Industry Background:
Food purifiers are the electronic devices used to remove toxins from the food. These purifiers are used to clean toxins such as pesticides, insecticides, & other harmful chemicals from the vegetables, fruits, meat, seafood, and other food products. These purifier also adds oxygen & nutrients to the food, which are beneficial for consumers. The usage of food purifier is growing due to the increasing levels of air & water pollution coupled with use of pesticides in food production. With increasing health-conscious in terms of the purity of their food among people, the demand for food purifiers is growing. Rinsing vegetables and fruits with tap water is not enough to remove the traces of chemicals, thereby exposing people heath to adverse effects. These purifiers use powerful ozone technology to sterilize the fruits & vegetables making them fit for consumption.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | KENT RO Systems Ltd. (India), TTK Prestige Limited (India), Crusaders Technologies (I) Pvt. Ltd. (India), K&N ENGINEERS LTD (Greece), Lifeguard. (India), Paragon Mobility Rehab LLP. (India), Guangzhou Xijiya Electronics Technology Co., Ltd (China), KLAIRON TECHNOLOGIES PVT.LTD. . (India), R. K. Transonic Engineers Pvt. Ltd. (India) and EPS Exim (India) |
According to AMA, the market for Food Purifier is expected to register a CAGR of 7.0% during the forecast period to 2030. This growth is primarily driven by Growing Air and Water Pollution Coupled With the Use of Pesticides in Food Production, Increasing Health-Conscious in Terms of the Purity of Their Food among People and Increasing Importance of Health Standards & Safety Measures in Developed Countries.
Globally, a noticeable market trend is evident Increasing Disposable Incomes and Rise in the Standard Of Living The Consumer Goods sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as KENT RO Systems Ltd. (India), TTK Prestige Limited (India), Crusaders Technologies (I) Pvt. Ltd. (India), K&N ENGINEERS LTD (Greece), Lifeguard. (India), Paragon Mobility Rehab LLP. (India), Guangzhou Xijiya Electronics Technology Co., Ltd (China), KLAIRON TECHNOLOGIES PVT.LTD. . (India), R. K. Transonic Engineers Pvt. Ltd. (India) and EPS Exim (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Many key players in the market offer variety of food purifiers. Some of the key players include KENT RO Systems Ltd., TTK Prestige Limited, Crusaders Technologies (I) Pvt. Ltd., K&N ENGINEERS LTD, as well as Lifeguard. One of the key player, KENT RO Systems Ltd. Offers wall mounted vegetable & fruit cleaner, as well as counter top vegetable & fruit cleaner.
Key Developments in the Market:
In November 2023, Philips unveiled its "PerfectDraft Pro" beer dispensing system with integrated UV purification technology. This system claims to extend the shelf life of draft beer by keeping it fresh and free of harmful bacteria.
In December 2023, Coway launched its "AP-1520W" air purifier with a built-in food sterilization function. This utilizes ultraviolet light and plasma technology to claim 99.9% sterilization of fruits, vegetables, and other food items.
Influencing Trend:
Increasing Disposable Incomes and Rise in the Standard Of Living
Market Growth Drivers:
Growing Air and Water Pollution Coupled With the Use of Pesticides in Food Production, Increasing Health-Conscious in Terms of the Purity of Their Food among People and Increasing Importance of Health Standards & Safety Measures in Developed Countries
Challenges:
Growing Concerns over Use of Ozone in Food Purifiers Owing to Adverse Effects on Human Body
Restraints:
High Cost of Food Purifier
Opportunities:
Growing Use of Innovative Technology in the Food Purifier Industry and Growing Opportunities in Untapped Markets
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Food Purifier Market
- Analysis about New Entrants in Food Purifier Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Food Purifier Study Sheds Light on
The Food Purifier Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Food Purifier industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Food Purifier industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.