The global Long Term Food Storage Market is expected to display higher growth rate in the upcoming years. Rapid surge in the market is credited to the increasing space missions, shifting preferences among consumers towards ready-to-cook meals, increasing demand for convenience food, and growing focus towards hygienic food products. Long term food storage system allows food products to retain maximum vitamins and minerals. The advanced freezing solutions allows longer shelf life for the food products and limits any form of microbial growth that leads to food spoilage. In addition, increasing product penetration due to the rising number of e-commerce retail stores is expected to fuel the growth of long term food storage market in the upcoming years.
Long term food storage signifies food that is dehydrated and dried or freeze-dried to improve its shelf life. Development of highly advanced packaging solutions and ingredients for long-lasting food storage is expected to fuel market demand over the coming years. Long term food storage is typically required during harsh conditions such as space, war or extreme adventure. Globally, long term food storage market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for industry participants to invest in research and development of long term food storage.
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Advanced freezing techniques not only extends life span of the food products but also maintains their nutritional value. Increasing demand for frozen fruits and vegetables from developed and developing economies is expected to positively affect market performance of long term food storage market in the upcoming years. Furthermore, emergence of advanced refrigeration media for commercial and industrial application is predicted to boost market growth over the forecast period. Increasing import and export activities for frozen food products such as chilled beef products, frozen pizza, frozen fruits & vegetable, and many more, is expected to foster market growth over the coming years.
The market is broadly categorized into two major segments based on the application type such as dehydrated food products and freeze-dried food products. Freeze-dried food products segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing popularity of freeze-dried food products segment is attributed to the increasing product penetration in global market.
The long term food storage industry is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in implementation of latest technologies in food & beverages industry, surge in number of research & development activities and existence of well-established industrial infrastructure in the region. In European region, Germany, France, and United Kingdom are projected to witness steady growth.
Asia-Pacific region is estimated to hold a major share in the market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with shifting trends towards convenience food, improved living standard, increasing per capita income, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the long term food storage market are OFD Foods LLC, Freeze-Dry Foods Ltd., Wise Co., Blue Chip Group, Inc., Astronaut Foods Ltd., Emergency Essentials Co., Katadyn Group, Inc., eFoods Direct, LLC, Legacy Premium Co., Valley Food Storage Co., and My Food Storage Co.
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Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Long Term Food Storage in these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Long Term Food Storage market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• OFD Food
• Freeze-Dry Foods Ltd
• Wise Company
• Blue Chip Group
• Astronaut Foods
• Emergency Essentials
• Katadyn Group
• EFoods Direct
• Legacy Premium
• Valley Food Storage
• My Food Storage
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Dehydrated Food
• Freeze-dried Food
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Long Term Food Storage for each application, including
• Military
• NASA
• Civilian Retailers
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/food-and-beverage
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