The Market is on track to achieve a 7.95% CAGR in the forecast period. The demand for dehydrated fruits and vegetables is developing gradually as consumers become more accepting of convenient food options.
Pune, India -- (SBWIRE) -- 12/17/2018 -- Market Definition:
The Market is on track to achieve a 7.95% CAGR in the forecast period. The demand for dehydrated fruits and vegetables is developing gradually as consumers become more accepting of convenient food options. Market reports linked with the food, beverage, and nutrition industry have been presented by Market Research Future which produces reports on other industry verticals that summaries the recent market outlooks.
Market Scenario:
Apart from the noticeable benefit of dehydrated fruits and vegetables in terms of longer shelf life, the nutritional benefits offered by the products are increasing the consumer base for the market. Moreover, the availability of seasonal fruits in dehydrated forms is further reinforcing the market's growth. The rise in health awareness and development of a nutrition-conscious diet pattern is expected to broaden the scope of development of the market in the forecast period.
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Competitive Dashboard:
The prominent contenders shaping the dehydrated fruits and vegetables market are FutureCeuticals, Inc. (U.S.), Kanegrade Limited (U.K), DMH Ingredients (U.S.), Baobab Foods, LLC (U.S.), Paradise Fruits Solutions Gmbh & Co. (Germany), Activz LLC (U.S.), NutraDry (Australia), Saipro Biotech Private Limited (India), Milne MicroDried (U.S), Herbafood Ingredients GmbH (Germany) to name a few.
Competitive Analysis :
The market has prominently nullified the market trials and thus is encouraging a boost in the number of companies in the market. The market is at the topmost production level and will be able to make better worth for the businesses in the market and its shareholders. The ability to utilize the economies of scale is proving to be positive for the market's complete growth. The diversification of the product variety in the market is raising the prospects for the advancement of the market. The organization inclination in the market is reinforcing the level of expansion that can be achieved in the current market scenario. The development patterns are modified in tandem to the customer penchant to realize the maximum growth, and in the long run, viability.
Industry Updates:
Jan 2018 buenOH! has launched a new product line that resulted from a collaboration between Unica Fresh and Wild Pilot. The new products aimed at the healthy and convenient snacks segment comprise of crispy dehydrated apple, pineapple, and pepper snacks, without additives, added sugar, preservatives, lyophilisation, frying, and are thus, fat-free. The product is currently being marketed through retailers and specialized stores in Europe, Spain, Asia and North America.
Segmental Analysis:
The Dehydrated Fruits & Vegetable Market is segmented on the basis of type, region, and form. On the basis of type, the market is segmented int fruits & vegetables. The fruits segment is further segmented into apricots, bananas, pineapple, apples, cherries, and others. The vegetable segment of the market consists of onions, garlic, tomato, mushrooms, and others. The market segmentation on the basis of form comprises of powder, granules, and others. The regions covered in this market are Asia Pacific, Europe, North America and the rest of the world.
Detailed Regional Analysis
The regional analysis of the dehydrated fruits and vegetables market is segmented into Europe, North America, Asia Pacific, and Rest of the World. The North American region is projected to hold a lead market portion through the forecast period. The use of dehydrated fruits & vegetables is expected to find massive opportunity in the nutraceuticals products because of the high consumption of nutraceuticals product in the North American region which in turn is projected to intensify the sales of dehydrated fruits & vegetables. Likewise, the mounting consumer predisposition towards packaged food products is beneficially impacting the growth of dehydrated fruits & vegetables market and will continue to do so in the upcoming years. Though, the Asia Pacific region is anticipated to grow at an augmented growth rate during the forecast period.
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