The Air Dried Vegetables Market involves processing fruits and vegetables to remove moisture content using methods of air drying, hot air drying, or freeze drying. Key products in the market include air dried tomatoes, mushrooms, onions, bell peppers and more. The need for these products has increased as they offer benefits like longer shelf life compared to fresh produce without additions of preservatives. They also retain high levels of nutrients and antioxidants post drying.
The Global Air Dried Vegetables Market is estimated to be valued at US$ 5.21 billion in 2024 and is expected to exhibit a CAGR of 8.5% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the air dried vegetables are Olam International, Naturex, Symrise, Mercer Foods, BC Foods and more.
The market provides significant opportunities for players involved in organic and gluten free dried vegetable offerings. Emerging economies with growing health consciousness also present scope for expansion.
Key players are focusing on Global expansion by setting up manufacturing and distribution centers across Asia Pacific, Middle East, and South America to tap into international demand.
Market Drivers and Restrains
The growing health Air Dried Vegetables Market Trends towards consuming nutrient dense dried vegetables over fresh varieties along with their longer shelf life are major market drivers. However, high costs associated with drying techniques can restrain market growth to some extent.
Segment Analysis
The Air Dried Vegetables Market is segmented into carrots, onions, potatoes, broccoli and others. Among these, the carrots segment dominated the market and accounted for nearly 40% share in 2021. This is because carrots are one of the most widely consumed vegetables Globally. Furthermore, they can withstand the air drying process more effectively than other vegetables without losing too much of their nutritional value. Potatoes hold the second largest share as they retain their texture well during air drying and remain soft yet firm. Broccoli is gaining popularity in the air dried segment owing to increasing health conscious consumer base looking for gluten-free and low-fat vegetable options.
Global Analysis
Regionally, North America commanded the largest share in the Global Air Dried Vegetables Market in 2021. This is attributed to rising demand for healthy and convenient food products along with presence of major players in countries such as the US and Canada. Europe holds the second position with countries such as Germany, UK, France being major consumers. However, Asia Pacific is expected to witness fastest growth during the forecast period. This is mainly due to growing health awareness, increasing disposable income and shifting dietary patterns in populous countries including India and China. Furthermore, new product launches with various flavors and packaging types tailored for regional tastes will aid market expansion across Asia Pacific.
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