In the baking and confectionery industries, freeze-dried fruit pieces are often used in desserts and baked goods. Ready-to-eat soups frequently incorporate freeze-dried vegetables such as peas, carrots, and broccoli. Additionally, freeze-dried fruits like apples, strawberries, and mangoes are available for direct consumption in numerous retail outlets globally.
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Asia Pacific Freeze-Dried Food Market Dynamics:
The growth of the freeze-dried food market will be influenced by the increasing millennial and Gen X populations and shifting lifestyles, which boost demand for packaged ready-to-eat products. As the appetite for convenient food solutions rises, the market for freeze-dried fruits and vegetables is expected to expand significantly.
In the coffee industry, freeze-drying is employed to produce instant coffee granules, preserving the natural flavor of the beans while removing moisture for easier storage and transport. Rising global demand for instant coffee is anticipated to drive market growth. However, high production costs for freeze-dried fruits and vegetables could pose a significant challenge to market expansion.
Asia Pacific Freeze-Dried Food Market Segment Analysis:
By Product Type: The market is segmented into Freeze-Dried Fruits, Freeze-Dried Vegetables, Freeze-Dried Poultry, Freeze-Dried Meat & Seafood, and Other categories. By 2027, freeze-dried fruits are expected to generate over USD 27 billion in revenue due to their versatility and increasing use in various B2B products. Freeze-dried fruits are often found in breakfast cereals like muesli and other edible flakes. Their high fiber and vitamin content, combined with low carbohydrates, make them a popular choice for health-conscious consumers. Additionally, freeze-dried coffee beans are projected to grow at a CAGR of over 7% through 2027, driven by the rising preference for quick and convenient coffee solutions.
By Application: The market is divided into Supermarkets & Hypermarkets, Convenience Stores, Online Stores, and Other channels. By 2027, supermarkets and hypermarkets are expected to handle 1.45 million tonnes of freeze-dried food. This growth is attributed to the convenience of shopping for a variety of products in one location, as well as the availability of different brands and price points tailored to diverse consumer needs.
Regional Insights:
In Australia, the market for freeze-dried products is thriving due to the presence of local companies offering these goods. Freeze-dried fruits, vegetables, and meats are valued for their nutritional benefits, lightweight nature, and extended shelf life. Australian consumers favor freeze-dried foods due to their active lifestyles, and retail stores across the country are stocking these items to increase brand visibility and meet consumer demand.
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Market Key Players:
Asahi Group Holdings Ltd. (Japan)
Unilever Group (India)
Ajinomoto Co., Inc. (Japan)
Bajaj Agro Foods India Ltd. (India)
Totally Pure Fruits Pty Ltd. (Australia)
Thai Ao Chi Fruits Co., Ltd. (Thailand)
Nutra Grand Co., Ltd (Thailand)
Chantaburi Global Trade Co. (Thailand)
Zhangzhou Henco Trading Co., Ltd. (China)
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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