The report on the Food Dryer Market is segmented By Type (Conduction, Convection, Radiation), By Application (Nuts, Fruits & Vegetables, Fish & Seafood, Meat & Meat Products, Herbs & Spices, Others), By End Use (Residential, Commercial, Industrial), and Region - COVID-19 Impact Analysis and Forecast to 2026.
Market Insights
The Food Dryer Market is likely to witness an impressive Healthy CAGR during the forecast period. A food dryer is a kitchen equipment that enables to the removal of moisture from food to improve its shelf life. It operates by using fans, air vents, heating elements, and food trays within the device. Food dryers improve the shelf life of food by preventing the growth of microbes such as mold, yeast, and bacteria by the removal of moisture. A food dryer uses the source of heat and flow of air to lower the moisture content of the food. It enables to preserve the natural nutrients as it simply eliminates the water from food, thus ensuring sustaining of healthy enzymes and vitamins.
Key players
Some of the major players operating in the global Food Dryer Market are-
- The Buhler Holding AG (Switzerland)
- Hamilton Beach Brands, Inc. (The U.S.)
- Carrier Vibrating Equipment, Inc. (The U.S.)
- Dürr Systems, Inc. (The U.S.)
- Cire Technologies Inc. (The U.S.)
- Buflovak-PK-Hebeler Process Solutions (The U.S.)
- BTU International (BTU International)
- Koolatron Corporation (Canada)
- National Presto Industries, Inc. (The U.S.)
- Tribest Corporation (The U.S.)
Report Features
The report provides critical insights into the market dynamics that enable strategic decision-making that is critical to the growth of the existing players as well as those planning to enter the market. This report offers an improvised approach to consolidate the growth decisions by covering the following features -
- Market structure - as it reflects the value chain of different commodities in the market.
- Drivers and Constraints - as both can affect any element of the marketing mix - product, budget, and place, etc.
- Market Forecast - a part of the decision-making process. This helps users with facts regarding projected sales dimensions, costs, market shares, and other areas of planning.
- Competitive landscape and dynamics: The user can determine the strengths and gaps. The information mentioned here will work towards enhancing the brand's strategy.
- Growth strategies - allowing a small business to survive unexpected changes, grow into a bigger entity, and gain a greater competitive advantage.
Segments' Analysis
End Use Trends
Based on end use, the residential segment is estimated to account for a significant market share by the end of the forecast period due to increasing purchasing power and growing awareness regarding food wastage.
The countries such as Germany, Spain, the US, the Netherlands, and China are the key contributors to the segment growth. The industrial segment is likely to register the fastest CAGR of 7.6% during the review period. This is mainly attributed to the rapid development of the food & beverage sector, primarily in the developing countries of China and India.
Regional Trends
By region, Europe dominated the food dryer market in 2020, accounting for about 35% market share.
This is mainly attributed to the rapidly growing food and agriculture sectors. Also, the rising demand for dried food products with higher shelf lives coupled with high disposable income is a key factor augmenting the regional product demand. The UK, Germany, Spain, and France have strict norms to prevent food wastage, thus driving product consumption.
Critical Questions Answered in the Report
- What are the key trends in the global Food Dryer Market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
- What is the impact of COVID-19 on the global Food Dryer Market?
- What are the key strategies adopted by the major vendors to lead in the global Food Dryer Market?
- What is the market share of the top vendors?
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