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Report ID: SQMIG30I2105
Report ID:
SQMIG30I2105 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
86 |
Figures:
81
Global Freeze-Dried Food Market size was valued at USD 38.98 billion in 2022 and is poised to grow from USD 41.94 billion in 2023 to USD 75.36 billion by 2031, growing at a CAGR of 7.60% during the forecast period (2024-2031).
The market is driven by the growing popularity of camping, hiking, and other outdoor recreational activities and the increasing adoption of freeze-dried foods by the military and emergency response organizations. The demand for freeze-dried food is also increasing among consumers who are looking for convenient and healthy meal options that can be easily prepared. Additionally, the expanding consumer demand for healthy snacks along with product innovation, would contribute to the market's expansion. Nearly 80% of consumers worldwide are looking for snacks to improve their physical and mental well-being, according to a January 2022 article from Scotland Publishing, a network, trade, and development body for the book publishing sector in Scotland. Additionally, these food items add fresh flavor and nutrients to emergency food storage, which is expected to boost sales in the time period under consideration.
US Freeze-Dried Food Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30I2105