North America Freeze-Dried Food Market: Industry Analysis and Forecast (2024-2030)
North America Freeze-Dried Food Market is estimated to grow at a CAGR of 6.9% during the forecast period.Market is expected to reach US$ 54.19 Bn in 2030
Format : PDF | Report ID : SMR_833
North America Freeze-Dried Food Market Overview:
The freeze-dried food market in North America has been driven by the growing demand for foods that require less preparation. The demand for freeze dried fruit and vegetables in various sorts of processed foods has also increased. During the forecast period, the regional market is likely to be driven by an increase in natural ingredient consumption, notably in the United States. The region's well-established and powerful distribution systems have aided in the easy delivery of items.
To meet the increased demand in the region, manufacturers are expanding their product offering by introducing freeze-dried foods. Manufacturers are launching their items online through their own corporate website due to the enhanced speed of logistics transportation possible with e-commerce platforms.
To get more Insights: Request Free Sample Report
North America Freeze-Dried Food Market Dynamics:
Snacking on healthy foods is becoming more popular. Consumers are increasingly concerned about their health and seeking vegan, gluten-free, and all-natural foods, prompting producers throughout the world to place freeze-dried snacks on store shelves. Berry Golden, for example, sells a freeze-dried snack called Golden Berry Bites, which is a light, nutritious food item with no added sugar or preservatives and antioxidants as well as vitamins A, C, B1, and B3. The berries are also fat-free, high in fiber, and enjoyed by both children and adults.
In the coffee industry, the freeze-drying method is widely employed to produce instant coffee granules. This method of drying coffee granules keeps the natural flavor of the beans while also removing all moisture, making it easier to store and transport to other regions of the world. In the future years, rising demand for instant coffee is expected to be a major market driver all over the world. However, one of the significant hindrances to the overall freeze-dried fruits and veggies market growth during the assessment period is expected to be the high cost of product manufacture.
During the forecast period, increased product recalls is expected to be a major problem for the freeze-dried foods industry. The majority of manufacturers get their raw materials from third-party vendors. Improper handling of these raw materials or supplies can compromise the completed product's safety and quality. Any country's food regulatory and compliance agencies have the authority to close a business and recall its products if they constitute a risk to customers' health. A product recall has a significant impact on a company's brand image, operations, and sales.
North America Freeze-Dried Food Market Segment Analysis:
Based on Product, the North America Freeze-Dried Food Market is segmented into Freeze-Dried Fruits, Freeze-Dried Vegetables, Free-Dried Poultry, Freeze-Dried Meat & Seafood and Others. During the forecast period, the freeze-dried fruits sector is expected to gain a major proportion of the North American freeze-dried foods market. Consumer demand for freeze-dried fruits is growing since they can be stored for longer periods of time than fresh fruits and taste comparable to fresh fruits. Freeze-drying technology can also be used to solve seasonality difficulties with other crops. During the forecast period, the freeze-dried fruits market is expected to be driven by rising demand for natural food items and rising adoption of a healthy lifestyle.
Based on Distribution Channel, The North America Freeze-Dried Food market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online Stores and Others. The rise of organized retail sector is expected to be the primary drivers driving growth in the North American freeze-dried food market. Two of the most important offline distribution channels for freeze-dried foods are hypermarkets and supermarkets. Consumers may choose from a broad range of freeze-dried meals thanks to organized retailing, which simplifies the purchasing process and allows them to choose from a diverse range of freeze-dried foods. One of the primary factors expected to drive market expansion during the forecast period is an increase in the number of organized merchants supplying private-label freeze-dried goods.
North America Freeze-Dried Food Market Regional Insights:
In the United States, consumers are favoring healthy food ingredients in their food products. Obesity and diabetes are prominent in the country, prompting people to focus on a healthier lifestyle that emphasizes fitness. During the projection period, the regional market is likely to be driven by rising natural ingredient consumption, notably in the United States. In the United States, there is a growing trend toward healthy snacking, which presents a big opportunity for the freeze-dried food industry. The industry has been pushed by a growing consumer demand for high-quality ingredients that meet clean-label requirements. Consumers in the United States are increasingly seeking freeze-dried items such as gluten-free mozzarella cheese, which are utilized to make meal preparations easier due to people's hectic lifestyles. Furthermore, with many manufacturers in the country increasing their product offering by introducing freeze-dried meals, the market in the region is expected to increase rapidly.
