Retort Machine Market Size, Share, Revenue, Trends And Drivers For 2024-2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Retort Machine Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The retort machine market size has grown strongly in recent years. It will grow from $1.63 billion in 2023 to $1.79 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to increasing demand for shelf-stable products, rise in ready-to-eat food consumption, expanding packaged food industry, stringent food safety regulations, rising consumer awareness of food quality.

The retort machine market size is expected to see strong growth in the next few years. It will grow to $2.44 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to growth in packaged beverages, customization and flexibility in processing, emergence of innovative packaging materials, rise of e-commerce in food retail, increasing adoption in pharmaceuticals. Major trends in the forecast period include advancements in retort technology, advancements in sterilization technologies, focus on energy-efficient retort systems, integration of smart technologies, expanding applications in diverse industries.

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Key Market Players:

Otsuka Holdings Co. Ltd., STERIS Corporation, Getinge AB, PHC Corporation, JBT Corporation, Steritech, CFT S.p.A., Fedegari Autoclavi SpA, BMT Medical Technology s.r.o., LTE Scientific Ltd., Steriflow SAS, Systec GmbH, Bondtech Corporation, Allpax Products LLC, Cosmed Group Inc., Astell Scientific Ltd., Priorclave Ltd., Nexgen Drying Systems Pvt. Ltd., Benchmark Scientific Inc., Labec, Eschmann Technologies Ltd., Shandong Dingtaisheng Food Industry Equipment Co. Ltd., Lagarde Autoclaves, Surdry SL, Sturdy Industries Limited, Tuttnauer Ltd., Consolidated Machine Corporation, InnovaSter Ltd., Rodwell Autoclave Co. Ltd., Sumpot Machinery Co. Ltd. are prominent players in the industry.

Market Drivers:

The rising occurrence of food diseases is expected to propel the growth of the retort machine market going forward. Food diseases refer to illnesses brought on by eating or drinking foods contaminated with microorganisms. Retort machines sterilize and pasteurize packaged foods and drinks, extending their shelf life and ensuring their safety and quality by inactivating or killing the disease-causing microbes. For instance, in June 2023, according to the Centers for Disease Control and Prevention (CDC), a US-based Department of Health and Human Services, infections from significant foodborne pathogens were estimated to be the cause of 9.4 million illnesses, 56,000 hospital admissions, and 1,350 fatalities each year in the USA. Furthermore, in May 2022, according to the World Health Organization, a Switzerland-based intergovernmental organization, 420,000 people worldwide die, and an estimated 600 million get sick from eating contaminated food every year, thereby losing 33 million years of healthy life. Therefore, the rising occurrence of food diseases is driving the growth of the retort machine market.

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Market Segments Include:
1) By Process: Batch Sterilization, Continuous Sterilization
2) By Type: Saturated Steam, Water Immersion, Water Spray, Forced Steam Or Air
3) By End User: Food And Beverage Industry, Pharmaceutical Industry, Cosmetic Industry, Other End Users

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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