Hot Food Processing Equipment Market Primarily Driven By Increasing Demand For Bakery Products And Processed Foods

The global hot food processing equipment market size is expected to reach USD 35.72 billion by 2030, registering a CAGR of 6.3% during the forecast period, according to a new report by Grand View Research, Inc. The market is primarily driven by increasing demand for bakery products, processed foods, and rising meat consumption coupled with innovation in food processing.

The increasing proportion of the younger population with higher spending capacity is expected to drive the demand for processed food. Rising preference for healthy meals and increasing adoption of a vegan diet among the younger population is projected to have a positive impact on the processed food market, thereby, benefiting the hot food processing equipment market growth.

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The favorable growth of the food & beverage industry, particularly in the emerging economies, coupled with the growing consumption of packaged food & beverages in households is expected to drive the demand for hot food processing equipment. Furthermore, new product launches, expansion of the retail network, and population growth are the factors, expected to complement the market growth.

Various technological advancements are taking place in the food processing industry so as to meet the food demand of the growing population. The continuously rising investments in R&D activities for the incorporation of advanced technologies such as automation and Internet 4.0 in hot food processing equipment are expected to fuel the growth of the market.

Cloud kitchens and food vending machines have emerged amid pandemic-induced closures, hygiene issues, and high retail pricing. People are increasingly looking at embracing contactless means for everyday activities boosting the demand for vending machines. The demand for cloud kitchens and vending machines is expected to create demand for hot food processing equipment.

Companies are undertaking strategic acquisitions to strengthen their product portfolio. In December 2021, The Middle by Corporation acquired Master built Holdings, LLC, and Char-Griller. The acquirement is in line with the company’s strategic acquisitions and is expected to strengthen its household product portfolio in roasting and cooking technologies.

Saudi Arabia Fruit and Vegetable Processing Market Insight, Trends, Report 2023-2030

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Saudi Arabia Fruit and Vegetable Processing Market size at USD 780.33 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Saudi Arabia Fruit and Vegetable Processing Market size to expand at a CAGR of 4.78% reaching a value of USD 1,136.18 million by 2030. The implementation of cutting-edge food processing technologies, such as supercritical fluid technology and membrane technology, and the growing demand for ready-to-eat food items are key growth factors for the Saudi Arabia fruit and vegetable processing market. Furthermore, it is projected that the Saudi Arabia Fruit and Vegetable Processing Market would expand due to rising investments in effective cold chain infrastructure.

Opportunity: Rising Demand for Convenient and Ready-to-eat Food Products

Convenient and ready-to-eat items are in high demand due to the Kingdom's growing working adult population and shifting customer lifestyles. The increased demand for processed fruits and vegetables is also being influenced by the growing number of women entering the workforce and the rise in per capita income. Processed items are becoming more and more popular among consumers because they are convenient to use, consume, and store for extended periods of time. The Kingdom's fruit and vegetable processing sector is further propelled by the high rate of food spoiling caused by the country's hot environment.

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Saudi Arabia Fruit and Vegetable Processing Market

Segmental Coverage

Saudi Arabia Fruit and Vegetable Processing Market – By Processing Equipment

Based on processing equipment, the Saudi Arabia Fruit and Vegetable Processing Market is segmented into pre-processing, processing, washing, filling, seasoning, and packaging. The processing segment dominates the Saudi Arabia Fruit and Vegetable Processing Market. There is a wide range of fruit and vegetable processing equipment available, such as fruit processing plants and abrasive peelers fruit pulpers. The market has a strong demand for fruit processing plants. The machine processes fruits and vegetables using a steam-based heating source. It comes with typical equipment, including a temperature control section and a freeze dryer. Fresh fruits and vegetables have a longer shelf life when stored in a vegetable processing line equipped with an ozone system.

