The global food dehydrators market size was worth around USD 2.1 Billion in 2022 and is predicted to grow to around USD 3.51 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 6.12% between 2023 and 2030.
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➤ The market is expected to experience development due to the increasing demand for processed food items.
The expanding demand for processed food products, which is one of the largest consumers of commercial-grade food dehydrators, is expected to drive the global food dehydrators market. An increase in the demand for processed food products is being driven by a variety of factors, including the rapid urbanization, rising disposable income, increasing access to food products, the growing entry of new market players offering a variety of products supported by constant vertical product innovation, the entry into lesser explored and newer markets, and strategic collaborations, among other factors.
➤ Strict trade restrictions to impede market expansion
Food dehydrators are devices that are subject to stringent regulations in the food industry on a global scale. This serves as a growth barrier, as the food dehydrators industry’s participants may not be adept at navigating the diverse rules and regulations that differ by country. Additionally, numerous low-income or middle-income groups employ conventional food dehydration techniques, which are equally effective in terms of output. It is challenging for businesses to establish a sense of trustworthiness among new target consumers, as they heavily rely on traditional methods, which serves as a restraining factor.
➤ The expansion of the urban population to generate growth prospects
The world is methodically transitioning to urbanization, with a significant portion of the population adopting urban lifestyles on an annual basis. People have been able to alter their lifestyle patterns as a result of factors such as an increase in the number of domestic players, foreign direct investment (FDA), and government initiatives. By providing new consumers with cost-effective and operationally efficient products, this trend presents an exceptional opportunity for businesses in this sector.
➤ Inadequate food storage capacity poses a significant obstacle.
The restricted food capacity of food dehydrators is one of the primary obstacles encountered by the global food dehydrators market. The overall efficiency of the product is influenced by the comparatively lower load-carrying capacity of the available products in the commercial or domestic segment. Exponential growth is being observed in the demand for dehydrated sustenance. Nevertheless, there is a substantial disparity between the availability of dehydrators and the corresponding services. In order to remain in alignment with the increasing demand, businesses must allocate resources to the development of dehydrators with a greater food capacity.
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The Global Food Dehydrators Market is segmented based on product, application and region
Global Food Dehydrators Market: Product Segment Analysis
● Solar
● Biofuel
● Electricity
Global Food Dehydrators Market: Application Segment Analysis
● Commercial
● Domestic
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The global Food Dehydrators market profiles key players such as:
● Lem End-uses Holding LLC
● Tribest Corporation
● Hamilton Beach Brands Inc.
● Koolatron Corporation
● National Enameling and Stamping Company (NESCO)
● Excalibur Dehydrator
● Vitality4Life Pty Limited
● National Presto Industries Inc.
● STX International
● The Sausage Maker Inc.
● Avantco Equipment
● Guangdong IKE Industrial co. Ltd.
???? Recent Developments:
• The Food Drying Co. announced the establishment of its new drying center network in New Zealand in December 2022. Based on the lease, the new facility will provide services to animal and human food processors with premium-grade capabilities. In order to accomplish its objective, the organization intends to secure additional funding.
• The eXso™ centrifugal dryer was introduced by MAAG Group, a subsidiary of Dover, in October 2021. The new product is equipped with new features that not only enhance performance but also add value to processes that involve pellet drying produced by damp cut strand pelletizers or underwater.
➤ The market is expected to expand in North America.
North America is expected to experience the most significant development in the global food dehydrators market, with a compound annual growth rate (CAGR) of 5.9% during the forecast period. The regional development may be influenced by the extensive food and beverage sector of the United States and Canada, which has been bolstered by the country’s investment in the world’s most advanced systems and technologies. Additionally, the demand for food dehydrators is bolstered by the presence of some of the most prominent brands in the commercial food industry.
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