Global Food Preservation Equipment Market Set to Exceed US$ 78.15 Billion by 2033 Driven by Efforts to Combat

The market for preserving food using specific equipment

According to a recent study by Future Market Insights, the worldwide market for food preservation equipment is experiencing a rapid growth trajectory and is expected to surpass a major milestone by achieving a value of more than US$ 78.15 billion by 2033. This impressive growth is driven by strong sales performance, with a consistent annual growth rate (CAGR) of 6.2% projected from 2023 to 2033.

One of the key factors pushing the growth of the worldwide food preservation equipment sector is the growing emphasis on reducing food waste, which supports the overall objective of improving global food security. This significant development has already made a significant difference and is expected to continue influencing the direction of the market in the foreseeable future.

Basically, food preservation machinery includes a range of devices created to protect food items from harmful impacts like bacteria, changes in temperature, and other elements in the surroundings. The extensive use of this equipment brings numerous benefits to different sectors. It helps prolong the lifespan of products, decreases wastage, and prevents illnesses caused by contaminated food.

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- Drivers and Profitable Opportunities: Investigating the Food Preservation Machinery Market

In the present era, increasing awareness about health and changing ways of living have led to a growing need for diets that are high in protein, such as meat and poultry. This demand is particularly strong in countries like the United States, China, India, and the United Kingdom. As a result, the use of food preservation equipment is becoming more prevalent in both industrial and residential environments.

At the same time, manufacturers can expect promising opportunities in the near future as they benefit from the progress made in food preservation technology, which is backed by improved features and favorable government assistance.

The increasing number of cases of foodborne diseases is another element predicted to have a beneficial effect on the market for food preservation equipment in the designated timeframe.

Important Findings from the Analysis of the Food Preservation Equipment Market:

The period from 2023 to 2033 is expected to see a strong increase in the market for food preservation equipment, with a growth rate of 6.2%. Refrigerators are dominant in the global food processing equipment industry. The poultry industry is expected to experience significant growth in the next ten years. In North America, the food preservation equipment market is currently valued at approximately $12.8 billion. The market for food preservation equipment in the United States is estimated to be worth around $8.2 billion. In India, sales of food preservation equipment are expected to grow steadily throughout the forecast period. According to an expert at FMI, increasing global food insecurity and growth in key industries such as poultry, seafood, and dairy are the main factors driving the demand for food preservation equipment.

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Well-known companies in the food preservation equipment industry include Alfa Laval, Wild Goose Canning Systems, Enterprise Tondelli, Vigo Ltd., Dixie Canner Co., Cask Brewing Systems Inc., Palmer-Tech Services, Inc., HOR YANG Machinery, Alpha Brewing Operations, Pneumatic Scale Angelus, Blenzor, Elecster Oyj, and Shanghai Triowin Intelligent Machinery.

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- Gain valuable knowledge about the market for food preservation equipment

FMI, in its latest release, offers an impartial examination of the Food Preservation Equipment industry, revealing past data on consumer demand from 2018 to 2022, as well as predicting future statistics from 2023 to 2033. This study provides intriguing findings on the market demand for Food Preservation Equipment, categorized as follows:

Product Categories: Pasteurization Machines High-Heat Rapid Pasteurizer Intense Heat Brief Process Ultra High-Temperature Machines Super Pasteurizers Cooling Devices Display Coolers Large-Scale Cooling Facilities Freezers Sweet Treat Cabinets Fermentation Tools Canning Tools Automated Semi-automated Manual Radiation Equipment

As per the consumers: Poultry sector Seafood sector Beverage sector Snacks sector Dairy sector Health food sector (Whey protein, etc.) Bakery sector

By Geographical Area: North America, including the United States and Canada, Latin America, which consists of countries in Central and South America, Europe, encompassing nations within the continent of Europe, Asia Pacific, including countries in East Asia, Southeast Asia, and Oceania, the Middle East, which includes countries in Southwest Asia and North Africa, and Africa, encompassing countries within the African continent.

About Future Market Insights (FMI) Future Market Insights, Inc. (a company approved by ESOMAR, recognized with the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers deep insights into the factors driving demand in the market. FMI is the top global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals industries. With a large team of over 5000 analysts around the world, FMI provides expertise on various domains and industry trends across more than 110 countries globally, regionally, and locally.

Get in touch with Nandini Singh Sawlani from Future Market Insights Inc. at our corporate office located at Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, USA. You can also give us a call at +1-845-579-5705 for any sales inquiries. Alternatively, you can reach out to us via email at [email protected]. For more information, visit our website at https://www.futuremarketinsights.com. To stay updated with the latest news and insights, be sure to follow us on LinkedIn, Twitter, check out our blogs, and subscribe to our YouTube channel.

This article was posted on openPR.