Report ID: SQMIG30I2162
Report ID:
SQMIG30I2162 |
Region:
Global |
Published Date: July, 2036
Pages:
165
|Tables:
91
|Figures:
76
Global Air Dried Food Market size was valued at USD 110.49 billion in 2022 and is poised to grow from USD 118.22 billion in 2023 to USD 203.13 billion by 2031, growing at a CAGR of 7.0% in the forecast period (2024-2031).
The process of air drying involves removing moisture from a range of foods to increase their shelf life and prevent bacterial cross-contamination. The idea of evaporation, in which water is evaporated using heated air, provides the foundation for air drying.
The air dried food market's prospects will grow as a result of increased health consciousness, evolving lifestyles, and rising consumer willingness to pay more for convenience goods.
Additionally, simple availability to a wide range of packaging materials and advanced technology have increased the air-dried food industry's potential for expansion on a global scale. Positive air dried food market growth has been influenced by the development of improved packaging materials, such as paper packets, stand-up pouches, and wooden packaging.
Leading manufacturers have started using cutting-edge packaging techniques to shield their goods from contaminants that can be caused by humidity, temperature, and microbes. Additionally, packaging increases product longevity and shields it from transportation-related harm. In light of this, the growth of the packaging sector will likely lead to an increase in demand for dehydrated nutritious products in the future years.
In the projection period of 2022 to 2028, an increase in the number of advanced air dried food product launches will lead to further profitable prospects for the market. However, the government recommendations and limits imposed as a result of the COVID-19 epidemic may potentially cause the supply chain to slow down and get disrupted, which might significantly slow the rate of air dried food market expansion.
US Air Dried Food Market is poised to grow at a sustainable CAGR for the next forecast year.
To get more reports on the above market click here to Buy The Report
The global air dried food market is segmented based on product type, form, technique and region. Based on product type it is categorized into fruits & vegetables, herbs & spices, meat & seafood, coffee beans, others. Based on form it is categorized into: powder, granules, flakes. On the basis of technique the market is bifurcated into hot air dried food, freeze dried food. Based on region, Air Dried Food Market is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Air Dried Food Market Analysis by Form
In 2021, the air-dried food market was driven by the powder and granules category, which accounted for more than 40% of total revenue. To improve taste, flavour, and nutritional content, air-dried food is frequently utilised in bakeries, daily meals, and beverages. The segment has grown over the past few years as a result of rising demand for spray-dried coffee powder.
Because more recipes and cuisines are using this air-dried food form, chunks and pieces will experience the fastest rise in the next years. It has found use in a variety of goods, including ready-to-eat foods, cakes, and pastries. These air-dried food forms can also be used as toppings for a variety of cuisines.
As a result, businesses are also extending their selection of air-dried chunks and bits. For the Christmas season, Nims Fruit Crisps Limited, for instance, introduced three limited-edition kinds of crisps in the U.K. in November 2019.
Air Dried Food Market Analysis by Product
Due to the rising popularity of the spray drying procedure used to produce spray-dried instant coffee powders, the coffee bean segment has the largest air dried food market share, accounting for more than 30% in 2021. Compared to freeze-drying, the spray-dried method offers a faster drying time and a much larger economic scale of production, which is why many enterprises in the sector are now focusing on the adoption of such technologies. Additionally, there has been a significant increase in the demand for coffee in recent years, largely due to the growing popularity of the beverage among young people worldwide, particularly in China and India.
Over the projection period, the category for fruits and vegetables is anticipated to grow at the quickest CAGR. The air dried food market is being driven by the growing desire for ready-to-eat food with a longer shelf life. Due to their nutritious significance, fruits and vegetables are becoming more popular in the food processing and restaurant industries.
To get detailed analysis on other segments, Request For Free Sample Report
In 2021, with a market share of 65 % in the region, the value of air-dried food in the North American region is 42 billion dollars, or 39% of the value of air-dried food worldwide. The growth of these naturally air-dried food products has been spurred by a change in consumer preferences toward health-related goods. Customers have been found to choose natural cheese, cheddar, and expensive speciality cheeses. The "organic trend" has already taken off in the nation due to a rise in demand for Air-dried goods such milk powders, spices, fruit, vegetable, and animal products. Due to consumer demand for ethnic cuisines and their eagerness to sample new sensations, spice and dressing sales are expected to grow in the future.
Due to the increased demand for prepared meals in nations like China and India, Asia Pacific is expected to develop at the fastest rate in the future years. The region's sales of air-dried food will increase as a result of the rising number of dual-income households driving up convenience food demand.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Air Dried Food Market Driver
Air Dried Food Market Restraint
Request Free Customization of this report to help us to meet your business objectives.
Top Players in the Air Dried Food Market
Air Dried Food Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, by form, the powder and granules segment is estimated to have the largest share of the market with more than 40%. Product type-wise, the coffee beans segment has dominated the market with almost 30% of share in the year 2021. Region-wise, the North America region accounted highest market share with more than 39% of total market revenue.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 110.49 billion |
Market size value in 2031 | USD 203.13 billion |
Growth Rate | 7.0% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Air Dried Food Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Air Dried Food Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Air Dried Food Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Air Dried Food Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG30I2162