Press release
Spiral Freezers Market Size, Share, Trends, Analysis And Forecast 2033
Spiral Freezers Market Size
Spiral Freezers Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $5.72 billion In 2028 At A CAGR Of 6.2% :
The spiral freezers market size has grown strongly in recent years. It will grow from $4.21 billion in 2023 to $4.5 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to growth in frozen food industry, increased in processed food consumption, expansion of quick-service restaurants, globalization of food supply chains, stringent food safety regulations.
The spiral freezers market size is expected to see strong growth in the next few years. It will grow to $5.72 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to focus on hygienic design, regional expansion of frozen food markets, continuous improvement in refrigerants, growing trend of single-serve frozen products, compliance with food safety regulations. Major trends in the forecast period include compact footprint and flexible configurations, automation and industry 4.0 integration, customization for diverse applications, advanced refrigeration technologies, collaboration with food manufacturers.
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Spiral Freezers Market Major Segments
The spiral freezers market covered in this report is segmented -
1) By Product Type: Single Drum Spiral Freezers, Double Drum Spiral Freezers
2) By Capacity: Small Capacity, Medium Capacity, Large Capacity
3) By Application: Meat Processing, Seafood And Fish, Bakery Products, Other Applications
Key Driver - Expanding Horizons Of The Food And Beverage Industry Fuelling Growth In The Spiral Freezer Market
The increased scope of the food and beverage industry is expected to drive the growth of the spiral freezer market going forward. The food and beverage industry includes all companies involved in processing, packaging, and distributing raw food materials, as well as transforming them into consumer food products. Spiral freezers are versatile systems used to cool and freeze products in the food and beverage industry. For instance, in April 2023, according to the Advance Monthly Retail Trade Survey report published by U.S. Census Bureau, a US-based government agency, retail, and food services sales in the United States reached $691.7 billion, indicating a 2.9% increase compared to March 2022. Food services and drinking places accounted for $96.527 billion in March 2023, an increase of 13.9% compared to $84.777 billion in March 2022. Therefore, the increased scope of the food and beverage industry drives the spiral freezer market.
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Prominent Trend - Innovative Leap Revolutionizing Freezing Technologies In The Spiral Freezer Market
Innovative freezing technologies are a key trend gaining popularity in the spiral freezer market. Major companies operating in the spiral freezer market are focused on developing innovative products equipped with efficient and sustainable technologies to strengthen their position and gain a competitive advantage. For instance, in March 2021, JBT Corporation, a US-based food processing machinery manufacturer, launched a new spiral freezer named JBT Northfield CleanFREEZETM Spiral Freezer. The CleanFREEZE freezer offers a hygienic design, exceptional efficiency, and effortless upkeep, making it suitable for freezing, chilling, and cooling a broad selection of packaged and individual quick-frozen (IQF) food products on a large scale. JBT's Clean-in-Place technology is incorporated into the CleanFREEZE freezer to simplify and enhance the sanitation process, requiring minimal manual intervention.
Spiral Freezers Market Players
Major companies operating in the spiral freezers market report are Advanced Equipment Inc., FPS Food Process Solutions, ICS Spiral Freezers Inc., Mayekawa Mfg. Co. Ltd., John Bean Technologies Corporation, Airofreeze Inc., IJ White & Sons Ltd., Scanico A/S, Korutek Engineering Corporation, Seward Refrigeration Limited, Heinen & Löwenstein GmbH, GEA Group Aktiengesellschaft, Starfrost Corporation, Conovey Inc., Square Technology Group Co. Ltd., Alfa Laval AB, Americold Inc., Anhydro SpA, Barry-Wehmiller Companies Inc., Binder GmbH, Blue Star Limited, CFS srl, Cryogenmach LLC, Dorin SpA, Enexio GmbH, Food Engineering SAS, FrigorTec GmbH, Heat and Control Inc., Kiremko NV, Marel hf, Mycom srl, Nidec Global Appliance Corporation, OctoFrost A/S, Perley-Halladay Associates Inc., Pramac S.p.A., RMF Companies Inc., TGE srl
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Largest And Fastest Growing Region In The Market
North America was the largest region in the spiral freezers market in 2023. Europe is expected to be the fastest-growing region in the global spiral freezers market during the forecast period. The regions covered in the spiral freezers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Spiral Freezers Market Report Structure
3. Spiral Freezers Market Trends And Strategies
4. Spiral Freezers Market - Macro Economic Scenario
5. Spiral Freezers Market Size And Growth
…..
27. Spiral Freezers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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