Market Overview
As per the analysis conducted by Market Research Future (MRFR),the global Dehydrated Fruits and Vegetables Market Size is anticipated to
procure a market value of USD 38.06 billion while expanding at a CAGR of 7.95%
by 2023.
The rapid expansion of the food-processing sector and theincreasing demand for ready-to-eat food products are anticipated to play a
significant role in driving the global freeze-dried fruits market during the
forecast period. The busy work life and the growing number of the working
population are other salient causes that are likely to increase the demand for
such edibles, thereby benefitting the market in the analysis tenure. The
increasing awareness about the convenience, taste of freeze-dried fruits, and
the nutritional profiles are expected to grow the demand for such fruits and
vegetables, which can benefit the industry in the coming time. In addition to
these, the rising disposable income is predicted to augment the market size in
the assessment tenure. On the other hand, the high expenses associated with
such fruits and vegetables are anticipated to hamper the market growth during
the forecast period.
Market Segmentation
The global Dehydrated Fruits and Vegetables Market can besegmented on the basis of form and type.
The form-based segments of the global Dehydrated Fruits andVegetables Market are powder, granules, and others. Among all, the powder
segment is anticipated to lead the market during the forecast period.
The type-based segments of the global Dehydrated Fruits andVegetables Market are fruits & vegetables. Between the two segments, the
fruits segment is anticipated to lead the market during the forecast period
from 2018 to 2023. The fruit segment can is further segmented into apples,
bananas, apricots, pineapple, cherries, and others. In the fruit segment, the
apricots segment is anticipated to grow at a CAGR of 8.06% during the forecast
period. The vegetable segment is further classified into onions, tomato,
mushrooms, garlic, and others.
Regional Analysis
As per the assessment conducted by MarketResearch Future (MRFR), the global Dehydrated Fruits and Vegetables Market Size isanticipated to be dominated by North America. The region is anticipated to
acquire a market value of USD 12.32 billion while expanding at a CAGR of 7.69%
during the forecast period from 2018 to 2023. The increasing demand for foods
that demand minimum efforts to prepare is expected to enhance the demand for
such edibles, thereby driving the regional market significantly. Among all, the
US is anticipated to make the most significant contribution in developing the
regional market during the assessment period. Furthermore, the presence of
established players is likely to be another factor that can play a significant
role in bolstering the regional market during the analysis timeframe. In
addition to these, the increasing initiatives to expand the consumer base is
likely to augment the market size in the forecast analysis. For example,
Chaucer Group had expanded its facility in Oregon, US. On the other hand, APAC is
anticipated to procure significant market value during the forecast period. The
increasing employment and the rising disposable income are anticipated to play
a significant role during the forecast period. Furthermore, the presence of
developing countries such as India, China, and Japan are likely to make
significant participation to develop the market in the coming time.
Key Players
Some of the renowned players of the global DehydratedFruits & Vegetables Industry areHerbafood Ingredients GmbH (Germany), FutureCeuticals, Inc. (U.S.), DMH
Ingredients (U.S.), Kanegrade Limited (U.K), NutraDry (Australia), Paradise
Saipro Biotech Private Limited (India), Fruits Solutions Gmbh & Co.
(Germany), Baobab Foods, LLC (U.S.), Activz LLC (U.S.), and Milne
MicroDried (U.S).
Industry News
February 2021- WayCoolFoods has signed a 1-year MoW with the Indian Institute of Food Processing
Technology to develop sustainable and optimal technology for enhancing the
shelf life of selected fruits and vegetables. The MoU was signed between
Karthik Jayaraman, CEO, WayCool Foods, and Dr. C Anandharamakrishnan, Director
IIFPT. A few months before, WayCool joined hands with IIT-Hyderabad which aimed
at reducing food wastage.
February 2021- HazelTechnologies, a USDA-funded technology company delivering new solutions for
fresh produce to extend shelf-life, fight food waste, increase sales, announced
the launch of the first-ever virtual Stone Fruit Quality Summit. A one-hour
event was held on February 26. The summit will feature eminent speakers from
across the fruit industry of Northern India.
February 2021- FMCGdirect selling firm Amway India announced the launch of its latest innovation
in-home care category with Amway HomeTM fruit & Veggie Wash.
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Covid19 Footprints for Better Analysis of Market and Industries. Cordially get
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