Global Prepared Dry-foods Market: Extended Shelf Life to be Key Growth Factor, finds TMR

Extended shelf life of processed dry-foods to be primary factor influencing the growth of the market, says Transparency Market Research (TMR) in a research report. The report is titled, “Prepared Dry-Foods Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2016–2024.” The report is a careful examination into the growth trajectory of the global market in terms of volume and revenue shares in various segments. The report also highlights the strategies and products of the leading companies.

Prepared dry foods are a type of processed food products that are treated with heat in order to remover water content from them, thus making it inhospitable to microbes. It also enhances the shelf life of the product as microbes require water and organic content for growing and eliminating water is an effective technique to ensure that the food is not spoiled. The global market for processed dry food cab be classified into dry mixes and ethnic, pizza products, rice mixes, dry dinner pasta, Mexican food, and dehydrated potatoes. Out of these, dehydrated potatoes accounted for the leading share in the global prepared dry foods market in the last few years and is expected to maintain the dominance in the coming years as they can be manufactured in different sizes and shapes and used extensively for the preparation of a variety of recipes.

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The primary driver of the global prepared dry foods market is the long shelf life of the prepared dry food products. The market has also benefitted in the last couple of years as prepared dry foods are easy to use and consumers in several developing countries have become more judicious about food in spite of lacking time to cook elaborated traditional meals. The burgeoning industry of quick service restaurants is also likely to benefit the processed dry food market owing to the long shelf life and ease in use feature of these food products which is enabling fast service in restaurants. In comparison to chilled or frozen food which are required to be stored in specific container and for a short time span, dried foods can be easily stored in any type of airtight containers without any extra preparation.

On the other hand, there is a factor that is expected to restrain the growth of the market in the near future. The factor is trust issues associated with consumers pertaining to the manufacturing process and techniques used in the industry. Region wise, the market in North America is likely to gain prominence over the coming years owing to high urban demography and fast pace lifestyle. Some of the leading companies in the market are McCain Foods Limited, Joseph’s Pasta Company, European Freeze Dry, Agrofert Holding, ConAgra Foods Inc., and Oregon Freeze Dry Inc.