Global Freeze-dried Foods Market 2019-2023
About this market
Factors such as the high demand for convenience food, rising global urban population, and high purchasing power in emerging countries are identified as key trends that will gain traction in the market. A considerable shift in the lifestyle and diet is resulting in an increase demand for freeze-dried food products. Technavio’s analysts have predicted that the global freeze-dried foods market will register a CAGR of over 7% by 2023.
Increasing product launches Market players are launching new products to increase their market share and revenue flow. They are also trying to draw more customers and retain their interests.
Increasing product recalls
Food regulatory and compliance authorities in any country can shut down a business and recall its products from the market if these products pose a threat to the wellbeing of consumers.
For the detailed list of factors that will drive and challenge the growth of the global freeze-dried foods market during 2019-2023, view our report.
The market appears to be fragmented with the presence of many companies. Factors such as the high demand for convenience food and increasing product launches, will provide considerable growth opportunities to freeze-dried foods market vendors. Kerry Group, The Kraft Heinz Company, Mondelēz International, Nestlé, and Unilever are some of the major companies covered in this report.
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