DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "High Pressure Processing Equipment Market by Orientation Type - Global Forecast to 2022" report to their offering.
The high pressure processing equipment market, estimated at USD 238.9 million in 2015, is projected to grow at a CAGR of 11.26%, to reach USD 500.3 million by 2022
The market is primarily driven by factors such as increased production use of different sizes of vessels, widening applicability of high pressure processing equipment, and increased expenditure in R&D by manufacturers. The primary restraining factor for this market is the high cost of installation and maintenance of the equipment, which is unaffordable to many food manufacturers. The high growth potential in the North America region and untapped regions of Asia-Pacific provides new growth opportunities for the market players.
On the basis of orientation type, the high pressure processing equipment market was led by the horizontal segment followed by vertical. Horizontal equipment is being increasingly used globally, due to its easier loading and unloading options as compared to those of vertical equipment. The use of this equipment differs in accordance with the product requirements.
On the basis of vessel volume type, the 100 to 250L segment led the high pressure processing equipment market. Equipment of this category is being increasingly used by small and medium enterprises for processing packaged meat products. The less than 100L category is estimated to be the fastest growing as it is easier to maintain and requires lesser manpower.
Leading players profiled in this report:
- Avure Technologies Inc. (U.S.)
- Bao Tou KeFa High Pressure Technology Co., Ltd. (China)
- CHIC FresherTech (China)
- Hiperbaric Espana (Spain)
- Kobe Steel Ltd. (Japan)
- Multivac Sepp Haggenmuller SE & Co. KG (Germany)
- Next HPP (U.S.)
- Stansted Fluid Power Ltd (U.K.)
- ThyssenKrupp AG (Germany).
- Universal Pasteurization Co. (U.S.)
For more information about this report visit http://www.researchandmarkets.com/research/dhgr6d/high_pressure