High Pressure Processing Equipment Market Overview
High pressure processing (HPP), commonly known as pascalization, is used to sterilize a wide range of food products. High Pressure Processing¬†(HPP) is a cold pasteurization technique by which products, already sealed in its final package, are introduced into a vessel and subjected to a†high†level of isostatic pressure transmitted by water. High Pressure Processing respects the sensorial and nutritional properties of food, because of the absence of heat treatment, and maintains its original freshness throughout the shelf-life.
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Rising technological advancement, growing popularity of processed meat, improvement in distribution network, increasing demand for quality food products and increase in adoption of HPP technology in seafood processing are some factors, that will propel the demand for high pressure processing equipment over the next five years .Growing use of different volumes of vessels, rising research activities regarding the importance of using cold processing techniques and increasing awareness about the types of products are the primary factors driving the growth of this market.
High Pressure Processing Equipment Market Forecast Report (2018-2023)
Global High Pressure Processing Equipment System market size was around USD 365.44 million in 2018. It is expected to grow at a CAGR of 11.3% to reach USD 624.15 million by 2023.
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High Pressure Processing Equipment Market Segmentation
The market is segmented by Orientation type, vessel volume, by application and by end user. Based on orientation type, the market is categorized into horizontal HPP equipment and vertical HPP equipment. The horizontal category is the fastest-growing orientation type segment in the HPP Equipment market because of the growing demand for such equipments to package and process food products. On the basis of Vessel Volume the market is categorized into less than 100l, 100l to 250l, 250l to 500l and More Than 500l.¬†Based on application, the HPP market is segmented into fruits and vegetables, meat, juices and beverages, seafood and others. On the basis of end user the market has is segmented into Large Production Plants, Small & Medium Enterprises and Groups.
By geography the market is segmented into Latin America, Asia Pacific, Europe, North America, and Middle East and Africa. Presently, North America accounts for the largest market share while Europe has the highest CAGR.
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The major companies dominating this market for its products and services are
The Avure Technologies Inc. (U.S.)
Hiperbaric Espana (Spain)
Bao Tou KeFa High Pressure Technology, Co., Ltd. (China)
CHIC FresherTech (China)
Kobe Steel, Ltd. (Japan)
Multivac Sepp Haggenmuller Se & Co. KG (Germany)
Stansted Fluid Power Ltd (U.K.)
Universal Pasteurization Co. (U.S.)
Next HPP (U.S.) and ThyssenKrupp AG (Germany)
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