Freeze-Dried Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Freeze-Dried Food Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global freeze-dried food market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2028, exhibiting a growth rate (CAGR) of 7.88% during 2023-2028.

Freeze-dried or lyophilization refers to a low-temperature, dehydration technique that involves freezing of various food products in the vacuum chamber. It aids in preserving food commodities by eliminating the risk of contamination and decomposition caused by microbial growth in the presence of air, light, and moisture. This, in turn, assists freeze-dried food in retaining its quality, maintaining nutritional values, extending shelf-life and reducing water quantity from the product for making it lightweight. At present, freeze-dried food is commercially available in varying forms, such as powders, granules, chunks, pieces, and flakes.

Freeze-Dried Food Market Trends:

The widespread adoption of freeze-dried food in the food and beverage (F&B) and hospitality sectors for preserving various food products, such as fruits, vegetables, bakery, meat, dairy, and snacks, is one of the prime factors driving the market growth. In line with this, rapid expansion in the food processing sector and the increasing demand for non-perishable, ready-to-eat (RTE) meals or convenience food products due to the rising on-the-go trend, hectic working schedules, and evolving lifestyles are acting as other growth-inducing factors. Additionally, the sudden outbreak of coronavirus disease (COVID-19) pandemic and the consequent implementation of lockdowns across the globe have led to the massive employment of online and e-commerce distribution channels for purchasing and ordering frozen food, which, in turn, is contributing to the market growth. The extensive utilization of freeze-dried techniques for enabling the safe transportation of food products, along with its large-scale incorporation in pet food segment to enable longer preservation and convenient consumption is further considerably propelling the market growth. Other factors, such as strategic collaborations between top players, rising consumer awareness regarding the harmful effects of artificial additives, and the continuous investments in research and development (R&D) activities for introducing lightweight, freeze-dried nutritious snacks, are creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global freeze-dried food market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and end user.

Breakup by Type:

Freeze-Dried Fruits
Freeze-Dried Vegetables
Freeze-Dried Beverages
Freeze-Dried Dairy Products
Freeze-Dried Meat and Seafood
Others

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Specialist Retailers
Convenience Stores
Others

Breakup by End User:

Hotels and Restaurants
Household
Food and Beverage Industry
Others

Breakup by Region:

North America

United States
Canada

Asia-Pacific

China
Japan
India
South Korea
Australia
Indonesia
Others

Europe

Germany
France
United Kingdom
Italy
Spain
Russia
Others

Latin America

Brazil
Mexico
Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Ajinomoto Co. Inc, Asahi Group Holdings Ltd., Crispy Green Inc., European Freeze Dry ApS, Freeze-Dry Foods Ltd., Harmony House Foods Inc., Kerry Group Plc, LYO FOOD Sp. z o.o., Mercer Foods LLC, Nestlé S.A., Nuts.com, SouthAm Freeze Dry S.A. (R. J. Van Drunen & Sons Inc.) and The Kraft Heinz Co.

Key Questions Answered in This Report:

What was the size of the global freeze-dried food market in 2022?

What is the expected growth rate of the global freeze-dried food market during 2023-2028?

What are the key factors driving the global freeze-dried food market?

What has been the impact of COVID-19 on the global freeze-dried food market?

What is the breakup of the global freeze-dried food market based on the type?

What is the breakup of the global freeze-dried food market based on distribution channel?

What are the key regions in the global freeze-dried food market?

Who are the key players/companies in the global freeze-dried food market?