Increasing demand for ready to eat meals which require vacuum packaging and rising need to preserve fresh food items for a longer duration are some key factors driving food vacuum machine market revenue growth
Market Size – USD 11.94 Billion in 2020, Market Growth – at a CAGR of 4.7%, Market Trends – Increasing integration of automation in packaging machines for producing more packaged products in lesser time and to increase efficiency
Growing awareness about use of sterile packaging in order to restrict contamination in food products is another key factor expected to propel growth of the food vacuum machine market going ahead. Increasing integration of automation in food vacuum machines to increase operational efficiency is also expected to boost food vacuum machine market growth to a significant extent.
Increasing demand for transparent and light-weight packaging is expected to drive revenue growth of flexible packaging segment since it is lightweight and cheaper packaging cost, which is expected to lead in terms of revenue contribution to the food vacuum machine market during the forecast period.
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Some Key Highlights From the Report
- In terms of revenue share, the ready to eat segment is expected to register significant growth over the forecast period due to increasing demand for ready to eat products among the working demography.
- Factors such as rising disposable income among consumers in countries in Asia Pacific due to busy lifestyle, hectic work schedule, and increasing preference towards precooked meals is expected to drive growth of the market in the region during the forecast period.
- Key players in the market include ULMA Packaging Limited, John Bean Technologies Corporation Limited, MULTIVAC Sepp Haggenmuller Verwaltungs SE, Electrolux Professional Limited, Henkelman Vacuum, Henkovac International B.V., Promarksvac Corporation Limited, NutriChef Kitchen, LLC, Metos Oy Ab, and Astrapac Midlands Limited
- In October 2020, ULMA Packaging Limited, started its operation in Columbia, Latin America, with a new subsidiary in Bogota, with an aim to project the company as a leading food vacuum packaging solutions provider globally. It will reach a market of over 50 million people with a local presence in Bogota.
Food Vacuum Machine Market Segmentation:
Emergen Research has segmented the food vacuum machine market on the basis of machinery type, packaging type, end-use, application, and region:
- Machinery Type Outlook (Revenue, USD Billion; 2018–2028)
- Chamber Vacuum Machines
- External Vacuum Sealers
- Tray Sealing Machines
- Packaging Type Outlook (Revenue, USD Billion; 2018–2028)
- Semi Rigid
- End-use Outlook (Revenue, USD Billion; 2018–2028)
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Ready to Eat Products
- Fish and Meat
- Sauces and Dressings
- Cooked Meals
- Ice Cream
- Milk and Milk Products
Key Geographical Segments:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Factors influencing market remuneration:
- The global Food Vacuum Machine market report includes a detailed study of the product spectrum of the market and further describes the different product types, including One-sided, Two-sided, and Others.
- The report zeroes in on the overall market dynamics and presents information with regard to the producers and distributors, manufacturing cost structure, and downstream buyers.
- Details pertaining to the expected growth rate, industry share, revenue accumulated, and product segmentationare depicted in this report.
- The application landscape of the global Food Vacuum Machine market can be categorized into For Human, For Animals, and Others.
- The study further examines the industry share and product demand of each application, coupled withthe predicted growth patterns of the various application segments.
- Other vital factors, such as market concentration ratioand raw material processing rate, have also been covered under the latest study.
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Food Vacuum Machine Market Segmentation & Impact Analysis
4.1. Food Vacuum Machine Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
184.108.40.206. Rising preference for easy-to-use packaging
220.127.116.11. Growing interest in rack steady and ready to eat products
18.104.22.168. Growing need for sterile packaging
22.214.171.124. Increasing introduction of advanced and innovative food
4.2.3. Market restraints analysis
126.96.36.199. High setup and operating cost of machinery
188.8.131.52. High manufacturing cost of foils and parcels that are used for packaging.
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Food Vacuum Machine Market By Machinery Type Insights & Trends, Revenue (USD Billion)
5.1. Machinery Type Dynamics & Market Share, 2021–2028
5.1.1. Chamber Vacuum machines
5.1.2. External Vacuum sealers
5.1.3. Tray Sealing Machines
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