Market Size of Freeze Dried Fruits and Vegetables Industry
| Study Period | 2018 - 2029 |
| Market Size (2024) | USD 38.51 Billion |
| Market Size (2029) | USD 53.02 Billion |
| CAGR (2024 - 2029) | 6.60 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia-Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Freeze Dried Fruit and Vegetables Market Analysis
The Freeze Dried Fruits and Vegetables Market size is estimated at USD 38.51 billion in 2024, and is expected to reach USD 53.02 billion by 2029, growing at a CAGR of 6.60% during the forecast period (2024-2029).
Over the medium term, expanding food-processing sector and the huge demand for ready-to-eat or convenience food products, among consumers, have considerably increased in recent years, owing to the busy work lifestyle and increased number of the working population. This, in turn, has led to an increase in the demand for freeze-dried fruits and vegetables to be used in snacks, soups, dressings, and bakery and confectionery products. For instance, in Japan and European countries, traditionally, the bakery sector has been the main consumer of freeze-dried fruits. However, over the years, the application of freeze-dried fruits has paved its way in different end-user industries, such as fruity granola cereal, energy bars, and healthy snacks, including trail mix.
Moreover, the ease of processing heat-sensitive food products, like fruits and vegetables, and providing them with a prolonged shelf life without hampering the original properties are the major driving factors for the global freeze-dried fruits and vegetable market. Similarly, the rising interest and participation of consumers in outdoor sports are driving market sales. For instance, in 2020, 53% of Americans ages 6 and over participated in outdoor recreation at least once. Furthermore, owing to rising awareness about health and wellness and increasing interest in expedition activities and adventures is playing a significant role in driving the sales of food products containing freeze-dried fruit and vegetable ingredients.
Freeze Dried Fruit and Vegetables Industry Segmentation
Freeze-dried fruits and vegetables are food items that have a longer shelf life under a particular temperature. Lyophilisation is a process that is used to extend the shelf life by preserving the nutrients and aroma compounds. The freeze-dried fruits and vegetable market is segmented by type, application, and geography. By type, the market is segmented into freeze-dried fruits and freeze-dried vegetables. Freeze-dried fruits are further sub-segmented into strawberry, blueberry, raspberry, blackberry, pineapple, mango, apple, and other fruit types. Freeze-dried vegetables are further sub-segmented as beans, corn, peas, tomato, mushroom, and other vegetable types. By application, the market is segmented into breakfast cereals, soups and snacks, ice cream and desserts, bakery and confectionery, dips and dressings, and others. Further, the report provides an analysis of emerging and established economies, across the world, comprising North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
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Freeze Dried Fruits and Vegetables Market Size Summary
The freeze-dried fruits and vegetables market is experiencing significant growth, driven by the expanding food-processing sector and the increasing demand for convenience foods. This trend is largely attributed to the busy lifestyles of consumers and the growing working population, which has led to a surge in the use of freeze-dried products in various food applications such as snacks, soups, dressings, and bakery items. The market is also benefiting from the ease of processing heat-sensitive foods, providing them with a prolonged shelf life while maintaining their original properties. The rising interest in outdoor sports and health-conscious lifestyles further fuels the demand for freeze-dried fruits and vegetables, as they offer a healthy snacking option with enhanced nutritional benefits. The COVID-19 pandemic has amplified the demand for ready-to-cook and ready-to-consume foods, as consumers seek products that are easy to incorporate into their daily routines and offer health benefits.
In the Asia-Pacific region, the market is supported by the abundance of raw materials and the growth of the food and beverage industry in countries like China, India, and South Korea. The region's consumers are increasingly inclined towards healthy product formulations with innovative ingredients, influenced by Western-style cooking. The freeze-dried fruits and vegetables market in Asia-Pacific is characterized by a rising demand for foods requiring minimal preparation, making them an attractive option for consumers. The market is highly competitive, with numerous regional and international players such as European Freeze Dry, Döhler, and Paradise Fruits holding significant shares. These companies are focusing on product innovation, mergers and acquisitions, and expanding their production and distribution networks to enhance their market presence and offerings.
Freeze Dried Fruits and Vegetables 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 Type
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2.1.1 Fruit Type
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2.1.1.1 Strawberry
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2.1.1.2 Blueberry
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2.1.1.3 Raspberry
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2.1.1.4 Blackberry
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2.1.1.5 Mango
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2.1.1.6 Apple
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2.1.1.7 Other Fruit Types
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2.1.2 Vegetable Type
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2.1.2.1 Beans
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2.1.2.2 Corn
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2.1.2.3 Peas
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2.1.2.4 Tomato
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2.1.2.5 Mushroom
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2.1.2.6 Other Vegetable Types
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2.2 Application
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2.2.1 Breakfast Cereal
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2.2.2 Soups and Snacks
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2.2.3 Ice Cream and Desserts
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2.2.4 Bakery and Confectionery
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2.2.5 Dips and Dressings
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2.2.6 Others
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 Spain
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East & Africa
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2.3.5.1 South Africa
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2.3.5.2 United Arab Emirates
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2.3.5.3 Rest of Middle East & Africa
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Freeze Dried Fruits and Vegetables Market Size FAQs
How big is the Freeze Dried Fruits and Vegetables Market?
The Freeze Dried Fruits and Vegetables Market size is expected to reach USD 38.51 billion in 2024 and grow at a CAGR of 6.60% to reach USD 53.02 billion by 2029.
What is the current Freeze Dried Fruits and Vegetables Market size?
In 2024, the Freeze Dried Fruits and Vegetables Market size is expected to reach USD 38.51 billion.
