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Expanding Horizons Of The Food And Beverage Industry Fueling Growth In The Spiral Freezer Market: Powering Innovation and Expansion in the Spiral Freezers Market by 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Spiral Freezers Market Through 2025?
Recent years have seen robust growth in the size of the spiral freezers market. It is poised to expand from $4.47 billion in 2024 to $4.76 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. This uptrend during the historic period can be ascribed to factors such as the proliferation of the frozen food industry, a rise in processed food intake, the establishment of more quick-service dining establishments, internationalization of food supply chains, and strict food safety regulations.
What's the Projected Size of the Global Spiral Freezers Market by 2029?
The spiral freezers market is projected to witness robust expansion in the forthcoming years, reaching an impressive $6.14 billion in 2029, escalating at a Compound Annual Growth Rate (CAGR) of 6.6%. The anticipated surge during the forecast period is primarily attributed to factors such as an emphasis on sanitary design, the proliferating growth of frozen food markets in various regions, persistent enhancements in refrigerants, increasing popularity of single-serve frozen items, and compliance with food safety regulations. Some of the standout trends for the forecasted period encompass a compact footprint and flexible configurations, seamless integration with automation and industry 4.0, diversely customizable applications, advancements in refrigeration technology, and partnerships with food manufacturers.
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Top Growth Drivers in the Spiral Freezers Industry: What's Accelerating the Market?
The rise in the food and beverage sector's breadth is anticipated to fuel the spiral freezer market's expansion in the future. This industry comprises entities that process, package, and deliver raw food substances and convert them into consumer food products. Spiral freezers are flexible systems employed for cooling and freezing items in the food and beverage sector. As an example, in April 2023, the Advance Monthly Retail Trade Survey report from the U.S. Census Bureau, a government agency in the US, revealed that retail and food services sales in the United States attained $691.7 billion. This signifies a 2.9% surge compared to March 2022. Food services and drinking establishments contributed to $96.527 billion in March 2023, a 13.9% rise compared to $84.777 billion in March 2022. Hence, the larger picture of an expanding food and beverage industry propels the growth of the spiral freezer market.
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What Trends Will Shape the Spiral Freezers Market Through 2029 and Beyond?
Leading-edge freezer technology is an emerging trend attracting attention in the spiral freezer industry. Major industry players are honing their competitive edge and solidifying their position by developing ingenious products loaded with efficient and sustainable advancements. For example, GEA Group, an industrial machinery manufacturer based in Germany, unveiled the ProEdge Drive in June 2022. This innovative spiral freezer has been designed to boost productivity and sanitation in food processing. With no drum, the ProEdge Drive design minimizes maintenance and lowers the risk of contamination by removing potential debris accumulation points. Accommodating various belt widths (400mm, 600mm, and 750mm), the freezing capacities span from 460 to 3,600 kg/h. Removal of the drum increases the vertical capacity by up to 12%, without requiring extra floor area. It incorporates advanced features, such as the Callifreeze technology for continuous freezing monitoring and the Intelligent Valve System (IVS) for controlling air temperature efficiently. The Sequential Defrost (SD) and Static Pressure Control System (SPCS) progress operational efficiency by reducing the necessity for regular defrosting interruptions.
What Are the Main Segments in the Spiral Freezers Market?
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
Subsegments:
1) By Single Drum Spiral Freezers: Horizontal Single Drum Spiral Freezers, Vertical Single Drum Spiral Freezers
2) By Double Drum Spiral Freezers: Horizontal Double Drum Spiral Freezers, Vertical Double Drum Spiral Freezers
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Which Top Companies are Driving Growth in the Spiral Freezers Market?
Major companies operating in the spiral freezers market include 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, Anhydro SpA, Barry-Wehmiller Companies Inc., Binder GmbH, Blue Star Limited, CFS srl, Cryogenmach LLC, Dorin SpA, Food Engineering SAS, FrigorTec GmbH, Heat and Control Inc., Kiremko NV, Marel hf, Mycom srl, OctoFrost A/S, RMF Companies Inc., TGE srl
Which Regions Will Dominate the Spiral Freezers Market Through 2029?
North America was the largest region in the spiral freezers market in 2024. 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
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