Dublin, Sept. 18, 2023 (GLOBE NEWSWIRE) -- The "Global High Pressure Processing Equipment Market by Orientation, Vessel Volume, Application - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global High Pressure Processing Equipment Market size was estimated at USD 858.44 million in 2022, USD 967.35 million in 2023, growing at a CAGR of 12.81% to reach USD 2,251.70 million by 2030.
In this report, 2018 to 2021 are considered historical years, 2022 is the base year, 2023 is the estimated year, and years from 2024 to 2030 are considered the forecast period.
The report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share.
The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
Market Segmentation & Coverage:
This research report categorizes the Global High Pressure Processing Equipment Market in order to forecast the revenues and analyze trends in each of the following sub-markets:
- Based on Orientation, the market is studied across Horizontal HPP Equipment and Vertical HPP Equipment. The Horizontal HPP Equipment commanded the largest market share of 77.21% in 2022, followed by Vertical HPP Equipment.
- Based on Vessel Volume, the market is studied across 100l to 250l, 250l to 500l, Less Than 100l, and More Than 500l. The 100l to 250l commanded the largest market share of 42.17% in 2022, followed by 250l to 500l.
- Based on Application, the market is studied across Fruits & Vegetables, Juices & Beverages, Meat, and Seafood. The Juices & Beverages commanded the largest market share of 32.35% in 2022, followed by Meat.
- Europe, Middle East & Africa commanded largest market share of 38.34% in 2022, followed by the Americas.
Market Dynamics
Drivers
- Need to Extend Product Shelf Life and Eliminate the Use of Preservatives and Additives
- Increasing Consumption of Packaged Foods
- Increased Production of Ready-to-Cook Meat
Restraints
- Regulatory Constraints
Opportunities
- Government Support and Assistance towards Developing Food Preservation Technologies
- Growth in the Usage of HPP Toll Processors
Challenges
- Investment Burden and Operating Costs
- Energy Consumption in HPP Equipment
Client Customization
- Food-industry uptake of HPP technology
- HPP tolling Centre Deployments by Region
- Consumer-side Perception of HPP Technology
- How to Choose HPP Toll Processor
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 185 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $967.35 Million |
| Forecasted Market Value (USD) by 2030 | $2251.7 Million |
| Compound Annual Growth Rate | 12.8% |
| Regions Covered | Global |
Competitive Portfolio
- American Pasteurization Company
- BAO TOU Kefa High-Pressure Technology Co., Ltd.
- Chic Group
- EXDIN solutions
- Hiperbaric, S.A.
- Hydrolock Company
- JBT Corporation
- Kobe Steel, Ltd.
- Lineage Logistics LLC
- MULTIVAC Group
- Stansted Fluid Power Ltd.
- ThyssenKrupp AG
- Universal Pure LLC
For more information about this report visit https://www.researchandmarkets.com/r/d1lsx3
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