NEWARK, Del, Mar. 20, 2023 (GLOBE NEWSWIRE) — Future Market Insights predicts the global freeze-dried fruit market will grow at a CAGR of 7.5 percent from 2023 to 2033 and reach a value of $8.63 billion in 2023 It will likely be worth $17.82 billion in 2033.

Due to their low carbohydrate content and lack of artificial additives, freeze-dried fruits are preferred by consumers. The growing need for natural ingredients in the production of bakery and confectionary food products is expected to increase the demand for freeze-dried fruit and present the potential for producers in the market to generate income in the future.

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Emerging health-conscious people are the potential growth catalyst in the freeze-dried fruit market

Increased consumer demand to reduce the risk of cardiovascular disease is expected to increase the consumption of healthy food products, which is likely to fuel the demand for freeze-dried fruit among freeze-dried fruit producers and drive market expansion in the coming years .

Increasing urbanization, particularly in developing countries, the implementation of better packaging options, and increasing disposable income could all contribute to the expansion of the freeze-dried fruit industry.

Due to the growing customer demand to purchase freeze dried fruits or freeze dried fruits and vegetables from hypermarkets and supermarkets in key countries globally, offline distribution channels may emerge as a significant revenue contributor for the entire market.

Regional analysis of the freeze-dried fruit market

North America is expected to be the dominant region in the global organic freeze-dried fruit market due to the existence of highly developed food and beverage industries and the growing prevalence of health-conscious people in nations such as the United States and Canada. Due to the increased availability of various raw materials in countries like India and China, Asia Pacific is likely to see a significant expansion in the freeze-dried fruit market over the forecast period.

Over the next few years, Europe is expected to experience moderate growth as the influence of major market participants in nations such as the UK and Germany dwindles.

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Key points

• The conventional segment in the nature category is expected to register a CAGR of 7.1% from 2023 to 2033.
• The entire segment within the product type category in the freeze dried fruit market is projected to register a CAGR of 6.1% from 2023 to 2033.
• By 2033, the freeze-dried fruit market in the United States is expected to register a CAGR of 4.7% and is projected to reach a valuation of $2,538.1 million.
• By 2033, the organic freeze-dried fruit market in Germany is likely to experience a CAGR of 6% and is expected to reach a valuation of $663.7 million.
• The market in Spain is projected to register a CAGR of 4.3% and reach a valuation of USD 206.6 million by 2033.
• The orchards and citrus section of the fruit types category is expected to register a CAGR of 6.1% between 2023 and 2033.
• By 2033, the UK market is likely to experience a CAGR of 7.8% and is projected to reach a valuation of $655 million.
• By 2033, China’s organic freeze-dried fruit market is likely to register a CAGR of 9.7% and is projected to reach a valuation of $2,686.3 million.

Future prospects of the freeze-dried fruit market

Due to the presence of major freeze-dried fruit manufacturers, there is fierce competition in the global market. In the coming years, the freeze-dried fruit powder market is expected to occupy a considerable part of the overall market.

New product releases and other growth initiatives can help the current frozen nuts market players gain a competitive edge while opening up revenue generation prospects.

Future R&D initiatives, such as the construction of R&D centers in countries offering essential resources at low cost, can serve as a vital revenue generation strategy for well-known players in the Freeze Dried Fruit Powder market.

Major freeze-dried fruit producers can take advantage of other expansion strategies, such as partnering with small businesses, to increase their market share and revenue.

Harmony House Foods Inc., Crispy Green, Mercer Foods LLC and European Freeze Dry are some of the established suppliers of freeze dried fruit.

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Profound new technologies and advancements

To assist food manufacturers in the manufacturing process, Paradise Fruits Solutions has announced the introduction of new ready-to-eat granulates in August 2021. These granulates have been used in confectionery, baked goods and chocolate.

Key segments

Nature:

Product type:

• Total
• Diced
• Powder/granulate

Final user:

• Food and beverage products
  • Breakfast cereals
  • dairy products
  • Bakery and pastry shop
  • Nutritional bars and supplements
  • Powdered drinks
  • snacks
• Retail (Domestic)

Type of fruit:

• Berries
  • Strawberry
  • Raspberry
  • Blueberry
  • Blueberry
  • Others
• Exotic and tropical fruit
  • Mango
  • Papaya
  • Apple
  • Guava
  • Banana
  • Cantaloupe
• Orchard & Citrus
  • Kiwi
  • Pear
  • Fishing
  • Lemon
  • Orange
  • Grapefruits
  • Others

Sales channel:

• B2B
• B2C
  • Hypermarkets/Supermarkets
  • Convenience store
  • Specialized shop
  • Specialty food and beverage shop
  • Small independent grocery
  • Online retail

Table of contents

1. Executive summary | Freeze-dried fruit market

1.1. Global market prospects

1.2. Demand-side trends

1.3. Supply-side trends

1.4. Technology roadmap analysis

1.5. Analysis and recommendations

2. Market overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market context

3.1. Market dynamics

3.1.1. Drivers

3.1.2. Restrictions

3.1.3. Opportunity

3.1.4. Trends

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Explore FMI’s extensive coverage of the Food & Beverage industry:

Freeze Dried Food Market Size: Increased demand for packaged food and beverage products will drive sales at a CAGR of 6.8% over the forecast period, pushing the market size to $54.8 billion by 2032.

Freeze Dried Vegetables Market Share: The global freeze dried vegetables market size reached 88.3 billion USD in 2022 and is expected to grow at a CAGR of 8.2% during the forecast period, totaling a valuation of $194.2 billion by 2032.

Freeze Dried Pet Food Market Demand: The global freeze dried pet food market is projected to reach a market valuation of USD 16.6 billion in 2022, with sales growing at a CAGR of 5.3% in the forecast period.

Growth of Spray Dried Food Market: The global spray dried food market is projected to achieve a CAGR of 7.7% and reach a value of USD 1,13,260.9 million by 2032.

Frozen Food Market Forecast: The global frozen food market is forecast to be valued at USD 314,285 million in 2022, expected to grow at a CAGR of 6.7% to be valued at USD 602,257 million from 2022 to 2032.

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Source: Freeze-Dried Food Market Size Growing by $15 Billion | The United States dominates the freeze-dried food industry