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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)

  • Published In : Aug 2024
  • Code : CMI7315
  • Pages :129
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Regional Analysis

Air Dried Vegetables Market Regional Insights

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The North America region currently dominates the global air dried vegetables market. The region is expected to hold 40.1% of the market share in 2024. North America is home to some of the largest food processing companies worldwide that produce air dried vegetables on a mass scale. Many well-established brands that offer air dried produce have their headquarters in the U.S. This helps ensure the widespread domestic availability of air dried vegetables in various product categories like fruits, herbs, and spices across all major retail channels.

The large agricultural output and raw material sourcing ability allow North American players to maintain consistent supply and competitive prices. Many domestic farmers have entered contractual agreements with big processors to cultivate specific crops suited for air drying. Most of the popular varieties like tomatoes, onions, peppers, and mushrooms are sourced locally within North America itself. This helps processors minimize import dependence and logistical costs.

The Asia Pacific region has emerged as the fastest growing market for air dried vegetables globally. Countries like India and China have extensive cultivable land and a huge agriculture-dependent population. Rapid urbanization and rising disposable incomes are boosting the demand for convenient packaged snacks and ready-to-eat meals incorporated with value-added ingredients like air dried vegetables. Many international food giants have set up large production facilities in Asia Pacific to cater to the growing in-house consumption. The robust economic growth and developing food processing infrastructure in Asia Pacific is attracting significant foreign direct investments. Local farmers are being trained and equipped to cultivate crops suited for export to international markets in addition to domestic sales. Air drying technology providers have also expanded in the region to work with local companies. Alongside growing popularity among local consumers, Asia Pacific is emerging as a key exporter of air dried products like spices. This is expected to increase the region's global market share going forward.

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