Non-Thermal Pasteurization Market Analysis and Global Forecast to 2026
Non-Thermal Pasteurization Market by Technique (HPP, PEF, MVH, Irradiation, Ultrasonic, and Others), Form (Solid and Liquid), Application, and Region (North America, Europe, Asia Pacific, South America, RoW) - Global Forecast to 2026
(EMAILWIRE.COM, May 10, 2021 ) The non-thermal pasteurization market is estimated to account for about USD 1.3 billion in 2020 and is projected to reach a value of about USD 3.9 billion by 2026, at a CAGR of 19.8%. The growth of the convenience food sector, which includes products such as frozen foods and ready-to-eat foods, has increased the demand for non-thermal pasteurization, as these technologies reduce the processing time and increase the production capacity to meet the growing market demand. However, high capital investment is hampering non-thermal pasteurization market growth.
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By technique, the PEF segment is estimated to grow at the highest CAGR in the next five years. This technology preserves the freshness of food products as well as aids in extending their shelf life. It also accommodates consumer demand for natural, fresh, and minimally processed foods, as no preservatives or additives are added to products. Although PEF is new compared to HPP, it has been accepted globally by the processed potato industry. Due to these factors, the market is projected to grow at a significant rate in the future.
By application, the beverages segment is estimated to grow at the highest CAGR during the forecast period. Non-thermal processes such as PEF and HPP are increasingly preferred in the beverage industry, as they effectively increase the shelf life of beverages and prevent microbial development. Additionally, colors, flavors, and nutrients can be efficiently preserved with the help of this technology. This technology helps in preserving nutrient, color, and flavor in products; and also enables gentle preservation of beverages at ambient temperature. Thus, these factors are expected to fuel the market growth.
By food form, the solid segment is estimated to have a larger market share in the forecast period. This is due to the usage of non-thermal pasteurization techniques in food products such as cheese, jellies, jam, processed food, meat products, etc. However, various technologies such as HPP and PEF are used to enhance the extraction of several bioactive components and sugars to preserve the food for a longer period of time.
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The key players in this market include JBT (US), Bosch (Germany), Hiperbaric (Spain), ThyssenKrupp AG (Germany), Kobe Steel, Ltd (Japan), Multivac (Germany), Stansted Fluid Power Ltd (UK), CHIC FresherTech (US), Nordion (Canada), Dukane (US), Elea Technology (Germany), Pulsemaster (Netherlands), Baotou KeFa High Pressure Technology Co., Ltd (China), Symbios Technologies (US), Harwood Engineering Company, Inc (US), EXDIN Solutions (Poland), NextHPP (US), Gray*Star (US), Universal Pure (US), and American Pasteurization Company (US).
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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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Suite 430
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By technique, the PEF segment is estimated to grow at the highest CAGR in the next five years. This technology preserves the freshness of food products as well as aids in extending their shelf life. It also accommodates consumer demand for natural, fresh, and minimally processed foods, as no preservatives or additives are added to products. Although PEF is new compared to HPP, it has been accepted globally by the processed potato industry. Due to these factors, the market is projected to grow at a significant rate in the future.
By application, the beverages segment is estimated to grow at the highest CAGR during the forecast period. Non-thermal processes such as PEF and HPP are increasingly preferred in the beverage industry, as they effectively increase the shelf life of beverages and prevent microbial development. Additionally, colors, flavors, and nutrients can be efficiently preserved with the help of this technology. This technology helps in preserving nutrient, color, and flavor in products; and also enables gentle preservation of beverages at ambient temperature. Thus, these factors are expected to fuel the market growth.
By food form, the solid segment is estimated to have a larger market share in the forecast period. This is due to the usage of non-thermal pasteurization techniques in food products such as cheese, jellies, jam, processed food, meat products, etc. However, various technologies such as HPP and PEF are used to enhance the extraction of several bioactive components and sugars to preserve the food for a longer period of time.
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The key players in this market include JBT (US), Bosch (Germany), Hiperbaric (Spain), ThyssenKrupp AG (Germany), Kobe Steel, Ltd (Japan), Multivac (Germany), Stansted Fluid Power Ltd (UK), CHIC FresherTech (US), Nordion (Canada), Dukane (US), Elea Technology (Germany), Pulsemaster (Netherlands), Baotou KeFa High Pressure Technology Co., Ltd (China), Symbios Technologies (US), Harwood Engineering Company, Inc (US), EXDIN Solutions (Poland), NextHPP (US), Gray*Star (US), Universal Pure (US), and American Pasteurization Company (US).
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Contact Information:
MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results