According to a recently published report “Vertical High-Pressure Processing Market : Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the vertical high-pressure processing market in terms of market segmentation by process, by product type, by end user and by region.
The Vertical High-Pressure Processing Market is segmented by Processing into continuous processing and semi-continuous processing; by production into meat products, vegetables products and beverages; by end use into commercial and industrial sectors. The vertical high-pressure processing market is anticipated to record a CAGR of around 17.6% over the forecast period i.e. 2019-2027.
North America is anticipated to capture the largest market share based on changing consumer behavior with an increasing preference for packed food that can save the time of cooking the food. This is expected to be closely followed by the Europe region primarily due to rising demand for more durable food products from countries such as Germany & U.K. The Asia Pacific region is anticipated to face the highest demand with a CAGR of 13.5% primarily due to increasing demand for efficient equipment to carry out the food processing requirements especially from countries such as China and India.
Awareness among People
Rapid growth of population has consequently resulted in a rise in demand for food products and eatables packaged under a set pressure and temperature. Adoption of this method for sterilizing the food limits the usage of chemical preservatives that have proven to have detrimental effects on the health of consumer. Such factors have led to higher acceptance of vertical HPP packed products as compared to pasteurized foods products.
There are various initiatives and schemes introduced by government of different regions to promote pressure-based food packaging methods as this restricts the usage of chemical additives and preservatives to control food contamination.
However, high price, special packaging, limited output, concern of freshness is expected to act as a key restraint to the growth of vertical high-pressure processing market. Also, the availability of alternatives with superior features enabling higher throughput has resulted in limiting the demand for vertical HPP over the forecast period.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key players of the vertical high pressure processing which includes company profiling of Alberta Agriculture and Forestry, All Natural Freshness, American Pasteurization Company (APC), Astra Foods, Bay Grove, Calavo Grower, Campofrío, Cargill Meat Solutions, Fonterra Coop. Group and other prominent players. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the vertical high pressure processing that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.