DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Freeze-Dried Food Market - Segmented by Type of Contaminant and Geography (2016 - 2021)" report to their offering.
The global freeze-dried product market is expected to grow at a CAGR of 7.23% during the forecast period of 2016-2021, to reach USD 66.53 billion by 2021. Freeze-dried food is the best dehydrated food, due to its superior texture and sensory quality after rehydration. Companies such as Kellogg's use freeze-dried ingredients (strawberries, banana, etc.) in their breakfast cereal products, giving rise to the freeze-dried ingredient market.
Primary factor driving this market is the superior quality of its products when compared to other drying technology products. The final product has an excellent shelf-life (up to 25 years) without any added preservative. The increased shelf-life makes it a profitable product during its supply chain. Moreover, the ingredients retain their original shape, while being light-weight, which not only makes it convenient for transportation but is also appealing. In the developed regions such as North America and Europe, the application of freeze-dried ingredients in healthy snack items is growing at a fast rate, which is another major driver for the market. Freeze-dried foods can also be stored for long durations at home or while traveling and requires very little time for cooking, which has increased its importance among the consumers.
The restraining factor for the market is the availability of other drying techniques such as spray drying, and fluid bed drying, which is relatively low-cost than freeze-drying.
Some of the major players capturing the freeze dried food market include:
- Asahi Group
- Mondelez International, Inc.
- OFD Foods, Inc.
2. Research Approach and Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/c5l48g/global