Global $18.43 Billion Food Vacuum Machine Market to 2027: Rising Demand for Ready-to-Eat (RTE) and Shelf-Stable Products

14 October 2020

Dublin, Oct. 14, 2020 (GLOBE NEWSWIRE) -- The "Food Vacuum Machine - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

Global Food Vacuum Machine Market accounted for $11.56 billion in 2019 and is expected to reach $18.43 billion by 2027, growing at a CAGR of 6% during the forecast period.

Rising demand for ready-to-eat (RTE) food and growing demand for shelf-stable products are the major factors propelling the market growth. However, depreciating packaging capability of food vacuum machines and high installation and maintenance cost of machines are hampering the market growth.

Vacuum packing is a method of packaging that removes air from the package prior to sealing. Food vacuum machine eliminates freezer burn, reduces spoilage and food waste. This machine packing food sucks all the oxygen out of the packaging. This makes the food last 3 to 5 times longer and preserves it appearance because microorganisms, such as bacteria, grow at a much slower rate inside of a vacuum seal. Also, freezer burn is virtually eliminated because the food is not in contact with cold air.

Based on the machinery type, the chamber vacuum machines segment is going to have a lucrative growth during the forecast period due to their suitability for both solid as well as liquid food. The chamber vacuum machines are reasonable for an assortment of modern applications as they are increasingly proficient for vacuum packaging of food items. Moreover, these machines are suitable for a variety of applications, ranging from small-scale productions to industrial. These factors favour the growth of the chamber vacuum machines segment in the food vacuum machine market.

By geography, Asia-Pacific is going to have a lucrative growth during the forecast period due to the increasing disposable income of consumers, which has resulted in an increased expenditure in packaged and ready-to-eat food. Moreover, the rising awareness among consumers due to the advent of COVID-19 has led to an increasing focus on hygienic packaging solutions.

In addition, hectic and busier lifestyles have encouraged consumers to opt for ready-to-eat meals that require vacuum sealing to protect the contents of the package. These factors will encourage the use of food vacuum machines, thereby supporting the overall market growth.

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024, and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings

1. Company Profiling

  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)

2. Regional Segmentation

  • Market estimations, forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)

3. Competitive Benchmarking

  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Some of the key players profiled in the Food Vacuum Machine Market include

  • Astrapac
  • Bizerba
  • Dadaux
  • Electrolux Professional
  • Henkelman
  • Henkovac International
  • Metos
  • Multivac
  • Promarks
  • Proseal
  • Ridat
  • Sammic SL
  • Sipromac
  • Techno Pack
  • Ulma Packaging

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End-user Analysis
3.8 Emerging Markets
3.9 Impact of COVID-19

4 Porters Five Forces Analysis
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of Substitutes
4.4 Threat of New Entrants
4.5 Competitive Rivalry

5 Global Food Vacuum Machine Market, By Process
5.1 Introduction
5.2 Shrink
5.3 Skin
5.4 Traditional Methods

6 Global Food Vacuum Machine Market, By Machinery Type
6.1 Introduction
6.2 Chamber Vacuum Machines
6.2.1 Double Chamber Vaccum Machines
6.2.2 Single Chamber Vaccum Machines
6.3 External Vacuum Sealers
6.4 Tray Sealing Machines
6.5 Other Machinery Types
6.5.1 Automatic Belt Packaging
6.5.2 Thermoformers

7 Global Food Vacuum Machine Market, By Packaging Type
7.1 Introduction
7.2 Rigid
7.3 Semi-Rigid
7.4 Flexible

8 Global Food Vacuum Machine Market, By Application
8.1 Introduction
8.2 Bakery & Confectionery Products
8.3 Beverages
8.4 Convenience Food
8.5 Dairy & Frozen Products
8.6 Fruits & Vegetables
8.7 Meat And Seafood
8.8 Prepared Food
8.9 Sauces, Dressings, Spices, and Condiments
8.10 Snacks & Savories
8.11 Other Applications
8.11.1 Cereals
8.11.2 Nuts
8.11.3 Seeds

9 Global Food Vacuum Machine Market, By End-user
9.1 Introduction
9.2 Commercial
9.2.1 Small-Scale Companies
9.2.2 Large-Scale Companies
9.2.3 Restaurants
9.3 Industrial
9.4 Domestic

10 Global Food Vacuum Machine Market, By Geography

11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launches
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/r/qhof7n

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