Commercial Food Dehydrators Market To Hit Value 8.4 Million By 2025Posted by Mrudula Anil Karmarkar on March 17th, 2021 The global commercial food dehydrators market size is anticipated to reach USD 868.4 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 7.1% over the forecast period. Growing demand for eatables with an improved shelf life is expected to boost the product demand over the forecast period. In addition, increasing awareness pertaining to the benefits associated with food dehydrators is expected to drive the market. FDA, in particular, has relaxed the nutrition labeling of products which is expected to aid in increasing the distribution of packaged foods by restaurant operators leading to the optimum supply chain of products to consumers. Furthermore, food safety testing and processing industries are expected to function at full capacity owing to consumers stock-piling goods during the COVID-19 lockdown. The report will account for Covid19 as a key market contributor. Food dehydrators reduce the water content from the eatables, which deems the eatable inhabitable for bacteria and prevents spoilage. This process of dehydration increases the shelf life of the eatables and aids in preservation. This process positively influences the import and export of eatables by drastically reducing their weight and elevating trade operations. A major challenge faced by the market is the availability of other methods of food preservation. In addition, the availability of improved substitutes as compared to food dehydrators is expected to hamper the market growth. However, growing awareness pertaining to the product is likely to aid market growth over the forecast period. In 2018, Europe was the dominant market with 35.2% revenue share owing to growing demand for packaged eatables. However, Asia Pacific is expected to overtake the region to take the lead in 2025, with a 36.7% share in terms of revenue owing to increasing demand for eatables with longer shelf life especially in China and India. Further key findings from the report suggest:
One-third of the total food produced around the globe remains unconsumed and is thrown away. Numerous initiatives have been taken by the government and numerous organizations. These organizations use dehydrators to preserve unconsumed food which is provided to areas suffering from natural disasters or hunger. These appliances are also used by the restaurant owners to avoid spoiling of unused eatables. North America accounted for the fourth largest market share for commercial food dehydrators in 2018. Growing awareness regarding food wastage coupled with high disposable income is expected to boost the demand for the dehydrators. Moreover, growing demand for eatables with long shelf life is expected to fuel the demand for commercial food dehydrators in North America. Increasing population and rising disposable income are expected to drive the demand for processed eatables during the upcoming years. In order to meet increasing consumer demands, food processing companies are expected to expand their businesses and boost the market for commercial food dehydrators over the forecast period. This demand is elevated by campaigns to avoid wastage of eatables. Food contains high amount of water including over 85% in fruits and over 65% in meats. Food dehydrators support the market players in trading as it reduces the size and weight of the eatables, significantly. This enables the producers to import and export different types of eatables in higher quantities, which can be used after rehydration. The market players involved in food trade are expected to further boost the market. Have a Query? Ask Our Expert: https://www.grandviewresearch.com/inquiry/6839/ibb The drying of eatables has been practiced since 12,000 B.C., which involved the traditional method of drying the eatables under the sun. However, it resulted in the eatables losing their vital nutrients, and over heating also resulted in hardened items that are moist from inside making it vulnerable to spoiling. Food dehydrators provide dried eatables without affecting their nutrient content and original flavor. The market is dominated by numerous players including Tribest Corporation; Koolatron Corporation, Excalibur Dehydrator; National Presto Industries, Inc.; Lem Products Holding LLC; and Hamilton Beach Brands, Inc. Market players have been experiencing decent competition in terms of spreading awareness and offering products at a competitive price. The market is anticipated to experience significant rivalry over the forecast period. Other prominent players operating in the market include The Sausage Maker, Inc.; NutriChef Kitchen, LLC; Aroma Housewares Company; Buffalo Appliances; STX International; Avantco Equipment; National Enameling and Stamping Company (NESCO); and Vitality 4 Life Pty. Limited. Grand View Research has segmented the global commercial food dehydrators market on the basis of technology: Commercial Food Dehydrators Technology Outlook (Revenue, USD Million, 2014 - 2025)
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information:www.grandviewresearch.com Like it? Share it! More by this author |