NEWARK, Del, Feb. 27, 2023 (GLOBE NEWSWIRE) -- According to the recent analysis by Future Market Insights, Inc., the global food preservation equipment market size is anticipated to cross US$ 78.6 billion in 2033, with overall sales accelerating at a CAGR of 6.2% throughout the forecast period (2023 to 2033).
Growing focus on reducing food wastage to improve food security worldwide is a key factor driving the global food preservation equipment industry forward and the trend is likely to continue during the forecast period.
Food preservation equipment is machines used to protect food products from the impact of microorganisms, temperature, and other environmental factors. Adoption of these equipment allows end-use industries to significantly improve the shelf life of products, reduce wastage, and prevent foodborne illnesses.
Rapid growth of industries such as poultry, beverages, dairy, and bakery coupled with rising adoption of food preservation equipment across these sectors is expected to boost the global market during the forecast period.
Request a Sample Copy of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-16513
Over the years, growing health awareness and changing lifestyles have created high demand for protein-rich diets such as meat and poultry, particularly in countries like the United States, China, India, and the United Kingdom. This is propelling the need for food preservation equipment at industrial and domestic levels.
Similarly, development of innovative food preservation equipment with enhanced features and favorable government support will create lucrative opportunities for manufacturers during the projection period.
The growing incidence of foodborne diseases is another factor that is expected to positively influence food preservation equipment market during the assessment period.
Key Takeaways from the Food Preservation Equipment Market Study:
- During the projection period 2023 to 2033, the food preservation equipment market is anticipated to accelerate at a CAGR of 6.2%.
- Based on product type, the refrigerators segment holds a prominent share of the global food processing equipment industry.
- By end user, poultry industry is expected to grow at a healthy pace during the next ten years.
- North America food preservation equipment market is currently valued at US$ 12.8 billion.
- The United States food preservation equipment market is estimated to be valued at US$ 8.2 billion.
- Food preservation equipment sales in India are poised to increase at a robust pace during the projection period.
“Rising food insecurity worldwide and robust growth of end-use industries such as poultry, seafood, and dairy are the two crucial factors driving demand for food preservation equipment,” says a lead FMI analyst.
Who is Winning?
Leading food preservation equipment manufacturers include Alfa Laval, Wild Goose Canning Systems, Enterprise Tondelli, Vigo Ltd., Dixie Canner Co., Cask Brewing Systems Inc., Palmer-Tech Services, Inc., HOR YANG Machinery and Alpha Brewing Operations, Pneumatic Scale Angelus, Blenzor, Elecster Oyj, and Shanghai Triowin Intelligent Machinery.
Get a More Information on this Report:
https://www.futuremarketinsights.com/reports/food-preservation-equipment-market
Get Valuable Insights into Food Preservation Equipment Market
FMI, in its new offering, provides an unbiased analysis of the Food Preservation Equipment market presenting historical demand data (2018 to 2022) and forecast statistics for the period from (2023 to 2033). The study divulges compelling insights on the demand for Food Preservation Equipment segmented as below:
By Product Type:
- Pasteurizer
- High-Temperature short time pasteurizer
- Higher heat shorter time
- Ultra high temperature
- Ultra Pasteurized
- Refrigerators
- Visi Coolers
- Walk-in Refrigerators
- Freezer
- Confectionery Cabinets
- Fermenting Equipment
- Canning Equipment
- Automatic
- Semi-automatic
- Manual
- Irradiation Equipment
By End User:
- Poultry Industry
- Seafood Industry
- Beverage Industry
- Snacks Industry
- Dairy Products Industry
- Health Foods Industry (Whey protein etc.)
- Bakery Industry
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Oceania
- Middle East and Africa
For Additional Information or Customization on this Report:
https://www.futuremarketinsights.com/customization-available/rep-gb-16513
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand–side Trends
1.3. Supply–side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage/Taxonomy
2.2. Market Definition/Scope/Limitations
3. Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
3.5. Value Chain Analysis
To Buy this Report Visit: https://www.futuremarketinsights.com/checkout/16513
Explore FMI’s Extensive Coverage on Process Automation Domain
Tree Milling Machine Market Growth: The global tree milling machine market is poised to reach a valuation of US$ 1,178.2 million in 2023. From 2023 to 2033, a slow 3.3% CAGR is expected for the market, which should result in a valuation of US$ 1,630.1 million in 2033. In 2022, the value of the market had reached US$ 1,140.6 million, and in 2023, a 4.8% Y-o-Y growth is expected.
Milling Machine Market Demand: The global milling machine market is expected to register a valuation of US$ 68,303.3 million by 2023. From 2023 to 2033, the market is slated to expand at a slow but steady CAGR of 4.9%. The market value is projected to increase to US$ 110,203.8 million by 2033.
Beer Fermenter Market Revenue: The global beer fermenter market is anticipated to reach a valuation of US$ 1,152.2 million in 2023. From 2023 to 2033, the market is poised to register growth at a 3.4% CAGR. In 2033, the market’s value is set to reach US$ 1,609.7 million.
Vertical Mill Market Analysis: The overall sales of vertical mill are projected to reach a valuation of US$ 1,367.2 by the end of 2023, as per the study. This indicates a marginal jump from the market’s US$ 1,298.4 Million in 2022. A moderate growth at 5.3% CAGR is anticipated for the market during the forecast (2023 to 2033) period.
Commercial Cheese Shredder Market Forecast: The global commercial cheese shredder market size is expected to increase from US$ 11,631.0 million in 2023 to US$ 23,094.7 million by 2033. Total sales of commercial cheese shredders are forecast to accelerate at 7.1% CAGR throughout the forecast period.
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
Tel: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: www.futuremarketinsights.com
LinkedIn | Twitter | Blogs | YouTube