South America Freeze-Dried Product Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 6.86 Billion |
| Market Size (2029) | USD 9.90 Billion |
| CAGR (2024 - 2029) | 7.58 % |
| Market Concentration | Low |
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*Disclaimer: Major Players sorted in no particular order |
South America Freeze-Dried Product Market Analysis
The South America Freeze Dried Products Market size is estimated at USD 6.86 billion in 2024, and is expected to reach USD 9.90 billion by 2029, growing at a CAGR of 7.58% during the forecast period (2024-2029).
South America is witnessing a surge in demand for freeze-dried food, driven by factors like urbanization, an expanding expat community, and rising workforce participation. Responding to this demand, companies are diversifying their freeze-dried offerings, introducing innovative flavors, especially in categories like meat, dairy, and prepared meals. Freeze-dried vegetables, a staple in South American and Mediterranean cuisines, are widely used to enhance the taste of dishes, from sauces to pasta. As the retail landscape evolves, consumers are increasingly seeking seamless shopping experiences tailored to their preferences. In 2023, the Brazilian Association of Supermarkets (ABRAS) announced plans to launch a nationwide shopping app, set to roll out in the latter half of the year. This app, serving around 94,000 stores associated with 27 state supermarket entities, is poised to offer delivery services, further fueling the demand for freeze-dried foods. The rise in trekking, hiking, and camping tourism, particularly in Brazil, is bolstering the market for emergency and prepared meals. In 2022, Brazil's Chico Mendes Institute for Biodiversity Conservation noted that Tijua National Park welcomed 3.5 million tourists, while Jericoacoara National Park saw 1.6 million visitors. These numbers underscore the rising popularity of outdoor activities, further propelling the demand for ready-to-eat meals. With such trends on the rise, companies in this sector are poised for significant growth as they cater to the evolving needs of adventure-seeking tourists.
South America Freeze-Dried Product Market Trends
Freeze Dried Fruits Are Liked By Majority
Freeze-dried fruits are gaining popularity among consumers due to their convenience, extended shelf life, and easy storage. The market offers a diverse selection of freeze-dried fruits, ranging from bananas and papayas to oranges. These fruits are a staple in various recipes, enhancing everything from household baking to dessert creations with their natural flavors. The surge in demand for healthy, natural food choices is a key driver propelling the growth of the freeze-dried fruit market, meeting the needs of consumers seeking nutritious, shelf-stable options. Furthermore, the trend of using freeze-dried fruits as snacks and meal replacements is rising in the region. These fruits, rich in nutrients and low in calories, retain a significant portion of their vitamins, minerals, and fiber, appealing to health-conscious consumers. Common choices like strawberries, bananas, mangoes, and apples offer a natural sweetness and a diverse flavor profile.
Brazil Is The Largest Consumer Of Freeze-Dried Products
With busy lifestyles and increasing disposable income, the demand for high-quality, convenient, ready-to-eat food is on the rise. Freeze-dried foods have emerged as quick, on-the-go snacks, highlighting their convenience. Compared to other preservation techniques, freeze-drying stands out for its ability to better retain the nutritional value of foods. With a surge in health awareness among Brazilian consumers, the nutritional profile of freeze-dried foods becomes a compelling selling point. Freeze-dried foods provide a convenient and cost-effective avenue for exploring these flavors. Consequently, companies are focusing on expanding production capacities and rolling out innovative product lines to stay competitive. For instance, in June 2022, Olam Group collaborated with GEA Group to bolster its coffee bean processing facility. This facility, located in Espírito Santo, Brazil, specializes in freeze-dried instant coffee products tailored to meet the rising local demand. Notably, Espírito Santo is renowned for its conilon beans, akin to robusta beans.
South America Freeze-Dried Product Industry Overview
The South American freeze-dried market is highly competitive with several regional and global players. The major players in the market inclue Nestle SA, Ajinomoto Co. Inc., Asahi Group Holdings, Thrive Life LLC, and OFD Foods LLC. Major players are actively engaging in strategies such as product launches, mergers, acquisitions, expansions, and partnerships to solidify their consumer base and market standing. key players predominantly focus on product innovations, introducing convenient and portable meal options. Additionally, expansion emerges as the common tactic for broadening their customer base.
South America Freeze-Dried Product Market Leaders
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Nestlé
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AJINOMOTO CO.,INC.
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Thrive Life, LLC
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Asahi Group Holdings, Ltd.
