Freeze Dried Melt Market 2024 | Latest Trends, Demand, Growth, Opportunities & Outlook Till 2034
According to Future Market Insights (FMI), the global freeze-dried melt market size is expected to reach US$ 214.7 million in 2024. The market is projected to surge at 8.1% CAGR through 2034. Accordingly, the total market valuation is projected to reach US$ 460.4 million by 2034.
Rising health and well-being consciousness among consumers due to the presence of healthy and clean ingredients in freeze-dried melts are driving the market growth. Consumers are diverting toward healthy dietary choices that fit their busy lifestyles, thereby surging the demand for freeze-dried melts.
The growing significance of labeled products without any artificial ingredients is driving demand for natural and organic products. Manufacturers are focusing on innovative processes and products with nutritious ingredients to cater to the targeted health-conscious consumers.
Consumers increasingly rely on several e-commerce platforms when shopping for freeze-dried melts due to their convenience, transparency, offers, and discounts on the products. Increasing consumer preferences and interest in organic-certified food products are further surging the demand for freeze-dried melts.
Information Source: https://www.futuremarketinsights.com/reports/freeze-dried-melt-market
Key Takeaways from the Freeze-dried Melts Report:
- The freeze-dried melt market is projected to expand at a CAGR of 8.1% during the forecast period.
- The United States freeze-dried melt market is expected to grow at a CAGR of 6.6% during the forecast period.
- The global freeze-dried melt market is expected to reach US$ 214.7 million in 2024.
- By 2034, freeze-dried melt sales in China are expected to reach US$ 15.1 million.
- The United Kingdom freeze-dried melt industry is projected to advance at 7.9% CAGR during the forecast period.
“The freeze-dried melt market is growing, driven by consumer preferences for convenient and health-conscious food products, especially for babies. Manufacturers are innovating products with diverse formulations, including organic, clean-label, and non-GMO choices, to meet growing preferences. E-commerce strategies further boost accessibility, transparency, and offers & discounts, marking a dynamic phase in the industry’s growth.” – says a lead analyst at Future Market Insights (FMI).
Competitive Landscape
TASTIWAY SDN. BHD, Kroger Co., Natural Health Foods Limited, Baby Natura (Mega Pharma Ltd), and Nestle Global (Gerber) are the key manufacturers and brands for the freeze-dried melt market listed in the report.
Leading companies are expanding their product portfolios, employing digital marketing and advertising, and arranging campaigns, partnerships, acquisitions, agreements, and mergers to maintain market relevance.
For instance,
- In 2020, Swastik Foods launched a new range of freeze-dried melts, such as Fruit Melts and mango Fruit Yogo strawberry melts, designed to meet the current demand for healthy, natural ingredients.
- In 2023, Sow Good, Inc. expanded its presence in the freeze-dried candy market by introducing two additional freeze-drivers.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the freeze dried melt market presenting historical demand data (2019 to 2023) and forecast statistics for the period from 2024 to 2034.
The study incorporates compelling insights on the freeze-dried melt market based on product type (flat-bottomed drop, oval, cubes, squares, other), fruit type (berries [strawberry, raspberry, blueberry, cranberry, other] exotic and tropical fruits [mango, papaya apple, pear, pineapple, banana, passion fruit, peach, other]), sales channel (store-based sales- hypermarket/supermarket, convenience stores, discount stores, food & drink stores, specialty stores, grocery stores, online sales), packaging material (packets, pouches, bag in box), and region.