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Deodorization Systems Market Segmentation By Technology Type (Thin Film and Packed Column); By Edible Oil Type (Sunflower Oil, Olive Oil, Peanut Oil, Coconut Oil, Soybean Oil, Palm Oil and Others); By Refining Method Type (Physical Refining and Chemical Refining); By Operation Type (Batch Deodorization Systems, Semi-continuous Deodorization Systems and Continuous Deodorization Systems); By Component Type; By End Users - Global Demand Analysis & Opportunity Outlook 2028

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Extensive insights into the Growth of Deodorization Systems Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Introduction to Deodorization Systems

Deodorization is a process in which good quality steam is used to vaporize unwanted volatile compounds and free fatty acids present in crude edible oil at the processing stage. The deodorization is carried at a temperature ranging from 210 to 270◦C and under vacuum of 1-5mm. The deodorization is a combination of three different operations distillation, actual deodorization and heat bleaching. The deodorization is the last step for the preparation of oil to use it as an ingredient in margarine, cooking oil, hard butters and various other products in food industry. Deodorization creates oil characteristics of odour and flavour which are readily recognized by consumers.

Market size and Forecast

The surge in the adoption of deodorization systems on the back of rising production of edible oil is driving the growth of the market. Further, the increasing concerns for high nutritional value in edible oil for domestic purpose are boosting the market growth. Additionally, the rising consumer tendency towards cost efficient products along with the increasing environmental concerns is driving the demand for deodorization systems. Globally, rising industrialization is leading to the increased usage of nanoneutralization deodorization technology owing to enhancement in refining operations. Driven by these prominent factors along with the growth in oil industry, the market for deodorization systems is anticipated to record a significant CAGR of around 4.70% during the forecast period, 2020-2028.

Deodorization Systems Market Graph

Based on technology type, the deodorization systems market is segmented into thin film and packed column, out of which, packed column is estimated to grow at fastest rate on the back of its ability to take on a dual temperature system, which helps to operate in two different temperatures. Further, the deodorization system achieves preferable balance owing to dual temperature system and assists the processing of edible oil at different temperatures and pressure needs.CLICK TO DOWNLOAD SAMPLE REPORT

Growth Drivers

Technological Developments

The rising technological advancements in order to control certain limitations associated with the processing of edible oil are fostering the growth of the market. The limitations are related to high processing capacities and heat recovery systems in the process. Further, the rising demand for larger capacity in refining process along with the strict regulations on edible oil nutrition is accelerating the market growth. The research & development is focusing on to reduce the cost of production and to ensure better stability of tocopherol content in edible oils.

Rising Consumer Awareness

The growing consumer awareness towards healthier edible oils owing to the rising production of edible oils and chemical refining is driving the market growth. The chemical refining reduces fatty acid content in crude oil and is relatively efficient method, which in turn, is boosting the growth of the market during the forecast period.

Restraints

High Energy Consumption

The consumption of high energy on the back of heat recovery technologies along with the technical problems during the processing of oil is hampering the growth of the market over the forecast period.

Market Segmentation

Our in-depth analysis of deodorization systems includes the following segments:

By Technology Type

  • Thin Film
  • Packed Column

By Edible Oil Type

  • Sunflower Oil
  • Olive Oil
  • Peanut Oil
  • Coconut Oil
  • Soybean Oil
  • Palm Oil
  • Others

By Refining Method Type

  • Physical Refining
  • Chemical Refining

By Operation Type

  • Batch Deodorization Systems
  • Semi-continuous Deodorization Systems
  • Continuous Deodorization Systems

By Component Type

  • Towers
  • Coolers
  • Pumps
  • Tanks

By End Users

  • Refineries
  • Others

By Region

On the basis of regional analysis, the deodorization systems market is segmented into five major region including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market for deodorization systems in Asia Pacific is anticipated to dominate the region on the back of increasing demand for deodorization solutions along with industry favourable policies. Further, the surge in the number of manufacturers for setting up new refineries and increasing export of equipments is fostering the market growth. The emerging nations such as India and China are leading in research activities in order to meet the demand for edible oil in the region. The North America region is estimated to witness lucrative growth in the market on the account of high industrial growth along with the growing population in the region.

The deodorization systems market is further classified on the basis of region as follows:

Global Deodorization Systems Market Image

  • North America (US and Canada) Market size, Y-O-Y growth and Opportunity analysis.
  • Europe (Italy, France, Spain, UK, Germany, Russia and Other parts of Europe) Market size, Y-O-Y growth and Opportunity analysis.
  • Asia Pacific (India, China, South Korea, Japan, Australia and rest of Asia Pacific) Market size, Y-O-Y growth and Opportunity analysis.
  • Latin America (Argentina, Peru, Brazil, Mexico and other parts of Latin America) Market size, Y-O-Y growth and Opportunity analysis.
  • Middle East & Africa (Saudi Arabia, Egypt, United Arab Emirates and South Africa) Market size, Y-O-Y growth and Opportunity analysis.

Top Key Players Dominating the Market


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