The Spiral Freezers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Spiral Freezers Global Market Report 2024, The spiral freezers market size has grown strongly in recent years. It will grow from $4.21 billion in 2023 to $4.5 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to growth in frozen food industry, increased in processed food consumption, expansion of quick-service restaurants, globalization of food supply chains, stringent food safety regulations.
The spiral freezers market size is expected to see strong growth in the next few years. It will grow to $5.72 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to focus on hygienic design, regional expansion of frozen food markets, continuous improvement in refrigerants, growing trend of single-serve frozen products, compliance with food safety regulations. Major trends in the forecast period include compact footprint and flexible configurations, automation and industry 4.0 integration, customization for diverse applications, advanced refrigeration technologies, collaboration with food manufacturers.
The increased scope of the food and beverage industry is expected to drive the growth of the spiral freezer market going forward. The food and beverage industry includes all companies involved in processing, packaging, and distributing raw food materials, as well as transforming them into consumer food products. Spiral freezers are versatile systems used to cool and freeze products in the food and beverage industry. For instance, in April 2023, according to the Advance Monthly Retail Trade Survey report published by U.S. Census Bureau, a US-based government agency, retail, and food services sales in the United States reached $691.7 billion, indicating a 2.9% increase compared to March 2022. Food services and drinking places accounted for $96.527 billion in March 2023, an increase of 13.9% compared to $84.777 billion in March 2022. Therefore, the increased scope of the food and beverage industry drives the spiral freezer market.
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The spiral freezers market covered in this report is segmented –
1) By Product Type: Single Drum Spiral Freezers, Double Drum Spiral Freezers
2) By Capacity: Small Capacity, Medium Capacity, Large Capacity
3) By Application: Meat Processing, Seafood And Fish, Bakery Products, Other Applications
Innovative freezing technologies are a key trend gaining popularity in the spiral freezer market. Major companies operating in the spiral freezer market are focused on developing innovative products equipped with efficient and sustainable technologies to strengthen their position and gain a competitive advantage. For instance, in March 2021, JBT Corporation, a US-based food processing machinery manufacturer, launched a new spiral freezer named JBT Northfield CleanFREEZETM Spiral Freezer. The CleanFREEZE freezer offers a hygienic design, exceptional efficiency, and effortless upkeep, making it suitable for freezing, chilling, and cooling a broad selection of packaged and individual quick-frozen (IQF) food products on a large scale. JBT’s Clean-in-Place technology is incorporated into the CleanFREEZE freezer to simplify and enhance the sanitation process, requiring minimal manual intervention.
The spiral freezers market report table of contents includes:
1. Executive Summary
2. Spiral Freezers Market Characteristics
3. Spiral Freezers Market Trends And Strategies
4.Spiral Freezers Impact Of COVID-19
5. Spiral Freezers Market Size And Growth
6.Spiral Freezers Segmentation
7. Spiral Freezers Regional And Country Analysis
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27.Spiral Freezers Competitive Landscape And Company Profiles
28. Spiral Freezers Key Mergers And Acquisitions
29. Spiral Freezers Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Advanced Equipment Inc.
- FPS Food Process Solutions
- ICS Spiral Freezers Inc.
- Mayekawa Mfg. Co. Ltd.
- John Bean Technologies Corporation
- Airofreeze Inc.
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