The freeze-dried fruits and vegetables market is likely to surpass $60 billion by 2025, according to a new research report by Global Market Insights, Shelbyville, Del.

Litehouse, Inc., Sandpoint, Idaho, brightened up its line of freeze-dried herbs with new branding and packaging.

Concord Foods, Brockton, Mass., released new freeze-dried vegetable snacks, sold under the Concord Fresh Success brand.

Graham Partners, Inc., Newtown Square, Pa., acquired Mercer Foods, LLC from Harris Williams & Co., a preeminent middle market investment bank based in Boston.

The global freeze-dried product market is expected to grow at a CAGR of 7.23% and during the forecast period of 2016-2021, and reach $66.53 billion by 2021, according to a report from Mordor Intelligence, India.

Compadre, a transport packaging design center based in Austin, Texas, obtained an exclusive license to pursue commercial uses for AeroClay.

Chaucer Food Group, a United Kingdom-based producer of premium food ingredients, and Simple Pitch Ventures, Newport Beach, Calif., entered into an agreement to invest in Crunchies Food Co., a freeze-dried fruit and vegetable brand based in Westlake Village, Calif.