The Asia Pacific Freeze-dried Food Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
As a result of the developing on-the-go trend, demanding work schedules, and changing lifestyles, the food processing industry is expanding quickly, and there is a growing need for non-perishable, ready-to-eat (RTE) meals or convenience food products. Additionally, due to the sudden coronavirus disease (COVID-19) pandemic outbreak and the ensuing implementation of lockdowns around the world, a significant amount of freeze-dried food is now being ordered and purchased online and through e-commerce distribution channels, which is helping to drive the market.
The market expansion is being significantly accelerated by the widespread use of freeze-dried processes for the safe transportation of food goods as well as their widespread adoption in the pet food industry to enable longer conservation and more convenient consumption. A positive outlook for the market is being created by additional factors like strategic alliances between leading players, growing consumer awareness of the negative effects of artificial additives, and ongoing investments in research and development (R&D) activities for the introduction of light, nutritious snacks that are freeze-dried.
This is because nearby raw materials make it easier and more affordable for local businesses to operate. The three most often used ingredients in dog food are beef, rice, and chicken. The most popular ingredients in cat food, however, are chicken, saltwater fish, and chicken fat. To improve the general health of pets, some governments have acted to encourage the adoption of safe and healthful products. The Law for Ensuring the Safety of Pet Food, which applies to pet food makers, importers, and distributors, was enacted by the Japanese government to protect pet health and regulate the manufacturing process.
The China market dominated the Asia Pacific Freeze-dried Food Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9,242.1 million by 2028.The Japan market is estimated to grow a CAGR of 7.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 8.5% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into B2B and B2C. Based on B2C Type, the market is segmented into Supermarkets/Hypermarkets, Convenience Stores and Others. Based on Product, the market is segmented into Fruits, Vegetables, Meat, Poultry & Sea Foods, Pet Food and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Freeze-dried Food Market is Projected to reach USD 106.6 Billion by 2028, at a CAGR of 7.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Asahi Group Holdings Ltd., Ajinomoto Co., Inc., Nestle S.A., Kerry Group PLC, The Hain Celestial Group, Inc., Freeze-Dry Foods LLC., SouthAm Freeze Dry S.A., Harmony House Foods, Inc., European Freeze Dry, and Nuts.com, Inc.
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