, grapefruits, and pears, because overheating may cause a reduction in their nutritional benefits, such as vitamin C.
The freeze dried fruit snacks market is likely to witness an increase in demand for conventional freeze dried fruits since they are enhanced with natural flavor, color, and nutritional properties.
Attributes | Details |
---|---|
Top Product Type | Whole |
CAGR % 2018 to 2022 | 3.4% |
CAGR % 2023 to End of Forecast(2033) | 6.1% |
Need for Whole Products to Strengthen the Size of the Freeze Dried Fruits and Vegetables Market
Whole freeze dried fruits and vegetables are among the highly regarded product varieties on the market. When compared to snacks and breakfast cereals, the segment is likely to have increased demand for organic freeze dried fruit. When the nutritious benefits of these items are preserved, the risks of contamination are lower.
They are frequently employed in a wide range of applications, including nutritional supplements and dairy products. With the growing popularity of a healthy lifestyle, whole organic freeze dried fruit is gaining popularity around the world, which is expected to drive the freeze dried fruit market growth.
B2B is Expected to the Lead in the Powdered Freeze Dried Fruits Market
B2B is a more realistic sales channel in the market for freeze dried fruit powder than B2C. In the B2B sales channel, businesses are seen as the consumers of the products and services of other businesses.
The increase in demand for snacks, powdered beverages, breakfast cereal, retail (home), and other segments has boosted the B2B sales channel. It is predicted to continue exhibiting rapid growth during the projection period.
Attributes | Details |
---|---|
Top Fruit Type | Orchard & Citrus Fruits |
CAGR % 2018 to 2022 | 3.5% |
CAGR % 2023 to End of Forecast(2033) | 5.8% |
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Country | United States |
---|---|
HCAGR (From 2018 to 2022) | 3.5% |
CAGR (From 2023 to 2033) | 4.7% |
Country | United Kingdom |
---|---|
HCAGR (From 2018 to 2022) | 6.7% |
CAGR (From 2023 to 2033) | 7.8% |
Country | China |
---|---|
HCAGR (From 2018 to 2022) | 5.8% |
CAGR (From 2023 to 2033) | 9.7% |
Country | Germany |
---|---|
HCAGR (From 2018 to 2022) | 3.6% |
CAGR (From 2023 to 2033) | 6.0% |
Country | Spain |
---|---|
HCAGR (From 2018 to 2022) | 3.6% |
CAGR (From 2023 to 2033) | 4.3% |
Demand for Freeze Dried Food in North America can Increase Due to the Growing Acceptance of Healthy Lifestyles
Attributes | Details |
---|---|
United States Market Size (USD million/ billion) by End of Forecast Period (2033) | USD 2.53 billion |
United States Market Absolute Dollar Growth (USD million/billion) | USD 1.6 billion |
With a market share of more than 25% in freeze dried fruit powder, North America is set to keep up its dominance. Growth in North America is being fueled by the existence of a well-established food and beverage industry as well as consumers' growing adoption of a healthy lifestyle. Given the continuous growth of the food and beverage industries, the United States is expected to be a significant market for the freeze dried fruits and vegetables. Given the greater need for healthier diets in this region, freeze dried fruit extracts are frequently used in foods like cornflakes. It is anticipated to encourage market expansion across the United States.
Attributes | Details |
---|---|
United Kingdom Market Size (USD million/ billion) by End of Forecast Period (2033) | USD 655 million |
United Kingdom Market Absolute Dollar Growth (USD million/billion) | USD 309 million |
According to FMI, Europe is the world’s second significant market for freeze dried fruits. Increasing manufacturing units, as well as the robust sales and distribution systems of different organizations, may boost the freeze dried fruits and vegetables market in Europe.
Due to the huge demand for ready-to-eat meals, the United Kingdom poised to become dominant in the freeze dried fruits and vegetables market.
Attributes | Details |
---|---|
Germany Market Size (USD million/ billion) by End of Forecast Period (2033) | USD 663.7 million |
Germany Market Absolute Dollar Growth (USD million/billion) | USD 370.7 million |
The older population in Germany is eating more healthful foods as a result of rising health concerns. Because they are packed with nutrients and have a lengthy shelf life, freeze dried fruits, and vegetables are in constant demand. Due to ongoing trends and cultural changes that are impacting food consumption generally, freeze dried meals are becoming more and more common in Germany.
Customer demand has increased due to the quality, flavor, freshness, ease of preparation, and long shelf life of these fruits and vegetables. In order to increase their customer base, local freeze dried fruit producers compete with international corporations on the market for product visibility and offerings.
Attributes | Details |
---|---|
China Market Size (USD million/ billion) by End of Forecast Period (2033) | USD 2.686 million |
China Market Absolute Dollar Growth (USD million/billion | USD 1.063 million |
China is to develop as a lucrative market for freeze dried fruits, with significant potential for expansion in the future years. The wealth of raw materials and the continued expansion of the food and beverage industry are likely to boost the market growth in China.
