Dried food market size is set to grow by USD 6,609.11 million from 2022-2027 at a CAGR of 6.38%. Market growth depends on several factors, including health benefits, high convenience, and longer shelf life - Technavio

NEW YORK, May 30, 2023 /PRNewswire/ -- The dried food market size is estimated to grow by USD 6,609.11 million from 2022 to 2027 at a CAGR of 6.38%, according to Technavio. North America held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 34% during the forecast period. The region is witnessing an increasing number of consumers adopting a vegan lifestyle, namely in the US, Brazil, Canada, and other countries. Hence, the number of start-ups offering a vegan diet is increasing in the US. Besides, the use of websites and online platforms by vendors has been increasing since the pandemic. 

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Dried food market - Segmentation Assessment

Segment Overview

Technavio has segmented the market based on type, Product (Fruits, Vegetables, Meat, and Poultry and seafood), Distribution Channel (Supermarkets and hypermarkets, Convenience stores, and Online), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). 

The market share of the fruits segment will grow significantly during the forecast period. The fruits segment was the largest in the global dried food market in 2022 and will continue its dominance during the forecast period. This can be attributed to the growing awareness of healthy food products. The high nutritional value of dried fruits is driving its demand among consumers. To make dried fruits, raw fruits are processed through the heating process which results in the loss of heat-sensitive vitamins such as vitamin C. However, dried fruits sustain important nutrients such as fiber, minerals, and antioxidants. Dried fruits are an excellent source and are a healthier alternative to processed snacks, and such dried fruits are highly preferred nutritious snacks the health-conscious consumers. 

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Dried food market – Market Dynamics

Key drivers -

• The increasing awareness around the health benefits of dried food products is expected to boost the dried food market growth during the forecast period. Health benefits refer to the positive effects of a product or service on the physical or mental health of consumers. There are many dried foods that are considered healthy due to their high nutritional and low-fat content, boosting their consumption among health-conscious consumers.
• For example, dried fruits and vegetables are rich in vitamins and minerals, including vitamin C, potassium, and iron. Hence, they are often considered as a healthier alternative to processed snacks that are high in sugar and fat. Besides, dried nuts, namely almonds and walnuts, are high in protein, fiber, and healthy fats, thereby a recommended snack option. Moreover, as many dried foods are naturally low in fat, they offer significant benefits to consumers seeking to maintain a healthy diet or lose weight.
• The recent years have witnessed an escalation in the demand for healthy food options due to the growing concerns over diet-related diseases such as obesity, heart disease, and diabetes. This trend is expected to continue in the upcoming years.

Key trends -

• The growing prominence of online shopping is one of the major trends in the dried food market. An online distribution channel, also referred to as e-commerce, has played a key role in significantly boosting the dried food market growth for the last decade. E-commerce allows customers to access regional and global dried food brands. Besides, it offers key benefits such as personalized shopping assistance and suggestions on freeze-dried foods. Furthermore, it allows customers to collect information and compare various dried foods available online.
• There are various types of e-commerce platforms, namely brand-owned online platforms as well as pure-play e-retailers, offering freeze-dried foods. Amazon.com (Amazon), Alibaba Inc. (Alibaba), and eBay Inc. (eBay) are some of the major global online dried foods retailers. 

Key challenges -

• The increasing number of product recalls for dried food products will pose a challenge to the dried food market growth during the forecast period. Most manufacturers purchase or source raw materials from third-party suppliers. The improper handling of raw materials or supplies can adversely affect the safety and quality of finished products.
• Food regulatory and compliance authorities in any country have the power to shut down a business and recall its products from the market if they are found to pose a threat to the well-being of consumers. A product recall can significantly hamper the brand image as well as operations and sales of a company. Furthermore, manufacturing and packaging defects can hamper a company's sales. For instance, in 2020, the FDA issued a recall for dried herbs sold under the brand names, namely Spice Hunter and Cost Plus World Market, upon discovering potential salmonella contamination.
• Hence, to address quality control issues, companies should ensure processing, storage, and transportation under strict quality control standards. This includes frequent contaminant and allergen testing, coupled with proper storage and handling practices to prevent the growth of mold and bacteria. Besides, companies should ensure transparency in their quality control processes and respond quickly to any quality control issues that arise.

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What are the key data covered in this dried food market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the dried food market between 2023 and 2027
• Precise estimation of the size of the dried food market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the dried food market industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Dried Food Market vendors

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Related Reports:

The freeze-dried foods market is estimated to grow at a CAGR of 8.23% between 2022 and 2027 and reach USD 34,561.88 million. This report extensively covers market segmentation by distribution channel (offline and online), product (freeze-dried fruits, freeze-dried vegetables, freeze-dried beverages, freeze-dried MFS, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The growth of the market depends on several factors, including the growth of the organized retail sector, increasing product launches, and the rising prominence of private-label brands.

