Global Value of Food Vacuum Drying Machine Market Is Estimated To Be Worth Over USD 1,215 Million In 2022
The market
for food vacuum drying machines is expected to reach USD 1,728 Million by 2032,
growing at a CAGR of 3.6 percent from 2022 to 2032. The market is expected to
reach USD 1,215 Million in 2022.
Around 30%
of the total revenue made by the global food dryer market in 2021 came from the
global
food vacuum drying machine market. During the assessment period
of 2022–2032, the food vacuum drying machine industry is predicted to offer an
absolute dollar opportunity of USD 513 Million.
Quality
retention, which is a significant area of concern in the food industry, has a
significant impact on the growth of the market for food vacuum drying machines.
The manufacturing processes are under close examination due to the regulations
that are enforced on product quality and relevant specifications.
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The
increasing number of food projects that have been scheduled over time has had a
significant impact on the market for food vacuum drying machines' current
growth curve. The global trend toward customised food vacuum drying equipment
is significantly bolstering the growth aspects of the industry. This will
further encourage manufacturers to develop solid strategies and broaden the
scope of their product specialties.
Additionally,
the popularity of customised food vacuum dryers is reviving the entire value
chain process, which is encouraging for the market expansion for food vacuum
dryers. The demand from food applications is set to sway the global market for
food vacuum drying machines, creating promising aspects for manufacturers. OEMs
and Aftermarket play a crucial role in the Food Vacuum Drying Machines Market.
Continuous
vacuum freeze belt dryers are expected to have the highest market value by
product type by 2028. Continuous vacuum belt dryers are expected to outpace all
other product types in terms of growth, expanding at the highest CAGR of 3.7
percent. According to operating principle, indirect drying will outperform
direct drying in terms of revenue.
It is
anticipated that indirect drying will outperform direct drying in terms of
growth. During the assessment period of 2018 to 2028, indirect drying is
expected to grow at a CAGR of 3.2%. In 2018, North America stood out with a
sizable market share, and by the end of 2028, this region is likely to be in
the lead.
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The use of
superheated steam dryers is anticipated to become a growing trend as a result
of their many benefits, including energy recovery, rapid drying, reduced
equipment size and capital cost, minimal environmental impact, and many more.
One of the most anticipated trends in the upcoming market environment is the
consolidation and growth of the market.
Manufacturers'
reliance on mergers and acquisitions is expected to increase as they try to
keep up with demand, access lucrative APAC markets, and strengthen their
positions in developed nations like Europe and North America.
With fewer
players holding about two-thirds of the global market share, the market for
food vacuum dryers is anticipated to be highly competitive. Food vacuum drying
machine manufacturers have undergone a significant evolution, particularly in
China and at regional frontiers. The availability of sophisticated
manufacturing technology and affordable machinery is to blame for this
proliferation.
On the other
hand, a number of governmental regulations regarding the design and development
of vacuum drying machines, a high rate of power consumption, and the shelf life
of machines are some of the major barriers likely to stymie the growth of the
global market. In the wake of several realisations related to price correction,
the manufacturers are predicted to pursue long-term supply contracts.
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Global Food Vacuum Drying Machine Market
Segments
- By
Product Type :
- Continuous Vacuum Belt
Dryers
- Continuous Vacuum Freeze
Belt Dryers
- Vacuum Drying Cabinets
- Pilot Vacuum Dryers
- By
Operating Principle :
- Direct Drying
- Indirect Drying
- By
Mesh Type :
- Plain Weave
- Twill Weave
- Plain Dutch Weave
- Twill Dutch Weave
- Reverse Dutch Weave
- Five Heddle Weave
- By
Material Type :
- Polyester
- Polyamide
- Poly-ether-ether-ketone
- Other
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