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Global Food Vacuum Machine Market 2024 - Business Opportunities, Industry Growth, Regional Analysis And Forecast To 2033
Global Food Vacuum Machine Market
As per the report, the food vacuum machine market size has grown strongly in recent years. It will grow from $15.12 billion in 2023 to $16.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The food vacuum machine market size is expected to see strong growth in the next few years. It will grow to $21.22 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
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Ready-To-Eat Food Boom Fueling Growth In The Food Vacuum Machine Market
The increase in demand for ready-to-eat (RTE) food is expected to propel the growth of the food vacuum machine market. Ready-to-eat food is a meal that has been prepared and packaged before serving and requires no additional preparation or cooking. Consumers have been shifting away from openly or loosely offered food products to consuming hygienically packaged fortified RTE foods using food vacuum machines due to rising literacy rates and cleanliness standards. For instance, in 2022, according to the Ministry of Commerce & Industry, India, in comparison to 2020-21 (April-October), India's exports of ready-to-eat foods increased by 24% to $ 394 million in 2021-22 (April-October). Therefore, the rise in demand for RTE food is driving the growth of the food vacuum machine market.
Innovative Advancements In The Food Vacuum Machine Market
Technological innovation is a key trend in the food vacuum machine market. Companies are focusing on innovation to achieve efficiency and meet consumer demand. For instance, in December 2022, MULTIVAC, a Germany-based packaging solutions company for food, life science, & healthcare products as well as industrial items, launched the SFP Light steam flushing system. The new SFP Light steam flushing technology is expected to make it possible to immediately vacuum-pack hot food without first cooling it, in an effort to conserve energy and lengthen the shelf life of the finished product. SFP Light steam flushing technology intends to assist caterers and chefs in vacuum packing hot food without having to wait for it to cool down or waste time and energy on active cooling.
The food vacuum machine market covered in this report is segmented -
1) By Machinery Type: Chamber Vacuum Machines, External Vacuum Machines, Tray Sealing Machines
2) By Application Type: Bakery and Confectionery Products, Beverages, Meat and Seafood, Snacks and Savories, Convenience Food, Dairy and Frozen Desserts, Sauces, Dressings, Spices, and Condiments, Fruits and Vegetables, Prepared Food, Other Applications
3) By End-User Type: Industrial, Commercial, Domestic
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Major companies operating in the food vacuum machine market report are Ulma Packaging S.A.R.L., Proseal Group, Multivac Group, Electrolux Professional AB, Henkelman GmbH & Co. KG, Henkovac International BV, PromarksVac Corp., Sammic SL, Technopack Corporation, Sipromac, Webomatic Maschinenfabrik GmbH, Bizerba SE & Co. KG, Dadaux SAS, Metos Instruments Pvt. Ltd., Ridat Company, Reiser Maschinenfabrik GmbH, Accu-Seal Corporation, AmeriVacS, Ary VacMaster Inc., Boss Vakuumverpackungstechnik GmbH, Busch LLC, CVP Systems Inc., Dixie Vac Services, Elmo Rietschle GmbH, Duravant LLC, Fuji Impulse Co. Ltd., GEA Group AG, Hefei Chunhui Machinery Manufacturing Co. Ltd., HFM Packaging Machinery Co. Ltd., China National Packaging Machinery Corporation, Ishida Co. Ltd., JBT Corporation, Komet Maschinenfabrik GmbH
Contents of the report:
1. Executive Summary
2. Food Vacuum Machine Market Report Structure
3. Food Vacuum Machine Market Trends And Strategies
4. Food Vacuum Machine Market - Macro Economic Scenario
5. Food Vacuum Machine Market Size And Growth
…..
27. Food Vacuum Machine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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