Global HPP Equipment Market Overview:
High-pressure processing (HPP) Equipment is widely used in the food industry for sterilization purposes. High-pressure processing (HPP) is also known as pascalization is analogous to the pasteurization of milk. In this process, food items are exposed to the maximum level of isostatic pressure exerted by water. This high pressure eliminates bacteria, viruses, and other organisms, which may degrade the food, thus increasing both the safety & shelf life of the food. HPP is also less destructive than thermal treatment as key food-quality components, such as vitamins and flavor compounds, associated with fresh unprocessed food remain largely unaffected. Due to these added benefits of HPP, the technology is gaining traction among global food giants. This has projected the growth of the global HPP equipment market in the forecast period.
As per latest study released by AMA Research, the Global HPP Equipment market is expected to see growth rate of 11.1%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Consumers are Gravitating toward Fresh, Clean-Label Products Without Chemical Preservatives
Market Growth Drivers:
Rising Demand and Consumption of Packaged Foods across the Globe and Growing Production of Ready-To-Cook Meat
Challenges:
Existing Stringent Food Safety Regulations and High Usage of Thermal Processing Technology
Restraints:
High-Cost Associated Capital Investment and Reducing Energy Consumption of HPP Equipment
Opportunities:
Government Assistance Towards Developing Food Technologies and Growth in the Usage of HPP Toll Processors
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are The Avure Technologies Inc. (United States), ThyssenKrupp AG (Germany), Hiperbaric Espana (Spain), Bao Tou KeFa High Pressure Technology, Co., Ltd. (China), CHIC FresherTech (China), Kobe Steel, Ltd. (Japan), Multivac Sepp Haggenmuller Se & Co. KG (Germany), Stansted Fluid Power Ltd (United Kingdom), Universal Pasteurization Co. (United States) and Next HPP (United States). Analyst at AMA Research see European Manufacturers to retain maximum share of Global HPP Equipment market by 2030. Considering Market by Organization Size, the sub-segment i.e. Small and Medium Enterprises will boost the HPP Equipment market. Considering Market by End Use Industry, the sub-segment i.e. Food & Beverages Industry will boost the HPP Equipment market. Considering Market by Orientation, the sub-segment i.e. Horizontal will boost the HPP Equipment market. Considering Market by Vessel Volume, the sub-segment i.e. Less than 100L will boost the HPP Equipment market.
Latest Market Insights:
In September 2021, Quintus Technologies re-entered the food and beverage high-pressure processing applications with the launch of new HPP equipment and customized service solutions.
On 6th November 2020, Hiperbaric, the world leader in high-pressure processing (HPP) equipment for the food industry has announced the expansion of its facilities for industrial equipment used in post-processing metal parts.
What Can be Explored with the HPP Equipment Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global HPP Equipment Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in HPP Equipment
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global HPP Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in HPP Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes HPP Equipment Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.