Rising production of ready-to-cook food and increasing demand for packaged food are expected to drive the Global High Pressure Processing Equipment Market during the forecast period of 2024-2028.
According to TechSci Research report, “High Pressure Processing Equipment Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018–2028,” the Global High Pressure Processing Equipment Market is anticipated to register a robust growth during the forecast period, 2024-2028due to the factors such as rise in the number of government initiatives to develop food technologies. Furthermore, changing lifestyle and upsurge in the demand for packaged food are some macroeconomic factors that positively impact the global high pressure processing equipment market. Other factors, including rising production of ready-to-cook meat and hectic schedule of people will cushion the market’s growth rate. Moreover, high-pressure processing equipment possess less energy and time than other food technologies will further propel the growth rate of the high-pressure processing equipment market.
Moreover, the rise in government assistance towards developing food technologies will boost the opportunities for the global high pressure processing equipment market growth. Additionally, the strong demand from various end-use industries and rising use of HPP toll processing will act as major drivers that will further create new opportunities for market’s growth in the forecast period.
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Furthermore, high capital needs and stringent food safety laws will slow the market’s expansion. Additionally, COVID-19’s detrimental effects on the supply and manufacturing of high pressure processing equipment would hinder the market’s overall expansion. The market for high pressure processing equipment will face additional challenges throughout the projected period including high cost of high-pressure processing equipment and fluctuation in raw material prices limit the growth of the high-pressure processing equipment market.
Moreover, the development of high-pressure processing equipment is, however, constrained by the high cost of such equipment and the volatility of raw material costs.
Global High Pressure Processing Equipment Market is segmented into orientation type, vessel volume, end user, application, by region and competitive landscape.
On the basis of orientation type, Horizontal HPP Equipment is the dominating segment in the Global High Pressure Processing Equipment Market because it offers several advantages including disassembling, reassembling, easy installation, and more throughput capacity. Moreover, it can handle higher volumes as compared to vertical HPP equipment, which has led to increased demand for horizontal HPP equipment.
On the basis of region, North America is dominating the Global High Pressure Processing Equipment Market due to factors such as increasing preference for HPP food and beverage products, growing inclination for clean label products among consumers, and increasing end-user demand for advanced HPP equipment.
Major market players operating in the Global High Pressure Processing Equipment Market are:
- Avure Technologies Inc.
- Hiperbaric Ispana
- Bao Tou KeFA High Pressure Technology Co.,Ltd
- CHIC Fresher Tech
- Kobe Steel Ltd
- MULTIVAC Sepp Haggenmuller SE & Co. KG
- Tansted Fluid Power Ltd.
- Universal Pasteurization Co
- Next HPP
- ThyssenKrupp AG
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“The demand for organic food and clean label food products has dramatically increased as a result of rising health concerns among consumers. Demand for the Global High Pressure Processing Equipment Market is expected to increase during the projected period due to increased awareness of the health benefits of consuming clean label products. Governments from nations, including China and India, are also encouraging the usage of HPP systems and development of cutting-edge food technologies. Therefore, proactive measures are conducted to increase the use of HPP equipment. Key market players can also take advantage by offering innovative solutions and gaining a competitive edge in the industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“High Pressure Processing Equipment Market – Global Industry Size, Share, Trends, Opportunities, and Forecast, 2018-2028 Segmented By Orientation Type (Horizontal HPP Equipment, Vertical HPP Equipment), By Vessel Volume (Less Than 100L, 100-500L, More than 500L), By End User (Food & Beverages Industry, Pharma & Cosmetics Industry), By Application (Fruits and Vegetables, Meat, Juices and Beverages, Seafood, Others), By Region, ” has evaluated the future growth potential of Global High Pressure Processing Equipment Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global High Pressure Processing Equipment Market.