The food vacuum machine global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Food Vacuum Machine Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The food vacuum machine market size has grown strongly in recent years. It will grow from <b>$15.12 billion in 2023 to $16.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. </b> The growth in the historic period can be attributed to food preservation needs, rise in convenience foods, expansion of food retail, prevention of oxidation and spoilage, stringent food safety regulations, demand for extended shelf life, reduction of food waste.
The food vacuum machine market size is expected to see strong growth in the next few years. It will grow to <b>$21.22 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. </b> The growth in the forecast period can be attributed to consumer demand for freshness, increased focus on sustainable packaging, expansion of ready-to-eat market, innovations in machine design, demand for portability and compact machines. Major trends in the forecast period include food preservation technologies, innovation in machine design and features, integration of smart technologies, customized packaging solutions.
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Scope Of Food Vacuum Machine Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Food Vacuum Machine Market Overview
Market Drivers –
The increase in demand for ready-to-eat (RTE) food is expected to propel the growth of the food vacuum machine market. Ready-to-eat food is a meal that has been prepared and packaged before serving and requires no additional preparation or cooking. Consumers have been shifting away from openly or loosely offered food products to consuming hygienically packaged fortified RTE foods using food vacuum machines due to rising literacy rates and cleanliness standards. For instance, in 2022, according to the Ministry of Commerce & Industry, India, in comparison to 2020-21 (April–October), India’s exports of ready-to-eat foods increased by 24% to $ 394 million in 2021–22 (April-October). Therefore, the rise in demand for RTE food is driving the growth of the food vacuum machine market.
Market Trends –
Technological innovation is a key trend in the food vacuum machine market. Companies are focusing on innovation to achieve efficiency and meet consumer demand. For instance, in December 2022, MULTIVAC, a Germany-based packaging solutions company for food, life science, & healthcare products as well as industrial items, launched the SFP Light steam flushing system. The new SFP Light steam flushing technology is expected to make it possible to immediately vacuum-pack hot food without first cooling it, in an effort to conserve energy and lengthen the shelf life of the finished product. SFP Light steam flushing technology intends to assist caterers and chefs in vacuum packing hot food without having to wait for it to cool down or waste time and energy on active cooling.
The food vacuum machine market covered in this report is segmented –
1) By Machinery Type: Chamber Vacuum Machines, External Vacuum Machines, Tray Sealing Machines
2) By Application Type: Bakery and Confectionery Products, Beverages, Meat and Seafood, Snacks and Savories, Convenience Food, Dairy and Frozen Desserts, Sauces, Dressings, Spices, and Condiments, Fruits and Vegetables, Prepared Food, Other Applications
3) By End-User Type: Industrial, Commercial, Domestic
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Regional Insights –
Asia-Pacific was the largest region in the food vacuum machine market in 2023. The regions covered in the food vacuum machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the food vacuum machine market report are Ulma Packaging S.A.R.L., Proseal Group, Multivac Group, Electrolux Professional AB, Henkelman GmbH & Co. KG, Henkovac International BV, PromarksVac Corp., Sammic SL, Technopack Corporation, Sipromac, Webomatic Maschinenfabrik GmbH, Bizerba SE & Co. KG, Dadaux SAS, Metos Instruments Pvt. Ltd., Ridat Company, Reiser Maschinenfabrik GmbH, Accu-Seal Corporation, AmeriVacS, Ary VacMaster Inc., Boss Vakuumverpackungstechnik GmbH, Busch LLC, CVP Systems Inc., Dixie Vac Services, Elmo Rietschle GmbH, Duravant LLC, Fuji Impulse Co. Ltd., GEA Group AG, Hefei Chunhui Machinery Manufacturing Co. Ltd., HFM Packaging Machinery Co. Ltd., China National Packaging Machinery Corporation, Ishida Co. Ltd., JBT Corporation, Komet Maschinenfabrik GmbH
Table of Contents
1. Executive Summary
2. Food Vacuum Machine Market Report Structure
3. Food Vacuum Machine Market Trends And Strategies
4. Food Vacuum Machine Market – Macro Economic Scenario
5. Food Vacuum Machine Market Size And Growth
…..
27. Food Vacuum Machine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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