Global Freeze Dried Fruit Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Freeze Dried Fruit Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Freeze drying, also called as lyophilization, removes all the moisture content from fruit through a vacuum system. It not only helps in prolonging the shelf life of fruits substantially but also keeps all nutritious values intact. Freeze drying fruit is a process used to preserve fresh produce so it will be shelf-stable and last longer without preservatives. The goal of freeze-drying fruit is to preserve its nutritional profile. Freeze-dried fruit can be used as a healthy snack, to add sweetness to dishes, and in baking. Moreover, the process of freeze-drying fruit commercially involves putting the berries or pieces of fruit in a vacuum chamber with a below-freezing temperature. The solid water molecules in the fruit to become a gas, leaving the food and dissipating. Through this process, the fruit and berries remain intact, and much of the nutrition3 found in the fresh fruit stays as well. After it’s processed, freeze-dried fruit must be packaged in airtight, moisture-proof packaging to maintain freshness. In addition, good produce options for freeze-drying include strawberries, peaches, bananas, pineapple, grapes, blackberries, raspberries, apples, blueberries, and dragon fruit, etc.

Market Overview:

The latest research study on the global Freeze Dried Fruit market finds that the global Freeze Dried Fruit market reached a value of USD 7557.7 million in 2022. It’s expected that the market will achieve USD 10587.53 million by 2028, exhibiting a CAGR of 5.78% during the forecast period.

COVID-19 Influence on Freeze Dried Fruit Market

The COVID-19 pandemic resulted in disruptions of global supply chain and had seen customers increasingly shift to the freeze dried product sector. The lengthy shelf life of items in this category appeals to consumers since it allows them to fill up their pantries. Food supply chains have demonstrated remarkable resilience in the face of stresses caused by COVID-19 pandemic. The effect on the agricultural sectors including fresh fruits followed by its intermediate product such as freeze-dried fruits is marginal, across the globe. In fact, owing to the increased demand for ready-to-eat convenience products among consumers (stemmed from restrictions on going out during lockdowns), benefitted industries such as Breakfast Cereal, Soups and Snacks, etc., further uplifting market. 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 freeze dried fruits, witnessed a huge surge in the consumer demand. It is mainly driven by the stock piling nature of the consumer during the pandemic, caused by extended lockdowns. Furthermore, increasing product knowledge across regions, due to the constant presence of freeze-dried products in the local market, is also enabling more consumers to purchase the products during the pandemic.

Demand for freeze-dried food to soar in North America backed by rising adoption of healthy lifestyles

North America is expected to remain at the forefront in the evaluation period. North America freeze dried food market is expected to hold the largest market share in the freeze dried fruit market with a wide range of innovative fruits preservation technologies. The presence of a well-established food and beverage industry and the increasing adoption of a healthy lifestyle by consumers in the U.S. and Canada are propelling the growth in North America. Additionally, the presence of health-conscious consumers in the region coupled with the rising preference of consumers for such foods with high nutritional value and ideal for instant food making solutions is anticipated to further boost the regional market demand.

Asia-Pacific is the Fastest Growing Region for Freeze-dried Food Product

The freeze-dried fruit market in Asia-Pacific is experiencing rapid expansion due to the increasing consumption of processed food and rising preference for ready-to-eat meals, owing to the rising trend of on-the-go lifestyles of consumers. Such factors make Asia a potential market for freeze-dried foods, and thus, manufacturers are exploring this trend to attract young Asian consumers. Rising personal disposable income and increasing penetration of retail formats, especially in the developing economies are the major factors fostering the growth of the freeze dried fruits market. Changing lifestyle, increasing women working population, and growth and expansion of beverages industry are other important factors acting as freeze dried fruits market growth determinants. Growing penetration of e-commerce platforms, growth and expansion of e-commerce industry, especially in the developing economies and rising westernization will further induce growth in the freeze dried fruits market value. Chinese consumers' interest in healthy and innovative products formulated with Chinese ingredients, which fit in their busy lifestyles, provides a great platform for foreign retail manufacturers to expand their businesses in the country. For instance, in 2019, ALDI is an international retail giant, opened two new physical stores in Shanghai’s Jing’an and Minhang districts. The stores offer a variety of products, including freeze-dried fruit snacks.

Growing demand from downstream customers

The expanding food-processing sector and 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 the increased number of the working population. This, in turn, has led to an increase in the demand for freeze-dried fruits to be used in snacks, and bakery and confectionery products. The rising demand for health-oriented food products with organic ingredients is predicted to drive the demand for freeze-dried fruits. This can be associated with the growing health consciousness among consumers. Additionally, the improved shelf life of freeze-dried fruits with preserved texture, nutrients, colour, and flavours is leading to their increased demand to prepare various food items. Factor towards the growth of freeze dried fruit market is the excellent shelf life of the product without any added preservative to store for long duration at home. The increased shelf-life makes freeze dried fruit a profitable product during its supply chain. Freeze-dried fruits are gaining popularity among businesses as well as consumers due to the primary advantage of increased shelf life associated with the product. Rising millennial and Gen X population around the world and changing lifestyles will have a positive influence on the demand for packaged ready-to-eat food products over the forecast years. Increasing demand for such packaged food products will significantly boost freeze-dried fruits market expansion.

Region Overview:

Geographically, Americas held the largest market share – 42.27% in 2022.

Company Overview:

Chaucer Foods Ltd. is one of the major players operating in the Freeze Dried Fruit market, holding a share of 1.12% in 2023.

Chaucer Foods Ltd.

Chaucer Foods, Inc. is located in Forest Grove, OR, United States and is part of the Fruit and Vegetable Preserving and Specialty Food Manufacturing Industry.

Van Drunen Farms

Van Drunen Farms, founded in 1856, is a global leader in the growing of culinary herbs, as well as the dehydration of fruit, vegetable, grain, and herbal food ingredients. Van Drunen Farms processes culinary, all-natural and functional food ingredients, specializing in fruit, vegetables, and herbs.

Segmentation Overview:

Among different product types, Strawberries segment is anticipated to contribute the largest market share in 2028.

Application Overview:

In the Freeze Dried Fruit market, 64.4% of the total value was generated through the Retail segment by application in 2022.

Key Companies in the global Freeze Dried Fruit market covered in Chapter 3:

European Freeze Dry
Frenature
Crispy Green Inc.
Harmony House Foods, Inc.
Mercer Foods, LLC.
Saraf Foods Ltd.
Freeze-Dry Foods GmbH
Lyo Italia
Chaucer Foods Ltd.
Augason Farms
Paradise Fruits
Terry Foods Ltd.
Van Drunen Farms

In Chapter 4 and Chapter 14.2, on the basis of types, the Freeze Dried Fruit market from 2018 to 2029 is primarily split into:

Apples
Strawberries
Blackberries
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Freeze Dried Fruit market from 2018 to 2029 covers:

Retail
Food Processing Industry

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)