Summary

Asia-Pacific freeze-dried product market is growing at a CAGR of 9.05% during the forecast period (2019-2024).

Key Highlights
More consumers in the country are opting for freeze-dried fruits, yogurt melts, snack fruit, vegetable crisps, vegetable powders, and instant soup mixes, thereby driving the market in the region.

Key Highlights
The increasing product knowledge in the region, due to the constant presence of the freeze-dried products in the local market, is also enabling more consumers to purchase the products.


Key Market Trends

Australia Witnessed as Fastest Growing Country

The presence of local players offering freeze-dried products in Australia is enabling market growth. The players are freeze-drying fresh fruits, vegetables, and other products like meat to add value to foods in terms of long shelf life, light weight and preserved nutrition. The active lifestyle of people in the country makes them to opt for freeze-dried foods. Moreover, retail shops in the country are stocking on freeze-dried products for increased shelf visibility of different freeze-dried food brands and to suit the unique needs of consumers.

Increasing Imports of Dried Fruits in Japan

The increasing awareness and consumption of freeze-dried products like freeze-dried strawberries in countries like Japan have led to high demand for the freeze-dried products in the country. THis, in turn, has driven the import of freeze-dried products in the country. Freeze-dried foods are popular in Japan, as they can be easily prepared and are light and compact, with little to no changes in flavor, texture, and nutritional value. As the products that are preserved through freeze-drying retain their flavor and nutrient content, consumers are more often purchasing freeze-dried foods over other instant foods, thereby enabling market growth.

Competitive Landscape

AJINOMOTO CO.,INC., Asahi Group Holdings, Ltd., Expedition Foods Limited, and Campers Pantry Pty Ltd., are some of the companies leading the freeze-dried foods market in Asia-Pacific region. The manufacturers are focusing on introducing new products such as freeze-dried dairy that are certified gluten-free, and with recipes on the can label. Furthermore, many private labels are also competing with international players in the region by offering a variety of freeze-dried foods through online channels to cater to market demand.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

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