LONDON--(BUSINESS WIRE)--The global food industry freeze-drying equipment market is expected to grow at a CAGR of close to 3% from 2017-2021, according to a new market research report by Technavio.
Global food industry freeze-drying equipment market segmentation by product type and drying category
Technavio’s report on the global food industry freeze-drying equipment market analyses the business dimensions and presents a comprehensive breakdown in terms of market segmentation by product type, which includes continuous freeze-drying equipment and batch freeze-drying equipment. The continuous freeze-drying equipment is suitable for the high-volume production of dried food products and has a higher adoption rate among food processing plants, accounting for more than 67% of the market share in 2016.
Based on drying category, the global food industry freeze-drying equipment market has been segmented into tray freeze-drying equipment market and manifold freeze-drying equipment market. The degree of dryness is higher for food industry tray freeze-drying equipment. This has increased the adoption of food industry tray freeze-drying equipment in food processing plants.
“Owing to the rise in demand for the food industry tray freeze-drying equipment, manufacturers are focusing on delivering the equipment with improved features. For instance, food industry freeze-drying equipment offered by GEA Group features automated de-icing of condensers,” says Manu Gupta, a lead analyst at Technavio for food service research.
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Food industry freeze-drying equipment market: competitive vendor landscape
The key vendors that offer food industry freeze-drying equipment are Cuddon Freeze Dry, GEA Group, SPX FLOW, and Kemolo. Manufacturers of food industry freeze-drying equipment are focusing on attracting clients by offering different models of food industry freeze-drying equipment with various capacities as well as by offering customized solutions to clients. Vendors also need to comply with various strict regulations existing in the industry.
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Other topics covered in the report:
Market drivers:
- Convenient handling and storage offered by freeze-dried foods
- Growing adoption of freeze-drying technology in the food processing sector
Market challenges:
- High cost associated with food industry freeze-drying equipment
- Growing adoption of fresh food products
Market trends:
- Growing preference toward custom-built food industry freeze-drying equipment
- Growing preference for food industry freeze-drying equipment that uses CFC-free refrigeration compressors
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