Dried Food Market will accelerate at a CAGR of 6.38% through 2022-2027|High convenience of dried food products to boost market growth- Technavio

NEW YORK, July 3, 2023 /PRNewswire/ -- The dried food market size is set to grow by USD 6,609.11 million between 2022 and 2027 and register a CAGR of 6.38%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read Sample Report

The report also covers the following areas:

• Dried Food Market size
• Dried Food Market Trends
• Dried Food Market industry analysis

Dried Food Market 2023-2027: Segmentation

• Product
• Fruits
• Vegetables
• Meat
• Poultry And Seafood
• Distribution Channel
• Supermarkets And Hypermarkets
• Convenience Stores
• Online
• Geography
• North America
• Europe
• APAC
• South America
• Middle East and Africa

The market share growth by the fruits segment will be significant during the forecast period. The major factor for the growth of this segment is the growing awareness regarding healthy food products. The various dried fruits in the market include raisins, apricots, apples, mangoes, cranberries, bananas, figs, dates, and plums. They are the healthier alternative to processed snacks and are getting popular among health-conscious consumers because of their high nutritional value. People with active lifestyles consider this as the best choice as it helps to provide a quick energy boost. Hence the segment is expected to drive the market growth during the forecast period.

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Dried Food Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the dried food market include Ajinomoto Co. Inc., Asahi Group Holdings Ltd., B and G Foods Inc., Campbell Soup Co., Carnivore Meat Co. LLC, Create A Pack Inc., Crispy Green Inc., European Freeze Dry, Flex Foods Ltd., General Mills Inc., Harmony House Foods Inc., ITC Ltd., Mondelez International Inc., Saraf Foods Pvt. Ltd., Sunsweet Growers Inc., The Kraft Heinz Co., Thrive Foods, Tong Garden Co. Ltd., Unilever PLC, and Van Drunen Farms. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the dried food market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Vendor Offering 

• Carnivore Meat Co. LLC - The company offers dried foods such as patties, nibblets, and toppers.
• Campbell Soup Co. - The company offers dried foods such as cup soups, simmer soups, savoury rice.
• European Freeze Dry - The company offers dried foods such as apples, blackberries, and cherries.

Dried Food Market 2023-2027: Market Dynamics

Key Drivers

• The high convenience of dried food products is the key factor driving the growth of the market.
• The major factor driving the growth is the long shelf life of dried food as compared to fresh food and it is easy to store and transport.
• This is considered an easy-to-prepare meal option due to which it is becoming popular among consumers, and they don't have to worry about spoilage.
• Furthermore, Kraft Heinz Co., European Freeze Dry, Asahi Group Holdings Ltd., and many others are selling their products through convenience stores.
• Thus, as more consumers shift toward a more health-conscious and time-poor lifestyle.
• Hence, these factors are expected to drive the market growth during the forecast period.

Major Trends

• The increasing prominence of private-label brands is the major trend in the market.
• Many vendors in the market are selling their products under their own brands to increase their profitability and attract more customers.
• For example, China-based Alibaba sells a variety of dried foods, such as dried beans, dried fruits, dried pepper powder, and dried fruit powder under its own brand name.
• These products are mostly purchased by price-sensitive consumers and convenience stores are giving more shelf space to the private-label products.
• Hence, the growing demand for private-label brands is expected to drive market growth during the forecast period.

Significant Challenges

• Stringent government regulations regarding sales, marketing, and labeling are the significant challenge restricting market growth.
• The regulations which are present globally mainly include product permits, new player entry restrictions, residual control issues, and expiration dates.
• In the United States, FDA is the main agency regulating the manufacture and distribution of dry foods.
• Furthermore, complying with these regulations is a major concern for the vendors.
• For example, the European Food Safety Authority (EFSA) has set regulations for manufacturing, labeling, and marketing health and wellness food products and all the vendors in the market must follow them.
• Hence, stringent government regulations are expected to restrict the growth of the market during the forecast period.

Drivers, Trends & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Dried Food Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist dried food market growth during the next five years
• Estimation of the dried food market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the dried food market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of dried food market vendors

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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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