A recent report published by Infinium
Global Research on the dried food for trekking market provides an in-depth analysis
of segments and sub-segments in the global as well as regional dried food for
trekking market. The study also highlights the impact of drivers, restraints,
and macro indicators on the global and regional dried food for trekking market
over the short term as well as the long term. The report is a comprehensive
presentation of trends, forecasts, and dollar values of the global dried food for
trekking market. According to the report, the global dried food for trekking
market is projected to grow at a CAGR of about 8% during the forecast period of
2022-2028.
The global dried food for trekking
market was valued at over USD 6 Billion in 2022 and is expected to reach nearly
USD 10 Billion in 2028, with a CAGR of about 8% during the forecast period. The
global dried food for trekking market is used by trekkers and people who go on
camping. The dehydrated meal is designed to provide energy to the trekkers and
campaigners. The companies that manufacture dried food for trekkers pay special
attention to the energy content of the food. Growing work-life stress and
growing preference for adventure sports among consumers have increased the
demand for dehydrated backpacking food. Dehydrated packaged foods such as
pasta, noodles, and dehydrated meat products, among others have experienced
significant growth due to the rising number of consumers who prefer trekking
and camping in recent years.
The global dried food for trekking
market is expected to be driven by factors such as growing per capita income
and the booming tourism industry over the forecast period. Home-made products
i.e. availability of substitutes are the restraining factor in the growth of
the market over the forecast period. Moreover, an issue pertaining to the
contamination of dehydrated food is another factor that is likely to affect the
growth of this market over the forecast period. Currently, the global dried
food for trekking market features the presence of several large and small
companies; however, there are very few manufacturers that manufacture
specialized trekking food for trekkers. Because of the high growth in this
sector, various major players are expected to focus on high-quality dehydrated
food for campaigners and trekkers. Furthermore, issues pertaining to the
contamination of dehydrated food are another factor that is likely to affect
the growth of this market over the forecast period.
During the COVID-19 pandemic, the demand for non-perishable food products, especially dried food that can last for a long time without degrading in quality, including meat products or their alternatives, vegetable, fruits, and prepared meals, witnessed a huge surge in the consumer demand. It is mainly driven by the stockpiling nature of the consumer during the pandemic, caused by extended lockdowns, and in most cases, even the consumers avoided stepping outside the public areas in order to safeguard themselves. Furthermore, increasing product knowledge across regions, due to the constant presence of dried food products in the local market, is also enabling more consumers to purchase the products during the pandemic.
Based on the region, the worldwide dried food for trekking market is segmented into the Asia Pacific, North America, Europe, the Middle East & Africa, and South America. North America is anticipated to witness a capture highest market share over the upcoming years. The freeze-dried market is attributed to the rising consumption by the youngsters within the region. Europe is the next major global dried food for trekking market with a strong base for dried food like dried fruit, vegetables, and dried dairy products. The key players within the market are expected to face stiff competition from their rivals. Asia Pacific region is predicted to dominate the expansion of the market during the forecast period. Rising consumers' interest in healthy and innovative products will enhance the expansion of the market during the forecast period.
Segment Covered
The report on the global dried food
for trekking market covers segments such as product and distribution channels.
On the basis of product, the sub-markets include spray-dried, freeze-dried,
vacuum-dried, drum-dried, and others. On the basis of distribution channels,
the sub-markets include hypermarkets/supermarkets, convenience stores,
specialty stores, and online.
The report provides profiles of the
companies in the market such as Katadyn Group, Adventure Food B.V. Netherlands,
Kraft Foods, Nestle S.A, Probar LLC, Costco Wholesale Corporation, and OFD
Foods, LLC (Mountain House), Whole Foods Market IP, L.P, and Trader Joe’s.
The report provides deep insights into
the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the dried food for trekking market. Moreover, the study highlights
current market trends and provides forecasts for 2022-2028. We also have
highlighted future trends in the market that will affect the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.