Dry Blended Product Market Forecasts to 2030 - Global Analysis by Product, Form, Packaging Type, Consumer Type, Functionality, End User and By Geography

According to Stratistics MRC, the Global Dry Blended Product Market is accounted for $32.5 billion in 2024 and is expected to reach $44.3 billion by 2030 growing at a CAGR of 5.2% during the forecast period. A dry blended product is a combination of different materials, usually in the form of powder or granules that are made into a single, usable formulation. These goods are frequently found in food and drink items such soups, baking mixes, meal replacements, powdered drinks, and seasonings. The finished product, which is frequently made for convenience, simplicity of storage, and long shelf life, is guaranteed to be uniform and consistent thanks to the blending process.

Market Dynamics:

Driver:

Health and Wellness Trends

Consumer need for convenient, wholesome, and useful foods is fueling the market expansion for dry blended products due to health and wellness trends. Because of their alleged health benefits, products including meal replacements, protein powders, and dietary supplements are in high demand. The industry is growing as a result of consumers' desires for better lifestyles and the move towards clean-label, organic, and plant-based products. Furthermore, the global expansion of dry blended goods is further supported by the development in fitness culture and dietary awareness.

Restraint:

Storage and Shelf-life Issues

Storage and shelf-life concerns limit the industry by reducing product quality and lifespan. Ingredient deterioration and moisture absorption can lower nutritional value, flavor, and freshness. Costs rise and waste rates rise with short shelf lives. Furthermore, poor storage practices might erode consumer confidence and impede industry expansion. Distribution and profitability are impacted by the difficulties manufacturers encounter in guaranteeing ideal packaging and preservation, thus it limits market expansion.

Opportunity:

Innovation and Product Development

Innovation and product development are transforming the dry blended product market by bringing new formulas, flavors, and beneficial additives. Custom mixes are being made by businesses to address particular health issues like immune system support, weight control, and muscle repair. Utilizing cutting-edge processing methods improves the nutritional value, shelf life, and quality of the final product. These developments fuel market growth and heightened competition in the dry blended product industry by meeting changing consumer demands for convenience, variety, and health advantages.

Threat:

Health Concerns with Additives

The growth of the industry is hampered by health concerns about the additives used in dry mixed products. Demand for cleaner, additive-free substitutes is rising as customers get more conscious of the possible dangers associated with artificial substances such as colorants, taste enhancers, and preservatives. In the end, this move toward healthier options slows market expansion and profitability by forcing businesses to reformulate their products, which frequently results in increased manufacturing costs, a shorter shelf life, and difficulty satisfying consumer preferences.

Covid-19 Impact:

The COVID-19 pandemic disrupted the Dry Blended Product market through supply chain interruptions, labor shortages, and increased raw material costs. Demand for certain products, like home cooking ingredients, surged, while others, such as those used in hospitality, saw a decline. Manufacturers adapted by enhancing online sales and focusing on local sourcing. Overall, the market experienced both challenges and opportunities for growth amid changing consumer behavior and production shifts.

The pellets segment is expected to be the largest during the forecast period

The pellets segment is expected to be the largest during the forecast period due to their uniform size and shape improve mixing processes, ensuring high-quality blends. Additionally, pellets provide better storage, transport efficiency, and longer shelf life, making them a preferred choice in industries like food processing, agriculture, and pharmaceuticals. The trend towards automation and streamlined production further amplifies the demand for pelletized forms, supporting overall market growth.

The agriculture segment is expected to have the highest CAGR during the forecast period

The agriculture segment is expected to have the highest CAGR during the forecast period as demand for handy, ready-to-use food products rises, agricultural productivity must keep up. Product availability, cost effectiveness, and quality are all directly impacted by agricultural innovations like sustainable farming methods and increased crop yields. Furthermore, customer preferences for natural and organic ingredients in dry mixes are influenced by agricultural trends, which propel industry expansion and diversification.

Region with largest share:

North America is anticipated to hold the largest market share during the forecast period because of increasing consumer interest in customized and functional foods, such as protein-rich or low-carb blends, supports market growth. Additionally, the region's focus on clean-label products and organic ingredients enhances market expansion. Innovations in packaging, along with a growing preference for ready-to-use, versatile meal solutions, contribute to the sustained demand for dry blended products in North America.

Region with highest CAGR:

Asia Pacific is anticipated to witness the highest CAGR over the forecast period due to increasing consumer demand for convenient, ready-to-use food and beverage options. Factors such as urbanization, busy lifestyles, and rising disposable incomes are propelling the market forward. The region's expanding food processing industry and the growing preference for customized, flavour-rich blends further boost market demand. Additionally, innovations in product formulations and packaging are enhancing consumer appeal, positioning the Asia Pacific as a key market for dry blended products.

Key players in the market

Some of the key players in Dry Blended Product market include Hasegawa, Sensient Technologies, Botanicals, Takasago International, Frutarom, Givaudan, AromataGroup, Ginkgo BioWorks, Kerry Group, International Flavors and Fragrances, Symrise, Robertet, Firmenich, Mane and Nisshin Oillio.

Key Developments:

In November 2024, Kerry Group announced that it has entered into an agreement with Kerry Co-Operative Creameries Limited to sell Kerry Dairy Ireland for a total expected consideration of 500 million euros.

In December 2023, IFF International Flavors and Fragrances and Kemira announced their next step in the collaboration to commercialize a portfolio of unique, renewable polymers derived from IFF's cutting-edge Designed Enzymatic Biomaterials (DEB) technology platform.

In February 2023, Caldic has announced that it has established a strategic distribution partnership with Kerry Europe in 17 countries. This collaboration will significantly strengthen Caldic's extensive portfolio for the food industry as the agreement covers a broad range of Kerry products.

Products Covered:

• Food and Beverage Blends
• Pharmaceutical Blends
• Personal Care Blends
• Animal Feed Blends
• Other Products

Forms Covered:

• Powder Blends
• Granular Blends
• Capsules/Tablets
• Pellets

Packaging Types Covered:

• Pouches
• Cans/Bottles
• Bags
• Boxes
• Single Serve Packets

Consumer Types Covered:

• Individual Consumers
• Businesses

Functionalities Covered:

• Nutritional Blends
• Flavoring Blends
• Functional Ingredients

End Users Covered:

• Food and Beverages
• Medical Care
• Cosmetics and Personal Care
• Agriculture
• Chemical and Manufacturing

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances