APAC Freeze Dried Fruits & Vegetables Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.41 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC Freeze Dried Fruits & Vegetables Market Analysis
The Asia-Pacific freeze-dried fruits and vegetables market is projected to grow, registering a CAGR of 6.41% during the forecast period (2020-2025).
- The consumers in the Asia-Pacific region tend to be inclined toward health and the quality of their food, which is, in turn, increasing the demand for more premium food and nutrition products. This has led to the entry of numerous European and American suppliers in the freeze-dried fruits segment.
- The freeze-dried fruits and vegetables market in the developing economies, such as China, India, Indonesia, and other Southeast Asian countries, are witnessing rapid expansion, due to the increasing consumption of processed foods and the rising preference for ready-to-eat meals, especially breakfast cereals, owing to the growing trend of on-the-go lifestyles.
APAC Freeze Dried Fruits & Vegetables Market Trends
This section covers the major market trends shaping the APAC Freeze Dried Fruits & Vegetables Market according to our research experts:
Rise in the Consumption of Processed Food is Accelerating the Market
There is a significant growth in the market for processed ready-to-eat foods, owing to the increasingly busy lifestyles of the consumers. The changing food habits, due to increasing urbanization, and the desire for new tastes, especially in the populous countries, such as China and India, are also fuelling the market growth. Ready-to-eat products help save time amidst the busy schedules of the consumers; it is the major factor that boosts the segment. The incorporation of various nutrients and flavors and the extended shelf life are giving ready-to-eat foods an additional advantage. The freeze-dried products help in retaining the nutrients for a longer period of time, as compared to normal processed foods.
China is Leading the Market in the Asia-Pacific Region
China, followed by Japan and Australia, holds a prominent share in the Asia-Pacific freeze-dried fruits and vegetables market. Exotic fruits, such as freeze-dried berries, hold a prominent market in the region. The rise in the demand for processed foods and convenient food products has strengthened the potential market for freeze-dried fruits and vegetables in the Asia-Pacific region. The well-established and strong distribution channels have helped in the easy supply of products across the region. The major freeze-dried products in the region are onions, potatoes, blueberries, cranberries, strawberries, and apples, among others.
APAC Freeze Dried Fruits & Vegetables Industry Overview
The Asia-Pacific freeze-dried fruits and vegetables market is highly competitive, with an increasing number of small propolis manufacturers entering the market. Mergers and acquisitions, followed by new product launches, are the most preferred strategies in the Asia-Pacific freeze-dried fruits and vegetables market . The major manufacturers in the global market are consistently enabling top- and bottom-line growth. The leading players in the Asia-Pacific freeze-dried fruits and vegetables market enjoy a dominant presence across the world. Brand loyalty among the consumers gives these companies an upper edge.
APAC Freeze Dried Fruits & Vegetables Market Leaders
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Nagatanien Co., Ltd.
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Mercer Foods, LLC
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R. J. Van Drunen & Sons, Inc.
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Bajaj Agro Foods India Limited
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Totally Pure Fruits Pty Ltd.
*Disclaimer: Major Players sorted in no particular order
APAC Freeze Dried Fruits & Vegetables Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Force Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Fruits
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5.1.2 Vegetables
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5.2 By Application
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5.2.1 Bakery Products
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5.2.2 Dairy Products
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5.2.3 Confectionery
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5.2.4 Soups and Savory Snacks
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5.2.5 Breakfast Cereals
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5.2.6 Other Applications
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5.3 By Geography
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5.3.1 China
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5.3.2 Japan
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5.3.3 India
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5.3.4 Australia
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5.3.5 Rest of Asia-Pacific
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Mercer Foods LLC
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6.4.2 R. J. Van Drunen & Sons Inc.
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6.4.3 Nagatanien Co. Ltd
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6.4.4 Bajaj Agro Foods India Limited
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6.4.5 Totally Pure Fruits Pty Ltd
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6.4.6 Saraf Foods Pvt Ltd
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
APAC Freeze Dried Fruits & Vegetables Industry Segmentation
The scope of the Asia-Pacific freeze-dried fruits and vegetables market includes the segmentation of the market, on the basis of type, application, and geography. By type, the market is segmented into fruits and vegetables. On the basis of application, the market is segmented into bakery products, dairy products, confectionery, soups and savory snacks, breakfast cereals, and other applications.
APAC Freeze Dried Fruits & Vegetables Market Research FAQs
What is the current Asia-Pacific Free-dried Fruits and Vegetables Market size?
The Asia-Pacific Free-dried Fruits and Vegetables Market is projected to register a CAGR of 6.41% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Free-dried Fruits and Vegetables Market?
Nagatanien Co., Ltd. , Mercer Foods, LLC, R. J. Van Drunen & Sons, Inc., Bajaj Agro Foods India Limited and Totally Pure Fruits Pty Ltd. are the major companies operating in the Asia-Pacific Free-dried Fruits and Vegetables Market.
What years does this Asia-Pacific Free-dried Fruits and Vegetables Market cover?
The report covers the Asia-Pacific Free-dried Fruits and Vegetables Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Free-dried Fruits and Vegetables Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Free-dried Fruits and Vegetables Industry Report
Statistics for the 2024 Asia-Pacific Free-dried Fruits and Vegetables market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Asia-Pacific Free-dried Fruits and Vegetables analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.