Freeze Dried Foods Market 2021-2025: 40% Market Growth will Originate from North America
The freeze-dried foods market share is set to grow up to USD 31.26 billion, accelerating at a CAGR of almost 9% during the forecast period. The growth of the organized retail sector will offer immense growth opportunities to market vendors. In addition, the growing prominence of online shopping is one of the major freeze-dried foods market trends that will support market growth. However, increasing product recalls will be a major challenge for the freeze-dried foods market during the forecast period.
Technavio research provides an in-depth analysis of the market across the different geographical segments. The report traces the growth trajectory of the market over recent years with a purview on the prevalent market scenario.
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Freeze Dried Foods Market: North America to lead market growth during the forecast period
- The freeze-dried foods market is segmented by Product (Freeze-dried fruits, Freeze-dried vegetables, Freeze-dried beverages, Freeze-dried MFS, and Others) and Geography (North America, Europe, APAC, South America, and MEA).
- Based on the product segmentation, the freeze-dried foods market growth in the freeze-dried fruits segment will be significant during the forecast period.
- 40% of the market growth will originate from North America during the forecast period. Factors such as the rising new product launches and increasing product innovations will facilitate the freeze-dried foods market growth in North America. US and Canada are the key markets for freeze-dried foods in North America.
- The freeze-dried foods market report provides an accurate prediction of the contribution of all the geographic segments to the growth of the freeze-dried foods market size.
Freeze Dried Foods Market: Vendor Landscape
The market is fragmented due to the presence of several players. Asahi Group Holdings Ltd., European Freeze Dry, Freeze Dry Foods LLC, Kerry Group Plc, Mondelez International Inc., Nestle SA, SouthAm Freeze Dry, The Hain Celestial Group Inc., The Kraft Heinz Co., and Unilever Group are some of the freeze-dried foods market vendors.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerating at a CAGR of 9%.
- What is the incremental growth of the market?
The market is expected to grow up to USD 31.26 billion.
- What is a key factor driving this market?
The growth of the organized retail sector will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market?
40% growth will originate from North America.
- Who are the leading market vendors?
The leading vendors in this market are Asahi Group Holdings Ltd., European Freeze Dry, Freeze Dry Foods LLC, Kerry Group Plc, Mondelez International Inc., Nestle SA, SouthAm Freeze Dry, The Hain Celestial Group Inc., The Kraft Heinz Co., and Unilever Group
- What are the market segments covered in this report?
The market is segmented by Product (Freeze-dried fruits, Freeze-dried vegetables, Freeze-dried beverages, Freeze-dried MFS, and Others) and Geography (North America, Europe, APAC, South America, and MEA).