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Non-Thermal Pasteurization Market Size, Share and Industry Forecast

Chicago, Aug. 08, 2024 (GLOBE NEWSWIRE) -- The non-thermal pasteurization market is projected to reach USD 5.7 billion by 2028 from USD 2.3 billion by 2023, at a CAGR of 20.0% during the forecast period in terms of value. The growth in the usage of High-pressure Processing (HPP) toll processors presents an opportunity for the non-thermal pasteurization market, as more food manufacturers are outsourcing their HPP needs to these toll processors instead of investing in their HPP equipment. This trend is driven by several factors, including the high cost of HPP equipment, the need for specialized knowledge and expertise to operate the equipment, and the desire for flexibility and scalability in production. Key Players in the Market JBT Corporation (US) Hiperbaric (Spain) Thyssenkrupp AG (Germany) Kobelco Construction Machinery Ltd. (Japan) Lyras (Denmark) Syntegon (Germany) Multivac (Germany) Stansted Fluid Power Ltd. (UK) Pulsemaster (Netherlands) Elea (Germany) Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=119569840 Drivers and Opportunities Driver: Rise in the demands for Meat, Poultry and dairy food Meat, poultry, and dairy products are some of the major applications of food & beverage processing equipment. The growing consumption of protein-based food products, frozen meat, and fruits & vegetables, and the growing preference for healthy food products in developed countries drive the demand for higher food production. The growth in demand for various food products will, in turn, drive the demand for non-thermal pasteurization food processing equipment. The demand for non-thermal pasteurization methods has been on the rise due to the increasing demand for meat, poultry, and dairy products. According to the United States Department of Agriculture (USDA), the production of red meat and poultry in the United States has steadily increased over the past decade. Additionally, in the dairy industry, the demand for various equipment for a range of applications drives the non-thermal pasteurization market growth. Opportunity: Increase in the government support in food processing machinery and equipment The food processing machinery & equipment market is growing rapidly worldwide due to the rise in demand for food & beverage products among the consumers. The governments of the US, the UK, Japan, China, and other ...