NEW
YORK, June 19, 2024 /PRNewswire/ -- The
global dried food market size is estimated to grow by
USD 7.49 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of 6.78% during the forecast period. Health benefits of
dried food products is driving market growth, with a
trend towards growing prominence of online shopping.
However, increasing product recalls for dried food products
poses a challenge. Key market players include Ajinomoto Co.
Inc., Asahi Group Holdings Ltd., B and G Foods Inc., Campbell Soup
Co., Carnivore Meat Co. LLC, Create A Pack Inc., Crispy Green Inc.,
European Freeze Dry, Flex Foods Ltd., General Mills Inc., Harmony House Foods Inc., ITC Ltd.,
Mondelez International Inc., Saraf Foods Pvt. Ltd., Sunsweet
Growers Inc., The Kraft Heinz Co., Thrive Foods, Tong Garden Co.
Ltd., Unilever PLC, and Van Drunen Farms.
Get a detailed analysis on regions, market
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Dried Food Market
Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
6.78%
|
Market growth
2024-2028
|
USD 7495
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
6.23
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
36%
|
Key
countries
|
US, Germany, Canada,
China, and UK
|
Key companies
profiled
|
Ajinomoto Co. Inc.,
Asahi Group Holdings Ltd., B and G Foods Inc., Campbell Soup Co.,
Carnivore Meat Co. LLC, Create A Pack Inc., Crispy Green Inc.,
European Freeze Dry, Flex Foods Ltd., General Mills Inc., Harmony
House Foods Inc., ITC Ltd., Mondelez International Inc., Saraf
Foods Pvt. Ltd., Sunsweet Growers Inc., The Kraft Heinz Co., Thrive
Foods, Tong Garden Co. Ltd., Unilever PLC, and Van Drunen
Farms
|
Market Driver
The global dried food market has experienced substantial growth
in the last decade due to the rise of e-commerce. This distribution
channel allows customers to access a wide range of dried food
brands from around the world. The increase in e-commerce vendors,
driven by smartphone penetration, offers personalized shopping
assistance and product comparisons. Major retailers like Amazon,
Alibaba, and eBay sell dried foods online, expanding vendors'
market reach and providing easy access to their products. For
instance, Ajinomoto Co., Inc. Sells its dried foods through Amazon.
The convenience and benefits of online shopping are expected to
continue driving the growth of the dried food market.
The dried food market is experiencing significant growth due to
increasing consumer trends towards convenient and long-lasting food
options. Products like fruits, vegetables, meats, and grains are
popular choices in this market. Procurement of these foods is done
through various methods such as freezing, dehydration, and sun
drying. The use of advanced technology in processing and
preservation has led to improved product quality and shelf life.
Fruits and vegetables are major categories in the dried food
market, with a focus on organic and natural options. The market is
also witnessing a rise in demand for ready-to-eat dried foods,
especially in the snack industry. Additionally, the growing
popularity of plant-based diets is driving demand for dried legumes
and grains. Overall, the dried food market is expected to continue
its growth trajectory in the coming years.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- In the dried food market, third-party raw material suppliers
pose a risk to product safety and quality. Regulatory authorities
can shut down businesses and recall products due to contaminants or
allergens. Product recalls negatively impact brand image,
operations, and sales. Manufacturing and packaging defects also
hamper sales. Companies must adhere to strict quality control
standards, including regular testing and proper handling practices.
Transparency and quick response to quality issues are essential.
Recalls, if necessary, are crucial for consumer safety. These
challenges may hinder the growth of the global dried food
market.
- The dried food market faces several challenges in production
and distribution. Technology and production methods are crucial in
preserving the quality and freshness of dried foods. Dried fruits
and vegetables require specific conditions to prevent spoilage and
maintain nutritional value. Additionally, logistics and
transportation play a significant role in ensuring timely delivery
and preventing damage during transit. Sustainability is also a
concern, as some drying methods may use excessive water or energy.
Competition from alternative snack options and changing consumer
preferences can also impact market growth. Producers must adapt to
these challenges by investing in research and development,
implementing efficient production processes, and focusing on
sustainability and consumer health.
For more insights on driver and challenges
- Request a sample report!
Segment Overview
This dried food market report extensively covers market
segmentation by
- Product
- 1.1 Fruits
- 1.2 Vegetables
- 1.3 Meat
- 1.4 Poultry and seafood
- Distribution Channel
- 2.1 Supermarkets and hypermarkets
- 2.2 Convenience stores
- 2.3 Online
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Fruits- The global dried food market is
experiencing significant growth due to increasing consumer
awareness towards healthy food options. Dried fruits, such as
raisins, apricots, and figs, offer nutritional benefits with fiber,
minerals, and antioxidants. Their convenience and quick energy make
them popular among health-conscious consumers and those with active
lifestyles. Additionally, their appeal extends to specific dietary
preferences, like vegan or gluten-free diets. The availability of a
diverse range of dried fruits and new product innovations
contribute to market growth. Companies like European Freeze Dry
provide freeze-drying and packaging services to maintain product
quality and freshness.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2017-2021) - Download a Sample Report
Research Analysis
The Dried Food Market encompasses a wide range of products,
including eggs, fish, instant coffee, and various fruits and
vegetables. These foods undergo drying processes utilizing hybrid
technologies to preserve their nutritive value and extend their
shelf life. Consumers increasingly prefer on-the-go eating habits,
leading to a surge in demand for ready-to-eat food goods such as
dried plums, cereal products, fruits snacks, and vegetable snacks.
However, the use of artificial food additives in dried foods for
preservation and flavor enhancement raises concerns regarding
health and safety. The healthcare sector emphasizes the importance
of dried foods, particularly those rich in bone protection
nutrients, in addressing diseases like osteoporosis. The
food-processing sector continues to innovate, introducing
freeze-dried food items to maintain the original texture and taste
while ensuring minimal water content.
Market Research Overview
The Dried Food Market encompasses a wide range of products
derived from various fruits, vegetables, and grains. These foods
undergo a preservation process, eliminating the need for
refrigeration and extending their shelf life. The market for dried
food is driven by several factors, including convenience,
affordability, and nutritional benefits. Consumers value the
ability to access these foods during travel or in areas with
limited fresh produce availability. Additionally, dried foods are
often rich in essential vitamins, minerals, and antioxidants,
making them a popular choice for health-conscious individuals.
Producers employ various methods to dry food, such as sun drying,
oven drying, and freeze drying, each with its unique advantages and
challenges. The market for dried food is diverse and global, with a
significant presence in both developed and developing
countries.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Fruits
- Vegetables
- Meat
- Poultry And Seafood
- Distribution Channel
-
- Supermarkets And Hypermarkets
- Convenience Stores
- Online
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio