Production of Freeze Dried Fruits & Vegetables

Production of Freeze Dried Fruits & Vegetables (Dry Banana, Mango, Custurd Apple, Beetroot, Sapota, Dragon Fruit, Jamun and Green Peas). Growing Industry for Starting a Business in Food Processing Sector.

Freeze drying is a relatively recent method of preserving food. It involves freezing the food, then removing almost all the moisture in a vacuum chamber, and finally sealing the food in an airtight container. Freeze-dried foods can be easily transported at normal temperatures, stored for a long period of time, and consumed with a minimum of preparation. Once prepared, freeze-dried foods have much the same look and taste as the original, natural products.

The freeze-drying process was developed during World War II as a method of preserving blood plasma for battlefield emergencies without requiring refrigeration or damaging the organic nature of the plasma. The technology was applied to consumer food products after the end of the war. Coffee was one of the first freeze-dried products to be marketed on a large scale. Today, many fruits, vegetables, meats, eggs, and food flavorings are freeze-dried.

Type

Freeze-dried Vegetable,

Freeze-dried Fruit,

Freeze-dried Dairy Products,

Freeze-dried Beverage (Freeze-dried Coffee & Tea, Others),

Freeze-dried Meat & Seafood and Prepared Foods.

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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. Majority of fruits consist of around 90% of water and is the main reason for their spoilage which limits their shelf life and functionality. Freeze drying, removes almost all the water present in the fruits through sublimation, making the final products lighter, with a very long shelf life which results in a more accessible and logistics friendly products in the market. Freeze dried are considered as best dehydrated fruits due to its sensory quality, superior texture and taste which is retained after rehydration. Various renowned multinational companies of the world such as Kellogg's and Nestle use freeze dried fruits as ingredients in their breakfast cereal products and baby foods. Fruits are prone to loss of minerals and vitamins when exposed to high temperature due to their heat-sensitive properties. The freeze-drying technology preserves necessary vitamins, antioxidants and all other necessary nutrients during dehydration which increases its importance among the other drying techniques and is expected to drive the growth of freeze dried fruit market.

Freeze drying is considered as the best drying process for packaging food and beverage products as it maintains the structural integrity and preserves the flavor. Freeze dried fruits & vegetables have better aroma, rehydration, and bioactivity when compared to products dried using other alternative techniques. Other advantages include better shelf-life, higher amount of retention of nutrients, color & texture and easy rehydration capability. These factors, coupled with developments in drying technology, will propel the global market growth.

This growth is attributed to the rising demand for westernized diets, increasing demand for ready-to-eat food and beverages, and developments in the global packaged food industry.

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Global Freeze Dried Fruits and Vegetables Market Segment Insights:

Based on product types, the global freeze dried fruits and vegetables market is divided into fruits, vegetables, and coffee beans. Fruits are a key product segment and accounted for more than one-third of the overall industry. This is attributed to the increasing adoption of freeze dried fruit powders for making juices and other beverages. Some seasonal fruits could be availed any time of the year when stored in this form.

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In terms of forms, the market is classified into powders & granules, chunks/pieces, and flakes. Powders & granules segment is expected to gain the market during the forecast timeframe. This is attributed to powder form usage in making juices, soups, and other such beverage items. Rising consumption of packages food products is expected to drive the segment’s market development in coming years.

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Global Fruit and Vegetables Processing Industry

Sales of processed fruits and vegetables has increased in absolute numbers in past 5 years but the overall share in the industry revenue has been declining.

Economic growth and rising incomes has been driving demand in developing economies for frozen fruit and vegetables, this segment has seen growth in overall contribution in revenue.

For juices and related products, rising health consciousness and the increasing value of time in developed economies is expanding demand for these products from OECD country consumers. The product segment's share of overall industry revenue has grown over the past five years.

In, dried and dehydrated foods category the overall share in industry revenue has fairly remained constant due to its low cost and its inability to gain traction with rising middle income consumers.

Market Research: Market Research Report

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.

Tags:-

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Annexure 1:: Cost of Project and Means of Finance
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