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OFD Foods, LLC.
*Disclaimer: Major Players sorted in no particular order
South America Freeze-Dried Product Market News
- July 2024: Nestle unveiled a new coffee variety, Star 4, designed for high yields and strategically targeted at Brazil. The company emphasized Star 4's resistance to pests and diseases alongside its production capabilities. Nestlé underscored that these unique features have the potential to notably enhance the sustainability of the global green coffee industry.
- May 2024: Nestle planned to invest BRL 1 billion (USD 196.5 million) in Brazil by 2026 to expand production capacity and out-of-home sales of its Nescafe lines, targeting younger consumers.
- March 2024: Brothers All Natural announced the launch of Infused Fruit Crisps that are peanut-, tree-nut-, soy-, dairy-, and gluten-free, Kosher, and non-GMO.
South America Freeze-Dried Product Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Market Drivers
- 4.1.1 Consumer Demand For Ready Meals
- 4.1.2 Use Of Freeze-Dried Food In Infant Formula
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4.2 Market Restraints
- 4.2.1 Cost Of Freeze-Dried Products
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Product Type
- 5.1.1 Freeze-dried Fruits
- 5.1.2 Freeze-dried Vegetables
- 5.1.3 Freeze-dried Beverages
- 5.1.4 Freeze-dried Dairy Products
- 5.1.5 Freeze-dried Meat and Seafood
- 5.1.6 Prepared Foods
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5.2 Distribution Channel
- 5.2.1 Supermarkets/Hypermarkets
- 5.2.2 Convenience/Grocery Stores
- 5.2.3 Online Retail Stores
- 5.2.4 Other Distribution Channels
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5.3 Geography
- 5.3.1 Brazil
- 5.3.2 Argentina
- 5.3.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Nestle SA
- 6.3.2 AJINOMOTO CO., INC.
- 6.3.3 Asahi Group Holdings, Ltd.
- 6.3.4 Harmony House Foods, Inc.
- 6.3.5 Expedition Foods Limited
- 6.3.6 Thrive Life, LLC.
- 6.3.7 OFD Foods Inc.
- 6.3.8 Lionmeal
- 6.3.9 Solo Snacks Food Products Trade Ltd
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablitySouth America Freeze-Dried Product Industry Segmentation
Freeze-drying, a food preservation technique, entails freezing the food, extracting moisture in a vacuum, and sealing it in an airtight container. This process allows for easy transport, extended shelf life, and minimal preparation before consumption.
The South America freeze-dried product market is segmented by product type (freeze-dried fruits, freeze-dried vegetables, freeze-dried beverages freeze-dried dairy products, freeze-dried meat and seafood, and prepared foods), distribution channel (supermarkets/hypermarkets, convenience/grocery stores, online retail stores, other distribution channels), and country (Brazil, Argentina, and Rest of South America).
The report offers market size and forecasts in value (USD) for the above segments.
| By Product Type | Freeze-dried Fruits |
| Freeze-dried Vegetables | |
| Freeze-dried Beverages | |
| Freeze-dried Dairy Products | |
| Freeze-dried Meat and Seafood | |
| Prepared Foods | |
| Distribution Channel | Supermarkets/Hypermarkets |
| Convenience/Grocery Stores | |
| Online Retail Stores | |
| Other Distribution Channels | |
| Geography | Brazil |
| Argentina | |
| Rest of South America |
South America Freeze-Dried Product Market Research FAQs
How big is the South America Freeze Dried Products Market?
The South America Freeze Dried Products Market size is expected to reach USD 6.86 billion in 2024 and grow at a CAGR of 7.58% to reach USD 9.90 billion by 2029.
What is the current South America Freeze Dried Products Market size?
In 2024, the South America Freeze Dried Products Market size is expected to reach USD 6.86 billion.
Who are the key players in South America Freeze Dried Products Market?
Nestlé, AJINOMOTO CO.,INC., Thrive Life, LLC, Asahi Group Holdings, Ltd. and OFD Foods, LLC. are the major companies operating in the South America Freeze Dried Products Market.
What years does this South America Freeze Dried Products Market cover, and what was the market size in 2023?
In 2023, the South America Freeze Dried Products Market size was estimated at USD 6.34 billion. The report covers the South America Freeze Dried Products Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Freeze Dried Products Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Freeze Dried Products Industry Report
Statistics for the 2024 South America Freeze Dried Products market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Freeze Dried Products analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
