Dublin, Sept. 08, 2023 (GLOBE NEWSWIRE) -- The "Non-Thermal Pasteurization Market by Technique (HPP, PEF, MVH, Ultrasonic, Irradiation, and Other Techniques), Form (Solid, Liquid), Application (Food, Beverage, and Pharmaceutical & Cosmetics) & Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The non-thermal pasteurization market is projected to reach USD 5.7 billion by 2028 from USD 2.3 billion by 2023, at a CAGR of 20.0% during the forecast period in terms of value.
Non-thermal pasteurization products are gaining attention, and consumers are more inclined toward adding more processed and nutritive food. The factors responsible for the growth of the Non-thermal pasteurization industry are the increase in health concerns, evolving protein source preferences, and a thriving food-processing sector that is introducing a wide variety of processed food & beverage products.
By application, Fruits and vegetables are projected in high demand during the forecast period.
The demand for safe and minimally processed fruits and vegetables has been increasing due to consumer preferences for healthier and more natural food options. This has led to a rise in demand for non-thermal pasteurization methods that can preserve the quality and nutrients of fruits and vegetables without using high heat treatments that can cause nutrient loss and affect flavor. According to the United States Department of Agriculture (USDA), the demand for minimally processed fruits and vegetables has been increasing steadily over the past decade. To meet this demand, many companies in the food industry are investing in non-thermal pasteurization methods
By form, liquid Non-thermal pasteurization has increased demand due to an increase in shelf life.
The HPP method maintains all the minerals, vitamins, antioxidants, and taste in fruit and vegetable juices. While having a longer shelf life and a guarantee of food safety, it is comparable to drinking freshly squeezed juice. The HPP has seen increased expansion as a result of the diversity of drinks introduced in recent years that benefit greatly from high-pressure processing. HPP retains its flavor, color, and composition, which is exactly what today's customer needs.
By region, Asia Pacific to drive market growth due to increased demand for packaged food.
The Asia Pacific region has an increasing demand for packaged food products due to rapid economic growth. The increasing population in the Asia-Pacific (APAC) region is driving the demand for food and beverages The region is expected to experience a sharp rise in the demand for advanced food processing machinery that helps to reduce processing time and enhance the efficiency of manufacturing operations. The expected growth in the number of food processing units in this region is further projected to boost the supply and consumption of food & beverage processing equipment. The food processing sectors in this region are also witnessing automation, which is further providing opportunities for equipment manufacturers.
Competitive Assessment
In-depth assessment of market shares, growth strategies and service offerings of leading players JBT Corporation (US), Hiperbaric (Spain), Thyssenkrupp AG (Germany), Kobelco Construction Machinery Ltd. (Japan), Lyras (Denmark), Syntegon (Germany), Multivac (Germany), Stansted Fluid Power Ltd. (UK), Pulsemaster (Netherlands), Elea (Germany), Symbios Technologies (US), Clextral (France), Dukane (US), FresherTech (China) and Nordion (Canada) are among others in the non-thermal pasteurization market strategies. The report also helps stakeholders understand the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
Premium Insights
- Opportunities in Non-Thermal Pasteurization Market
- Non-Thermal Pasteurization Market, by Food Sub-Application
- Non-Thermal Pasteurization Market, by Beverage Sub-Application
- North America: Non-Thermal Pasteurization Market, by Key Country and Form
- Non-Thermal Pasteurization Market, by Technique
- Non-Thermal Pasteurization Market: Major Regional Submarkets
Market Dynamics
Drivers
- Increase in Consumption of Convenience Foods
- Increase in Demand for Meat, Poultry, and Dairy Products
- Process Optimization by Non-Thermal Technologies Resulting in Greater Efficiency During Pasteurization
- Rising Demand for Innovative Food & Beverage Products Due to Changing Consumer Trends
Restraints
- High Capital Investment
- Growing Demand for Organic and Fresh Food Products
- Implementation of Extra Regulatory Measures for Labeling Irradiated Food
Opportunities
- Government Investment in Food Processing Machinery & Equipment
- Growing Usage of High-Pressure Processing (HPP) Toll Processors
Challenges
- Lack of Consumer Awareness
- Need for Technical Expertise
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 251 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $2.3 Billion |
| Forecasted Market Value (USD) by 2028 | $5.7 Billion |
| Compound Annual Growth Rate | 20.0% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/wnjuy7
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