The global freeze-dried food market was valued at USD 10.5 billion in 2021 and is projected to expand at a CAGR of 8.4% from 2022 to 2030. The rising demand for convenience foods, growing health consciousness among consumers, and increasing disposable income are some of the factors driving the market. Furthermore, the growing demand for freeze-dried products in the pet food industry is also contributing to the market growth.

Freeze-drying is a process in which food is frozen and then dried in a vacuum chamber. The process helps to retain the original shape, texture, taste, and nutritional value of the food, while also increasing its shelf life. Freeze-dried products, such as fruits and vegetables, are gaining popularity due to their convenience, nutritional value, and portability. Furthermore, the process helps in preserving the flavor, texture, and aroma of the food, making it a favorite among consumers. Increasing awareness of the health benefits of consuming freeze-dried food is also driving the market.

The rising demand for convenience food among consumers due to hectic lifestyles is expected to fuel the market. Furthermore, the growing trend of veganism and vegetarianism is also driving demand for freeze-dried foods. Additionally, the increased demand for protein-rich snacks, such as nuts, seeds, and dried fruits, is expected to drive the market during the forecast period.

Moreover, the growing demand for freeze-dried food products in the pet food industry is also contributing to the market growth. Freeze-dried pet food products offer a balanced diet to animals, and pet owners are increasingly opting for these products due to their convenience and nutritional value. Furthermore, the introduction of innovative products, such as organic and gluten-free freeze-dried pet food, is driving the market.

The availability of a wide range of freeze-dried food products, such as fruits and vegetables, grains, dairy products, and proteins, is also driving the market. Furthermore, the increasing presence of e-commerce platforms is aiding the growth of the market by providing a wide variety of products at competitive prices. Additionally, the availability of custom-made products and promotional offers on e-commerce platforms is further driving the market.

The snacks segment is anticipated to expand at the fastest CAGR of 8.4% during the forecast period. Growing demand for healthy snacks is driving the market for freeze-dried food products. According to an article published by The Packer, in December 2019, freeze-dried snacks have become one of the fastest growing segments in the snack market. Furthermore, freeze-dried food products provide consumers with convenience, long shelf life, and a clean label, which are some of the key factors driving their demand.

The meal replacement segment is projected to account for the largest share of the freeze-dried food products market, in 2022. Increasing demand for meal replacement products due to rising health concerns among consumers is aiding the segment’s growth. Additionally, growing health consciousness among consumers, coupled with an increasing preference for plant-based products, is driving the market’s growth. According to an article published by Food Navigator, in January 2020, freeze-dried food products such as meal replacement bars are gaining popularity due to their convenience and nutritional content.

The supermarkets and hypermarkets segment dominated the market in 2022, with a market share of over 37.3%. The rising number of supermarkets and hypermarkets, especially in emerging economies, is a major factor driving the growth of this segment. Supermarkets and hypermarkets not only provide a wide variety of food products, including freeze-dried food, but also enable customers to compare prices and products easily. In addition, the presence of a trained staff in supermarkets and hypermarkets helps customers understand the product offerings, which further boosts the demand for freeze-dried food products in this segment.

The online segment is expected to expand at the highest CAGR of 12.6% during the forecast period. The convenience of online shopping and the increasing penetration of the internet has enabled customers to access a wide range of freeze-dried food products from online retailers. In addition, online retailers offer attractive discounts, which further increases the sales of freeze-dried food products. Moreover, online retailers are increasing their presence in emerging economies, which is further expected to drive the growth of this segment.

The freeze-dried food products segment accounted for the largest revenue share of 59.6% in the year 2022. The rising awareness about the health benefits of freeze-dried food is driving the market growth. These products are free from preservatives and are rich in nutrients which encourages consumers to invest in them. In addition, the convenience and portability of freeze-dried food is also contributing to the market growth. The longer shelf life of these products, even without refrigeration, makes them ideal for outdoor activities such as camping and trekking.

