Industry: Retail and Consumer | Publish Date: 07-Dec-2024 | No of Pages: 264 | No. of Tables: 147 | No. of Figures: 102 | Format: PDF | Report Code : RC360
The global HPP Equipment and Food Market size is estimated to be USD 0.54 Billion in 2023 and is predicted to reach USD 1.12 Billion by 2030 with a CAGR of 11.0% from 2024-2030.
High Pressure Processing (HPP) equipment is mainly used in the food industry for the sterilization of food products. HPP is equivalent to pasteurization that enhances the processed food quality and increases their shelf life. This equipment generates isostatic pressure via water and terminates the bacteria & germs in food items and prevents degradation. One of the major benefits of HPP equipment is that, it eliminates the bacteria, parasites and viruses that enhance the shelf life of the products. It also helps sustain the nutrition and flavor of the food being processed which is an added benefit compared to the thermal treatment. Due to these reasons, HPP equipment is gaining traction among global food giants.
The tremendous upsurge in demand for processed food is the key factor driving the HPP equipment and food market growth because. High pressure processing eliminates the requirement for chemical additives that may cause nausea, headache, and difficulty in breathing and even damage the human nerve cells. Rising awareness and adaptation of food products without any chemical additives are propelling the market growth. This equipment helps in saving time & energy and thus increase the total output for the product line and also save the power expenditure of processors. These benefits are contributing to the HPP equipment and food market growth. One of the other major benefits is that high pressure processing can also be carried out post packaging that further eliminates the risk of processing contamination.
However, the requirement of high capital investment might hamper the market growth. Consequently, government support to develop efficient food processing technologies is expected to provide lucrative opportunities for HPP equipment and food industry players during the forecast period.
The global HPP equipment and food market report has been analyzed based on orientation type, application, vessel volume, and geography. Based on orientation type, it is divided into horizontal and vertical. Based on application, the market is segmented into fruits & vegetables, meat, juice & beverages, and seafood. Based on vessel volume, the market is segmented into less than 100 L, 100-250 L, 250-500 L, more than 500 L. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
North America is estimated to hold the major share of the global HPP equipment and food market share during the forecast period due to increasing use for the processing of juices and beverages followed by seafood, meat and vegetable. It’s well-developed infrastructure and technological advancements further propel the market growth.
The market of Asia Pacific is estimated to grow at the fastest rate owing to the changing food habits and rising health awareness. The stringent policies for public health welfare are further augmented to back the market growth. Furthermore, the rising awareness about the benefits of high-pressure processing equipment is contributing to the growth in high pressure processing equipment market.
The global HPP equipment and food market is highly competitive and consists of numerous market players. Some of the major market players are JBT Corporation, Hiperbaric, ThyssenKrupp AG, Kobe Steel, Ltd., Stansted Fluid Power Ltd., Universal Pasteurization Company LLC, DIN Solutions, rmel Foods, LLC, P ITALIA SRL, o Tou Kefa, intus Technologies AB,esato International B.V., ansted Fluid Power Ltd., Multivac and Cargill, Incorporated.
There have been various developments taking place in the market that further enhance the growth of the HPP equipment and food market on a large scale.
For instance,in April 2019, MULTIVAC collaborated with LEIPA Georg GmbH and Koehler Paper Group to increase the use of packaging fresh food. The packs were designed such that the end-user can separate the cardboard backing from the plastic barrier layer and paper recycling.
Also, in June 2019, Avure technologies launched a new high-pressure processing meat technology i.e. meat processing equipment which retains the natural appearance and texture of meat.
Moreover, in November 2019, Hiperbaric Espana launched High Pressure Technology for automotive & aeronautics industries, expanding its product line beyond food.
The HPP equipment and food market report provides quantitative market analysis and estimations through 2024-2030 that assist to determine the predominant market opportunities to exploit.
The study comprises a deep dive analysis of the market trends including current and upcoming trends for interpreting the prevalent investment pockets in the market.
The report gives intricate information related to key drivers, restraints, opportunities and their impact on the market.
The report consolidates a competitive analysis of the market players along with their market share in global the market.
The study elaborates SWOT analysis and Porters Five Force model for the market.
Value chain analysis in the market study provides a clear picture of the stakeholders’ roles in the global market.
High Pressure Processing (HPP) Machines
Pumps
Pressure Vessels
Others
Fruits and Vegetables
Meat
Seafood
Dairy and Dairy Alternatives
Beverages
Ready-to-eat Meals
Soups and Sauces
Others
Batch Processing
Continuous Processing
Food Safety
Shelf Life Extension
Quality Preservation
Nutrient Retention
Flavor Retention
Food Processing Companies
Restaurants and Catering Services
Supermarkets and Grocery Chains
Online Food Retailers
North America
US
Mexico
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia Pacific APAC
China
Japan
India
South Korea
Rest of APAC
Rest of the World
Brazil
UAE
Russia
South Africa
Remaining Countries
JBT Corporation
Hiperbaric
ThyssenKrupp AG
Kobe Steel, Ltd.
Stansted Fluid Power Ltd.
Universal Pasteurization Company LLC
EXDIN Solutions
Hormel Foods, LLC
HPP ITALIA SRL
Bao Tou Kefa
Quintus Technologies AB
Resato International B.V.
Stansted Fluid Power Ltd.
Multivac
Cargill, Incorporated
Parameters |
Details |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Billion (USD) |
Market Segmentation |
By Orientation Type (Horizontal, Vertical) By Application (Fruits & Vegetables, Meat & Poultry, Juice & Beverages, Dips & Sauces, Seafood & Fish, Other Food), By Vessel Volume (less than 100 L, 100-250 L, 250-500 L, more than 500 L) |
Geographical Segmentation |
North America (U.S., Canada, Mexico) Europe (UK, Italy, France, Spain, Rest of Europe), Asia-Pacific (China, India, South Korea, Japan, Rest of APAC), Rest of the World (Brazil, UAE, Russia, South Africa, Remaining Countries) |
Companies Profiled |
Avure Technologies Inc., Universal Pasteurization Co., Multivac Sepp Haggenmuller SE & Co. KG, Bao Tou KeFa High Pressure Technology Co. Ltd., Hiperbaric Espana, Kobe Steel Ltd., CHIC FresherTech, Hyperbaric SA, ThyssenKrupp AG, and Stansted Fluid Power Ltd. |