HPP Equipment and Food Market Global by Demand, Competitive Landscape and Business Outlook 2021 to 2030

The Global HPP Equipment and Food Market size is estimated to be USD 556.7 Million in 2019 and is predicted to reach USD 1.47 Billion by 2030 with a CAGR of 9.2% from 2020-2030.

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Top Companies: Avure Technologies Inc., Universal Pasteurization Co., Multivac Sepp Haggenmuller SE & Co. KG, Bao Tou KeFa High Pressure Technology Co. Ltd., Hiperbaric Espana, Kobe Steel Ltd., CHIC FresherTech, Hyperbaric SA, ThyssenKrupp AG and others.

Market Dynamics and Trends:

The tremendous upsurge in demand for processed food is the key factor driving the HPP Equipment and Food market growth because. High pressure processing eliminates the requirement for chemical additives that may cause nausea, headache, and difficulty in breathing and even damage the human nerve cells. Rising awareness and adaptation of food products without any chemical additives are propelling the market growth. These equipment help in saving time & energy and thus increase the total output for product line and also save the power expenditure of processors. These benefits are contributing to the growth of HPP Equipment and Food market. One of the other major benefits is that high pressure processing can also be carried out post packaging that further eliminates the risk of processing contamination.

However, requirement of high capital investment might hamper the market growth. Consequently, government support to develop efficient food processing technologies is expected to provide lucrative opportunities for HPP Equipment and Food market players during the forecast period.

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There have been various developments taking place in the market that further enhance the growth of HPP Equipment and Food market on a large scale. For instance,in April 2019, MULTIVAC collaborated with LEIPA Georg GmbH and Koehler Paper Group to increase the use of packaging fresh food. The packs were designed such that the end-user can separate the cardboard backing from the plastic barrier layer and paper recycling. Also, in June 2019, Avure technologies launched a new high-pressure processing meat technology i.e. meat processing equipment which retains the natural appearance and texture of meat. Moreover, in November 2019, Hiperbaric Espana launched High Pressure Technology for automotive & aeronautics industries, expanding its product line beyond food.

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This release was published on openPR.