Food Vacuum Machine Global Market 2024 To Reach $21.22 Billion By 2028 At Rate Of 7.1%
The Business Research Company’s Food Vacuum Machine Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033
LONDON, GREATER LONDON, UNITED KINGDOM, October 8, 2024 /EINPresswire.com/ -- The food vacuum machine market has experienced robust growth in recent years, expanding from $15.12 billion in 2023 to $16.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to food preservation needs, rise in convenience foods, expansion of food retail, prevention of oxidation and spoilage, stringent food safety regulations, demand for extended shelf life, reduction of food waste.
What Is The Estimated Market Size Of The Global Food Vacuum Machine Market And Its Annual Growth Rate?
The food vacuum machine global market is projected to continue its strong growth, reaching $21.22 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to consumer demand for freshness, increased focus on sustainable packaging, expansion of ready-to-eat market, innovations in machine design, demand for portability and compact machines. Major trends in the forecast period include food preservation technologies, innovation in machine design and features, integration of smart technologies, customized packaging solutions.
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Growth Driver Of The Food Vacuum Machine Market
The increase in demand for ready-to-eat (RTE) food is expected to propel the growth of the market. Ready-to-eat food is a meal that has been prepared and packaged before serving and requires no additional preparation or cooking. Consumers have been shifting away from openly or loosely offered food products to consuming hygienically packaged fortified RTE foods using food vacuum machines due to rising literacy rates and cleanliness standards.
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Who Are the Leading Competitors in the Food Vacuum Machine Market Share?
Key players in the food vacuum machine market include Ulma Packaging S.A.R.L., Proseal Group, Multivac Group, Electrolux Professional AB, Henkelman GmbH & Co. KG, Henkovac International BV, PromarksVac Corp., Sammic SL, Technopack Corporation, Sipromac, Webomatic Maschinenfabrik GmbH, Bizerba SE & Co. KG, Dadaux SAS, Metos Instruments Pvt. Ltd., Ridat Company, Reiser Maschinenfabrik GmbH, Accu-Seal Corporation, AmeriVacS, Ary VacMaster Inc., Boss Vakuumverpackungstechnik GmbH, Busch LLC, CVP Systems Inc., Dixie Vac Services, Elmo Rietschle GmbH, Duravant LLC, Fuji Impulse Co. Ltd., GEA Group AG, Hefei Chunhui Machinery Manufacturing Co. Ltd., HFM Packaging Machinery Co. Ltd., China National Packaging Machinery Corporation, Ishida Co. Ltd., JBT Corporation, Komet Maschinenfabrik GmbH.
Which Key Trends Are Driving Food Vacuum Machine Market Growth?
Technological innovation is a key trend in the food vacuum machine market. Companies are focusing on innovation to achieve efficiency and meet consumer demand.
How Is The Global Food Vacuum Machine Market Segmented?
1) By Machinery Type: Chamber Vacuum Machines, External Vacuum Machines, Tray Sealing Machines
2) By Application Type: Bakery and Confectionery Products, Beverages, Meat and Seafood, Snacks and Savories, Convenience Food, Dairy and Frozen Desserts, Sauces, Dressings, Spices, and Condiments, Fruits and Vegetables, Prepared Food, Other Applications
3) By End-User Type: Industrial, Commercial, Domestic
Geographical Insights: North America Leading The Food Vacuum Machine Market
Asia-Pacific was the largest region in the food vacuum machine market in 2023. The regions covered in the food vacuum machine global market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Food Vacuum Machine Market Definition
The food vacuum machine refers to a machine used for packaging food items by removing air from the packet before it is sealed. The food vacuum machine decreases atmospheric oxygen, inhibiting aerobic bacteria or fungus growth, and stops volatile substances from evaporating. It is used to extend the shelf life and improve the overall quality of food.
Food Vacuum Machine Global Market Report 2024 from The Business Research Company covers the following information:
•Market size data for the forecast period: Historical and Future
•Macroeconomic factors affecting the market in the short and long run
•Analysis of the macro and micro economic factors that have affected the market in the past five years
•Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
•Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global food vacuum machine market report covering trends, opportunities, strategies, and more
The Food Vacuum Machine Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on food vacuum machine market size, food vacuum machine market drivers and trends, food vacuum machine market major players, food vacuum machine competitors' revenues, food vacuum machine market positioning, and food vacuum machine market growth across geographies. The food vacuum machine global market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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