The global freeze-dried fruits and vegetables market was valued at USD 8.21 billion in 2023. It is expected to expand from USD 8.75 billion in 2024 to reach USD 14.87 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.86% over the forecast period. In 2023, Europe held the leading position in the market with a share of 93.4%.
In addition, the U.S. freeze-dried fruits and vegetables market is forecasted to hit USD 7.84 billion by 2032, fueled by growing consumer preference for nutritious and shelf-stable snacks.
The processed fruits and vegetables segment represents a significant and growing category in the food and beverage sector. This growth is primarily driven by rapid urbanization, increasingly hectic lifestyles, and a higher inclination toward convenient, ready-to-eat foods. This sector encompasses a wide array of offerings, including canned, frozen, dried, and juiced products, serving both retail and food service markets.
Information Source: https://www.fortunebusinessinsights.com/freeze-dried-fruits-and-vegetables-market-110443
Market Segmentation:
Freeze-Dried Fruits Segment to Register Strongest Growth Owing to Broader Use in Food Products
Based on type, the market is segmented into freeze-dried fruits and freeze-dried vegetables. The freeze-dried fruits category is anticipated to register the fastest CAGR during the forecast period due to its rising incorporation in soups, cereals, snacks, bakery, and confectionery items.
Powder Form to Grow Rapidly Due to Surging Demand from Food Services
By form, the market is divided into powder, cuts & flakes, and whole. Among these, the powder segment is expected to see the quickest growth, driven by its increasing application in food processing and service industries.
Household Segment to See Notable Growth, Driven by Demand from Europe
On the basis of end-use, the market is classified into household and commercial. The household category is set to experience the highest growth, bolstered by growing demand in Europe where consumers are leaning toward convenient and nutritious freeze-dried products.
Online Sales Channel to Grow Fast Owing to Competitive Pricing and Delivery Convenience
By distribution channel, the market is split into online and offline. The online segment is projected to grow at the fastest pace, supported by benefits such as lower prices and doorstep delivery options available through e-commerce platforms.
Regionally, the freeze-dried fruits and vegetables market is analyzed across North America, South America, Europe, Asia Pacific, and the Middle East & Africa.
Report Coverage:
This report examines the main growth drivers and emerging industry trends. It offers a comprehensive breakdown by type, form, end-use, and region, while also covering the strategic efforts of key market participants to bolster their market presence.
Market Drivers and Challenges:
Rising Nutritional Awareness to Fuel Market Growth
A study conducted by the National Institute of Health in 2020 revealed that freeze-drying better retains antioxidant properties, anthocyanins, and phenolic compounds compared to air drying. The method removes moisture without using high heat, thereby preserving vital nutrients. Increasing consumer awareness of these health benefits is projected to accelerate market growth.
Nevertheless, the need for considerable investments in storage and facility upgrades may hinder the pace of market expansion.
Regional Insights:
Europe Dominates Due to Growing Preference for Convenient Meal Options
Europe leads the market for freeze-dried fruits and vegetables, driven by shifting consumer preferences toward ready-to-eat foods.
North America is also expected to witness substantial growth, supported by strong demand for healthy and easy-to-prepare foods. According to the Food and Agriculture Organization, total consumption in the region reached 148.48 million tons in 2021.
Competitive Landscape:
Leading Companies Focus on R&D to Meet Evolving Consumer Needs
Prominent companies are investing in research and innovation to better address consumer demand for convenient food products. Notable participants in the freeze-dried fruits and vegetables market include Berrifine A/S and Döhler GmbH.
List of Major Players:
- Berrifine A/S (Denmark)
- Binder International (Germany)
- Chaucer Foods Ltd (U.K.)
- Döhler GmbH (Germany)
- European Freeze Dry (Denmark)
- Swastik Food (India)
- Fujian Lixing Foods Co., Ltd. (China)
- Aum Agri Freeze Foods (India)
- Paradise Fruits (Germany)
- Totally Pure Fruits Pty Ltd (Australia)
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Key Industry Development:
December 2021 – Arbor Investments completed the acquisition of Oregon Freeze Dry from Endeavour Capital. This acquisition was viewed as a strategic move due to Oregon Freeze Dry’s substantial production capabilities and strong partnerships with leading clients.
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