Competitive Landscape

Major players operating in the Saudi Arabia Fruit and Vegetable Processing Market include Watania Agri, Saudi Arabian Food Industries Company, Almarai Company, Desert Oasis, Najran Agricultural Development Company, Hail Agricultural Development Company, Golden Dates Factory, Khaled Mohammad Alnuzha Dates Trading Est., and Maghadi Dates Factory.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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Molded Pulp Packaging Market Share 2024 Global Industry Analysis, Opportunities & Forecast by 2031

Molded Pulp Packaging Market Share Scope & Overview

The relevance of categories as well as regional markets is discussed in the Molded Pulp Packaging Market Share research study. On the basis of market size and growth rate, an exact overview for all segments and regions has been developed (CAGR). The material contained in this research report has been checked and evaluated by many industry specialists and research analysts from various areas. The primary goal of this study is to assist the reader in better understanding the market in terms of definition, segmentation, market potential, significant trends, and the problems that the industry faces in major regions and nations.

Aside from that, the Molded Pulp Packaging market research report includes a detailed analysis of the predicted statistics, significant advancements, and revenue. It also includes guidelines for performing an in-depth market chain analysis for the worldwide market, including information on raw material suppliers, distributors, consumers, and production equipment suppliers.

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Market Key Players:

Genpak LLC, Brodrene Hartmann A/S, Sabert Corporation, Fabri-Kal, Eco-Products Inc, Huhtamaki Oyj, Hentry Molded Products Inc, Thermoform Engineered Quality LLC, Pro-Pac Packaging Limited, CKF Inc

Market Segmentation

The study report also includes a comprehensive examination of the core industry, including categorization and definition, as well as the structure of the supply and demand chain. Global research includes global marketing statistics, competitive climate surveys, growth rates, and essential development status information. The Molded Pulp Packaging  research study discusses market segmentation by product type, application, end-user, and geography. The study investigates the industry's growth objectives, cost-cutting strategies, and manufacturing processes.

By Source

• Wood Pulp

• Non-Wood Pulp

By Molded type

• Thick Wall

• Transfer

• Thermoformed

• Processed

By Product

• Trays

• End Caps

• Bowls & Cups

• Clamshells

• Plates

• Others

By Application

• Food packaging

• Food Service

• Electronics

• Healthcare

• Industrial

• Others

Regional Analysis

The Molded Pulp Packaging  market research report includes profiles of leading industry players from various regions. However, when studying the market and estimating its size, the report took into account all market leaders, followers, and new entries, as well as investors. Increasing R&D activity in each region differs, with an emphasis on the regional impact on treatment costs and advanced technology availability. The paper concludes with recommendations for future hot spots in the APAC region.

Competitive Outlook

The purpose of this study is to provide stakeholders in the industry with a complete insight of the Molded Pulp Packaging  market. The study includes an analysis of complicated data in simple language, as well as the industry's past and current state, as well as anticipated market size and trends. The report examines all areas of the industry, with a focus on significant companies such as market leaders, followers, and newcomers.

By examining market segments and projecting market size, the research also aids in understanding market dynamics and structure. The research is an investor's guide because it clearly depicts competitive analysis of key players in the Molded Pulp Packaging  market by product, price, financial situation, product portfolio, growth strategies, and regional presence.

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Industrial Dryer Market Expected To Witness Significant Growth Due To Rapid Industrialization

Industrial dryers are machines or devices that are utilized for moisture removal from materials and various products by using hot air or steam. They are commonly used across diverse industries such as food, pharmaceutical, chemical, construction, paper, and others. Industrial dryers help enhance product quality, improve production efficiency, reduce wastage, and decrease processing time. Some key uses of industrial dryers include drying fruits and vegetables in the food industry, drying paper and wood products, and removing moisture from synthetic materials in the chemical sector. The global industrial dryer market is estimated to be valued at US$ 1.37 Bn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Dynamics: Rapid industrialization across emerging economies is one of the major drivers propelling the growth of the industrial dryer market. Increased manufacturing and production activities are leading to higher demand for industrial dryers from diverse end-use industries. Furthermore, industrial dryers help improve productivity by reducing drying time significantly. This assists industries in enhancing their output without compromising on quality. Rising need for moisture removal from raw materials and finished goods is also fueling the sales of industrial dryers globally. Another key factor augmenting the market growth is favorable government policies and initiatives to promote domestic manufacturing. Various countries are offering subsidies and tax incentives to boost manufacturing. This, in turn, is driving installations of various production machinery including industrial dryers. However, high initial capital investments for industrial dryers may hinder market expansion, especially in price-sensitive developing nations. Ongoing innovations focusing on cost reductions could help overcome this challenge in the coming years. SWOT Analysis Strength: Industrial dryers are highly efficient in removing moisture from diverse materials. They offer advantages like high production rates, low energy usage, and minimal product damage. The latest dryer technologies allow for precise moisture content control and uniform drying. Weakness: Industrial dryers entail sizable capital investments and have high installation and maintenance costs. Frequent equipment failures and breakdowns can disrupt production schedules. Stringent safety and emissions regulations increase compliance burdens on manufacturers. Opportunity: Growing demand for processed food and pharmaceutical products worldwide is driving the need for industrial drying equipment. New applications in manufacturing industries like chemicals, minerals, and electronics present new revenue avenues. Adoption of energy-efficient dryer models can help lower operating expenses. Threats: Volatility in raw material prices poses input cost risks. Changing environmental policies around the globe add regulatory uncertainties. Competition from local players offering low-cost drying solutions can impact profit margins. Supply chain disruptions due to geopolitical tensions affect availability of critical components. Key Takeaways The global industrial dryer market size is expected to witness high growth.

