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Global Market Insights, Inc. has added a new report on Freeze Dried Fruits & Vegetables market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of market in tandem with its competitive terrain.

Freeze Dried Fruits & Vegetables industry is likely to reach around USD 69 billion by 2025 with a CAGR of 7.3%. Freeze dried fruits & vegetables market will be driven by increasing demand from food packaging industry. They are extensively used in appetizers, instant soups, confectionaries, snacks, ice creams, bakery products, pasta dishes, vegetable dips dressings, pastries, etc. This is all due to their ability to retain taste, size and nutritional value of food products. Freeze drying provides protection from microbiological contaminants and prolong shelf life of food items. As packaged food industry will witness favorable growth trends in the future, it will bolster the demand of freeze dried fruits & vegetables market in future.

Freeze dried fruits & vegetables market will face restrictions due to its high cost. The cost of freeze drying process and equipments used for the process adds to the total costs significantly. Also, people are not well-known about the benefits of freeze drying which will pose certain limitations to freeze dried fruits & vegetables market growth by 2025.

Freeze dried fruits & vegetables market is segmented on the basis of three categories viz. product, form and distribution channel. Based on product, the market is sub-categorized into vegetables, fruits and coffee beans. Fruits segment is expected to grow with a CAGR more than 7% in terms of revenue. Vegetables segment is likely to surpass USD 18 billion revenue share during the forecast time span. The product are used to add flavors to food products along with improvement in its quality leading to its market growth.

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The freeze dried fruits & vegetables market is characterized by the presence of a large number of manufacturers spread across the globe. Asia Pacific, mostly China, Japan, and South Korea has several medium and small-scale manufacturers catering to demand from local customers. Some of the key players in the market includes Nestle S.A., Mondelez International, The Kraft Heinz Company, The J M Smucker Company, OFD Foods, Olam International, Asahi Group, Ajinomoto Co., Mercer Foods, Van Drunen Farms, European Freeze Dry Ltd. and many more. Rising demand for the product and technological developments in drying equipment is likely result in many new players entering the market by the end of the forecast timeframe.

Improvements in freezing technology has had a positive impact on the market development. The process not only helps in preserving different food items, but also decreases their volume and weight without having any negative impact on the nutritional content. This enables their usage in a broad range of packaged and ready-to-eat food products. Developments in the processing and packaging technology in the future will have a profound effect on the market growth.

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In terms of revenue, Europe will capture more than 30% share in forecast spell. This is all due to the rising demand from food packaging industries along with surge in personnel income level. North America freeze dried fruits & vegetables market is expected to grow with a CAGR more than 6%, in terms of revenue by 2025. The prominent players in freeze dried fruits & vegetables market are Nestle S.A., Olam International, Asahi Group, The Kraft Heinz Company, etc.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making.

These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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