Asia-pacific has emerged as the largest consumer of air-dried food. The surging consumption of processed and packaged foods in the developed regions of China, India, Japan, South Korea, and Australia accelerate market growth. The fast-paced life of the consumers and the growing demand for ready-to-eat meals are projected to promote regional growth. Easy availability of the ready-to-eat meals in the extensive distribution channels, such as hypermarkets, supermarkets, and specialty stores, foster market growth. Apart from this, increasing demand for convenience food and the growing number of food processing industries provide an impetus to the market growth.
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Impact of COVID-19
The processed food segment is witnessing an upward shift in the demand curve due to the rising demand for ready-to-cook food and snacks. Additionally, the social distancing guidelines and lockdown measures taken by the government have caused disruption in the supply chain, causing massive production losses. This crisis has compelled the manufacturers to reshape their business models across distribution channels to deliver their products swiftly.
Air-Dried Food Market: Segmentation
By Distribution Channel
Central and South America and the Caribbean
The Middle East
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now