
The High-Pressure Processing Equipment 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 High-Pressure Processing Equipment Global Market Report 2024, The high-pressure processing equipment market size is expected to see strong growth in the next few years. It will grow to $0.66 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to the increasing use of high-pressure processing for sterilization and preservation, growing awareness of nutrition and wellness, continued investments in research and development for new applications, and emerging applications in non-food sectors. Major trends in the forecast period include innovations in equipment design and automation, advancements in packaging technology, development of portable and mobile equipment, adoption of IoT-enabled and automated systems, and focus on convenience and time-saving solutions.
The increasing demand for processed food is expected to propel the growth of the high-pressure processing equipment market going forward. Processed food refers to any food item that has undergone alterations from its natural state through cooking, preservation, or other methods to improve flavor, shelf life, or convenience. The increasing demand for processed food is due to several factors, such as increased urbanization, changing lifestyles, convenience, longer shelf life, and the availability of a wide variety of flavors and options in the market. High-pressure processing equipment ensures food safety, extends shelf life, and maintains nutritional quality, meeting consumer expectations for convenience and quality in processed foods. For instance, in October 2023, according to Agriculture and Agri-Food Canada (AAFC), a Canada-based government department for agriculture and food-related products, in 2022, exports of processed food and beverage products reached an all-time high of $54.3 billion, marking a 14.1% increase compared to 2021. These exports represented 34.7% of the total production value. Therefore, the increasing demand for processed food is driving the growth of the high-pressure processing equipment market.
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The high-pressure processing equipment market covered in this report is segmented –
1) By Orientation Type: Horizontal, Vertical2) By Vessel Volume: Less Than 100 Liter, 100-500 Liter, More Than 500 Liter3) By Application: Tolling, Juices And Beverages, Fruits And vegetables, Seafood, Meat Products, Dairy, Plant Protein, Other Applications4) By End User: Food And Beverages Industry, Pharma And Cosmetics Industry
Major companies operating in the high-pressure processing equipment market are focusing on developing advanced products, such as the newest generation of high-pressure processing (HPP) systems, to gain a competitive edge in the market. New-generation high-pressure processing (HPP) systems utilize advanced technology to apply intense pressure to food products, preserving freshness and extending shelf life while maintaining nutritional quality. They are integral to the food industry for producing minimally processed, safe, and high-quality products such as juices, deli meats, and dips. For instance, in September 2022, Quintus Technologies AB, a Sweden-based provider of high-pressure technology, introduced a new high-pressure processing (HPP) system, the QIF 400L, which boasts the industry's largest diameter vessel. The QIF 400L enhances load efficiency by up to 25% in a more compact design compared to previous models. Quintus' HPP technology is acknowledged by global regulatory authorities as an effective antimicrobial method capable of inactivating numerous food pathogens. Their HPP systems are engineered for exceptional durability, performance, and minimal maintenance, optimizing uptime and productivity while reducing total ownership costs.
The high-pressure processing equipment market report table of contents includes:
1. Executive Summary2. Market Characteristics3. Market Trends And Strategies4. Impact Of COVID-195. Market Size And Growth6. Segmentation7. Regional And Country Analysis...27. Competitive Landscape And Company Profiles28. Key Mergers And Acquisitions29. Future Outlook and Potential Analysis
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