The frozen and freeze dried pet food market is projected to increase by USD 2,468.92 million from 2022 to 2027 at a CAGR of 11.25%. This report extensively covers market segmentation by distribution channel (offline and online), animal type (dog, cat, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

Table of Contents - 

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global dried food market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global dried food market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Fruits - Market size and forecast 2022-2027
• Exhibit 34: Chart on Fruits - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Fruits - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Fruits - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Fruits - Year-over-year growth 2022-2027 (%)

• 6.4 Vegetables - Market size and forecast 2022-2027
• Exhibit 38: Chart on Vegetables - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Vegetables - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Vegetables - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Vegetables - Year-over-year growth 2022-2027 (%)

• 6.5 Meat - Market size and forecast 2022-2027
• Exhibit 42: Chart on Meat - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Meat - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Meat - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Meat - Year-over-year growth 2022-2027 (%)

• 6.6 Poultry and seafood - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Poultry and seafood - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Poultry and seafood - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Poultry and seafood - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Poultry and seafood - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Product 
• Exhibit 50: Market opportunity by Product ($ million)
• Exhibit 51: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 52: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 53: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 54: Chart on Comparison by Distribution Channel
• Exhibit 55: Data Table on Comparison by Distribution Channel

• 7.3 Supermarkets and hypermarkets - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Supermarkets and hypermarkets - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Supermarkets and hypermarkets - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Supermarkets and hypermarkets - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Supermarkets and hypermarkets - Year-over-year growth 2022-2027 (%)

• 7.4 Convenience stores - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Convenience stores - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Convenience stores - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Convenience stores - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Convenience stores - Year-over-year growth 2022-2027 (%)

• 7.5 Online - Market size and forecast 2022-2027
• Exhibit 64: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Distribution Channel
• Exhibit 68: Market opportunity by Distribution Channel ($ million)
• Exhibit 69: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 Canada - Market size and forecast 2022-2027
• Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.11 China - Market size and forecast 2022-2027
• Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 111: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Ajinomoto Co. Inc. 
• Exhibit 123: Ajinomoto Co. Inc. - Overview
• Exhibit 124: Ajinomoto Co. Inc. - Business segments
• Exhibit 125: Ajinomoto Co. Inc. - Key news
• Exhibit 126: Ajinomoto Co. Inc. - Key offerings
• Exhibit 127: Ajinomoto Co. Inc. - Segment focus

• 12.4 Asahi Group Holdings Ltd. 
• Exhibit 128: Asahi Group Holdings Ltd. - Overview
• Exhibit 129: Asahi Group Holdings Ltd. - Business segments
• Exhibit 130: Asahi Group Holdings Ltd. - Key news
• Exhibit 131: Asahi Group Holdings Ltd. - Key offerings
• Exhibit 132: Asahi Group Holdings Ltd. - Segment focus

• 12.5 Campbell Soup Co. 
• Exhibit 133: Campbell Soup Co. - Overview
• Exhibit 134: Campbell Soup Co. - Business segments
• Exhibit 135: Campbell Soup Co. - Key offerings
• Exhibit 136: Campbell Soup Co. - Segment focus

• 12.6 Carnivore Meat Co. LLC 
• Exhibit 137: Carnivore Meat Co. LLC - Overview
• Exhibit 138: Carnivore Meat Co. LLC - Product / Service
• Exhibit 139: Carnivore Meat Co. LLC - Key offerings

• 12.7 Crispy Green Inc. 
• Exhibit 140: Crispy Green Inc. - Overview
• Exhibit 141: Crispy Green Inc. - Product / Service
• Exhibit 142: Crispy Green Inc. - Key offerings

• 12.8 European Freeze Dry 
• Exhibit 143: European Freeze Dry - Overview
• Exhibit 144: European Freeze Dry - Product / Service
• Exhibit 145: European Freeze Dry - Key offerings

• 12.9 Flex Foods Ltd. 
• Exhibit 146: Flex Foods Ltd. - Overview
• Exhibit 147: Flex Foods Ltd. - Product / Service
• Exhibit 148: Flex Foods Ltd. - Key offerings

• 12.10 General Mills Inc. 
• Exhibit 149: General Mills Inc. - Overview
• Exhibit 150: General Mills Inc. - Business segments
• Exhibit 151: General Mills Inc. - Key news
• Exhibit 152: General Mills Inc. - Key offerings
• Exhibit 153: General Mills Inc. - Segment focus

• 12.11 Harmony House Foods Inc. 
• Exhibit 154: Harmony House Foods Inc. - Overview
• Exhibit 155: Harmony House Foods Inc. - Product / Service
• Exhibit 156: Harmony House Foods Inc. - Key offerings

• 12.12 Sunsweet Growers Inc. 
• Exhibit 157: Sunsweet Growers Inc. - Overview
• Exhibit 158: Sunsweet Growers Inc. - Product / Service
• Exhibit 159: Sunsweet Growers Inc. - Key offerings

• 12.13 The Kraft Heinz Co. 
• Exhibit 160: The Kraft Heinz Co. - Overview
• Exhibit 161: The Kraft Heinz Co. - Business segments
• Exhibit 162: The Kraft Heinz Co. - Key offerings
• Exhibit 163: The Kraft Heinz Co. - Segment focus

• 12.14 Thrive Foods 
• Exhibit 164: Thrive Foods - Overview
• Exhibit 165: Thrive Foods - Product / Service
• Exhibit 166: Thrive Foods - Key offerings

• 12.15 Tong Garden Co. Ltd. 
• Exhibit 167: Tong Garden Co. Ltd. - Overview
• Exhibit 168: Tong Garden Co. Ltd. - Product / Service
• Exhibit 169: Tong Garden Co. Ltd. - Key offerings

• 12.16 Unilever PLC 
• Exhibit 170: Unilever PLC - Overview
• Exhibit 171: Unilever PLC - Business segments
• Exhibit 172: Unilever PLC - Key news
• Exhibit 173: Unilever PLC - Key offerings
• Exhibit 174: Unilever PLC - Segment focus

• 12.17 Van Drunen Farms 
• Exhibit 175: Van Drunen Farms - Overview
• Exhibit 176: Van Drunen Farms - Product / Service
• Exhibit 177: Van Drunen Farms - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 178: Inclusions checklist
• Exhibit 179: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 180: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 181: Research methodology
• Exhibit 182: Validation techniques employed for market sizing
• Exhibit 183: Information sources

• 13.5 List of abbreviations 
• Exhibit 184: List of abbreviations

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