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Spiral Freezer Market Exploring Trends and Opportunities To Reach USD 7.3 billion by 2032

02-22-2024 05:29 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Spiral Freezer Market

Spiral Freezer Market

The spiral freezer market size was valued at $4.1 billion in 2020, and is estimated to reach $7.3 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032.

A freezing technique called spiral freezing makes use of freezers that can keep an extensive amount of food cold while taking up little space and maintaining good quality. Spiral freezing allows food and beverage sectors to maintain the moisture, flavor, and texture of certain products like ice cream, frozen pizza, meat, bakery products, and more during the freezing process. Spiral freezers typically use cryogenic or mechanical refrigeration methods.

In addition, it is widely used in the food manufacturing and preservation industry because it quickly and efficiently freezes various food products in a safe and effective manner.

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Top Impacting Factors:
The rise in demand for frozen meat and bakery products is anticipated to accelerate the growth of the spiral freezer market. The demand for increased freezing capacity, the capability to produce large quantities of frozen foods, and the rise in reliability requirements under adverse weather conditions are projected to contribute to the market expansion. In addition, the demand for cheap maintenance is projected to promote market expansion on a global scale.

Moreover, companies in the spiral freezer market offer products and services to cater to the varying demands of their customers. By type, the market is categorized into small capacity, medium capacity and large capacity. Out of these, the medium-capacity spiral freezers accounted for the largest market share in 2022, and the large capacity is expected to grow with a significant CAGR during the forecast period.

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The market is mainly driven due to an increase in demand for frozen food and seafood. Moreover, the rise in consumption of seasonal food throughout the year has fueled the spiral freezer market growth. However, strict government regulations in food & beverages manufacturing sectors negatively impact the growth of the market. On the other hand, technological advancements in food processing equipment such as spiral freezers are expected to provide growth opportunities to the market.

Regional Insights:
In 2020, Asia-Pacific accounted for the largest share of the spiral freezer market share, in terms of revenue. Moreover, the region is anticipated to grow with the highest CAGR, owing to the high population growth rate, increase in demand for frozen food & bakery products, and considerably large disposable income of the population residing in the region.

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Top Players:
GEA Group AG, VDL Systems BV, Linde plc, RMF Works, ICS Spiral Freezers, Mayekawa, FPS food process solutions, SCANICO A/S, Sinteco impianti, Dantech Freezing Systems

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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