Regional analysis: The Asia Pacific region urrently dominates the market and is projected to grow at the fastest pace during the forecast period. This can be attributed to rapid industrialization and expansion of manufacturing industries in China and India. Key players related content comprises Key players operating in the Industrial Dryer Market are PepsiCo, Inc., Nestle SA, The Coca-Cola Company, Groupe Danone, Abbott Laboratories, Bernard Food Industries, Inc, Zydus Wellness Ltd., Dr. Pepper Snapple Group Inc., McNeil Nutritionals LLC, Cargill, Incorporated, and Ajinomoto Co., Inc. These companies have extensive experience in manufacturing industrial drying equipment and possess strong distribution networks globally.

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"Asia-Pacific's Nuclear Power Boom: Catalyst for Cooling Tower Rental Market Expansion" 

The cooling tower rental market is poised for rapid growth in the coming years, driven by the increasing demand for efficient heat rejection mechanisms in various industries. A cooling tower plays a crucial role in dissipating waste heat into the atmosphere, making it an essential piece of equipment for enterprises seeking to manage excess heat with minimal water usage. Businesses often face challenges with permanent cooling towers, particularly during high-demand periods like hot summer months, leading to potential productivity losses. To address this, many industries opt for cooling tower leasing systems to bridge the gap until permanent solutions can be repaired or replaced. 

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 : https://www.alliedmarketresearch.com/request-toc-and-sample/16146  

Cooling tower rentals offer fully pre-assembled systems ready for immediate use in diverse settings. Industries such as food processing, petroleum refining, natural gas plants, and petrochemical plants widely utilize these cooling towers. The classification of cooling towers into natural draught or mechanical draught depends on the air circulation mechanism employed. The advantages of cooling tower rentals include supplementing cooling water flows, supporting planned system turnarounds, increasing capacity, reducing cold water temperatures, and maintaining peak output. 

Market Scope and Structure Analysis 

Market Size Available for Years: 2020–2030 

Base Year Considered: 2020 

Forecast Period: 2021–2030 

Forecast Unit: Value (USD) 

Segments Covered: Type, Capacity, Design, End User, Region 

COVID-19 Impact Analysis: The COVID-19 pandemic disrupted global industries, including power generation and refining, negatively affecting the cooling tower rental market. Supply chain interruptions, raw material scarcity, and restrictions on movement led to a decline in production. Power-generating industries and refineries faced shutdowns, impacting the cooling tower rental market. However, with the easing of lockdowns and the resumption of production activities, the market is expected to rebound. 

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/16146  

Top Impacting Factors: 

The rise in construction activities worldwide, especially in developing and developed countries, is driving the demand for cooling tower leasing. 

Expansion of transportation infrastructure, such as ports and airports, contributes to increased demand for HVAC systems, supporting market growth. 

The use of advanced technology, which optimizes energy usage, is a key factor in boosting production and, consequently, the cooling tower rental market. 

However, challenges such as the preference for renewable energy sources and high installation costs for short-term use may limit market growth. 

Fluctuations in oil prices, affecting industries like oil and gas, electricity generation, and manufacturing, pose challenges to the global cooling tower rental market. 

