Market Size of Asia-Pacific Freeze-Dried Food Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 0.98 Billion |
Market Size (2029) | USD 1.53 Billion |
CAGR (2024 - 2029) | 9.20 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Asia Pacific Freeze Dried Product Market Analysis
The Asia-Pacific Freeze-Dried Food Market size is estimated at USD 0.98 billion in 2024, and is expected to reach USD 1.53 billion by 2029, growing at a CAGR of 9.20% during the forecast period (2024-2029).
In the short term, the expanding food-processing sector and huge demand for ready-to-eat or convenience food products among consumers are anticipated to drive the market studied. Moreover, the increasing consumer awareness about the ill effects of artificial food additives used for food preservation is expected to fuel the demand for natural and healthy food products. More consumers in the country are opting for freeze-dried fruits, yogurt melts, snack fruit, vegetable crisps, vegetable powders, and instant soup mixes, thereby driving the market in the region.
Due to the increase in urbanization and lifestyle changes, consumers prefer their food to be easy to cook and carry. Food service restaurants and cafes mostly use freeze-dried products like fruits vegetables, meat, prepared meals, and other frozen foods. Due to the increase in tourism in the region, the business of food service restaurants is also increased, which in turn increased the market for freeze-dried food. The growing product knowledge in the region, due to the constant presence of freeze-dried food in the local market, is also enabling more consumers to purchase the products, thus, driving the freeze-dried food market.
Asia Pacific Freeze Dried Product Industry Segmentation
Freeze drying the food is a low-temperature dehydration method that entails freezing the product, reducing the pressure, and then sublimating the ice. Asia-Pacific freeze-dried food market is segmented by product type, distribution channel, and geography. Based on the product type, the market is segmented into freeze-dried fruits, freeze-dried vegetables, freeze-dried meat and seafood, freeze-dried beverages, freeze-dried dairy products, prepared meals, and pet food. The fruit segment is further segmented into strawberry, raspberry, pineapple, apple, mango, and other fruits. The vegetable segment is further segmented into peas, corn, carrot, potato, mushroom, and other vegetables. Based on the distribution channel, the market studied is segmented into supermarkets/hypermarkets, convenience stores, online stores, and other distribution channels. Based on geography, the market is segmented into China, India, Australia, Japan, and the Rest of Asia-Pacific. For each segment, the market sizing and forecasts have been done based on value (in USD million).
Product Type | ||||||||
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Freeze-Dried Meat and Seafood | ||||||||
Freeze-Dried Beverages | ||||||||
Freeze-Dried Dairy Products | ||||||||
Prepared Meals | ||||||||
Pet Food |
Distribution Channel | |
Supermarkets/Hypermarkets | |
Convenience Stores | |
Online Stores | |
Other Distribution Channels |
Geography | |
China | |
India | |
Japan | |
Australia | |
Rest of Asia-Pacific |
Asia-Pacific Freeze-Dried Food Market Size Summary
The Asia-Pacific freeze-dried product market is experiencing significant growth, driven by the expanding food-processing sector and a rising demand for convenience foods. Consumers are increasingly opting for freeze-dried products such as fruits, yogurt melts, and instant soup mixes due to their natural and healthy attributes, which are free from artificial additives. The market is further bolstered by urbanization and lifestyle changes, prompting a preference for easy-to-cook and portable food options. The food service industry, including restaurants and cafes, is a major consumer of freeze-dried products, benefiting from the region's growing tourism. The availability of international brands and the growing middle-class population are also contributing to the market's expansion, as consumers seek convenient meal choices with a long shelf life.
In Australia, the market is supported by local players offering freeze-dried foods that preserve nutrition and extend shelf life, catering to an active lifestyle. The popularity of freeze-dried foods is enhanced by their lightweight and compact nature, making them ideal for outdoor activities like camping. The market is fragmented, with numerous players such as Asahi Group Holdings Ltd and Ajinomoto Co. Inc. leading the way. These companies are innovating with new products, including gluten-free freeze-dried dairy, to meet consumer demands. The competitive landscape is further enriched by private labels offering a variety of freeze-dried foods through online channels, ensuring a diverse range of options for consumers in the region.
Asia-Pacific Freeze-Dried Food Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Freeze-Dried Fruits
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2.1.1.1 Strawberry
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2.1.1.2 Raspberry
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2.1.1.3 Pineapple
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2.1.1.4 Apple
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2.1.1.5 Mango
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2.1.1.6 Other fruits
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2.1.2 Freeze-Dried Vegetables
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2.1.2.1 Pea
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2.1.2.2 Corn
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2.1.2.3 Carrot
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2.1.2.4 Potato
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2.1.2.5 Mushroom
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2.1.2.6 Other Vegetables
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2.1.3 Freeze-Dried Meat and Seafood
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2.1.4 Freeze-Dried Beverages
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2.1.5 Freeze-Dried Dairy Products
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2.1.6 Prepared Meals
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2.1.7 Pet Food
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2.2 Distribution Channel
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2.2.1 Supermarkets/Hypermarkets
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2.2.2 Convenience Stores
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2.2.3 Online Stores
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2.2.4 Other Distribution Channels
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2.3 Geography
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2.3.1 China
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2.3.2 India
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2.3.3 Japan
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2.3.4 Australia
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2.3.5 Rest of Asia-Pacific
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Asia-Pacific Freeze-Dried Food Market Size FAQs
How big is the Asia-Pacific Freeze-Dried Food Market?
The Asia-Pacific Freeze-Dried Food Market size is expected to reach USD 0.98 billion in 2024 and grow at a CAGR of 9.20% to reach USD 1.53 billion by 2029.
What is the current Asia-Pacific Freeze-Dried Food Market size?
In 2024, the Asia-Pacific Freeze-Dried Food Market size is expected to reach USD 0.98 billion.