{"id":485741,"date":"2020-05-21T08:36:02","date_gmt":"2020-05-21T08:36:02","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=485741"},"modified":"2020-05-21T08:36:02","modified_gmt":"2020-05-21T08:36:02","slug":"airdried-food-market-is-projected-to-register-a-healthy-cagr-of-74-from-2020-to-2027-grand-view-research-inc","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/airdried-food-market-is-projected-to-register-a-healthy-cagr-of-74-from-2020-to-2027-grand-view-research-inc_485741.html","title":{"rendered":"Air-dried Food Market Is Projected To Register A Healthy CAGR Of 7.4% From 2020 To 2027 | Grand View Research, Inc."},"content":{"rendered":"
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Grand View Research, Inc. – Market Research And Consulting.<\/div>\n<\/div>\n<\/div>\n
According to report published by Grand View Research, The global air-dried food market size was valued at USD 93.59 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.4% from 2020 to 2027 . <\/div>\n

The global air-dried food market<\/a> size is expected to reach USD 165.34 billion by 2027, expanding at a CAGR of 7.4% over the forecast period, according to a new report by Grand View Research, Inc. Shifting consumer preference for healthy and convenient diet is expected to expand the scope of air-dried food in the years to come. Additionally, technological advancement in air-drying process has paved the way for the food and beverage industry participants to launch convenience products, which retain the nutritional value for longer time, along with addressing the buyers’ convenience.<\/p>\n

Coffee beans led the market with over 30% share of the total revenue in 2019. Increased popularity of instant coffee or coffee powder is boosting the segment growth. The fruits and vegetables segment is projected to witness the fastest growth in the upcoming years. These air-dried food products are gaining traction among the health-conscious consumers due to their nutritional value. Furthermore, it has become a convenient meal for outdoor activities, such as camping and hiking, owing to its long shelf life and lightweight.<\/p>\n

In terms of application, the commercial segment dominated the market in 2019 owing to widespread usage of the product in the bakery and confectionary industry, hotels and restaurants, instant meal industry, and pet industries. The household application segment is anticipated to witness the fastest growth over the forecast period. Changing consumption pattern, rapid urbanization, and expansion of e-commerce will boost the demand for the product in the household segment.<\/p>\n

To Know More About Air-dried Food Market, Access Sample Report@ https:\/\/www.grandviewresearch.com\/industry-analysis\/air-dried-food-market\/request\/rs1<\/a><\/strong><\/p>\n

\"U.S.<\/p>\n

Air-dried chunks\/pieces are projected to expand at the fastest CAGR of 7.8% from 2020 to 2027. Growing utilization of these forms in several products, such as snacks, ready-to-eat kits, cakes, and pastries, is fueling the growth of the chunks\/pieces form in the industry.<\/p>\n

Air-dried Food Market Report Highlights<\/strong><\/p>\n