A recent
report ongoing study by Infinium Global Research on the high pressure
processing market provides an in-depth analysis of segments and sub-segments in
the global as well as regional high pressure processing market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional high pressure processing market over the short term as well
as long term. The report is a comprehensive presentation of trends, forecasts,
and dollar values of the global high pressure processing market. According to
the report, the global high pressure processing market is projected to grow at
a CAGR of 11% over the forecast period of 2022-2028.
The global
high pressure processing market was valued at about USD 500 Million in 2022 and
is expected to reach over USD 950 Million in 2028, with a CAGR of over 11%
during the forecast period. High pressure processing (HPP) is a technology that
is used as a natural option for processing an extensive range of food products.
It is a freezing pasteurization technique in which the final packed products
are introduced into a container and then the container is subjected to the
maximum level of isostatic pressure put by water. The high pressure removes the
bacteria, yeasts, molds, parasites, and viruses present in food, extending the
life of the product and guaranteeing the safety of food. It eliminates the need
for thermal degradation. HPP is a natural and environmentally friendly process
that helps in maintaining the characteristics of the ingredient (such as
nutrients) and the flavor.
The COVID-19
pandemic has had an effect on manufacturing and demand in several regions.
Furthermore, it severely impacted various small to medium-sized businesses,
significantly disrupting demand for Lecithin. The global economic condition
COVID19 has affected the high pressure processing market significantly. This
can be because of the actual fact that there have been the closures of several
manufacturing units of the high pressure processing companies within the
forecast period. The govt. regulations regarding transport bans have resulted
in short-term disruptions within the transport of ultimate products to the
market. This affected the expansion of the market during the covid-19 pandemic
within the forecast period
The growing
awareness about health among consumers and rising demand for packaged food and
vegetables fuel the growth of the high pressure processing market. In addition,
the rise in demand for fruits and vegetables is expected to surge the demand
for high pressure processing, thereby fueling the growth of the high pressure
processing market. The top impacting factors of the high pressure processing
market for global fruit and vegetable are the upsurge in demand for high
pressure applications in various products such as fruit, vegetables, nuts, and
baby food. Moreover, economic growth in countries, such as Brazil, South
Africa, Colombia, and Argentina, drives the growth of the packaged food
industry, which, in turn, increases the demand for high pressure processing to
manufacture packaged meat products and food processing products, which fuels
the growth of the high pressure processing market. On the other hand, the
adoption of high pressure processing for seafood processing is anticipated to
create growth opportunities for the market. However, the high cost of high
pressure processing and fluctuation in raw material prices limit the growth of
the high pressure processing market
Based on the
region, the worldwide high pressure processing market is segmented into the
Asia Pacific, North America, Europe, and the Middle East & Africa. North
America is anticipated to witness the biggest market share over the forecast
period. Favorable regulations within the US have driven the demand for the high
pressure processing market during the forecast period. HPP is widely used for
meat products and seafood products rather than juice products. This will
enhance the growth of the market within the Europe region. Asia Pacific region
is expected to dominate the growth of the market during the forecast period. The
rising presence of major market players is expected to propel the growth of the
region
The report
on the global high pressure processing market covers segments such as vessel
volume and application. On the basis of vessel volume, the sub-markets include
less than 100l, 100l – 250l, 251l – 500l, and more than 500l. On the basis of
application, the sub-markets include fruits & vegetables, beverages,
seafood, meat, and others.
The report
provides profiles of the companies in the market such as Avure Technologies
Inc, Chic Freshertech, and Baotou Kefa High Pressure Technology Co. Ltd,
Hiperbaric Espana, Multivac Sepp Haggenmüller GmbH, Kobe Steel Ltd,
Thyssenkrupp Ag, Stansted Fluid Power Ltd, Beskyd Frycovice A.S, and Motivatit
Seafoods L.L.C.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the high pressure processing market. Moreover, the study highlights current market trends and provides forecasts for 2022-2028. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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