Global Dried Processed Food Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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Global Dried Processed Food Market: Overview
“The global Dried Processed Food Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Dried processed food is made by removing the humidity of the food or crop in order to extend its shelf life along with preserve nutrients and flavors.
In addition, the drying process of foodstuffs aids to prevent growth of the microorganism. Dried processed food is available in various types including pasta and noodles, ready meals, and soups.
Global Dried Processed Food Market: Dynamics
Increasing consumption of pre-packaged and processed food is one of the key factor projected to drive growth of the target market. Changing buying patterns of consumers is influencing manufacturers to extend their product portfolio according to the need of consumers is a factor expected to augment growth of the global market.
Growing demand for gluten-free products among health-conscious population encouraging the food manufacturers to offer organically processed food which in turns rising growth of the global market. For instance, US-based Alpineaire Foods provides gluten-free products including Beef Burrito Bowl and Spicy Sausage Pasta (Pork).
The growing demand for convenience food among the working population is a factor anticipated to support the revenue growth of the target market. Moreover, technological advancements regarding packaging technologies and product differentiation are some factors expected to propel the target market growth.
However, the strong presence of local manufacturers leads to fragmentation of the market, which may hamper the target market growth.
Global Dried Processed Food Market: Segmental Analysis
Among the product segments, the pasta & noodles segment is expected to account for significant revenue shares in the global market, owing to its benefits such as easy to cook and require less time to prepare.
Among sales channel segments, the supermarket/hypermarket segment is projected to register significant growth, owing to the availability of processed dried foods in wide variety and strong networks of distributors.
Among the drying process segments, the air drying segment is expected to hold significant share in terms of revenue.
Global Dried Processed Food Market: Regional Analysis
North America dried processed food market is attributed to the increasing consumption of processed food. In addition, a growing number of working women population is another factor projected to propel the target market growth in this region.
Dried processed food market in the Asia Pacific is expected to contribute significant revenue shares, in the target market, owing to the strong presence of food manufacturing companies and inclination towards ready-to-eat food.
In addition, rapid urbanization, industrialization, changing food consumption preferences of the populace, coupled with increasing disposable income are some factors expected to fuel growth of the target market in various countries in this region. The European market for dried processed food is expected to register substantial growth, owing to high consumption noodle and pasta as a staple food.
Global Dried Processed Food Market Segmentation:
Segmentation by Product:
- Pasta & Noodles
- Ready Meals
- Baby Food
- Dessert Mixes
Segmentation by Drying Process:
- Air Drying
- Freeze Drying
- Spray Drying
- Vacuum Drying
Segmentation by Sales Channel:
- Convenience Store
- Specialist Retailers
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Nestlé SA
- Kraft Foods Inc.
- Russky Produkt OAO
- Ajinomoto Co. Inc.
- Hagoromo Foods Corp
- General Mills Inc.
- Impulse and Indulgence Products
- House Foods Corp
- Jinmailang Food Co. Ltd
- M. Smucker Co.
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