Global Food Deaerators Market is expected to reach ~USD 400 Mn by 2028F: Ken Research

Global Food Deaerators Market By Application

The Global Food Deaerators market is segmented by Application into Food and Beverages.

Beverage segment held the largest market share in 2022, due to the increased consumption of beverages in emerging countries worldwide.

Due to the expanding demand for packaged flavored drinks, food deaerators are increasingly being used in beverage applications. Utilizing this equipment helps to reduce needless oxidation-related waste while keeping the sensory qualities and nutritional content of the finished product.

Food deaerators are used to remove air from the water phase before packaging operations or following the filtering process to speed up production without sacrificing product quality.

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Global Food Deaerators Market By Geography

The Global Food Deaerators market is segmented by geography into North America, Europe, Asia- pacific and LAMEA.

North America region held the largest market share in 2022, increasing demand for food deaerators in the beverage industry is driving market expansion in North America.

The region's rise can be attributed to factors such as increased consumer worries about the safety of consumers around chemicals used in beverages, the developing beverage sector, and rising demand for packaged foods. Due to strong demand from end-use sectors such as drinks and processed foods as well as its growing focus on R&D efforts for increasing its product portfolio, the USA, the region's largest consumer of food deaerators, is anticipated to maintain its leadership during the projection period.

Competition Scenario In Global Food Deaerators Market

The global food deaerators market is highly competitive with ~150 players which include globally diversified players, regional players, and country-niche players with their niche in the Food Deaerators market.

Country-Niche players constitute ~55% of the competition, while the regional players are the second largest by type. Some of the major players in the market include GEA Group, JBT., SPX Flow, Parker Boiler, Alfa Laval, The Cornell Machine Company, Mepaco, Stork, The Fulton Companies, Jaygo Incorporated, and among others.

What Is The Expected Future Outlook For The Overall Global Food Deaerators Market Across The Globe?

The Global Food Deaerators market was valued at USD ~million in 2022 and is anticipated to reach USD ~500 million by the end of 2028, witnessing a CAGR of ~% during the forecast period 2022-2028. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global Food Deaerators market is driven by rising customer demand for food goods with an extended shelf life. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

With the increasing collaboration and emergence of new products, the Global Food Deaerators market is changing rapidly. For instance, In April 2019, Tipper Tie, Inc. (US) was acquired by JBT Corporation for US$ 160 million. As a result, the business was able to grow its food processing division.

In January 2019, GEA finalized the acquisition of Slovenia-based filling technologies company Vipoll.

In January 2017, by building a new production campus in Europe, SPX FLOW increased the scope of its production capabilities. The organization was able to grow its clientele in the area because of this development.

The global food deaerators industry is forecasted to continue the positive growth that is witnessed since 2017, government investments in the food processing machinery and equipment sector and rising capital consumption in the beverage industry create attractive growth prospects. Though the market is highly competitive with ~150 players, few global players control the dominant market share and regional players also hold a significant market share.

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Key Topics Covered in the Report

Snapshot of the Global Food Deaerators Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Food Deaerators Market
Historic Growth of the Overall Global Food Deaerators Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter's 5 Forces Analysis of the Global Food Deaerators Industry
Overview, Function Offerings, and Strengths & Weaknesses of Key Competitors
COVID-19 Impact on the Overall Global Food Deaerators Market
Future Market Forecast and Growth Rates of the Total Global Food Deaerators Market and by Segments
Market Size of Application Segments with Historical CAGR and Future Forecasts
Analysis of Global Food Deaerators in Major Regions
Major Function/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region

Major Players Mentioned in the Report

GEA Group
JBT.
SPX Flow
Parker Boiler
Alfa Laval
The Cornell Machine Company
Mepaco
Stork
The Fulton Companies
Jaygo Incorporated

Notable Emerging Companies Mentioned in the Report

Centec LLC
Sterling Process Equipment and Services, Inc.
Special Projects International Inc.
Boiler & Steam Performance, Inc.

Key Target Audience - Organizations and Entities Who Can Benefit by Subscribing This Report

Deaerator Supplier Companies
Food and Beverage Processing Companies
Food Processing Equipment and Machinery Manufacturers
Import and Export Companies
Industry Investors/Investment Bankers
Company Research and Development Institutes
Market Research & Consulting Firms
Banking and Financial Service Providers
Government & Regulatory Authorities
Deaerator Material Suppliers
Investors in Food Start-ups
Start-ups & Incumbents in Food Sector
Certification & Inspection Companies
F&B Marketing Agencies
Food Packaging Industrial Equipment Manufacturers

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Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.

This release was published on openPR.