Food Dehydrator Market Size By Technology (Vertical Airflow, Horizontal Airflow), By End-use (Commercial Usage {Food & Beverage Industry, Nutraceutical Industry, Herbal Products Industry, Hotels, Restaurants and Catering (HoReCa) Sector}, Domestic/Residential Usage), By Energy Source (Electric, Biofuel, Solar, Other) Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Landscape & Forecast, 2022 - 2030
The food dehydrator market is primed to depict sizable expansion through 2030 owing to the exponential growth of the food processing industry. Additionally, rising food demand in poor countries, along with surging awareness among people regarding food wastage, is likely to propel industry growth over the forecast timeframe.
During the COVID-19 pandemic, the industry witnessed a significant spike in demand. People stocked food products amid stringent lockdowns and dried food items were among the top purchases as they last longer than fresh food. This boosted food dehydrator demand, especially in North America. Moreover, market players have been focusing on implementing strategic collaborations & acquisitions, coupled with rigorous product developments, to sustain their industry standing.
For instance, in September 2020, The Metal Ware (Nesco), a kitchen appliances manufacturer, announced the acquisition of Magic Products Inc., a bait and tackle supplier. With the move, the company aimed to expand its preservation bait production business, extending its customer base.
The food dehydrator market has been bifurcated based on technology, end-use, energy source, and region.
With respect to end-use, the market has been classified into commercial usage and domestic or residential usage. The domestic usage segment is speculated to exceed $950 million in revenue by 2030. The ease of use offered by these dehydrators at home, especially by vertical airflow dehydrators, is driving product demand for domestic usage. Furthermore, escalating disposable income, improved awareness regarding food wastage, and increased longevity of growing certain fruits, vegetables, or herbs are also expected to accelerate the demand for food dehydrators for residential usage.
Under commercial usage, the food dehydrator market has been further categorized into nutraceutical industry, food & beverage industry, hotels, restaurants and catering (HoReCa) sector, and herbal products industry. Food dehydrators find usage in the HoReCa sector mainly for preserving leftover food or to prevent food wastage. The HoReCa segment held a considerable market share in 2021 and is calculated to exhibit a CAGR of roughly 7.1% between 2022 and 2030.
Based on energy source, the food dehydrator industry has been segregated into electric, biofuel, solar, and others. The others segment is slated to be worth about $400 million by the end of 2030. Other energy sources consist of gas turbines, wind energy, and tidal energy. Biofuel is gaining exponential attraction, and burgeoning inclination toward the use of renewable energy shall also push segmental growth further.
Regionally, the LATAM food dehydrator market is estimated to grow at over 6.5% CAGR and register a valuation of around $600 million by 2030. The segmental growth is attributed to soaring agricultural and meat production, particularly in Brazil, Mexico, and Argentina, which in turn, is supporting the progress of the food processing industry in the region. In addition, booming use of food preservation techniques, specifically solar-powered food dehydrators, is gaining positive attention, thereby escalating Latin America market growth.
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