Overview
The dehydrated fruits and vegetables market is predicted to register a CAGR of 7.95% during the 2017 to 2023 forecast period. A market research report predicts a US$38 billion valuation of the market by 2023. The growth is anticipated to be supported by the presence of many untapped opportunities across the market. Based on the report, favorable government policies will drive growth in the market in the coming years till 2023. However, the easy availability of alternative products will negatively affect the dehydrated fruits and vegetables market’s growth. The increasing demand for product substitutes is anticipated to be another factor which could turn out to be a threat to companies during 2017 to 2023. The market report based on primary and secondary data reveals that type, regions, and form segments will witness a healthy growth till 2023. While growing investments across different sectors will support the market during the forecast period and the increasing preference of consumers will also help the market globally, the growth could be affected by supply chain related constraints which could hinder business activities. The low demand from developing countries is also expected to be responsible for stalled market growth till 2023.
Competitive Landscape
Dehydrated fruits and vegetables based companies have been studied and profiled in the market research report. The dehydrated fruits and vegetables market along with its segments and key players has been studied. Dehydrated fruits and vegetables business analysis is done to identify competitors and their strategies. The global dehydrated fruits and vegetables market research report covers core values, strengths and other key factors about dehydrated fruits and vegetables related companies. Competitors to help comprehend their mission, vision, core values, niche market, strengths, and weaknesses. Shifting trends in the consumer market is set to help the market during the forecast period 2017 to 2023. The market is anticipated to reach a higher valuation of US$38 billion with a CAGR of 7.95%. However, the increasing preferences for cheaper alternative solutions will prove to be affecting the dehydrated fruits and vegetables market size.
DMH Ingredients (U.S.), FutureCeuticals, Inc. (U.S.), Kanegrade Limited (U.K), Saipro Biotech Private Limited (India), NutraDry (Australia), Paradise Fruits Solutions Gmbh and Co. (Germany), Activz LLC (U.S.), Baobab Foods, LLC (U.S.), Milne MicroDried (U.S), Herbafood Ingredients GmbH (Germany).
Market Segmentation
The dehydrated fruits and vegetables market analysis is categorized into smaller segments such as type, regions, and form in order to analyze the market. The type, regions, and form segments are then categorized further. The type segment is categorized into fruits and vegetables. Analysts have studied these sub segments. Based on form, the global market is further segmented into powder, granules, and others. Based on the study of these segments, analysts have shared market forecasts.
The growing demand from companies across many industries will drive growth in the market during the forecast period 2017 to 2023. Across all the segments including type, regions, and form, the global market for dehydrated fruits and vegetables will witness a healthy growth. However, factors such as the fluctuating prices could become a threat to the market’s growth. Economic activities surrounding the dehydrated fruits and vegetables market sector will also get benefitted from the growing awareness. Businesses across dehydrated fruits and vegetables have been thoroughly studied and analysed by dehydrated fruits and vegetables industry’s expert researchers. Findings have been published in the dehydrated fruits and vegetables market research report with forecasts till 2023.
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Regional Overview
The dehydrated fruits and vegetables market analysis, apart from the product and service related segments, is spread across the world. The regional markets of dehydrated fruits and vegetables covered in the report are North America, Europe, Asia-Pacific, the Middle East and Africa as well as the rest of the world. The presence of untapped market opportunities is set to be a key growth factor for businesses active in the dehydrated fruits and vegetables space. The market across North America is segmented into the United States, Mexico, Canada, and others. Regional markets in the dehydrated fruits and vegetables sector across the European market are segmented into Germany, Italy, the United Kingdom, and France. The market in the APAC region is segmented into India, China, Japan, and others. dehydrated fruits and vegetables market based businesses across the world will be supported by a rise in the disposable income during the forecast period 2017 to 2023. However, the growth could be hindered by the high cost associated with products.
The market is also segmented into the Middle East and Africa regions among others. Fruits and vegetables that have been dehydrated have a longer shelf life, which improves consumer profit margins by lowering spoilage rates. Dehydration typically retains the bulk of the nutrients and other properties of fruits and vegetables, so healthiness is an important consideration. As a result, they are well-liked by health-conscious customers.
Industry News
Fruit Smart, an independent niche fruit and vegetable ingredient processor targeting global markets, has been acquired by Universal Corporation in a binding deal. Fruit Smart, which was established in 1982, provides a wide range of juices, concentrates, mixes, purees, fabrics, seed and seed powders, and other value-added items to dairy, beverage, and flavour companies throughout the United States and globally by value-adding various fruit and vegetable products. Apples, oranges, blueberries, raspberries, cherries, blackberries, pears, cranberries, and strawberries, among other fruits and vegetables, are processed by Fruit Smart.
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