Dried Processed Food Market

Dried Processed Food Market Size, Growth (2023-2028)

The Global Dried Processed Food Market size was worth US$ 287 billion in 2022, and it is estimated that it will reach US$ 400 billion by 2028 with an annual expansion rate of 5.8% between 2023 and 2028.

Market Overview:

Dried processed foods are made by removing moisture from food or crops to preserve nutrients and flavorings and extend shelf life. Through drying, it is possible to remove moisture from food, with the aim of not having the ability to develop microorganisms, such as microorganisms, yeasts and fungi, and avoid food spoilage. Drying is an age-old technique for food handling, ensuring food flavor and supplementation, making this food available year-round. Dried processed foods are available in various types, including pasta and noodles, ready meals, and soups. In addition, the drying process of food helps to stop the growth of microorganisms.

Dried Processed Food Market Growth:

As consumer awareness of the improved shelf life of dried processed foods increases, adoption of dry processed foods increases among consumers, especially in developing countries.

REPORT COVERAGE:

Drivers:

Increased consumption of prepackaged and processed foods is one of the key factors driving growth in the global dried processed foods market. As the demand for gluten-free products increases among health-conscious people, food manufacturers are providing organic processed foods to increase the growth of the dried processed foods market. The growing demand for prepared foods among the workforce is expected to support sales growth in the dried processed foods market. Changes in consumer purchasing patterns affect the expansion of product portfolios based on the needs of manufacturers' consumers, which is expected to increase global dried processed food market growth. In addition, technological advancements in packaging technology and product differentiation are some of the factors that are expected to drive growth in the dried processed food market. Also, as the number of working women increases, the demand for dry processed foods, such as dry pasta and noodles, soups and desserts, is likely to increase further. Additionally, the high nutritional content of dry processed foods has attracted the attention of many health-related consumers worldwide. The growth of the dried processed food market has been driven by busy lifestyles, increased work pressure and increased leisure preferences. Also, as the preference for gluten-free foods increases due to health issues, the dried processed food market is expected to open worldwide. Although the dried processed foods market is expanding at a significant rate, there are several orders limiting the market, such as loss of supplements and first taste of items and high assembly and production costs. The expression of processed foods without gluten and original flavor is based on the increase in market development in the coming years.

Additionally, the high nutritional content of dried processed foods can be consumed at any time of the day, attracting the attention of several health-conscious consumers around the world. The market is driven by lifestyle and eating habits, and there is a demand for convenient food with low cost and longer shelf life. The global dried processed food market is fueled by a change in lifestyle and the inclination of the diet and the demand for comfortable foods with lower costs and longer usage times. In any case, the dry processed food market has opened a big door with the increase in the ubiquity of cooked foods and the launch of imaginative dry acid gluten processed foods on the dried processed food market. As buyers' interest and awareness of the benefits of gluten-free foods increases, key players must update their product portfolio and establish their essence in markets around the world. Dry-prepared meals, dry noodles and pasta, and many other dried processed foods require less time to prepare. Dried processed foods, such as pasta and noodles, are the main foods and are consumed in many countries. Due to the busy lifestyle and the need for leisure, convenient food is needed. Due to growing health awareness, food manufacturers are concentrating on the use of natural, organic, functional, highly effective and low toxicity food additives in these dried processed foods. The increase for the consumption of organic processed foods and gluten-free food due to health concerns is likely to increase the global dried processed food market growth.

Restraints:

The strong presence of local manufacturers leads to market fragmentation, which can hinder the growth of the dried processed food market in the future.

Impact of COVID 19 on the Dried Processed Food Market:

The dry processed food market will continue to be redefined and redesigned, reestablishing itself to a new standard that continues after the COVID-19 era. Maintaining accurate trends and analysis is more important than ever to manage uncertainty and constantly adapt to changing new market conditions. The growing demand for decoupling and economic expansion will change the relationship between China and other parts of the world, affecting competition and opportunities in the dry food market.

Dried Processed Food Market Segmentation Analysis:

The global dried processed food market is categorized based on drying technology, product types and distribution channels.

Based on product types, the world market is classified into dry pasta and noodles, dry soups, dry prepared foods, dessert mixes, and more.

Based on drying technology, the global dried processed foods market is classified as freeze dried, spray dried, sun dried, hot air dried, vacuum dried and others.

Based on distribution channels, the global dried processed foods market is classified into convenience stores, retail stores, hypermarkets/supermarkets, online and others.

Geographical Segmentation Analysis:

• North America - the United States and Canada
• Europe - United Kingdom, Spain, Germany, Italy, and France
• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

North America has the main dried processed food market on the planet, which is trailed by Europe and Asia Pacific. The North American dried processed food market is attributed to increased consumption of processed foods. Also, a growing number of working women is another factor projected to drive growth of the target market in this region. The dried processed food market in Asia Pacific is expected to contribute significantly to the dried processed foods market, revenue share, due to the strong presence of food manufacturing companies and the inclination towards ready-to-eat foods.

The Asia Pacific area is likely to have the fastest development rate in the middle of the estimated time frame attributable to increased utilization in nations, for example India, China and Japan. Much of the district's development can be attributed to the growing interest in rice and noodles from emerging economies such as China, India, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Besides, industrialization, the change in the food consumption preferences of the population, rapid urbanization, together with the increase in disposable income, are some factors that are expected to drive the growth of the dried processed food market in several countries in this region. Factors, for example, high energy purchases from shoppers and an expansion in food consumption, will drive interest in advantageous foods, such as dry noodles and prepared dinners in the area in the coming years.

The European dried processed food market is expected to register substantial growth, due to the high consumption of noodles and pasta as a staple food. Europe is the second-largest consumer of dry food products; Some parts of Europe, such as the United Kingdom, France, Germany and Italy are important markets. The higher the level of processing, the higher the level of product differentiation, can be attributed to highly sophisticated R&D capacity in these developing countries. Manufacturers of dried processed foods in these countries can discover what consumers want and deliver them with the product characteristics that consumers prefer.

Key Players in the Market:

Major key Players in the Global Dried Processed Food Market are

• B&G Foods
• Ajinomoto Co. Inc
• Campbell
• Hagoromo Foods Corp
• Nestlé
• General Mills Inc
• Impulse and Indulgence Products
• Kraft Foods Inc
• Jinmailang Food Co. Ltd
• Unilever Ltd