Dehydrated Vegetable Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Dehydrated Vegetable Market
The dehydrated vegetable market size was valued at USD 5.32 billion in 2021, and the market is now projected to grow from USD 5.70 billion in 2022 to USD 9.19 billion by 2029, exhibiting a CAGR of 7.07% during the forecast period of 2022-2029.
Pandemic has negatively impacted the dehydrated vegetable market growth due to labour shortages in the agricultural sectors, especially inside the fruit and vegetable zone. Travel bans and lockdowns have decreased the body of workers in European nations, leading to production losses and product shortages. However, growing client attention about the nutritional content of fresh vegetable has pressured traditional and small farmers to satisfy the necessities of appropriate seeds, eco-friendly practices, and outstanding veggies. The pandemic has also caused improved call for higher shelf-lifestyles products, especially for snack food organizations.
Food dehydration is a famous method for preserving seasonal end result and vegetables, because it is easy to keep, cost-efficient, and nutritious. The developing adoption of fast-food chains and the developing demand for dried vegetables in on-the-go, ready-to-cook dinner, meals, and snacks make contributions to market growth. The growing awareness among consumers about extending the shelf lifestyles of dried vegetables has opened new growth areas, while the 12 months-long demand for seasonal ingredients is strengthening the market growth.
Consumer demand for comfort has grown appreciably due to changing purchasing behavior. They searching for nutritious, value-effective snacks that fulfill their flavor buds. As customers shift from carbonated to non-carbonated liquids, organizations are growing geared up-to-drink, herbal, clean, and finances-pleasant beverages. Just Pure Foods introduced a tomato-primarily based snack in December 2022, that's gluten-loose, nut-loose, vegan, keto-pleasant, and non-GMO. This innovative method goals to satisfy the developing name for healthier, value-powerful, and nutritious alternatives in the meals and beverage organisation.
Comprehensive Analysis of Dehydrated Vegetable Market
The dried vegetable market is categorized into potato, tomato, onion, and others. Tomatoes have seen strong sales due to the pandemic's impact on health and quality of life, while onions are expected to show substantial growth due to their convenience and longer shelf life. The market is divided into powder & granules, cuts & flakes, and whole. Cuts & flakes eliminate pre-cooking hassles and require only soaking before cooking. Powder & granules grow dynamically due to their low moisture content and ability to store for longer days. The market is divided into commercial and household segments. Commercial segments are expected to hold a significant share due to the demand for processed and ready-to-eat products in developed economies, while household segments are fastest-growing due to hectic work schedules and the need for longer shelf-life products. Rising consumer awareness about extending the shelf life of dried vegetables has opened new growth areas for businesses.
The Asia Pacific region lead the dehydrated vegetable market share by benefitting a market size of USD 2.10 billion in 2021 due to the developing reputation of premium food merchandise, urbanization, and new tastes, in particular in China and India, are driving market boom. Ready-to-consume merchandise, specifically in India and China, are gaining recognition because of their comfort and time-saving benefits. The growing reputation of natural dehydrated products is also anticipated to dominate the market.
Van Drunen Farms is partnering with Folium Biosciences to make bigger its global presence and recognition on innovation and product development. In February 2020, the enterprise announced a strategic collaboration with sister companies Van Drunen Farms and FutureCeuticals to distribute Folium merchandise globally. The market is notably fragmented and competitive, with key players like ITC Limited, BCFoods, Sensient Technologies Corporation, European Freeze Dry Ltd, and Merger Foods LLC keeping a huge percentage due to their strong brand loyalty and distribution network. Other key players are specializing in joint ventures, new product launches, certification and acquisition, and product improvement to strengthen their marketplace presence.
Van Drunen Farms and SouthAm Freeze Dry introduced a partnership wherein Van Drunen Farms will take a majority percentage in SouthAm. This partnership will higher position SouthAm and Van Drunen Farms, offering customers unique and considerable blessings and increasing its worldwide footprint in freeze-dry ingredients.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2018-2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022-2029
Historical Period
2018-2020
Unit
Value (USD billion)
Segmentation
By Type, Form, End-user, and Geography
By Type
Potato
Tomato
Onion
Others
By Form
Powder & Granules
Cuts & Flakes
Whole
By End-user
Commercial
Household
By Geography
North America (By Type, Form, and End-user)
- U.S. (By Type)
- Canada (By Type)
- Mexico (By Type)
Europe (By Type, Form, and End-user)
- U.K. (By Type)
- France (By Type)
- Germany (By Type)
- Italy (By Type)
- Spain (By Type)
- Rest of Europe (By Type)
Asia Pacific (By Type, Form, and End-user)
- China (By Type)
- India (By Type)
- Japan (By Type)
- Australia (By Type)
- Rest of Asia Pacific (By Type)
South America (By Type, Form, and End-user)
- Brazil (By Type)
- Argentina (By Type)
- Rest of South America (By Type)
Middle East and Africa (By Type, Form, and End-user)
- South Africa (By Type)
- Turkey (By Type)
- Rest of the Middle East & Africa (By Type)
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