Global Food Industry Vacuum Cooling Equipment Market to reach USD XXX billion by 2025.
Global Food Industry Vacuum Cooling Equipment Market valued approximately USD XXX billion in 2017 is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period 2018-2025 Vacuum cooling emerged as a significant evaporative cooling technique which is used to meet the special cooling requirement of moisture and porous foods. Today, vacuum cooling equipment is the most indispensable resource, especially in a quality intensive environment like the food and beverages industry. Also Increasing emphasis on maintaining the quality of food is one of the key driving forces helped in increasing the demand of vacuum cooling machine, thus encouraging the growth of the market. vacuum cooling is used for cooling various food products such as meat products, F&V, baked products, and readymade food. Vacuum cooling equipment achieves rapid evaporative cooling by significantly evaporating a part of the water from the food products. Earlier, vacuum cooling was available only with oil-lubricated rotary vane vacuum pumps. Nevertheless, the technology is now replaced by screw vacuum pumps which can be operated without oil or any other operating fluids. These pumps provide high pumping speed at low operating pressures and require less maintenance. This type of cooling is conducted in controlled conditions, which helps in reducing the impact of microorganisms on food products.
The regional analysis of Global Food Industry Vacuum Cooling Equipment Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America accounted for the largest share of the Food Industry Vacuum Cooling Equipment, by geography in 2018.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Baked products
- Meat products
- Fruits and vegetables
- Readymade food
- North America
- Asia Pacific
- Latin America
- Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Aston Food International, BVT Bakery Services, Dongguan Coldmax, Revent, ULVAC., Weber Cooling and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Food Industry Vacuum Cooling Equipment Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers