The Global High Pressure Processing Equipment Market was valued at USD 237.97 million in 2016 and is projected to reach USD 618.17 million by 2025, growing at a CAGR of 11.19% from 2017 to 2025.
High Pressure processing technology is used majorly in the food industry for sterilization purposes. In the process, food items are exposed to isostatic pressure exerted by water. This pressure removes all the bacteria and viruses from the food products, making the quality of the food better.
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A few reasons that may restrict this growth are high capital investments and stringent food security forms. The government is developing efficient food processing technologies that will create many more opportunities for market development.
Market Dynamics:
1. Market Drivers
1.1 High production of ready -made food products.
1.2 Increase in consumption of packed food items.
2. Market Restraints
2.1 High capital requirements.
2.2 Strict food safety regulations.
Market Segmentation:
The Global High Pressure Processing Equipment Marketis segmented on the basis of Application, Orientation Type, Vessel Volume, End-User Category, Region).
1. By Application :
1.1 Fruits & Vegetables
1.2 Juices & Beverages
1.3 Meat
1.4 Seafood
1.5 Others
2. By Orientation type:
2.1 Vertical HPP Equipment
2.2 Horizontal HPP Equipment
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3. By Vessel volume:
3.1 Less Than 100l
3.2 100l to 250l
3.3 250l to 500l
3.4 More Than 500l
4. By End user category:
4.1 Small & Medium Enterprises
4.2 Large Production Plants
4.3 Others.
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Rest of World.
Competitive Landscape:
The major players in the market are as follows:
1. Next HPP
2. Thyssenkrupp AG
3. Multivac Sepp Haggenmüller Se & Co. Kg
4. HiperbaricEspana
5. BAO TOU Kefa High Pressure Technology Co., Ltd
6. Universal Pasteurization Co
7. Stansted Fluid Power Ltd.
8. Kobe Steel Ltd.
9. Chic Freshertech
10. Avure Technologies Inc.
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Global High Pressure Processing Equipment Market
By Application (Fruits & Vegetables, Meat, Seafood), By Orientation Type (Vertical HPP Equipment,Horizontal HPP Equipment), By Vessel Volume (Less Than 100l, 100l to 250l, 250l to 500l, More Than 500l), By End user category (Small & Medium Enterprises, Large Production Plants, Others.), By Region (North America, Europe, Asia Pacific, Rest of World).