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Freeze-dried Powder Market Trends

Report ID: GMI11565
Published Date: Sep 2024
Report Format: PDF

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Freeze-dried Powder Market Trends

The freeze-dried powder industry is experiencing significant growth, driven by increasing consumer demand for convenient and shelf-stable food products. According to the U.S. Department of Agriculture (USDA), the value of U.S. exports of dehydrated and freeze-dried food products reached USD1.3 billion in 2020, indicating a growing international market. The health and nutrition trend is also fueling market expansion, with the National Institutes of Health (NIH) reporting that 57.6% of U.S. adults used dietary supplements in 2017-2018, many of which contain freeze-dried ingredients.

Technological advancements are enhancing product quality and applications, while sustainability concerns are prompting eco-friendly practices. The U.S. Food and Drug Administration (FDA) has reported an increase in food additive petitions for freeze-dried ingredients, reflecting the expanding use of these products in various food applications. Additionally, emerging markets in Asia-Pacific and Latin America are contributing to growth, with the Food and Agriculture Organization (FAO) of the United Nations projecting a 14% increase in food consumption in developing countries by 2030, potentially boosting demand for preserved food products like freeze-dried powders.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of freeze-dried powder reached USD 26.9 billion in 2023 and is set to grow at a CAGR of over 8.6% from 2024 to 2032. This growth is driven by increased demand across various sectors, including food and beverages, pharmaceuticals, and nutraceuticals.

The freeze-dried fruit powder market is anticipated to reach USD 17.4 billion by 2032, growing at a CAGR of over 7.6%. This growth is driven by rising demand for nutritious options in snacks, smoothies, and baked goods, appealing to health-conscious consumers.

The food and beverages is projected to grow at a CAGR of around 8%, reaching a market size of USD 20.8 billion by 2032. This segment is fueled by consumer demand for convenient and long-lasting food products.

The online retail segment is expected to grow at a CAGR of 8.4%, achieving a market size of USD 19.1 billion by 2032. The convenience of online shopping and the availability of a wide range of products contribute to this trend.

The North American freeze-dried powder market is projected to reach USD 16.3 billion, growing at 8.3% CAGR from 2024 to 2032. Key drivers include demand for long-shelf-life food products, advancements in food processing methods, and popularity of outdoor activities.

Major players in the industry include Doehler Group SE, European Freeze Dry, Farmvilla Food, Paradise Fruits, SouthAm, Thrive Foods, and Verum Ingredients Inc.