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Food Industry Vacuum Cooling Equipment Market: Global opportunity analysis and industry forecast, 2020-2027

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Sep 2020 | 173 Views
 
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Vacuum cooling is an important process for food industry. Vacuum cooling process is performed to remove the moisture and to cool the food products so that the shelf life on these food products can be increased. There is rise in demand for the packaged food and to maintain the quality of food products, vacuum cooling is required. Vacuum cooling is also used in baked product so that the shelf life of bakery products increases. This can be the key factor which will drive the food industry vacuum cooling market. Food industry vacuum cooling equipment industry is evolving and becoming technically advanced. Screw vacuum pump is the example of technological advancement in vacuum industry.

 

Market scope and structure

                  Report Metric

                                             Details

  Market size available for year

  2020–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, application and Region

  Companies covered

Major players analyzed include Agrimaint Inc., BVT Bakery Services BV, Dekker Vacuum Technologies Inc., Dongguan COLDMAX Ltd, Dongguan Huaxian Technology Co Ltd, KoolJet, SHENZHEN ALLCOLD Co Ltd, Southern Vacuum Cooling Inc., ULVAC Inc, Weber Cooling International BV

 

 

Regions covered

North America

Europe

Asia-Pacific

LAMEA

U.S., Canada and Mexico

Germany, France, UK, Italy, Spain and the Rest of Europe

China, Japan, India, South Korea and the Rest of Asia Pacific

Latin America, Middle East and Africa

 

 

 

 

 

 

 

 

COVID-19 scenario analysis:

  • The demand for vacuum cooling equipment is expected to decrease in the year 2020 due to low demand from food industry.
  • COVID-19 pandemic has shut-down the production of various products in the food industry vacuum cooling equipment industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of food industry vacuum cooling equipment market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of corona virus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors:

Vacuum cooling is emerged as an important process in the food industry. This process is required to maintain the freshness and quality of the food products such as bakery products, vegetables, packaged foods and dairy products. As the demand for packaged food is rising, companies in food industry are more inclined towards producing packaged foods and for those packaged food storage vacuum cooling equipment is required. This is driving the growth of the food industry cooling equipment market. 

Use of new technology:

Food industries have started using new technologies for the vacuum cooling of the food products. Rather than using rotary vane vacuum pumps, industries are using screw vacuum pumps. Rotary vane vacuum pump requires oil for its operation unlike the screw vacuum pump. Screw vacuum pump is more efficient in working than rotary vane vacuum pump and screw vacuum pump also requires less maintenance. 

In January 2019, Edwards, UK based manufacturer of vacuum pump launched a series of EDS screw vacuum pumps with different variants. EDS screw vacuum pump comes up with air and water cooled model and it can be used in various industries. EDS screw vacuum pump is very effective in food industry as it provides rapid cooling with less power consumption. It can be used for various industries such as food
industry, agriculture industry and chemical industry.

Use of vacuum cooling for bakery products: Vacuum cooling is very important process for bakery products. The quality of the product is improved with the help of vacuum cooling.

Vacuum cooling is used for the different types of breads. Gluten free breads take more time to cool. But with the use of vacuum cooling, it is possible to cool the bread in less time so that further processes can be carried out. Due to the vacuum cooling, the moisture which is present in the bread is taken out so that bread will be crispy for longer duration and quality will also be maintained.

Vacuum cooling is also required for cakes. As, cake contains the ingredients by which bacteria can be formed, it is necessary to use vacuum cooling so that less bacteria will form and cake will have longer shelf life.

Vacuum cooling equipment is widely used in bakeries because the shelf life of bakery products is less. There is high demand for bakery products and bakeries have to maintain the quality of the product. This can be done with the help of vacuum cooling equipment and hence, this can prove to be the driving factor for the growth of food industry vacuum cooling equipment.

Key segments covered:

              Segments

                                  Sub-segments

  Cooling Type

 

  • Air cooled screw vacuum pump
  • Water cooled screw vacuum pump

 

  Applications

 

  • Baked Products
  • Meat Products
  • Fruits & Vegetables (F&V)
  • Others

 

  Type

 

  • Vertical vacuum cooling equipment
  • Horizontal vacuum cooling equipment

 

Key benefits of the report:

  • This study presents the analytical depiction of the food industry vacuum cooling equipment market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the food industry vacuum cooling equipment market growth scenario.
  • The report provides a detailed market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
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