Freeze Dried Food Industry and Overview – Forecast 2021-2026
Freeze-drying is a process that removes water from food, making it lighter, more compact, and easier to store. Freeze-dried foods are popular among a huge diverse population of entrepreneurs such as pet food products, hemp products, cannabis products, outdoor enthusiasts, hikers, preppers and they are also becoming increasingly popular among people who want convenient, healthy, and long-lasting food options. The market share value of freeze-dried products is increasing, and the future of freeze-dried food is expected to be promising.
According to a recent report by Allied Market Research, the global freeze-dried food market was valued at $47.4 billion in 2020 and is projected to reach $65.1 billion by 2027, growing at a CAGR of 4.2% from 2021 to 2027. The report lists some of the key factors influencing the growth of the freeze-dried food market as the rising demand for healthy and convenient food options, the popularity of outdoor activities, the rise of e-commerce, and the growing awareness about food waste.
The market is seeing increased demand for ready-to-cook meals or ready-to-consume foods, which can be easily incorporated into consumers' daily routines and lifestyles. Health food companies, creating on the go healthy meals and supplements for everyday use. Cereals, fruit snacks, veggie snacks, desserts and more. According to Yahoo finance “Healthy snacking is a growing trend. Consumers are continuously focusing on their health and looking for food products, which are vegan, gluten-free, and all-natural, pushing manufacturers across the world toward freeze-dried snacks on the retail shelves.” This makes it an excellent choice for those who prioritize their health while maintaining a busy lifestyle. With freeze-dried options readily available, individuals can now enjoy nutritious meals without compromising on quality.
Furthermore, prominent manufacturers in the market are launching innovative products in the freeze-dried market, with new ideas and adventures. Such as the Cannabis Market, treat, candy, foods and more infused with high quality THC that has been freeze dried, for optimum preservation.
The possibilities are endless.
Frozen Food Market Size, Share, Analysis | Forecast 2032 (alliedmarketresearch.com)
Freeze-Dried Food - Industry Overview and Forecast, 2021-2026 (yahoo.com)