Global High Pressure Processing Equipment Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Increase in foodborne diseases, owing to contamination of food, rises the demand for high-pressure processing equipment, which fuels the growth of the market

The Global High Pressure Processing Equipment Market is estimated to be USD 992.8 Mn in 2023 and is expected to reach USD 1792.24 Mn by 2028 growing at a CAGR of 12.54%.

High-pressure processing equipment is used to treat foods, beverages, proteins, enzymes, and other bioactive materials. Products are subjected to high pressures with or without the addition of heat to inactivate microbes and bacteria. An alternative to thermal processing is high-pressure processing. It is mainly used for sterilization in the food industry. Food items are subjected to isostatic pressure exerted by water during the process. This pressure kills all bacteria and viruses in food, increasing its quality.

The demand for high-pressure processing equipment increased due to the demand for ready-to-eat has rapidly increased since they save time and the little effort required to prepare these meals due to the hectic lifestyles of consumers and increasing demand for ready meals and frozen goods. Increasing disposable income is another factor that significantly impacts food market growth because it increases consumer purchasing power. Progressive urbanization in various countries, improved life spans and frozen packaged food, and innovations in preserving frozen or partially prepared food are the reasons for the increasing demand for ready-to-eat meals. Moreover, the preference for these meals by the working population and millennials has increased. One of the India-based online grocery stores, Grofers, reported a sales surge of 170% in the ready-to-eat category and 41% in the frozen food category in 2020, indicating a sudden consumer shift from home-cooked food to ready-to-eat products. According to the report, In Europe, the Ready-to-Eat Meals segment, volume is expected to amount to 11,397.8mkg by 2027.

Furthermore, preservation allows people to ship foods over greater distances, stock them in stores longer, and enjoy them for a greater part of the year with more nutrients intact. Processing can also help to inhibit or destroy pathogens; hence many governments support and assistance in developing food preservation technologies. This will further fuel the demand for high-pressure processing equipment in the forecasting period.

However, the thermal processing of foods is to reduce or destroy microbial activity, reduce or destroy enzyme activity, and produce physical or chemical changes to make the food meet a certain quality standard; this may hinder the growth of the segment.

Market Segmentations

• The Global High Pressure Processing Equipment Market is segmented based on Orientation, Vessel Volume, Applications, End-User, and Geography.
• By Orientation, the market is classified into Horizontal HPP Equipment and Vertical HPP Equipment.
• The Horizontal HPP Equipment holds the largest market share in the forecasting period. With growing awareness about food safety, consumers increasingly demand minimally processed and natural foods free from harmful pathogens and chemicals. HPP is a non-thermal processing technique that can inactivate bacteria, viruses, and other harmful microorganisms in food products without altering their taste, texture, or nutritional value. Therefore, HPP is becoming an attractive option for food manufacturers who want to ensure the safety and quality of their products. Consumers are increasingly looking for healthy, fresh, and convenient food products that fit their busy lifestyles. HPP technology enables food manufacturers to offer ready-to-eat products that are free from preservatives and additives while maintaining their nutritional and sensory properties. HPP equipment can process a high volume of products at a lower cost than other processing methods, such as thermal processing. Moreover, HPP uses water as a processing medium, which is a sustainable and eco-friendly alternative to chemicals and other processing agents.
• By Vessel Volume, the market is classified into Less Than 100L, 100L to 250L, 250L to 500L, and More Than 500L.
• The 100L-250L segment holds the largest market share in forecasting periods. High-Pressure Processing (HPP) equipment with vessel volumes ranging from 100 to 250 L is commonly used in the food industry for small to medium-scale production. HPP technology is a non-thermal pasteurization technique that uses high pressure to inactivate harmful microorganisms in food products, making them safer for consumption.
• By End-User, the market is classified into Food & Beverage Industry, and Pharma & Cosmetics Industry.
• The Food & Beverages Industry is predicted is grow with the highest CAGR in forecasting periods, due to rapid urbanization, improving consumer lifestyles, and high disposable income increasing the demand for on-the-go convenience foods. In addition, factors such as the growing millennial population, increasing population of working women, busy work schedules, and on-the-go consumption habit. The demand is increasing from bakery and dairy manufacturers. To improve the product's shelf-life and to prevent the product from contamination, the demand is increasing for food tray sealers. Its demand also increased in retail stores for packaging fresh food, fruits & vegetable.
• By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
• The Americas region is expected to hold the largest market share. Several factors are driving the increased demand for High-Pressure Processing (HPP) equipment in the Americas region. One of the primary reasons is the rising awareness of food safety among consumers, which has led to a greater demand for HPP equipment. HPP is a non-thermal pasteurization technique that utilizes high pressure to eliminate harmful microorganisms in food products, making them safer for consumption. Additionally, there is a growing demand for natural and minimally processed foods that are free of preservatives and additives, and HPP technology enables manufacturers to produce such products while preserving their taste, texture, and nutritional value. HPP technology also facilitates the production of ready-to-eat food products that are convenient and meet the needs of busy consumers in the Americas region who prefer fast and efficient food options. Finally, some countries in the region, such as the United States and Canada, have established government regulations requiring food products to meet specific safety and quality standards, and HPP technology has been recognized as a viable solution to meet these standards, resulting in an increased demand for HPP equipment.

Recent Development

• Quintus Technologies launched new high-pressure processing systems. - September 2021
• JBT-Avure launched a revolutionary new bulk high-pressure pasteurization technology: the flexibulk. - August 2021

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are American Pasteurization Company, Hiperbaric, S.A., JBT Corp., Kobe Steel, Ltd., etc.

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxemburg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Qatar, Nigeria, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global High Pressure Processing Equipment Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The publisher analyses the Global High Pressure Processing Equipment Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global High Pressure Processing Equipment Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
• Excel data sheet for the market size will also be provided with the report.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
• The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors
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Report Highlights:

• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.
• Market segmentation
• Competitive Analysis: Comparative analysis of competitor
• Historical, current, and projected size of the market based on value and volume
• Market size of the US states
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market