LONDON--(BUSINESS WIRE)--Technavio market research analysts forecast the global food industry vacuum cooling equipment market to grow at a CAGR of close to 7% during 2018-2022. The rise in the use of screw vacuum pumps is a key trend, which is expected to impact the growth of the market.
Vacuum cooling was available with oil-lubricated rotary vane vacuum pumps. This technology is replaced by screw vacuum pumps which can be operated without oil or other operating fluids. These pumps offer high pumping speed at low operating pressures. They also require less maintenance as compared to conventional pumps.
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In this report, Technavio researchers identify the increasing emphasis on maintaining the quality of food as one of the key factors contributing to the global food industry vacuum cooling equipment market:
Increasing emphasis on maintaining the quality of food
The quality and safety of food is a global concern for various consumers. Therefore, vacuum cooling is used to meet the need for maintaining the quality of food products. Vacuum cooling offers rapid evaporative cooling which helps in preserving the freshness of food products. These food products are crisper than conventionally baked and cooled products.
“Vacuum cooling is conducted in controlled conditions which helps to reduce the impact of microorganisms on food products. Vacuum cooling is thus used for cooling various food products such as baked products, meat products, and readymade food. Therefore, the rise in emphasis on maintaining the quality of food will boost the demand for vacuum cooling equipment during the forecast period,” says a senior analyst at Technavio for food service research.”
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Global food industry vacuum cooling equipment market - segmentation and analysis
This market research report segments the global food industry vacuum cooling equipment market by application (baked products, meat products, fruits and vegetables, and readymade food) and key regions (Americas, APAC, and EMEA).
The bake products segment accounted for more than 33% of the market in 2017. The rising popularity of bakery products will lead to the growth of this segment during the forecast period. In 2017, the Americas dominated the global food industry vacuum cooling equipment market with a revenue share of more than 38%, followed by EMEA and APAC.
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