South America Freeze-Dried Product Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.06 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Freeze-Dried Product Market Analysis
South America freeze-dried marketis forecasted to reach USD 8.05 billion by 2025. It is expected to witness a CAGR of 7.06% during the forecast period (2020-2025).
- The increasing consumer awareness about the ill-effects of artificial food additives used for food preservation is fueling the demand for natural and healthy food products.
- The high demand for convenience food and other ready-to-eat food and beverage products, owing to busy lifestyles, is further leading to increased consumption of the products in the region.
South America Freeze-Dried Product Market Trends
This section covers the major market trends shaping the South America Freeze-Dried Product Market according to our research experts:
Argentina witnessed as Fastest Growing Segment
Argentina is projected to become the fastest growing segment in South America freeze-dried product market. In Argentina, health-conscious consumers search for food and beverage products that are rich in nutrients like vitamins. Since freeze-drying helps in retaining most of the nutrients of fruits and vegetables, which would have otherwise been lost due to the exposure to heat-based preservation techniques, more manufacturers are offering freeze-dried foods to cater to increased market demand from the country.
Chilean Consumers Shifting Towards Healthy Foods
Freeze-dried product market in countries like Chile is set to witness substantial growth, owing to a surge in demand for foods and beverages rich in nutritional content and growing consumer awareness related to consumption of healthy food. Moreover, with an increasing number of consumers opting for healthy foods including instant foods that are rich in nutrients, the market is witnessing rapid growth. Also, an increasing number of product introductions by manufacturers with varieties, new flavors, and enhanced taste will add to freeze-dried product market growth.
South America Freeze-Dried Product Industry Overview
Nestle, AJINOMOTO CO., INC., and Asahi Group Holdings, Ltd., are some of the companies leading the freeze-dried product market in Europe. The companies account for higher market share due to their high global reach, wide product portfolio, and high distribution network. These players focus to leverage opportunities posed by the emerging markets to expand their product portfolio so that they can cater to the requirements for various product segments, especially freeze-dried fruits, freeze-dried vegetables, freeze-dried coffee, and freeze-dried meat products.
South America Freeze-Dried Product Market Leaders
Nestlé
AJINOMOTO CO.,INC.
Thrive Life, LLC
Asahi Group Holdings, Ltd.
OFD Foods, LLC.
*Disclaimer: Major Players sorted in no particular order
South America Freeze-Dried Product 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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3.1 Market Overview
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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 Forces 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 Product Type
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5.1.1 Freeze-dried Fruits
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5.1.2 Freeze-dried Vegetables
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5.1.3 Freeze-dried Beverages
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5.1.3.1 Freeze-dried Coffee and Tea
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5.1.3.2 Other Freeze-dried Beverages
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5.1.4 Freeze-dried Dairy Products
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5.1.5 Freeze-dried Meat and Seafood
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5.1.6 Prepared Foods
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5.2 Geography
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5.2.1 South America
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5.2.1.1 Brazil
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5.2.1.2 Argentina
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5.2.1.3 Rest of South America
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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 Nestle SA
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6.4.2 AJINOMOTO CO., INC.
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6.4.3 Asahi Group Holdings, Ltd.
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6.4.4 GOLA FOODS USA LLC.
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6.4.5 Harmony House Foods, Inc.
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6.4.6 Expedition Foods Limited
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6.4.7 Thrive Life, LLC.
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6.4.8 OFD Foods Inc.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South America Freeze-Dried Product Industry Segmentation
South America freeze-dried foods are available as freeze-dried fruits, freeze-dried vegetables, freeze-dried beverages, freeze-dried dairy products, freeze-dried meat and seafood, and prepared foods. The South America freeze-dried food market is growing at a fast rate, due to the demand for nutritious foods that can be prepared instantly.
By Product Type | ||||
Freeze-dried Fruits | ||||
Freeze-dried Vegetables | ||||
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Freeze-dried Dairy Products | ||||
Freeze-dried Meat and Seafood | ||||
Prepared Foods |
Geography | |||||
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South America Freeze-Dried Product Market Research FAQs
What is the current South America Freeze Dried Products Market size?
The South America Freeze Dried Products Market is projected to register a CAGR of 7.06% during the forecast period (2024-2029)
Who are the key players in South America Freeze Dried Products Market?
Nestlé, AJINOMOTO CO.,INC., Thrive Life, LLC, Asahi Group Holdings, Ltd. and OFD Foods, LLC. are the major companies operating in the South America Freeze Dried Products Market.
What years does this South America Freeze Dried Products Market cover?
The report covers the South America Freeze Dried Products Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Freeze Dried Products Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Freeze Dried Products Industry Report
Statistics for the 2024 South America Freeze Dried Products market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Freeze Dried Products analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.