Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global High Pressure Processing Equipment Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 11.5% during the review period (2022 to 2027).
High production of ready-made food products and a rise in consumption of packed food items are anticipated to drive the HPPT market over the projected years. Also, high-pressure processing eliminates the need for chemical additives as they have complete efficacy in eliminating most pathogens. This expects a enhancement to the market in the coming years.
Furthermore, less energy and time requirement compared to most other food processing technologies is expected to fuel the market during the estimated period. There are certain restraints and challenges faced which can hinder the market growth. Aspects such as high capital requirements and strict food safety regulations are likely to act as market restraints.
Juices and Beverages segment is forecast to be the fastest-growing segment with a CAGR of 7.3% during the forecast period 2022-2027. This is primarily owing to easy accessibility, any time consumption, and convenience. Consumers are shifting from fruit-based drinks to fruit juices as they considered the juices & beverages a healthier breakfast option.
Industry Developments:
September 23, 2021: Pioneering and leading the advancement of high pressure technologies for nearly three-quarters of a century, Quintus Technologies announced its re-entry into food and beverage high pressure processing (HPP) applications through innovative new HPP equipment and customized service solutions.
The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Avure Technologies Inc, Hiperbaric Espana, Bao Tou KeFa High Pressure Technology Co Ltd, CHIC FresherTech, Kobe Steel Ltd, Multivac Sepp Haggenmuller Se and Co KG, Stansted Fluid Power Ltd, Universal Pasteurization Co, Next HPP, ThyssenKrupp AG and others.
High Pressure Processing Equipment Market is segmented based on the Orientation Type , Vessel Volume,applications, End users, companies and regions.
Global High Pressure Processing Equipment Market, by Orientation Type
Global High Pressure Processing Equipment Market, by Vessel Volume
Global High Pressure Processing Equipment Market, by End User
Global High Pressure Processing Equipment Market, by Application
North America dominated the high pressure processing equipment market share accounting for 46% of the market in previous year. This is mostly owing to growing concern for food safety and growing demand for processed food which contains active ingredients. According to U.S. Food Processing Association, approximately 35% of respondents chose high-pressure processing as a non-thermal food processing technology and more than 200 industrial-scale high-pressure pasteurization (HPP) machines are in service in North America.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 11.5% during the review period (2022 to 2027). |
By Orientation Type & Vessel Volume | Orientation Type
By Vessel Volume
|
By End User& Application | By End User
By Application
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By Companies | Avure Technologies Inc, Hiperbaric Espana, Bao Tou KeFa High Pressure Technology Co Ltd, CHIC FresherTech, Kobe Steel Ltd, Multivac Sepp Haggenmuller Se and Co KG, Stansted Fluid Power Ltd, Universal Pasteurization Co, Next HPP, ThyssenKrupp AG |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 94 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The High Pressure Processing Equipment Market is studied from 2017 - 2027.
What is the growth rate of High Pressure Processing Equipment Market?
The High Pressure Processing Equipment Market is growing at a CAGR of 11.5% over the next 5 years.
Who are the leading key players in High Pressure Processing Equipment Market?
Avure Technologies Inc, Hiperbaric Espana, Bao Tou KeFa High Pressure Technology Co Ltd, CHIC FresherTech, Kobe Steel Ltd, Multivac Sepp Haggenmuller Se and Co KG, Stansted Fluid Power Ltd, Universal Pasteurization Co, Next HPP, ThyssenKrupp AG
What regions regions does this High Pressure Processing Equipment Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant Orientation Type of High Pressure Processing Equipment Market?
Horizontal, Vertical
What are the significant applications of High Pressure Processing Equipment Market?
Fruits and Vegetables, Seafood and Meat, Juice and Beverages, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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