The Food Industry Vacuum Cooling Equipment Market is being driven by Increasing emphasis on maintaining quality of food
The Food Industry Vacuum Cooling Equipment Market is expected to grow at a CAGR of 3.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 7405.9 thousand. In the Food Industry Vacuum Cooling Equipment Market, screw vacuum pumps have emerged as a preferred choice over traditional oil-lubricated rotary vane vacuum pumps. These advanced pumps utilize two screw rotors rotating in opposite directions to generate high vacuum levels, eliminating the need for oil or other operating fluids in the chamber. This feature ensures that water vapor, which is extracted from the product, remains separate from the operating fluids. Screw pumps offer increased pumping speed at lower operating pressures, necessitating less maintenance compared to oil-lubricated rotary vane vacuum pumps. Furthermore, screw pumps are capable of handling gases with high moisture content or other vapors, and they exhibit exceptional tolerance towards dust and contaminants.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
199 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.9% |
Market growth 2025-2029 |
USD 7405.9 thousand |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
3.7 |
Key countries |
US, China, Germany, India, France, Indonesia, UK, Brazil, Japan, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Food Industry Vacuum Cooling Equipment Market is witnessing significant growth due to the increasing demand for vacuum cooling technology in extending the shelf life of packaged food items, including baked products, fruits, and meat. Amidst the ongoing Corona virus pandemic, wellness concerns have escalated, leading to a rise in demand for vacuum cooling equipment in the production of gluten-free, vegan products, and ready-to-eat meals. Companies like Colman Logistics, SPX Cooling Technologies, and Laird Thermal Systems are leading the market. The technology's ability to reduce moisture content and prevent bacterial growth makes it ideal for pallet pre-cooling and cooling bakery food products. However, challenges such as digital literacy, global power crisis, and the need for industrial lasers and medical diagnostic systems for maintaining hygiene standards persist. Cooling types like chamber and spiral cooling are commonly used in the food industry. Fruits, meat, baked goods, and ready-to-eat meals are the major applications of vacuum cooling equipment.
The Food Industry Vacuum Cooling Equipment Market is a significant segment of the larger Industrial Machinery and Supplies and Components Market. This market caters to manufacturers producing equipment for vacuum cooling technology in packaged food, baked products, and other sectors. Vacuum cooling, which reduces moisture and enhances shelf life, is crucial for businesses seeking to maintain product quality and extend product lifespan. The market's growth is driven by the expanding food processing industry, particularly in developing countries. A key component of vacuum cooling equipment is the screw vacuum pump. Despite the challenges posed by the Coronavirus pandemic, investment plans in advanced cooling technology remain robust due to the need for efficient production and workforce safety. The global Industrial Machinery and Supplies and Components Market is projected to grow substantially due to increasing industrial output, particularly in process and discrete industries, and rising demand for energy, chemicals, petrochemicals, pulp and paper products, and processed food and beverages.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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