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Blast Chillers Market Growth Accelerated by Rapid Adoption of Automated Systems in Food Processing Sector

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Sumedha

Blast chillers are advanced refrigeration equipment that help rapidly cool or freeze cooked food without degrading its texture, taste, and quality. They work by circulating chilled air at high velocities of 300-400 feet per minute to quickly lower the temperature of hot food. Blast chillers play a vital role in commercial kitchens by helping restaurants and cafeterias rapidly chill cooked meals to safe temperatures or freeze them for future use within a few hours rather than overnight. This allows for improved food safety, more efficient food production processes, reduced food waste, and better menu planning.


The global Blast Chillers Market is estimated to be valued at US$ 2.24 billion in 2024 and is expected to exhibit a CAGR of 15% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.


Market Opportunity:

Growing demand from the food service industry represents a major opportunity for the blast chillers market. The food service industry is expanding rapidly due to rising disposable incomes, urbanization, and busy lifestyles prompting greater dining out. Restaurants, hotels, cafeterias, and catering companies are increasingly relying on blast chillers to safely store and rapidly chill pre-cooked meals while maintaining food quality. The equipment helps food service operators efficiently handle more customers during peak hours without compromising on food safety. They allow chefs to prepare large batches of food in advance that can then be rapidly cooled for storage and future use as per demand. This streamlines kitchen workflows and food production processes, enhancing business profitability. Rising food service industry worldwide will thus augur well for increased sales of commercial blast chillers in the coming years.


Porter's Analysis

Threat of new entrants: Low capital requirements and little-to-no brand loyalty makes it easy for new players to enter the market. However, established players enjoy significant economies of scale and brand awareness.


Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitute products. However, product quality and features along with branding play an important role.


Bargaining power of suppliers: A few large suppliers exist for key components increasing their bargaining power. However, the availability of substitute components balances it.


Threat of new substitutes: Substitutes like gantry chilling systems provide competition. However, blast chillers cater to rapid and consistent chilling needs.


Competitive rivalry: Intense competition exists among established players to gain market share through product innovation, quality, and branding.


SWOT Analysis

Strengths: Rapid and uniform chilling, energy efficiency, food safety compliance.

Weaknesses: High initial costs, maintenance requirements.

Opportunities: Growth in food service industry, rising demand in developing nations.

Threats: Substitute technologies, supply chain disruptions, economic slowdowns.


Key Takeaways

The Global Blast Chillers Market Share is expected to witness high growth.

The market in North America dominates due to strong food industry presence. Europe follows due to increasing demand for prepared foods. Asia Pacific is poised to grow at the fastest pace with increasing disposable incomes and western influences in countries like India and China.


Key players operating in the Blast Chillers market are Locus Robotics, ABB Limited, Honeywell International Inc., Fanuc Corporation, Geek+ Inc., TGW Logistics Group GMBH, Omron Adept Technologies, Swisslog Holding AG (KUKA AG), Singapore Technologies Engineering Ltd (Aethon Incorporation), Yaskawa Electric Corporation (Yaskawa Motoman), InVia Robotics Inc., Fetch Robotics Inc., Syrius Robotics, Grey Orange Pte Ltd, Hangzhou Hikrobot Technology Co. Ltd and Toshiba Corporation.


Get More Insights Here

https://www.trendingwebwire.com/blast-chillers-market-size-share-growth-outlook-2023/


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