The freeze-dried food market size is estimated at USD 3.23 billion in 2024 and is expected to reach USD 4.82 billion by 2029, registering a CAGR of 8.35% during the forecast period (2024-2029).
The global freeze-dried food market is highly competitive owing to the presence of multiple regional and multinational companies offering a wide range of products and focusing on maintaining their position in the market. Major players in the market include Nestle SA, European Freeze Dry, Ajinomoto Co. Inc., Asahi Group Holdings Ltd., and OFD Foods LLC. These players hold a significant share of the market by adopting business strategies, including product innovations, partnerships, strengthening hold over online and offline marketing, and mergers & acquisitions to expand their visibility and portfolio of offerings.
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