Global Dried Processed Food Market - Growth, Trends and Forecasts 2017 - 2022

  • ID: 4387587
  • Report
  • Region: Global
  • 167 pages
  • Mordor Intelligence
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Market Insights

The global market size of dried processed food is currently around USD 257 billion and is expected to reach USD 340.50 billion by 2021, at a CAGR of 5.80%. The dried processed food market is highly influenced by the busy lifestyle of consumers; hence driven by the convenience of food preparation. At present, gluten-free dried food is witnessing a high growth, which has resulted in many dried processed food manufactures launching gluten-free dried products. This kind of a market trend is supporting the expansion of dried processed food business.

Market Dynamics

The global dried processed food market is driven by changing lifestyles and dietary habits, and demand of high-quality convenience foods at a low price and longer shelf-life. Even though, the dried processed food market is increasing at a significant pace, there are a few constraints that are restricting the market, such as loss of nutrients and the original taste of products and high manufacturing and production cost involvement. However, dried processed food market has good opportunities due to rising popularity of ready-to-cook foods and introduction of innovative gluten-free dried processed foods into the market.

Market Segmentation

The dried processed food market can be broadly segmented into three segments - product type, drying technology, and geography. By product type, dried processed food can be classified into pasta & noodles, dried soup, dried ready meals, dessert mix, and others. Among all product types, dried pasta & noodle segment bears the highest demand, which is followed by soups and ready meal products. Regarding technology, the market is segmented into spray dried, freeze dried, vacuum dried, sun dried, hot air dried, and others wherein sun drying method is being adapted mostly among all drying technologies. By geography, dried processed food market is segmented into North America, South America, Europe, Asia-Pacific, and Africa.

Regional Analysis

The global dried processed food market is dominated by North America, with 32% of the market share. It is followed by Europe (XX %), Asia-Pacific (XX %), South America (XX %) and Africa (XX %). North America is the largest consumer of dried processed food, due to high meat consumption habits in this region; the USA and Canada are the largest consumers. Europe is the second largest consumer of dried food products; some parts of Europe like the UK, France, Germany, and Italy are significant consumption markets currently. In the Asia-Pacific region, China is the largest consumer and producer of dried processed food. The consumption of such products is also growing at a good rate in the developing countries of South America.

Competitive Environment

Most of the developed countries are home to numerous dried processed food products. Globally, there are many big and small players that are involved in the production of dried food products. The overall market is concentrated, as more than 50% the dried processed food market is controlled by top ten players, currently. The small and medium players are dealing in niche markets with private labels, which is a small part of the total dried food market. The market entry for new players is very difficult, due to alternatives available in the market. New product launches, innovative flavors, gluten-free products, and mergers and acquisitions with local players, have been strong business strategies for market growth.

The major players of this markets are-

Key Deliverables:

Market analysis for the global dried processed food market, with region specific assessments and competition analysis on a global and regional scale.

Market definition along with the identification of key drivers and restraints.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their market share.

Identification and analysis of the macro and micro factors at both global and regional level.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights on the major countries/regions where this industry is growing and also identify the regions that are still untapped.
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1. Introduction
1.1 Key Deliverables of the study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.1 Introduction
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering and Econometric Modelling
2.4.4 Expert Validation
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Changing Lifestyle and Dietary Habits
4.1.2 Demand of High Quality Convenience Food with Low Price and Longer Shelf-life
4.2 Constraints
4.2.1 Loss of Nutrients and Original Taste of Products
4.2.2 High Manufacturing and Production Cost Involvement
4.3 Opportunities
4.3.1 Rising Popularity of Ready-to-Cook Foods
4.3.2 Innovative Product Offerings
4.4 Porter Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 By Product Types
5.1.1 Pasta & Noodles
5.1.2 Dried Soup
5.1.3 Dried Ready Meals
5.1.4 Dessert Mixes
5.1.5 Others
5.2 By Drying Technology
5.2.1 Spray Dried
5.2.2 Freeze Dried
5.2.3 Vaccum Dried
5.2.4 Sun-Dried
5.2.5 Hot Air Dried
5.2.6 Others
5.3 By Geography
5.3.1 North America
5.3.1.1 U.S.
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Others
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 U.K.
5.3.2.3 France
5.3.2.4 Spain
5.3.2.5 Italy
5.3.2.6 Russia
5.3.2.7 Others
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Others
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Others
5.3.5 Africa
5.3.5.1 South Africa
5.3.5.2 Others
6. Competitive Landscape
7. Company Profiles
7.1 Ajinomoto Co. Inc.
7.2 China National Cereals
7.3 General Mills Inc.
7.4 Hagoromo Foods Corp
7.5 House Foods Corp
7.6 Impulse and Indulgence Products
7.7 Japanese Consumers Co-operative Union
7.8 Jinmailang Food Co. Ltd
7.9 J.M. Smucker Co.
7.10 Kewpie
7.11 Kraft Foods Inc.
7.12 Nestlé
7.13 Nissin Food Holdings Co. Ltd.
7.14 Meal Solutions
7.15 Oils & Foodstuffs Import & Export Corp
7.16 Russky Produkt OAO
7.17 Ting Hsin International Group
7.18 Unilever Ltd
7.19 Yihai Kerry Oils & Grains Co. Ltd.,
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