The freeze-dried snacks segment is expected to expand at the highest CAGR of 8.6% over the forecast period. The rising trend of snacking has been driving the market growth. Consumers are increasingly opting for healthy snacks such as fruits, vegetables, and nuts due to their high nutritional value. However, freeze-dried snacks offer a wide variety of products with an extended shelf life and are easy to store. This is encouraging consumers to invest in these products. In addition, the increasing penetration of freeze-dried snacks in vending machines has also been contributing to the market growth.

Europe is expected to be the largest market for freeze-dried food products over the forecast period. The increasing demand for convenience and shelf-stable food products is expected to drive the growth of the market in the region. In addition, the rising awareness among consumers regarding the health benefits associated with freeze-dried food products, such as enhanced nutrient content, longer shelf-life, and better taste, is also expected to drive the growth of the market in the region. Furthermore, the rising number of product launches in the region is expected to further boost the market growth over the forecast period. For instance, in April 2021, Nature’s Path launched a range of organic freeze-dried fruit snacks in the UK.

Asia Pacific is expected to witness the highest growth over the forecast period. Increasing disposable incomes, rising awareness regarding the health benefits of freeze-dried food products, and the burgeoning demand for convenience food products are expected to boost the market growth in the region. Moreover, the presence of key players, such as Nestlé and Unilever, in the region is also expected to drive the growth of the market. For instance, in April 2021, Nestlé launched a range of freeze-dried fruit snacks in China.

In this part of the freeze-dried food products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your freeze-dried food products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a freeze-dried food products business comes from retail sales of the products. Here you will find a list with a description of each of them and other possible sources of profit such as wholesalers, online sales, and export orders.

Projecting Expenses
In this section, all the regular expenses related to keeping the freeze-dried food products business running will be described. The list of operating expenses includes ingredients, packaging, wages, maintenance and repairs, utilities, insurance policies, advertising, and others.

Some of the key companies operating in the freeze-dried food market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Nestlé launched the ‘Nestlé Mountain House’ range of freeze-dried meals.

– In August 2022, Mars, Incorporated launched its ‘Wilderness Trail’ range of freeze-dried food products.

– In October 2022, ConAgra Foods Inc. launched its ‘Pro-Pack’ range of ready-to-eat meals.

Some of the prominent players in the freeze-dried food market include:

– Nestlé
– Mars, Incorporated
– ConAgra Foods Inc.
– General Mills, Inc.
– Kraft Heinz Company
– The Hain Celestial Group, Inc.
– Kellogg Company
– TreeHouse Foods, Inc.
– Schwan’s Company
– The Hershey Company

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global freeze-dried food products market based on product, application, distribution channel, and region:

1. Product Outlook (Revenue, USD Million, 2017 – 2030)

– Fruits
– Vegetables
– Meat & Seafood
– Dairy Products
– Others

2. Application Outlook (Revenue, USD Million, 2017 – 2030)

– Ready-to-Eat Foods
– Bakery & Confectionery
– Beverages
– Others

3. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Specialty Stores
– Others

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: Who are the Major Players in the Freeze-Dried Food Products Market?
[A]: Major players in the freeze-dried food products market include Nestle S.A., Kraft Foods Group, Inc., General Mills, Inc., ConAgra Foods, Inc., Pinnacle Foods Group LLC, and Seneca Foods Corporation.

[Q]: What are the Factors Driving the Freeze-Dried Food Products Market?
[A]: Factors driving the freeze-dried food products market include increasing demand for convenience, rising disposable incomes, and the growing preference for ready-to-eat foods among consumers.

[Q]: What is the Outlook for the Freeze-Dried Food Products Market?
[A]: The global freeze-dried food products market is expected to register healthy CAGR over the forecast period. The market is expected to benefit from the increasing demand for convenience and ready-to-eat foods.

[Q]: Which Region Offers the Largest Opportunity for Sales of Freeze-Dried Food Products?
[A]: Asia Pacific is anticipated to be the most lucrative region for freeze-dried food products market with an absolute dollar opportunity of $13.4 B (USD) in 2019.

[Q]: What is the Potential for Product Innovation?
[A]: Product innovation is a major focus area for manufacturers in the freeze-dried food products market. Manufacturers are introducing new products with improved taste, texture, and shelf life. They are also investing in product packaging to ensure that the product is more visually appealing to consumers.