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907057

North America Freeze-Dried Product Market Growth, Trends, and Forecasts (2019 - 2024)

Published: | Mordor Intelligence Pvt Ltd | 100 Pages | Delivery time: 2-3 business days

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North America Freeze-Dried Product Market Growth, Trends, and Forecasts (2019 - 2024)
Published: May 1, 2019
Mordor Intelligence Pvt Ltd
Content info: 100 Pages
Delivery time: 2-3 business days
  • ALL
  • Description
  • Table of Contents
Description

Market Overview

North America freeze-dried product market is growing at a CAGR of 6.87% during the forecast period (2019-2024).

  • Manufacturers are expanding their product portfolio with the launch of freeze-dried foods to cater to the growing demand in the country.
  • The increased pace of the logistics transportation available with e-commerce platforms prompts the manufacturers to launch their products online through their own company website.

Scope of the Report

North American freeze-dried foods are available as fruits, vegetables, dairy products, meat and seafood, and prepared foods. The high demand for convenience food and other ready-to-eat food and beverage products, owing to busy lifestyles and rising income levels of people in the region, is further leading to the increased consumption of the products.

Key Market Trends

Mexico Witnessed as Fastest Growing Country

The growing middle-class population and the availability of products of international players in the country are leading to the increased demand for freeze-dried foods. Moreover, the consumers in the country are opting for freeze-dried products as they have become an easy meal choice, are convenient and provides a long shelf life. Products, such as freeze-dried yogurt, are also a delicious, on-the-go snack consumed during lunches and car trips, thereby making it a popular product in the country.

The United States Held the Largest Market Share

The United States held the largest share of the North America freeze-dried product revenues in 2018. In the United States, consumers are increasingly demanding freeze-dried foods like gluten-free mozzarella cheese that are used for making meal preparations easier, owing to the hectic lifestyle of individuals. Also, with many manufacturers in the country expanding their product portfolio by launching freeze-dried foods, the market is set to grow rapidly in the region.

Competitive Landscape

OFD Foods Inc., Thrive Life, LLC., Wise company, and Harmony House Foods Inc., are some of the companies leading the freeze-dried foods market in North America. The manufacturers are focusing on expanding and introducing new products according to the consumers' changing preferences. Product innovation along with expansion is one of the key strategies that players in the region are adapting to stay ahead among competitors.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • Report customization as per the client's requirements
  • 3 months of analyst support
Table of Contents
Product Code: 56555

Table of Contents

1 INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

  • 3.1 Market Overview

4 MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 By Product Type
    • 5.1.1 Freeze-dried Fruits
    • 5.1.2 Freeze-dried Vegetables
    • 5.1.3 Dairy Products
    • 5.1.4 Meat and Seafood
    • 5.1.5 Others
  • 5.2 Geography
    • 5.2.1 North America
      • 5.2.1.1 United States
      • 5.2.1.2 Canada
      • 5.2.1.3 Mexico
      • 5.2.1.4 Rest of North America

6 COMPETITIVE LANDSCAPE

  • 6.1 Most Active Companies
  • 6.2 Most Adopted Strategies
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 OFD Foods Inc.
    • 6.4.2 Thrive Life, LLC.
    • 6.4.3 Harmony House Foods, Inc.
    • 6.4.4 Nestle SA
    • 6.4.5 Wise Company
    • 6.4.6 Honeyville, Inc.
    • 6.4.7 Graham Partners

7 MARKET OPPORTUNITIES AND FUTURE TRENDS