Food Dehydrators Market By Technology (Vertical Airflow, Horizontal Airflow), End-Use (Industrial, Commercial, Residential), Energy Source (Electricity, Biofuel, Solar) & Region - Forecast to 2019 - 2029
Food Dehydrators Market - Analysis, Outlook, Growth, Trends, Forecasts
- February 2020
- 300 pages
- Food and Beverage
Global Food Dehydrators Market to Surpass US$ 3000 Mn by 2029
The global food dehydrators market is projected to reach US$ 3,089 Mn by the end of 2029. The market was valued at US$ 1,600 Mn in 2029. If these figures hold true, the market will exhibit a CAGR of 6.8% between 2019 and 2029. Regionally, Europe is expected dominate the market.
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.
Food Dehydrators Market - Rising Demand for Food with Longer Shelf Life to Boost Growth
Through the course of the report’s forecast period, the food dehydrators market is forecast to exhibit robust growth. This is attributable to the rising demand for products with longer shelf-life. This, coupled with the rising disposable income of consumers will give impetus to the market.
In addition, the expansion of the food processing industry as a result of changing consumer preference will have positive impact on the overall market. Therefore, residential sector will emerge as key end user of food dehydrators. Besides this, the market will continue witnessing high demand in commercial and industrial sectors.
Food Dehydrators Market - Europe Will Offer Robust Growth Opportunities
Regionally, the global food dehydrator market covers Europe, North America, East Asia, South Asia, Latin America, Oceania, and the Middle East and Africa. Among these regions, Europe currently leads the market. In Europe, the food dehydrator market gains from the rapidly growing food processing and agricultural industries. In addition to this, the demand for food dehydrators is expected to remain high in Asia Pacific. Growth in this region is propelled by the rising awareness about food wastage. Furthermore, high agricultural production will support growth of the food dehydrator market in this region.
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.
Food Dehydrators Market - Rising Focus on Reducing Food Wastage will Drive Growth
The rising awareness among consumers about the importance of reducing food wastage will drive food dehydrators market. In addition to this, the market will benefit from their increasing disposable incomes and consequent willingness to spend on food products with longer shelf-life.
With governments and international organizations taking initiatives to reduce food wastage, the demand for food dehydrators are likely to rise. These organizations often preserve the unconsumed foods using dehydrators. It is then sent to areas suffering from natural disasters or food shortages.
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.
The global Food Dehydrators market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
- Vertical Airflow
- Horizontal Airflow
- Other End-Uses
- North America
- Latin America
- East Asia
- South Asia