DUBAI, U.A.E, Aug. 11, 2020 /PRNewswire/ -- According to Future Market Insights, the air-dried food market will surpass a whopping US$ 93 Bn by 2020-end, expand positively across the forecast period.
Rising demand for preserving the nutritional quotient within packaged foods is bolstering the adoption of air-drying techniques since a long time. It is evident that consumers are demanding more foods offsetting various diseases and providing better health benefits. This trend has opened up doors for organic food manufacturers.
Air-drying foods helps retain nutritional value by eliminating moisture through evaporation. This ensures that packaged foods are not infected by fungi, mold or bacteria, thereby increasing their shelf-lives. Nowadays, demand for ready-to-eat packaged foods is rising, attributed to the adoption of fast-paced lifestyles, providing major traction to air-dried foods in the forecast period.
"Vendors are emphasizing on developing advanced packaging techniques, such as glass, polyethylene or polypropylene, which act as effective contamination barriers and enhance the self-life of products," says the FMI analyst.
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Key Takeaways from FMI's Air-dried Food Market Report
- Powder & Granule form air-dried foods will hold dominance from 2020-2030
- Coffee will be the most popular air-dried beverage to hit the shelves
- Household-grade air-dried foods to capture a major chunk of the demand, with cereals being the most consumed food item
- Air-dried pet meat is another popular household food item which will hold sway in the coming years
- Global air-dried food market shall surge at 7% CAGR from 2020-2030
- Europe will retain its hegemony in terms of air-dried food sales
Air-dried Food Market- Key Trends
- Air-dried foods are acquiring traction due to consumers' willingness to pay a premium price for high-nutrition foodstuffs
- Producers are opting for inertness inducing packaging materials such as polypropylene and glass
- Enhanced demand for ready-to-eat packaged foods during COVID-19 is heightening market prospects for air dried foods.
- Demand from multiple sectors is increasing scope for differentiation, leading to launching of new food products
Air-dried Food Market- Region-wise Analysis
- Strong and effective retail chains are providing immense traction to the European air-dried food market
- Improving living standards is accelerating demand for ready-to-eat meals in Asia which is boding well for the market
- China & India will emerge as the frontrunners of the Asian dried-food market growth due to the presence of a robust packaging and consumer goods industry
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Air-dried Food Market- Competitive Landscape
The global air-dried food market is extremely competitive, characterized by the presence of multiple vendors. Some prominent ones include, but are not limited to, Nestle S.A, FREEZE-DRY FOODS, B-B Products (Australia) Pty Ltd., HOWENIA ENTERPRISE CO LTD., DMH Ingredients Inc., Saraf Food Pvt. Ltd., Berrifine A, Dehydrates Inc. and La Frubense.
The market is characterized by significant product launches and collaborations which provide a major edge to the players. With respect to product launches, Saraf Foods Pvt. Ltd (India) manufactures air and freeze-dried vegetables, fruits and dried herbs for commercial and residential grade consumption.
Similarly, HOWENIA ENTERPRISE manufactures a host of products such as pickled jalapenos, purple potato flakes, redbean powder, potato flakes and green asparagus powder which are air-dried.
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Air-dried Food Market Taxonomy
Form
- Powder & Granule
- Chunks & Pieces
- Flakes
End User
- Household
- Commercial
Region/Country
North America
- U.S
- Canada
Latin America
- Brazil
- Mexico
- Rest of Latin America
Europe
- EU-5
- Russia
- Rest of Europe
East Asia & Pacific
- China
- Japan
- South Korea
- Rest of East Asia
South Asia & ASEAN
- India
- Thailand
- Indonesia
- Malaysia
- Rest of South Asia
Middle East & Africa
- GCC
- South Africa
- North Africa
- Rest of MEA
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Get Valuable Insights into Air-dried Food Market
Future Market Insights, in its new report, presents an unbiased analysis of the global air-dried food market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. A detailed segmental analysis across prominent regions has been incorporated within the scope of this report, enabling readers to glean valuable qualitative and quantitative insights and include them in their upcoming business operations throughout the forecast period.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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