Dehydrated Fruits and Vegetables Market World Analysis, Future Growth, Business Prospects and Forecast
Market Insights: Market Research Future predicted that the Global Dehydrated Fruits & Vegetables Market
to reach USD 38.06 during the
forecast period at a CAGR of 7.95%.
Worldwide consumption of
dehydrated fruits and vegetables continues to grow due to changing lifestyles
and consumer buying habits. At the same time, greater efforts to develop longer
life solutions without the use of harmful preservatives also ensure the
popularity of dehydrated fruits and vegetables. Dehydration of fruits and
vegetables improves their shelf life, which also positively affects retail
profit margins as deterioration decreases. Dehydration generally retains most
of the nutritional and other properties of fruits and vegetables, owing to
which they are popular with health-conscious consumers.
Market Segmentation: The dehydrated fruits and vegetables market are
bifurcated based on type and shape.
The type segment consists of
fruits and vegetables. Based on the species, the fruit segment is anticipated
to take the lead in the forecast period from 2018 to 2023. The fruits are then
segregated into apples, apricots, pineapples, bananas, cherries, among others.
The fruits are expected to produce apricots with an increase in growth rate of
8.06%.
In addition, the vegetables
segment is also segmented into such as tomatoes, onions, mushrooms, garlic, and
many others.
Moreover, the global Dehydrated
Fruits & Vegetables is also classified based on its form into
powders, pellets, and others.
Key players: Most companies operating in this market are focused on
increasing their activities in all geographic areas, research, and development
capabilities, and spending heavily to deliver products with enhanced
functionality. Some of the key players
influencing the growth of DMH
Ingredients, FutureCeuticals, Inc., Kanegrade Limited, Saipro Biotech Private
Limited, NutraDry, Paradise Fruits Solutions Gmbh & Co., Activz LLC, Baobab
Foods, LLC, Milne MicroDehydrated, Herbafood Ingredients GmbH. Major
players in the dehydrated fruit and vegetable market have implemented
strategies such as partnership, geographic expansion, new product development,
acquisitions and product promotion to strengthen their business portfolio.
Recent Updates: The Kansas Department of Agriculture has been honoured
with a prize of $373,525.24 via the Specialty Crop Block Grant Program. Funds
for the program are presented by the U.S. Department of Agriculture Agricultural
Marketing Service to increase growth prospects for specialty crops. According
to the USDA, specialty crops are defined as fruits, tree nuts, vegetables,
nursery crops, dried fruits, horticulture, and including floriculture. KDA has
appointed other inheritors to use the funds further.
Regional Outlook: Geographically, North America might sustain its
control over the forecast period. The North American region is anticipated to
reach a valuation of $12.32 Billion over 2023 and grow with a CAGR of 7.69%
over the forecast period, 2018-2023. The development of the North America
region is likely driven by several factors, including the growth of
technological advancement in the North American dehydrated fruit and vegetable
market. In addition, the existence of major manufacturers in North America
should be one of the most important factors for market growth.
However, it is also estimated
that the Asia Pacific region will grow at a rapid pace over the forecast
period.
Get More Professional and Technical Industry
Insights @ https://www.marketresearchfuture.com/reports/dehydrated-fruits-vegetables-market-5516
Comments
Post a Comment