Selbyville, Delaware, Feb. 11, 2021 (GLOBE NEWSWIRE) — According to the reliable sources, global air-dried food market valuation surpassed USD 19.3 billion mark in the year 2019 and is anticipated to grow with a compound annual growth rate of 10.3% through 2027. The lucrative growth can be credited to widespread acceptance of preserved and packaged food, and flourishing food & beverage sector. Benefits such as longer self-life, greater stability, and reduced astringency are impelling the demand for air drying of food products.
As per the report, worldwide air-dried food market is studied with respect to product gamut, form terrain, distribution channel, and end-user ambit. Summary of the regional markets, alongside their contribution towards the overall valuation is also present. The competitive dashboard is scrutinized with emphasis on mergers, partnership, and acquisitions to unsheathe the investment opportunities.
For the unversed, air drying is the process of removing moisture from food products in order to avert bacterial contamination and prolong their shelf life. Different techniques employed for this process are microwave drying, hot air drying, and drying in twin stage. Air dried products are gaining widespread popularity as their nutrition value as well as texture is intact, without any involvement of preservatives.
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Proliferation of organic food, alongside consumer preference for clean label products are augmenting the global air-dried food industry outlook. Moreover, constant efforts towards new launches, and various strategic alliances by market vendors are impelling the business dynamics.
Citing an instance, BCFoods Inc. acquired Culinary Farms in July 2017 to ensure their stronghold in air-dried food market. Meanwhile, SouthAm Freeze Dry S.A. launched organic and non-GMO freeze-dried fruit powder in August 2018.
On the downside though, costly establishment of air-drying facility, and strict food safety & security regulations may hamper the industry expansion over the analysis timeframe.
Elucidating market fragmentations:
Based on product terrain, worldwide air-dried food market is classified into meat, herbs, fruits, vegetables, and coffee beans. Moving on to form, the products are available as chunks/pieces, flakes, and powder & granules.
Various end-users of the industry are processed food, pet food, bakery chains, and hotels & restaurants. While, the distribution channel involves online retailers, convenience stores, and supermarkets & hypermarkets.
Industry experts claim that North America dominated the worldwide air-dried food industry forecast in the past year, owing to rising cognizance about the benefits of air-dried fruits and vegetables. Meanwhile, Asia Pacific market size is poised to grow substantially over 2020-2027, on account of consumer preference for convenience food and flourishing food packaging sector in the region.
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Global Air-Dried Food Market Product Ambit (Revenue, USD 2017-2027)
- Coffee Beans
Global Air-Dried Food Market by Form Type (Revenue, USD 2017-2027)
- Powder & Granules
Global Air-Dried Food Market Distribution Channel (Revenue, USD 2017-2027)
- Online Channels
- Convenience Stores
- Supermarkets & Hypermarkets
Global Air-Dried Food Market End-Use Spectrum (Revenue, USD 2017-2027)
- Processed Food
- Pet Food
- Bakery Chains
- Hotels & Restaurants
Global Air-Dried Food Market Regional Landscape (Revenue, USD 2017-2027)
- United Kingdom
- Rest of Europe
- South Korea
- Rest of APAC
Rest of the World
Global Air-Dried Food Market Competitive Gamut (Revenue, USD 2017-2027)
- Seawind International LLC
- BCFoods Inc.
- Howenia Enterprise Co. Ltd.
- Freeze-Dry Foods
- Nestlé S.A.
- BB Products Pty Ltd.
- Saraf Foods Pvt. Ltd.
- La Frubense S.L.
- Berrifine A/S
- Dehydrates Inc.
- DMH Ingredients Inc.
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Air-Dried Food Market, by Region, 2018-2027 (USD Billion)
1.2.2. Air-Dried Food Market, by Product, 2018-2027 (USD Billion)
1.2.3. Air-Dried Food Market, by Form, 2018-2027 (USD Billion)
1.2.4. Air-Dried Food Market, by Distribution Channel, 2018-2027 (USD Billion)
1.2.5. Air-Dried Food Market, by End user, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Air-Dried Food Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Air-Dried Food Market Dynamics
3.1. Air-Dried Food Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Air-Dried Food Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Air-Dried Food Market, by Product
5.1. Market Snapshot
5.2. Global Air-Dried Food Market by Product, Performance – Potential Analysis
5.3. Global Air-Dried Food Market Estimates & Forecasts by Product 2017-2027 (USD Billion)
5.4. Air-Dried Food Market, Sub Segment Analysis
5.4.1. Coffee Beans
Chapter 6. Global Air-Dried Food Market, by Form
6.1. Market Snapshot
6.2. Global Air-Dried Food Market by Form, Performance – Potential Analysis
6.3. Global Air-Dried Food Market Estimates & Forecasts by Form 2017-2027 (USD Billion)
6.4. Air-Dried Food Market, Sub Segment Analysis
6.4.1. Coffee Beans
Chapter 7. Global Air-Dried Food Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global Air-Dried Food Market by Distribution Channel, Performance – Potential Analysis
7.3. Global Air-Dried Food Market Estimates & Forecasts by Distribution Channel 2017-2027 (USD Billion)
7.4. Air-Dried Food Market, Sub Segment Analysis
7.4.1. Coffee Beans
Chapter 8. Global Air-Dried Food Market, End user
8.1. Market Snapshot
8.2. Global Air-Dried Food Market by End user, Performance – Potential Analysis
8.3. Global Air-Dried Food Market Estimates & Forecasts by End user 2017-2027 (USD Billion)
8.4. Air-Dried Food Market, Sub Segment Analysis
8.4.1. Supermarkets & Hypermarkets
8.4.2. Convenience Stores
8.4.3. Online retailers
Chapter 9. Global Air-Dried Food Market, Regional Analysis
Global Plant-based Cheese Market Size, Regional Forecasts 2020-2027
Global Plant-based Cheese Market is valued approximately USD 1.01 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 12.8 % over the forecast period 2020-2027. Plant-based Cheese or vegan cheese were made from soy flour, margarine, and yeast extract. With harder margarine, this can produce a hard vegan cheese that can be sliced; softer margarine produces a softer, spreadable cheese. Plant based cheese is a comeback of fat-free protein, vegetables beneficial for health and anti-oxidant rich green juices. Vegan diet not only excludes animal flesh, but also dairy, eggs and animal-derived ingredients.
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