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The global air-dried food market is expected to exhibit sturdy growth in the forthcoming years due to its rising application in processed food industry and HoReCa sector. Air dried food such as fruits and vegetables are widely utilized for the preparation of ready-to-cook food owing to their extended shelf life. Air-drying helps to eliminate the moisture from the foo, and hence, bacteria, yeast, and mold cannot grow and spoil the food. Moreover, it also lessens the weight of foods which cuts down on transport and storage costs. These aforementioned reasons are predicted to drive the global air-died food market.
The utilization of advanced techniques for food air-drying & mergers and acquisitions are some the prominent strategies adopted by prominent players operating in the market. For instance, in July 2017, BC Foods Inc. announced the complete acquisition of Culinary Farms, a producer and distributor of dehydrated herbs, spices, vegetables and fruits. This acquisition can help BC Foods Inc. to improve its product offerings and revenue generation.
Air-drying slows down the action of enzymes which cause food ripening; as a result the food can be preserved year around. The demand for healthy, ready-to-cook, and ready-to-eat food is increasing with every passing day due to evolving lifestyle. Increasing demand for such food is predicted to boost the demand for air-dried food from processed food industry. The players operating in the market are embarking on the innovation and new product launch to support the product growth. For instance, in August 2018, a Chilean freeze dried food producer and distributor, SouthAM Freeze Dry announced the launch of non-GMO and organic freeze dried fruit powder in the international market. Moreover, the rising trend of organic and clean-label food consumption is expected to contribute in boosting the demand for organic air-dried food.
Key Market Driver -
Escalating Demand from Processed Food Industry to Drive the Global Market
Key Market Restraint -
High Cost of Advanced Technologies
The high cost of advanced machinery such as freeze drier is predicted to restrain the market growth. Moreover, the extremely high or low temperature used for food air-drying can affect the physical appearance, nutrient content and taste of the final product.
The prominent players operating in the global air-dried food market are Dehydrates Inc., Nestle S.A., Silva International, Freeze-Dry Foods, Howenia Enterprise CO., LTD., Harmony House, Chelmer Foods Limited, Colin Ingredients, Saraf Foods Pvt. Ltd. and Others.
Hot air-dried food is projected to hold a substantial share in the global market. It is commonly used technique to produce dry powder from liquid and slurry by a fast drying process. Moreover, freeze-dried food can be stored at a wide range of temperatures without the food or packaging being affected and the food remains fresh for many years. The relatively longer shelf life of the freeze-dried food is anticipated to drive the demand for the product.
Air-dried fruit and vegetables are expected to hold significant share in the global market. The increasing preference to convenient and healthy snacks is anticipated to increase the utilization of dried fruits and vegetables from processed food industry. The wide application of air-dried food powder in RTD and RTC products due to its easy mixing properties is expected to boost the market share of the product. Moreover, the increasing utilization of vegetable and legume powder in the production of baby food, various instant soups and gravies is expected to propel the sale of air-dried food powder.
The utilization of these products amid processed food industry is expected to witness robust growth in the upcoming years. The reasonable price and extended shelf life of these products are expected to be a favorable factor for the increasing utilization of air-dried food from processed food industry and HoReCa sector.
Asia Pacific is expected to witness considerable growth in the global market. The flourishing processed food industry and HoReCa sector, rising demand for healthy processed food are expected to support the growth of the market. In addition, the increasing production of raw products such as legumes, vegetables and others within the region is predicted to serve as an opportunity to the regional players.
North America is projected to hold significant share in the global marketplace. The rising working women population and millennials are inclined towards convenient food options, which ensure the high utilization of air-dried food products in the preparation of convenience foods. Furthermore, the increasing demand for organic and natural ingredient based products is predicted to further drive the product growth.
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