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Global Food Dehydrator Market was Valued at US$ XX Bn in 2019 and it is Expected to Reach More than US$ 3.7 Bn by 2028, Likely to Grow with the CAGR of 7.2% During the Forecast Period.
The global Food Dehydrator technology has shown tremendous growth since last few years and is expected to grow rapidly over the forecast period. Some of the factors fuelling the growth of the global market include increasing purchasing power, rising demand for improving the shelf life of food products, rising awareness regarding food wastage, and rising food industry.
Rising Awareness Regarding Food Wastage is fuelling the demand for food dehydrator across the Globe
More than 70% of food goes waste as it remains unconsumed, which can be minimized with the use of food dehydrators. The supporting government initiatives taken by private and public entities aimed at minimizing the amount of food wastage is expected to favour the growth of global food dehydrator market. Also, food dehydrators have major application in exporting sectors as it improves the shelf life and decrease the food weight substantially. This is expected to create new growth opportunities for market growth.
The Horizontal Segment Held Prominent Share in Global Food Dehydrator Market in 2019
Based on technology, the horizontal food dehydrators accounted for the maximum share in 2018. The dominance of the segment can be accredited to the advanced features associated with these products. The horizontal dehydrators are suitable for a wide range of food products including chicken, meat, and other foods which require a significant amount of heat as it provides even heat distribution which helps in surging demand for the product.
The vertical segment is expected to show remarkable growth during the forecast period. The growth of the segment is propelled by its compact size and applications in spices and herbs.
Electricity Segment Occupied Significant Share in 2019
On the basis of energy sources, the global market is led by the electricity segment. This growth of the segment is driven by lower electricity costs and regular availability even in remote areas. On the other hand, the biofuel segment is expected to witness lucrative growth in the coming years. This is mainly due to the rising awareness regarding environment safety among consumers. The biofuel energy sources don’t emit any harmful gases and are environment friendly in nature.
Solar energy is the second-largest shareholder in the global food dehydrator market. The continuous government initiatives to promote the usage of renewable energy sources support the growth of the segment.
Industrial Segment Is Anticipated To Witness Rapid Growth during the Forecast Period
In terms of end-user the industrial segment is projected to show lucrative growth over the forecast period. This is mainly due to rapidly growing food and beverage sectors and the rising adoption of food dehydrators in the foodservice industry. Also, food dehydrators are gaining popularity among vegetable and food exporters due to the reduced weight and size of dehydrated food products.
Moreover, the residential segment is expected to show noteworthy growth in the future. This is mainly due to the rising income per capita and high purchasing power in developing economies.
Europe Is Anticipated To Dominate The Global Food Dehydrator Market During The Forecast Period
By geography, Europe is leading the global market by occupying a significant share in 2019. The rising foodservice and agriculture industry support regional growth. Moreover, the increasing demand for the longer shelf life of food products is expected to propel the growth of the food dehydrator market in Europe.
Furthermore, Asia Pacific is expected to show rapid growth in the coming years. The growth of the region is propelled by significant export-import activities in the region. Moreover, significant agricultural production capacity supports regional growth.
The Middle East & Africa has registered steady growth since last few years. Presence of agricultural centric continents including Ethiopia, Tanzania, and Egypt is expected to poise a positive impact on the growth of the food dehydrator market in Middle East & Africa.
Key players operating in global food dehydrator market are Hamilton Beach Brands, Inc., Tribest Corporation, Lem Products Holding LLC, Koolatron Corporatio, National Presto Industries, and Excalibur Dehydrator.
Global Food Dehydrator Market by Technology
- Horizontal Airflow
- Vertical Airflow
Global Food Dehydrator Market by Energy Source
Global Food Dehydrator Market by End-User
Global Food Dehydrator Market by Region
- North America
- Asia Pacific
- Middle East & Africa
- Latin America