Global Freeze-Dried Vegetable Market - 2023-2030

Overview

Global Freeze Dried Vegetables Market reached US$ 84.2 million in 2022 and is expected to reach US$ 147.1 million by 2030 growing with a CAGR of 8.2% during the forecast period 2023-2030. An increase in the trend of consumption of healthy snack options helps to boost freeze dried vegetables market.

The freeze-dried vegetables market is experiencing rapid growth driven by rising demand for convenient and nutritious food options. This preservation method involves removing moisture to extend shelf life while retaining nutritional value and flavor. With applications in snacks, meals and emergency food supplies, freeze-dried vegetables offer convenience and versatility.

Freeze drying is widely regarded as the optimal technique for preserving food's nutritional integrity. This is due to its ability to eliminate nearly all water content without exposing the food to elevated temperatures, which could degrade vital nutrients. In practice, freeze drying can maintain as much as 97% of a food's nutritional composition intact, encompassing essential vitamins, minerals and enzymes.

Freeze-dried corn commands a substantial 2/6th market share within the global freeze-dried vegetables market, showcasing its popularity. Notably, North America emerges as the dominant player, capturing a significant 2/5th market share, underscoring its strong influence. This regional dominance is fueled by growing consumer demand for convenient and nutritious food options.

Dynamics

Rising Demand for Convenience Food

Freeze-dried vegetables market trends are driven by the convenience factor, bolstered by freeze-drying's efficiency in dehydration and subsequent rehydration, enhancing shelf stability. The time-saving appeal of freeze-dried vegetables, attributed to their rapid reconstitution during meal preparation, resonates well with today's fast-paced lifestyles.

Time-saving and convenience trends positively influence freeze-dried vegetables share and freeze-dried vegetables size, as consumers prioritize hassle-free yet nutritious options. Freeze-drying's preservation of natural flavors and nutrients contributes to the popularity of freeze-dried vegetables. As the freeze-dried vegetable market expands, convenience remains a key driver, underscoring the crucial role of innovative techniques like freeze-drying in meeting evolving consumer preferences.

Increase in the Working Women Population

Continuously increasing women's employment rate helps the market to grow. For working women, it is not easy to cook fresh meals all the time owing to their busy schedules. Globally more women are joining the workforce and due to this, they got less time for cooking at home. According to Teamstage.io in 2023, around 47.7% share is accounted for by the women workforce. Canada has the highest percentage of women workforce accounted 61.3%. That increase in the working women population helps to boost market growth.

Freeze-dried vegetables provide convenient and healthy options for busy working professional women who may not have more time for cooking. Freeze-dried vegetables make it easier to cook, as it requires little or no preparation. This convenience not only appeals to working women but also to other busy individuals, such as students and people with busy lifestyles. These advantages of freeze-dried vegetables help to boost market growth over the forecast period.

High Process and Equipment Cost

Freeze-dried vegetables have high costs due to the addition of equipment costs needed for the processing of freeze-dried vegetables. Freeze-dried vegetables face competition from fresh, frozen and canned vegetables, which are generally more budget-friendly. Consumers may opt for these alternatives instead of freeze-dried options.

Consumers and businesses are sensitive to price variations, especially during economic downturns, leading to reduced demand for premium-priced freeze-dried vegetables. High costs may make freeze-dried vegetables less competitive in international markets compared to lower-priced alternatives.

Segment Analysis

The global freeze-dried vegetables market is segmented based on vegetable, form, distribution channel, application, end-user and region.

Rising Demand for the Freeze-Dried Corn

An increase in the consumer's demand for freeze-dried corn helps to boost segment growth over the forecast period due to the increasing applications of freeze-dried corn such as salads, soups, casseroles and snacks. Corn's versatility makes it an attractive addition to many dishes. Freeze-dried corn is gluten-free and suitable for individuals with various dietary allergies. Increase in the consumer's demand for freeze-dried corn because it is suitable for various food recipes.

