High Pressure Processing Equipment Market Size in 2019 is estimated to be $502.2 million and is growing at a CAGR of 11.23% during the forecast period 2020-2025. High pressure processing equipment is also known as “high-pressure pasteurization”. High pressure processing equipment is mostly used for sterilization purposes in the food industry. This high pressure breaks down food by removing bacteria, viruses, and other organisms. High pressure processing equipment provides maximum safety of food and increases shelf life. Increasing consumption of packaged foods and rising technological advancement are the major factors driving the growth of the market. The growing popularity of processed meat and growing awareness about benefits associated with the consumption of hygienic and clean food further increases the demand for high pressure processing equipment market. In the medical sector, hyperbaric oxygen therapy involved a hyperbaric chamber that provides high pressure medical oxygen to patients having decompressions sickness, carbon monoxide poisoning, and others such symptoms.
The report: “High Pressure Processing Equipment Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the High Pressure Processing Equipment Market:
By Orientation Type: Horizontal HPP Equipment, Vertical HPP Equipment
By Vessel Volume: Less than 100L, 100L to 250L, 251 to 500L, More than 500L
By Application: Fruits & Vegetables, Meat, Juices & Beverages, Seafood & Fish, Dips & Sauces, Dairy, Others
By Equipment Types: Batch Processing, Semi-Continuous Processing
By Production Size: Low Scale to Medium Production, High Scale Production
By End-Use Industry: Food & Beverage Industry, Pharmaceutical Industry, Others
By Geography: North America, Europe, Asia-Pacific, Rest of the World
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By Application – Segment Analysis
Based on the application, High Pressure Processing Equipment Market is segmented into fruits and vegetables, meat, juices & beverages, seafood & fish, dips & sauces, dairy, and others. Juices & Beverages segment is forecast to be the fastest-growing segment with a CAGR of 6.42% during the forecast period 2020-2025. This is mainly owing to easy availability, any time consumption, and convenience. Consumers are shifting from fruit-based drinks to fruit juices as they considered the juices & beverages a healthier breakfast/snack option.
By Orientation Type – Segment Analysis
Based on the orientation type, high pressure processing equipment market is segmented into horizontal HPP equipment and vertical HPP equipment. In 2019, Horizontal HPP Equipment held the largest share in the high pressure processing equipment market. This is mainly owing to less weight of the equipment and requires less time and maintenance for food processing. Moreover, reassembling, disassembling, easy installation and more capacity of this equipment are contributing to the growth of this segment.
Geography – Segment Analysis
In 2019, North America dominated the high pressure processing equipment market share accounting for 47% of the market. This is mainly owing to growing concern for food safety and increasing demand for processed food which contains active ingredients. According to U.S. Food Processing Association, approximately 35.6% of respondents chose high-pressure processing as a non-thermal food processing technology and more than 200 industrial-scale high-pressure pasteurization (HPP) machines are in service in North America.
However, the Asia-Pacific region is forecast to be the fastest-growing during the forecast period 2020-2025. This is mainly owing to changing food habits and rising awareness about health. Also, increasing awareness about the benefits of using high pressure processing equipment is contributing to the growth in high pressure processing equipment market.
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Drivers – High Pressure Processing Equipment Market
The packaging is an important method for preserving food quality, minimizing food wastage and reducing preservatives used in food. So, increasing the consumption of packaged foods is in turn increasing the demand for high pressure processing equipment market. Also, the growing consciousness about health is driving the growth of the market. Moreover, the growing concern for food safety is also contributing the growth.
Rising technological advancements and innovation in food processing equipment are some factors driving the growth of the market. Adopting the latest innovation in tender meat processing, forward osmosis for food, super dry technology, grinder machine, and juicer machine is contributing to the market growth. Moreover, increasing awareness regarding hygienic products are contributing the growth.
Challenges – High Pressure Processing Equipment Market
The high cost of processing equipment restrains the growth of the market. Moreover, changes in the texture and color of products and increased the cost burden on manufacturers’ further challenge the growth of the market. Thus high expenses associated with processing equipment is a major factor restraining its market growth.
High Pressure Processing Equipment Industry Outlook
Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the High Pressure Processing Equipment Market. High pressure processing equipment top 10 companies are Hiperbaric, Thyssenkrupp (Uhde), Avure Technologies, Kobe Steel, MULTIVAC, Baotou KeFa, FresherTech, Pengneng Machinery, Stansted Fluid Power, and Beskyd Frycovice A.S.
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