The specified application identifier is invalid or does not exist

The specified application identifier is invalid or does not exist

Error:

The specified application identifier cbd25585-947e-4b9d-8686-ed695101ed9a is invalid or does not exist.

Fix:

Resolution2 (Recommended): To get away with the above error message. Create a ClientID and ClientSecret using "_layouts/15/appregnew.aspx" page. Basically, you need to register your app on the target SharePoint farm where you intend to deploy your app. And then use those generated ClientID and ClientSecret while packaging your app in your dev environment.

Example: http://<site>/_layouts/15/appregnew.aspx

Reference

http://srichallagolla.blogspot.in/2013/02/sharepoint-2013-apps-specified.html