Orchard and citrus fruits, such as freeze dried lemons and oranges, are likely to be in high demand in China throughout the forecast period, strengthening the freeze dried fruit powder market.
Attributes | Details |
---|---|
Spain Market Size (USD million/ billion) by End of Forecast Period (2033) | USD 206.6 million |
Spain Market Absolute Dollar Growth (USD million/billion) | USD 135.8 million |
Due to customers' increasingly hectic lifestyles, the market for processed ready-to-eat foods has grown significantly. The freeze dried fruits and vegetables market is being fuelled by changing food habits as a result of rising urbanization and the need for new flavor preferences. The ready-to-eat items save time in our hectic lives, which is a big driver driving the industry.
The integration of diverse nutrients and flavors, as well as its extended shelf life, provides it an added advantage. When compared to regular processed foods, frozen items help to maintain the nutrients of the products for a longer period of time.
With multiple freeze dried fruit manufacturers, the market for powdered freeze dried fruits is highly competitive and fragmented. The freeze dried fruit manufacturers are primarily focused on introducing a wide range of products to expand their customer base and obtain a competitive advantage. Some of the others want to produce advertising emphasizing the many health advantages of such fruits.
Besides mergers and acquisitions, the expansion of their production and distribution networks for better visibility, and the enlargement of their portfolio of offerings, key freeze dried fruit manufacturers are starting to focus on product innovation as one of their key strategies to achieve a prominent share in the market and optimize their offerings.
Impactful Innovations and Progressions:
Launch
Date | August 2021 |
---|---|
Company | Paradise Fruits Solutions |
Details | A new line of ready-to-order granulates was introduced by Paradise Fruits Solutions by Jahncke with the goal of simplifying the production process for food makers. The granulates come in diameters ranging from 2mm to 9mm with eight distinct tastes, including apple, blueberry, lemon, orange, raspberry & cranberry, strawberry, woodberry, and caramel. They are suitable for use in a variety of applications, including chocolate, confectionery, and baking. |
Date | February 2021 |
---|---|
Company | European Freeze Dry |
Details | European Freeze Dry unveiled its new ingredient, freeze dried jackfruit in response to demand from the vegan market. The advantages of freeze dried jackfruit include its many applications, its texture, and the potential to replace pulled pig or chicken in pot dinners. |
Expansion
Date | August 2020 |
---|---|
Company | European Freeze Dry |
Details | By investing more than GBP 1.5 million, European Freeze Dry announced that it can expand its manufacturing facilities in the United Kingdom and Denmark. With the extra funding, the business may be able to continue to address the rising demand for wholesome long-life ingredients, such as freeze dried fruits, contract drying services, and ready meals. |
The freeze dried fruits market is valued at USD 8.63 billion in 2023.
European Freeze Dry, Chaucer Foods Ltd., and Paradise Fruits Solutions GmbH & Co. KG are the leading industry players.
The orchard & citrus fruits segment is the key segment by fruit type in the market.
Over the historical period from 2018 to 2022, the global market surged at a 6% CAGR.
The industry is expected to be around USD 17.82 billion by the end of 2033.
1. Executive Summary | Freeze Dried Fruits Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Nature 5.1. Organic 5.2. Conventional 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 6.1. Whole 6.2. Diced 6.3. Powdered/Granulated 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Fruit Type 7.1. Berries 7.1.1. Strawberry 7.1.2. Raspberry 7.1.3. Blueberry 7.1.4. Cranberry 7.1.5. Others 7.2. Exotic & Tropical Fruits 7.2.1. Mango 7.2.2. Papaya 7.2.3. Apple 7.2.4. Guava 7.2.5. Banana 7.2.6. Cantaloupe 7.3. Orchard & Citrus Fruits 7.3.1. Kiwi 7.3.2. Pear 7.3.3. Peach 7.3.4. Orange 7.3.5. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 8.1. B2B 8.2. B2C 8.2.1. Hypermarkets/Supermarkets 8.2.2. Convenience Store 8.2.3. Specialty Store 8.2.4. Online Retail 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Europe 9.4. Asia Pacific 9.5. MEA 10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Kerry Group plc 17.2. European freeze dry 17.3. OFD foods LLC 17.4. Mercer foods 17.5. Molda AG 17.6. Paradise fruits 17.7. Chaucer freeze-dried 17.8. SARAF foods 17.9. Kanegrade Ltd. 17.10. Harmony House Foods, Inc. 17.11. Watershed Foods, LLC 17.12. Honeyville, Inc. 17.13. Van Drunen Farms 18. Assumptions & Acronyms Used 19. Research Methodology
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