The Global Market for HPP (High Pressure Processing) Equipment is Projected to Reach US$632.8 Million by 2020
Strong Demand for Convenience Food & Stringent Food-Safety
Regulations Drive the HPP Equipment Market, According to a New Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global HPP (High Pressure Processing) Equipment market.
The
global market for HPP (High Pressure Processing) Equipment is projected to
reach US$632.8 million by 2020, driven by the growing consumer demand
for organic packaged food and regulatory clampdown on food safety standards.
The world market for HPP
(High Pressure Processing) equipment is witnessing growth, spurred by the
ever-growing demand among health-conscious consumers for organic and natural
packaged convenience food. The growing consumer emphasis on product quality and natural
food flavour retention is also benefiting the use of HPP equipment in food processing.
By using hydrostatic pressure instead of heat, synthetic preservatives or
sodium, high pressure processing decontaminates
food, while retaining original organoleptic characteristics such as taste,
flavour and texture. HPP equipment has proven effectiveness in preventing food
spoilage and contamination with food-borne pathogens including bacteria, viruses,
molds, and yeasts. The use of HPP equipment minimizes nutrient destruction in food stuffs,
while improving the safety and extending shelf life
of food and beverage products. Moreover, the technique is suitable for decontaminating pre-packaged food
products. HPP has therefore
emerged as one of the most promising non-thermal, non-chemical food
preservation technologies adopted by food scientists, technologists and
engineers across the globe.
Demand for HPP machines is growing due to the
ever-expanding range of commercialized HPP-treated products including vegetables,
fruits, juices, beverages, meat, seafood, dairy products, and ready to eat meals. In addition, applications of HPP equipment is expanding beyond food preservation to
shucking shellfish, surimi processing, as well as tenderizing meat and starch gelatinization.
Stringent national and international
food-safety laws, as well as the opportunity for labeling products as ‘clean’,
‘preservative-free’, and ‘natural’, and ‘raw’ provide strong incentive for food
processing companies to adopt HPP equipment. HPP food processing allows
food manufacturers to innovate and differentiate their products in the
marketplace.
The market stands poised to benefit from the booming popularity of HPP-treated
fruit and vegetable juices in North America and Europe. One of the biggest challenges
to growth in the market is the high cost of HPP
equipment. Owing to the high cost of installing HPP equipment into
existing production lines, several food product manufacturers are opting for
HPP tolling services. Researchers are exploring ways
to supplement HPP with traditional preservation methods and other non-thermal
preservation techniques such as HPEF,
PATP, and UV light to produce optimum results for food producers and consumers.
As stated by the new
market research report on HPP
(High Pressure Processing) Equipment, the United States represents the
largest market worldwide. Europe ranks as the fastest growing market with a
CAGR of 16% over the analysis period. Vegetable & fruits constitute the
largest end-use application for HPP equipment, while beverage & juices are
expected to record the fastest CAGR during the analysis period.
Major players in the
market include Avure Technologies Inc., Baotou Kefa High Pressure Technology
Co. Ltd., FresherTech North America, HIPERBARIC S.A., Kobe Steel, Ltd., MULTIVAC
Sepp Haggenmüller GmbH & Co. KG, Next
HPP, Stansted Fluid Power Ltd, and Uhde High Pressure Technologies
GmbH.
The research report titled
“HPP
(High Pressure Processing) Equipment: A Global Strategic Business Report”
announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers,
acquisitions and other strategic industry activities of global companies. The report provides market estimates and
projections for all major geographic markets such as the US, Canada, Europe,
Asia-Pacific, and Rest of World. Key end-use
applications analyzed include Vegetables & Fruits, Beverage & Juices,
Meat, Seafood, Others.
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