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Food Ultrasound - Global Market Trajectory & Analytics

  • ID: 4845753
  • Report
  • April 2021
  • Region: Global
  • 289 pages
  • Global Industry Analysts, Inc
Global Food Ultrasound Market to Reach $161.6 Million by 2027

Amid the COVID-19 crisis, the global market for Food Ultrasound estimated at US$105.4 Million in the year 2020, is projected to reach a revised size of US$161.6 Million by 2027, growing at a CAGR of 6.3% over the period 2020-2027. High-intensity, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$88.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Low-intensity segment is readjusted to a revised 6.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $28.5 Million, While China is Forecast to Grow at 9.7% CAGR

The Food Ultrasound market in the U.S. is estimated at US$28.5 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$34.7 Million by the year 2027 trailing a CAGR of 9.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.

Select Competitors (Total 46 Featured):
  • Buhler AG
  • Cheersonic Ultrasonic Equipment Co., Ltd.
  • Dukane Corporation
  • Elliptical Design Ltd.
  • Emerson Electric Company
  • Hielscher USA, Inc.
  • Industrial Sonomechanics, LLC
  • Marchant Schmidt, Inc.
  • Newtech
  • Omni International, Inc.
  • Rinco Ultrasonics AG.
  • Robert Bosch GmbH
  • Siemens AG
  • Sonics & Materials, Inc.
Note: Product cover images may vary from those shown

  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession

  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown