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High-Pressure Processing Equipment Market Opportunity Analysis and Industry Forecast 2030 | Hits a CAGR of 11.2%
High-pressure processing (HPP) equipment is used in the food and beverage industry to preserve and extend the shelf life of products while maintaining their nutritional value, flavors, and textures. It's a non-thermal food processing technique that involves subjecting packaged foods and beverages to elevated pressures, typically between 100 and 800 megapascals (MPa), or about 14,500 to 116,000 psi. This high pressure is applied uniformly from all directions, effectively killing or inhibiting the growth of spoilage microorganisms and pathogens, such as bacteria, molds, and yeast, without the need for high temperatures that could negatively impact the product's quality.The equipment used in high-pressure processing typically consists of a high-pressure chamber, where the packaged food or beverage is placed, and a hydraulic system that applies the pressure.
The global high-pressure processing equipment market was valued at $404.6 million in 2020, and is expected to reach $1,238.3 million by 2030, with a CAGR of 11.2% from 2021 to 2030. In 2020, North America dominated the global high pressure processing equipment market, in terms of revenue, accounting for around half share of the global high-pressure processing equipment market.
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High-pressure processing equipment is used for milk processing, pasteurization processing, seafood processing, and ready-to-cook food products, which, in turn, surges the demand for processing equipment, thereby driving the growth of the global high pressure processing equipment market.
Major players, such as Avure Technologies Inc and Stansted Fluid Power Ltd, launched new high-pressure processing equipment products to the market. For instance, Stansted Fluid Power Ltd offered new pilot homogenizers for pharmaceutical and food industries. It has working pressure of up to 420 Mpa (60,000 psi, and 4,200 bar), with a storing capacity of 125 l/hr. It has a piston valve, which is used to operate the flow of operation. It has a corrosion resistant material.
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The global high-pressure processing equipment market is segmented on the basis of application, end user, orientation type, vessel volume, and region. On the basis of application, the market is divided into fruits and vegetables, seafood and meat, juice and beverages, and others. The juice and beverages segment generated the highest revenue in 2020. Based on end user, the market is bifurcated into food and beverages industry and pharma and cosmetics industry. The food and beverages industry segment dominated the market in 2020. On the basis of orientation type, the market is categorized into vertical and horizontal.
The horizontal segment generated the highest revenue in 2020. By vessel volume, the market is divided into less than 100L, 100-500 L, and more than 500 L.
Region-wise, the global high-pressure processing equipment market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, North America was the highest contributor to the global high-pressure processing equipment market share, and is anticipated to secure a leading position during the forecast period.
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