Food Dehydrators Market 2022-2032 | Potential growth, attractive valuation make it is a long-term investment
According to newly released report on the global food dehydrators market by FMI estimates that in 2031, the global market for food dehydrators is expected to reach US$ 3,761 Mn. In 2021, the market was estimated at US$ 2,028 Mn. If these projections are correct, the market would grow at a CAGR of 6.4% from 2021 to 2031.
Asia Pacific and North America are expected to emerge as lucrative markets for food dehydrators besides Europe. In terms of end use, the food dehydrators market can be classified into industrial, commercial, residential, and others. Of these, industrial will lead the global market on account of the rising demand from the food and beverages sector.
According to the report, the rising demand for food with longer shelf-life will stoke growth in the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.
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It includes in-depth insights into the food dehydrator market. Some of these are:
Demand for Food with Improved Shelf-life Will Boost Growth
The rising demand for food with longer shelf-life is one of the chief growth drivers of the market. Dehydrating food is one of the best technologies to enhance food shelf-life and preserve it for a longer period. The method has gained popularity because it helps in reducing food wastage. As a result of this, food dehydration also is a preferred technology for preserving unconsumed food among government and non-government organizations.
Who is Winning?
Some of the leading players operating in the food dehydrators market are Excalibur Dehydrator, Koolatron Corporation, NESCO, National Presto Industries, Inc., Hamilton Beach Brands, Inc., Lem Products Holding LLC, Tribest Corporation, The Sausage Maker, Inc., NutriChef Kitchen, LLC, Buffalo Appliances, STX International, Avantco Equipment, Vitality4Life Pty Limited, Aroma Housewares Company, and Gourmia.
As a result of increasing competition, food dehydrator manufacturers are focusing on expanding their product portfolio and improving existing technologies. Furthermore, they are using innovation to use different sources of energy to make food dehydration process more eco-friendly and reduce cost of production.
Market Segmentation
The global Food Dehydrators market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Technology
End Use
Energy Source
Region
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FREQUENTLY ASKED QUESTIONS ABOUT FOOD DEHYDRATOR MARKET
What drives the food dehydrator market?
The rising demand for advanced technologies of preserving food for a longer time is the chief driver of the food dehydrators market. In addition to this, the market has government support, which will propel growth in the coming years.
Which factors put food dehydrators market at risk?
Lack of awareness and resource in under-developed economies often restricts the application of food dehydrators.
Which region will lead the global food dehydrators market?
Europe is expected to remain the dominant market for food dehydrators through the forecast period.
Which application segment offers most lucrative growth opportunities?
Industrial segment shows highest demand for food dehydrators. As a result of this, the expansion of agricultural and food processing industries will give impetus to the food dehydrators market.
Which segment based on technology will record the highest growth?
In terms of technology, the horizontal airflow segment held the dominant share of the market in 2019.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Aug 26, 2022