According to the report published by Allied Market Research, the global high pressure processing equipment market generated $404.6 million in 2020, and is anticipated to reach $1.23 billion by 2030, exhibiting a CAGR of 11.2% from 2021 to 2030. High-pressure processing equipment is used for milk processing, pasteurization processing, seafood processing, and ready-to-cook food products, which, in turn, surges the demand for processing equipment, thereby driving the growth of the global high pressure processing equipment market.
Increase in demand for high pressure processing equipment in the medical industry, rise in consumption of frozen foods, and the development of the food packaging industry drive the global high pressure processing equipment market growth. On the other hand, fluctuation in raw material prices and high cost of a high pressure processing machine hinder the market progress. However, adoption of high pressure processing equipment in the seafood processing sector is expected to open new opportunities for market players.
Download Sample PDF (252 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/2531
The report segments the global high pressure processing equipment market on the basis of end-user, application, vessel volume, orientation type, and region.
Based on end-user, the food and beverages industry segment accounted for the largest market share in 2020, contributing to nearly 90% of the total share, and is expected to maintain the lead throughout the forecast period. On the other hand, the pharma and cosmetics industry segment is estimated to witness the fastest CAGR of 13.7% from 2021 to 2030.
Based on the orientation type, the horizontal segment contributed to the largest share in 2020, accounting for more than four-fifths of the global high pressure processing equipment market. The same segment is expected to lead throughout the forecast period manifesting the highest CAGR of 11.4% from 2021 to 2030. The report also covers the vertical segment.
Based on region, North America contributed to the highest share in 2020, holding around half of the total share, and is expected to maintain dominance throughout the forecast period. On the other hand, Asia-Pacific is expected to portray the fastest CAGR of 12.2% from 2021 to 2030.
Make a Purchase Enquiry @
https://www.alliedmarketresearch.com/purchase-enquiry/2531
Top manufacturers:
Leading players of the global high pressure processing equipment market analyzed in the research include Hiperbaric Espana, Avure Technologies Inc, Bao Tou KeFa High Pressure Technology Co Ltd, Kobe Steel Ltd, CHIC FresherTech, Stansted Fluid Power Ltd, Multivac Sepp Haggenmuller Se, and Co KG, Universal Pasteurization Co, Next HPP, and ThyssenKrupp AG.
Key Findings Of The Study
- Depending on application, the juice and beverages segment was the largest revenue generator in 2020.
- By end user, the food and beverages industry segment generated the highest revenue in 2020.
- Based on orientation type, the horizontal segment generated the highest revenue in 2020.
- Based on vessel volume, the 100-500 L segment generated the highest revenue in 2020.
- Region-wise, North America is anticipated to dominate the global high-pressure processing equipment market throughout the study period.
- The report provides an extensive analysis of the global high-pressure processing equipment market trends and emerging opportunities of the market.
Download Sample PDF @ https://www.alliedmarketresearch.com/request-sample/2531
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Contact Us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: https://www.alliedmarketresearch.com/reports-store/construction-and-manufacturing