Mexico has been identified as a country with the highest CAGR. Increased demand for freeze-dried meals is being driven by the country's expanding middle-class population and the availability of multinational players' products. Furthermore, freeze-dried items are becoming a popular dinner option in the country because they are convenient and have a long shelf life. Freeze-dried yoghurt, for example, is a tasty on-the-go snack that is consumed during meals and vehicle journeys, making it a popular product in the country.
The objective of the North America Freeze-Dried Food report is to present a comprehensive analysis of the North America Freeze-Dried Food market to the stakeholders in the industry. The North America Freeze-Dried Food report provides trends that are most dominant in the North America Freeze-Dried Food market and how these trends are expected to influence new business investments and market development throughout the forecast period. The North America Freeze-Dried Food report also aids in the comprehension of the North America Freeze-Dried Food Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the North America Freeze-Dried Food market report will assist in understanding which market segments, regions, and factors affecting the North America Freeze-Dried Food market, as well as key opportunity areas, will drive the industry and market growth over the forecast period. The North America Freeze-Dried Food report also includes the competitive landscape of key industry players, as well as their recent developments in the North America Freeze-Dried Food market. The North America Freeze-Dried Food report investigates factors such as company size, market share, market growth, revenue, production volume, and profits of the market's key players.
The report includes Porter's Five Force Model, which aids in the development of market business strategies. The report assists in determining the number of competitors, who they are, and the quality of their products in the North America Freeze-Dried Food market. The report also examines whether it is easy for a new player to gain a foothold in the North America Freeze-Dried Food market, whether they enter or exit the market on a regular basis, whether the market is dominated by a few players, and so on.
The North America Freeze-Dried Food report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the North America Freeze-Dried Food market. Economic variables aid in the analysis of economic performance drivers that have an impact on the North America Freeze-Dried Food market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the North America Freeze-Dried Food market is aided by legal factors.
North America Freeze-Dried Food Market Scope:
North America Freeze-Dried Food Market |
|
Market Size in 2023 |
USD 33.97 Bn. |
Market Size in 2030 |
USD 54.19 Bn. |
CAGR (2024-2030) |
6.9 Percent |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
by Product Type
|
by Distribution Channel
|
|
Country Scope |
United States Canada Mexico |
North America Freeze-Dried Food Market Key Players
- Freeze Dry Foods LLC (U.S.)
- Mondelez International Inc. (U.S.)
- The Hain Celestial Group Inc. (U.S.)
- The Kraft Heinz Co. (U.S.)
- Harmony House Foods Inc. (U.S.)
- My Patriot Supply (Patriot Pantry) (U.S.)
- Mountain House (U.S.)
- Legacy Food Storage (U.S.)
Frequently Asked Questions
U.S. is expected to hold the highest share in North America Freeze-Dried Food Market.
The North America Freeze-Dried Food Market is expected to grow at a CAGR of 6.9% during the forecast period. North America Freeze-Dried Food Market is expected to reach US$ 54.19 Bn. in 2030 from US$ 33.97 Bn in 2023.
- Scope of the Report
- Research Methodology
- Research Process
- North America Freeze-Dried Food Market: Target Audience
- North America Freeze-Dried Food Market: Primary Research (As per Client Requirement)
- North America Freeze-Dried Food Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Stellar Competition matrix
- Key Players Benchmarking: by Product Type, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Industry: M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- North America Freeze-Dried Food Market Segmentation
- North America Freeze-Dried Food Market, by Product Type (2023-2030)
- Freeze-Dried Fruits
- Freeze-Dried Vegetables
- Free-Dried Poultry
- Freeze-Dried Meat & Seafood
- Others
- North America Freeze-Dried Food Market, by Distribution Channel (2023-2030)
- Supermarkets & Hypermarkets
- Convenience Stores
- Online Stores
- Others
- North America Freeze-Dried Food Market, by Country (2023-2030)
- U.S.
- Canada
- Mexico
- Panama
- Rest of North America
- North America Freeze-Dried Food Market, by Product Type (2023-2030)
- Company Profiles
- Key Players
- Freeze Dry Foods LLC (U.S.)
- Company Overview
- Product Portfolio
- Financial Overview
- Business Strategy
- Key Developments
- Mondelez International Inc. (U.S.)
- The Hain Celestial Group Inc. (U.S.)
- The Kraft Heinz Co. (U.S.)
- Harmony House Foods Inc. (U.S.)
- My Patriot Supply (Patriot Pantry) (U.S.)
- Mountain House (U.S.)
- Legacy Food Storage (U.S.)
- Freeze Dry Foods LLC (U.S.)
- Key Players
- Key Findings
- Recommendations