AIR DRIED VEGETABLES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
Air Dried Vegetables Market, By Product Type (Carrots, Mushrooms, Peas, Onions, Tomatoes, Bell Peppers, and Others), By Application (Food Industry, Snacks, Soups and Sauces, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
In January 2024, NRGene Technologies Ltd. proudly announced the launch of Supree (Supree-Zanim), its newly established FoodTech subsidiary. Supree focuses on developing innovative fruit and vegetable varieties that possess the unique ability to naturally self-dry on the vine, preserving their nutritional value and flavor. This groundbreaking advancement in agricultural technology aims to revolutionize the way fruits and vegetables are cultivated and consumed.
In 2021, Nim's, a well-known brand in the healthy snack industry, expanded its product line by launching an innovative range of air-dried fruits and vegetables. This move was part of a broader trend towards healthier snacking options and aimed to cater to health-conscious consumers looking for nutritious alternatives to traditional snacks.
In 2021, Olam Food Ingredients, a division of Singapore-based Olam International, announced a significant strategic acquisition of Olde Thompson, a prominent spice manufacturing company based in California, U.S. This acquisition, valued at approximately US$ 950 million, marks a pivotal move for Olam in expanding its footprint in the global spice and seasoning market.
In 2020, Universal Corporation, a prominent player in the leaf tobacco industry based in Illinois, announced the successful acquisition of Silva International, a well-established fruit and vegetable processing firm located in the U.S. This acquisition, valued at US$ 170 million in an all-cash transaction, marks a significant strategic move for Universal Corporation as it diversifies its business operations.