South America Dried Fruits Market Outlook, 2028

South America Dried Fruits Market Outlook, 2028

The increasing consumer awareness about the ill effects of artificial food additives used for food preservation is fuelling 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. Argentina is projected to become the fastest-growing segment in South America's dried food 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 foods and vegetables, which would have otherwise been lost due to exposure to heat-based preservation techniques, more manufacturers are offering freeze-dried foods to cater to increased market demand from the country. The dried food 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 the consumption of healthy food.

According to the research report, “South America Dried Fruit Market Outlook, 2028” published by Bonafide Research, the market is expected to grow with 6.59% CAGR during the forecast period. 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 the dried food product market growth. Dried foods go through a dehydration process aimed at elongating their shelf-life and are extensively used as a prominent substitute for fresh foods. The moisture of food is removed through a machine (dehydrator) or natural process. Berries, raisins, figs, prunes, and apricot are the most common example of food dried across the globe. They are categorized as organic and conventional based on their nature and come in a variety of forms which include powder, slices, granules, and whole dried. Dried food holds numerous applications in the food and beverage industry.

The dried foods market is propelling in the South American region due to the growing number of health-conscious people coupled with their increasing preferences for healthy and nutritious food products. Moreover, the growing middle-class population, increasing disposable incomes, and demand for natural-ingredient snacks also contribute to the market’s expansion. In addition, the increasing popularity of breakfast and snack cereals that contain dried foods to increase nutritional value, such as oatmeal, muesli, cornflakes, and so on, is further stimulating the growth of the industry. Furthermore, the product’s characteristics, such as less perishability and easy transportation, make it a popular choice for healthy snacks. As a result, the emerging trend of on-the-go products supports the industry’s growth.

GAT-dried foods come from different regions of South America where the climate is best for growing exotic and tropical foods. Specifically, dried Golden Berries / dried golden berries, and dried Physalis are native to Colombia and are produced there 365 days a year, which is unlike other South American countries. Equally important, Pitaya, Baby Banana, Mango, Pineapple, Coconut, Papaya, and Tomatoes are found throughout South America. Being indigenous to South America, Dried Golden Berry (also known as Physalis), Inca Berries, Cape Gooseberries, Aguyamanto, Uvilla, and Uchida. Nestlé, AJINOMOTO CO., INC., Thrive Life, LLC, Asahi Group Holdings, Ltd., and OFD Foods, LLC. are the major companies operating in South American Freeze Dried Products Market.

Covid-19 Impacts:
During the COVID-19 pandemic, the demand for non-perishable food products, especially freeze-dried food that can last up to 30 years without degrading in quality, including meat products or their alternatives, vegetable, fruits, prepared meals, etc., have witnessed a huge surge in the consumer demand. It is mainly driven by the stockpiling nature of the consumer during the pandemic, caused by an extended lockdown, and in most cases, even the consumers avoided stepping outside in public areas in order to safeguard themselves. Moreover, in order to maintain the immune system during the pandemic, consumers are highly concentrating on adding sufficient protein content to their diet, which results in augmenting the sales of dried food products, dairy products, and others that have more shelf-life together with similar nutrients like that of the fresh products.

Major Companies present in the market:
Archer Daniels Midland Company, BAGRANA Beteiligungs-AG, Naturz Organics, Döhler, Olam International, CIMAFRU Group, Graceland Fruit, Inc., Pasha International

Considered in this report
• Geography: South America
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• South America Dried Foods market with its value and forecast along with its segments
• Country-wise dried foods market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report
• Brazil
• Argentina
• Colombia

By Type
• Dried Apricots
• Dried Dates
• Dried Grapes / Raisins
• Dried Figs
• Dried Berries (Cranberries, Cherries, Blueberries, Blackcurrant, Strawberries, Blackberry)
• Prunes
• Others (Apples, Mangoes, Oranges, Pineapples)

By Nature
• Organic Dried Foods
• Conventional Dried Foods

By Distribution Channel
• Hypermarkets/Supermarkets
• Specialty Stores
• Convenience Stores
• Online Retail
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the dried fruits industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.