An increase in the product launches of freeze-dried corn helps to boost segment growth over the forecast period. For instance, on December 07, 2020, Brothers All Natural launched crunchy, savory freeze-dried sweet corn with salt and pepper in the market. The newly launched product itree-nut-free, soy-free, peanut-free and gluten-free. The newly launched product is available on the BrothersAllNatural.com website.

Geographical Penetration

Health Benefits and Rise in Disposable Income

U.S. and Canada, key players in the region, hold significant shares due to rising disposable incomes. The growing demand for freeze-dried vegetables, appreciated for health benefits including nutrient retention, extended shelf life, convenience and versatility, has driven market growth. Freeze-dried vegetables, catering to consumers' busy lifestyles, find favor in the food service industry too.

Notably, innovative packaging solutions enhance quality control and moisture content, complementing vacuum sublimation and microstructure preservation. For instance, on June 05, 2021, Sow Good Inc. launched its new direct-to-consumer brand unveils its first product line of freeze-dried fruit & vegetable snacks and smoothies.

Competitive Landscape

The major global players include: McCall Farms, BCFoods, Chaucer Foods Ltd, Cafune foods, Hanover Foods, GARON FOODS INDIA, B.Y. Agro & Infra Ltd., Dawtona Frozen, Harmony House Foods, Inc. and Cascadian Farm Organic.

COVID-19 Impact Analysis

COVID-19 Impact

The COVID-19 pandemic significantly impacted the freeze-dried vegetables market. With lockdowns and supply chain disruptions, consumer demand for shelf-stable and nutritious food surged, boosting the market. Freeze-dried vegetables, offering extended shelf life and convenience, aligned with changing consumption habits during the pandemic.

However, production challenges and transportation disruptions led to sporadic shortages. As the pandemic heightened health awareness, freeze-dried vegetables gained traction as a viable option for home cooking and emergency supplies. While facing short-term challenges, the market adapted to evolving consumer needs, emphasizing the importance of resilient supply chains and innovative solutions in times of crisis.

Russia- Ukraine War Impact

The Russia-Ukraine war exerted notable effects on the freeze-dried vegetables market. Disrupted trade routes, geopolitical uncertainties and supply chain disruptions hindered the sourcing and distribution of freeze-dried vegetables. Fluctuations in transportation and border closures led to challenges in maintaining consistent supplies.

The market experienced shifts in demand and pricing due to economic uncertainties and altered consumer behaviors. Additionally, resources diverted to address the conflict may have affected production and distribution networks, potentially leading to shortages. The impact on the freeze-dried vegetables market depended on the duration and severity of the conflict, highlighting the susceptibility of global supply chains to geopolitical events.

By Vegetable

• Beans
• Corn
• Peas
• Potatoes
• Cabbage
• Cauliflower
• Other

By Form

• Powders and Granules
• Chunks
• Flakes and Others

By Distribution Channel

• Supermarket and Hypermarket
• Specialty Stores
• Online Stores
• Others

By Application

• Breakfast Cereal
• Soups and Snack
• Ice Cream and Desserts
• Bakery and Confectionery
• Dips and Dressings
• Others

By End-User

• Commercial
• Household
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico

• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe

• South America
  • Brazil
  • Argentina
  • Rest of South America

• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific

• Middle East and Africa

Key Developments

• On May 05, 2021, Sow Good, a new freeze-dried food brand launched plant-based food offerings in the market. The first product line includes freeze-dried fruits and vegetables snacks and smoothies
• On March 06, 2020, Harvester Farms launched freeze-dried sugar snap peas with salt and pepper. it is an ideal blend of savory and crunchy flavor
• On August 24, 2021, Mediterranean Food Brand Afia launched Sun-Dried Tomato Falafel in the market. The new launched product is first ready-made appetizer for the company

Why Purchase the Report?

• To visualize the global freeze-dried vegetables market segmentation based on vegetable, form, distribution channel, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of freeze-dried vegetables market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global freeze-dried vegetables market report would provide approximately 77 tables, 85 figures and 197 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies