Air-Dried Food Market Predictions
With growing popularity of convenience food and ready to eat meals, the global food industry has seen surging demand in the past few years. Rapid urbanization, busy consumer lifestyle and time constraints have generated numerous growth opportunities for companies developing packed food products.
Given to the importance of a healthy lifestyle, people are also shifting their focus on consuming different nutrition-rich diets such as air-dried packed food products that offer a plethora of health benefits to the human body. These foods are not only good in taste but also contain ample number of vitamins, antioxidants, fiber, and mineral content.
Being prepared by eliminating water content, the weight of air-dried food items are significantly low which making it easy for transportation and storage. Moreover, these products do not contain any preservatives, artificial colors, and additives, and offer added eco-friendly benefits as they reduce food spoilage which further leads to decreased wastage.
Speculating potential prospects, the air-dried food market is expected to accrue significant growth over the forecast timespan. Extensive advertising campaigns, branding, and supportive government policies could augment industry size. Moreover, Global Market Insights, Inc. predicts that the air-dried food market for B2B could exceed $114 billion by 2026.
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Based on product, the fruits segment in air-dried food market is estimated to amass noteworthy prospects owing to its wide use in puddings, cakes, and other bakery items for adding taste and flavor. Also, air-dried meat products are expected to cross 1,000-kilo tons by the end of 2026 as it a good source of protein and has low amounts of cholesterol and fat. Chunks/pieces would also accrue significant share in the market over the forecast timespan due to its use in numerous dishes and recipes.
In terms of B2C distribution channel, the convenience stores segment is projected to exceed USD 12,000 million by 2026. Despite growing prominence, the segment could likely show slow growth as compared to other segments due to low availability of wide range of products.
Online retailers meanwhile are expected to grab over 10% of volume share owing to recent technological advancements in the e-commerce sector. Hotels & restaurant distribution channel could also likely cross 1,500-kilo tons during forecast timespans as air-dried food products are widely used for preparing numerous delicacy.
According to reports, Europe air-dried food market is anticipated to witness promising growth from the region’s proliferating food and beverage sector. Certainly, the food & beverage sector has a major impact on Europe’s economy, with dried food sales witnessing a surge in line with increasing consumption of processed food products.
Ready to eat meals being prepared with dried foods are easily available in hypermarkets, convenience stores, supermarkets, and local retail outlets in the region. Moreover, based on growing food consumption, Europe could be considered as one of the key regional markets for air-dried food industry.
On a global scale, the air-dried food market is highly fragmented because of the presence of numerous small and medium-scale producers. Some prominent producers in the market include Mondelez International Inc., Nestle S.A., DMH Ingredients Inc., B-B Products (Australia) Pty Ltd., Berrifine A/S, BCFoods, La Frubense, Milne Fruit Products, Inc., Howenia Enterprise Co., Ltd., Saraf Foods Ltd., Van Drunen Farms, Seawind Foods, Thomas Creek Farms.
Author Name : Abhijeet Kakade