Investment Opportunities in Freeze Dried Fruits & Vegetables
Manufacturing of Freeze Dried Fruits & Vegetables (Dry Banana, Mango, Custurd Apple, Beetroot, Sapota, Dragon Fruit, Jamun and Green Peas). Most Profitable Business Ideas in Food Processing Sector.
Freeze drying, also known as Lyophilization or cryodesiccation, is a low temperature dehydration process that involves freezing the product, lowering pressure, then removing the ice by sublimation. This is in contrast to dehydration by most conventional methods that evaporate water using heat.
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One of the major disadvantages of freeze-dried food is its cost. The equipment required for this process requires a large investment of money, and the process itself is time consuming and labor intensive. These costs are usually passed on to the consumer, which makes freeze-dried food very expensive when compared to other methods of food preservation such as canning or freezing.
Application
Breakfast Cereal
Soups and Snacks
Ice Cream and Desserts
Bakery and Confectionery
Dips and Dressings
Others
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Benefits of Freeze-Drying
Freeze-dried fruits & vegetables possess superior quality as compared with fruits & vegetables dehydrated by other methods. The high quality is due to the absence of a liquid phase, as well as the low temperature of the process.
Freeze-drying preserves flavor, color, and appearance, while minimizing thermal damage to heat-sensitive nutrients. In addition, the texture is well preserved due to the process occurring in solid state. Retains original characteristics of the product, including:
- Color
- Form
- Size
- Texture
- Nutrients
- Reconstitutes to original state when placed in water
- Shelf stable at room temperature – cold storage not required
- The weight of the freeze-dried products is reduced by 70 to 90 percent, with no change in volume
- The product is light weight and easy to handle
- Shipping costs are reduced because of the light weight and lack of refrigeration
- Low water activity virtually eliminates microbiological concerns
- Offers highest quality in a dry product compared to other drying methods
- Virtually any type of food or ingredient, whether solid or liquid, can be freeze-dried
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Market Outlook
The global Freeze Dried Fruits and Vegetables market was valued at USD 27950 million in 2019 and is expected to reach USD 37070 million by the end of 2026, growing at a CAGR of 4.1% during 2021-2026. Freeze drying is a relatively new technique to preserve food and increase their shelf life. The process involves freezing the food products, removing of moisture in a vacuum chamber, and then sealing it in an air tight container. Freeze dried fruits & vegetables market will be chiefly driven by positive developments in the global packaged food industry. Freeze dried fruits & vegetables are used in different packaged food formulations such as soups, juices, confectionaries, bakeries, and many more. A substantial amount of instant coffee commercially available across the globe is made from freeze dried coffee beans. Several companies are also involved in selling freeze dried meal boxes to end-customers. Thus, increasing demand for packaged food items across the globe, fueled by an increasing population and rising income levels of consumers will be a major growth enabler for the industry.
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Freeze Dried Fruit Market: Segmentation
The freeze dried fruit market can be segmented on the basis of nature, product type, and distribution channel. On the basis of nature, the freeze dried fruit market can be segmented into organic and conventional. On the basis of product type, the freeze dried fruit market can be segmented into oranges, apples, bananas, grapes, mangoes, cherries, pineapple, strawberry, peach, raspberry and others. On the basis of a distribution channel, the freeze dried fruit market can be segmented into direct sales and indirect sales. The indirect sales market can be further segmented into modern grocery retailers and traditional grocery retailers. Modern grocery retailer is further sub-segmented into, hypermarkets/supermarkets, convenience stores, mom and pop stores and discount stores. Traditional grocery retailers segment is further sub-segmented into food & drink specialty stores, independent small groceries and others.
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The fast growing processed food sector and the increasing demand for ready-to-eat foods are the major factors boosting the market? These are owing to the busy lifestyle of people and their desire for new mouth feel. The increased shelf life of freeze dried products is also a major factor that gives the market an additional benefit.
Projects: – Detailed Project Reports
Market Trends
Growing urbanization and increased working members in the family,
Superior product quality for heat-sensitive food products,
Expanding the preserved food market,
Convenient and appealing to the customer
The freeze dried fruits & vegetables market is expected to project a significant growth in the near future. Changing consumer lifestyles as well as rising disposable income in the developing countries is stimulating the growth of ready-to-eat and ready-to-drink products which is expected to drive the growth of freeze dried fruits & vegetables market. These quick meals offer convenience and save time in an increasingly hectic and busy urban lifestyle as freeze dried fruits & vegetables can be easily reconstituted by adding water, soaking in liquid, boiling in water, or cooking in liquid.
Related Project: – Freeze Dried Fruits & Vegetables (dry Banana, Mango, Custurd Apple, Beetroot, Sapota, Dragon Fruit, Jamun And Green Peas)
Key Players:-
Accelerated Freeze Drying Co. Ltd.
Agro Dutch Inds. Ltd.
Amalgam Foods & Beverages Ltd. [Merged]
Amalgam Foods Ltd.
Classic Mushrooms Ltd.
Flex Foods Ltd
Gujarat Dehyd Foods Ltd.
Himalaya Food Intl. Ltd.
Kohinoor Foods Ltd.
Ovobel Foods Ltd.
Saraf Foods Pvt. Ltd.
Sun-Sip Ltd.
Tarai Foods Ltd.
Tirupati Vegpro (India) Ltd.
Tropicool Foods Pvt. Ltd.
Market Research: Market Research Report
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