Vacuum Cooling Equipment Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2033
According to the Future Market Insights (FMI), the vacuum cooling equipment market is anticipated to surpass US$ 1209.4 Mn in 2033, growing at a CAGR of 3.2% between 2023 and 2033.
Due to growing consumer demand for higher
levels of food safety, sustainability, and quality, the market for vacuum
cooling equipment is anticipated to grow. According to FMI, the meat industry's
growing use of vacuum cooling technology has led to consistent growth over the
previous five years. Over the projection period of 2023 and 2033, the tendency
is probably going to continue.
Additionally, it is projected that as more fully automated technology
and embedded sensor systems are used, the market for vacuum cooling equipment
will expand. Vacuum chilling equipment sales are also anticipated to increase
as a result of the usage of automated processing systems, faster machine
performance, and higher machine efficiency in the food service sector. In order
to promote meat processing and associated businesses, some governments are now
assisting vacuum cooling equipment producers to develop vacuum cooling
equipment on a big scale by offering subsidies and interest-free loans.
To Know More@
https://www.futuremarketinsights.com/reports/vacuum-cooling-equipment-market
Key Takeaways from the Vacuum Cooling Equipment
Market Study:
- Vacuum
cooling equipment market is being driven by an increase in demand for
packaged and processed food products, as well as an increase in demand for
food safety.
- Based on product type, the screw vacuum
pump segment is expected to dominate the market
- The U.K. is predicted to vanguard the
sales in the Europe vacuum cooling equipment market.
- North America and Europe are likely to be
the most dominant regions in the global vacuum cooling equipment market.
- In terms of application, the bakery
products segment is likely to generate maximum revenue in the global
vacuum cooling equipment market.
“Vacuum cooling equipment market is likely to gain traction as demand for fast food
products is surging among millennials. As packaged food products are in high
demand, need for vacuum cooling equipment
to protect and preserve from contamination will create new growth avenues for
the key players” – says a lead analyst from FMI.
Who is winning?
Market leaders of Vacuum Cooling Equipment in the global market are BVT, Bakery Services BV, Dekker Vacuum Technologies Inc, Dongguan COLD
MAX Ltd, Dongguan Huaxian Technology Co Ltd.
North
America now holds the largest market share, and this region is expected to
continue to expand during the projection period. This can mostly be due to the
region's growing population and rising disposable income levels. Furthermore,
the region's Vacuum Cooling Equipment Market is expected to increase in the
next years due to a favourable legal and regulatory environment.
Get Valuable Insights into Vacuum Cooling
Equipment Market
FMI, in its new offering,
provides an unbiased analysis of the Vacuum Cooling Equipment market presenting
historical demand data (2017-2022) and forecast statistics for the period from
(2023-2033). The study divulges compelling insights on the demand for vacuum
cooling equipment market based on product type (vertical vacuum cooling equipment, horizontal vacuum
cooling equipment) by cooling type (air cooled screw vacuum pump, water cooled
screw vacuum pump), applications (bakery products, meat products, fruit and
vegetables, others).
About the Food & Beverage Division at
Future Market Insights
Expert analysis, actionable insights, and
strategic recommendations – the food & beverage team at Future Market
Insights helps clients from all over the globe with their unique business
intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data
points, the team has analyzed the food & beverage industry lucidly in 50+
countries for over a decade. The team provides end-to-end research and
consulting services; reach out to explore how we can help.
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