NEW YORK, Oct. 26, 2023 /PRNewswire/ — The food industry vacuum cooling equipment market size is expected to grow by USD 6.77 million between 2022 and 2027. However, the growth momentum of the market will progress at a CAGR of 3.85% during the forecast period. The market is segmented by Type (Air cooled vacuum cooler and Water cooled vacuum cooler), Application (Baked products, Meat products, Fruits and vegetables, and Readymade food), and Geography (Europe, APAC, North America, South America, and Middle East and Africa). The increasing emphasis on maintaining the quality of food drives the food industry vacuum cooling equipment market. The freshness of a variety of foods is maintained by vacuum cooling and these food products are crunchier than conventionally cooked and refrigerated products.
For instance, vacuum-cooled meat products help tenderize meat and enhance the color, texture, and sweetness of the meat product. The report analyses the market size and growth and provides accurate predictions on the growth of the market. View a PDF Sample
Key Highlights:
- The report recognizes the following as some of the key players in the food industry vacuum cooling equipment market: Agrimaint Inc., Atlas Copco AB, Celtic Cooling, DC Norris and Co. Ltd., Dongguan COLDMAX Ltd., Dongguan Huaxian Technology Co. Ltd., Focusun Refrigeration Corp., Hochland SE, KoolJet, NIKKU INDUSTRY CO. LTD., Revent International AB, SHENZHEN ALLCOLD Co. Ltd., Shenzhen ICEUPS Refrigeration Equipment Co. Ltd., Southern Vacuum Cooling Inc., TRJ REFRIGERATION INC., ULVAC Inc., Verhoeven Family of Co., Weber Cooling International BV, WEC Group, and YASUJIMA Co. Ltd.
- Food Industry Vacuum Cooling Equipment Market is fragmented in nature.
- Market to observe 3.32% YOY growth in 2023.
Market Dynamics:
Trend
- The growing adoption of immersion vacuum cooling is an emerging food industry vacuum cooling equipment market trend.
- A fast cooling rate and improved industrial productivity of the product without compromising its quality are achieved through immersion vacuum cooling.
- The tenderness and chewiness of meat are enhanced by vacuum cooling soaking meat products.
Challenge
- Chances of excess loss of moisture from food products during vacuum cooling are challenging the growth of the food industry vacuum cooling equipment market.
- During the vacuum cooling process, there can be excessive loss of weight and water from food products because of the decrease in temperature and pressure rates.
- The loss of moisture can affect the quality of food. This may decrease the demand for vacuum cooling equipment.
The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing a report
Key Segments:
Based on application, the baked products segment will contribute the highest market share growth during the forecast period. There is a high demand for high-quality bakery products in consistent volumes among consumers. This demand can be met by using vacuum cooling of baked products. Get a glance at the market contribution of the segments, Request a Sample
Related Reports:
The Food Packaging Market size is estimated to grow by USD 79.41 billion between 2022 and 2027 accelerating at a CAGR of 4.32%.
The industrial food slicers market size is expected to increase to USD 119.04 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 8.65%.
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Food Industry Vacuum Cooling Equipment Market Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.85% |
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Market growth 2023-2027 |
USD 6.77 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
3.32 |
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Regional analysis |
Europe, APAC, North America, South America, and Middle East and Africa |
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Performing market contribution |
Europe at 38% |
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Key countries |
US, China, India, Indonesia, and Germany |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Type
Market Segmentation by Application
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
