Global Food Dehydrators Market To Be Driven At A CAGR Of 5% In The Forecast Period Of 2021-2026
The new report by Expert Market Research titled, ‘Global Food Dehydrators Market Price, Share, Size, Trends, Scope, Report and Forecast 2021-2026’, gives an in-depth analysis of the global food dehydrators market, assessing the market based on its segments like type, energy source, end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2021-2026)
Historical Market Size (2020): USD 212 Million
Forecast CAGR (2021-2026): 5%
Forecast Market Size (2026): USD 303 Million
The global food dehydrators market is driven by the demand form expanding food processing sector. This can be attributed to the benefits of dehydrated food such as minimum packaging, easy storage, and lesser transportation costs, among other.
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Moreover, the widespread application of food dehydrator in food segments such as chips, dried spices & condiments, dried fruits & nuts, meat products, and dried seafood is expected to propel the growth. Additionally, the growing awareness among the masses regarding food safety is further expected to boost the market growth. The increasing research and development (R&D) activities for increasing dehydration efficiency will likely aid the market over the forecast period.
Industry Definition and Major Segments
Food dehydrators are heating devices that helps in removing water content from food products. It comprises utilises hot air for the dehydration process. The food items are dehydrated with the primary purpose of preservation.
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The market can be divided on the basis of type into:
- Vertical Airflow
- Horizontal Airflow
On the basis of energy source, the market is divided into:
The market can be divided on the basis of end use into:
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
Regionally, Europe is expected to be a significant shareholder in the global market for food dehydrators. The presence of major food processing companies in the region and rapidly expanding food and beverage sector is projected to aid in the regional dominance.
Meanwhile, Asia Pacific is expected to show fastest growth rate over the forecast period owing to rising awareness regarding food wastage, increasing agricultural production, and growing exports of food products especially fruits and vegetables.
Moreover, the rapidly developing food processing industry is projected to further boost the regional product demand. The North America is projected for moderate growth due to the present demand for processed food.
Key Market Players
The major players in the market are National Presto Industries, Inc., Kerone Engineering Solutions Ltd, Guangdong IKE Industrial Co. Ltd, Weston Brands LLC, Tribest Corporation, and a few others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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