According to a new Transparency Market Research report, ‘Dried Vegetable Market: Global Industry Analysis and Opportunity Assessment 2018-2026’, the global marker revenue is estimated to be worth around US$ 32bn in 2018 and expected to rise at a CAGR of 5.4% throughout the forecast period of 2018-2026.
The dried vegetable market has been consistently growing in the last few decades due to the rising vegan population and the increasing demand for convenient food products. Customers seek convenience foods, based on their ease of use, packaging, nutritional value, safety, and variety, the study reports. Dried vegetables have a long shelf life, preserving the nutritional contents and maintaining the texture and taste for a prolonged time.
Due to these factors, manufacturers and food service providers are showing a growing interest in the dried vegetables. The current key players in the global dried vegetable market are Naturex S.A., Olam International, Symrise AG, Mercer Foods, LLC., Vkc Nuts Private Limited, Viva Bella Orchards Inc, Kiantama, Sun-Maid Growers of California, amongst others.