Opportunities for market expansion are anticipated through Asia-Pacific's growing nuclear power industry, high energy demand, and increased environmental regulations. 

Market Trends: 

Integration of "Smart Cooling Tower" technology in construction projects, providing automatic detection and operational information. 

Adoption of advanced cooling tower designs, such as the fiberglass-reinforced plastic cooling tower with automated louvre systems, contributing to continuous operation at low temperatures. 

Focus on the Asia-Pacific region's nuclear power sector as a driver for cooling tower rental market growth. 

Investment in very low-temperature (VLT) cooling equipment, emphasizing energy efficiency and reduced environmental impact. 

𝐆𝐞𝐭 𝐚 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-for-customization/16146  

Key Market Players: United Rentals, Inc., Midwest Cooling Tower Services, LLC, Aggreko, GOHL-KTK GmbH, Jacir, Engie Refrigeration, Finning International Inc, SPX Corporation, Carrier Rental Systems, Johnson Controls, Inc. 

Key Benefits of Report: 

Analytical depiction of the cooling tower rental market trends, future estimations, and investment opportunities. 

In-depth analysis of key drivers, restraints, and opportunities, along with market share insights. 

Quantitative analysis of market growth from 2020 to 2030. 

Porter’s five forces analysis illustrating buyer and supplier potency. 

Detailed cooling tower rental market analysis based on competitive intensity and future competition dynamics. 

Cooling Tower Rental Market Report Highlights:  

By Type: Wet, Dry, Hybrid 

By Capacity: 500-1000 Tons, up to 500 Tons, 1000-1500 Tons, 1500-3000 Tons, above 3000 Tons 

By Design: Mechanical Draft, Natural Draft 

By End User: Industrial, Commercial 

By Region: North America, Europe, Asia-Pacific, LAMEA 

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: United Rentals, Inc., Midwest Cooling Tower Services, LLC, Aggreko, GOHL-KTK GmbH, Jacir, Engie Refrigeration, Finning International Inc, SPX Corporation, Carrier Rental Systems, Johnson Controls, Inc 

Commercial Boiler Market Trends: A Detailed Examination of Market Developments and Industry Shifts

The commercial boiler market is estimated to be valued at US$ 2.02 Bn in 2023 and is expected to exhibit a CAGR of 4.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Commercial boilers are essential equipment used in facilities to provide space heating, domestic hot water, and process steam. They are used widely in various commercial buildings like hospitals, hotels, offices, educational institutions, retail stores, food industries and more. Commercial boilers offer benefits like higher efficiency, lower operating cost, easier installation and maintenance. They prove vital for comfort heating and various industrial processes. Market key trends: One of the key trends witnessed in the commercial boiler market is increased efficiency requirements. With growing need to conserve energy and reduce carbon footprint, regulators across regions have implemented stricter norms regarding boiler efficiency. This has prompted manufacturers to focus on developing modern condensing and non-condensing boiler models with thermal efficiencies over 80-85%. Advanced technologies like modulating controls and condensing heat exchangers are helping commercial boilers achieve higher efficiencies. Their ability to conserve fuel and lower energy bills is a major driver for adoption. Porter’s Analysis Threat of new entrants: The threat of new entrants is low due to high capital requirements and established brands. Bargaining power of buyers: Buyers have high bargaining power due to the availability of several product options from different manufacturers. Bargaining power of suppliers: Suppliers have moderate bargaining power due to the availability of substitute materials. Threat of new substitutes: The threat of new substitutes is moderate due to the emerging alternate heating technologies. Competitive rivalry: High due to presence of major players. SWOT Analysis Strength: Wide product portfolio and technical expertise. Weakness: High operational costs and vulnerability to economic cycles. Opportunity: Growing demand from commercial sectors and replacement of aging boilers. Threats: Stringent regulations and rising raw material prices. Key Takeaways The global commercial boiler market is expected to witness high growth, exhibiting CAGR of 4.3% over the forecast period, due to increasing energy demands from the industrial and commercial sectors. Regionally, Asia Pacific dominate the market and is expected to maintain its dominance during the forecast period, growing at the fastest CAGR of around 5%, attributed to rapid industrialization and urbanization. Key players operating in the commercial boiler market incorporate A.O. Smith Corporation, Bosch Thermotechnology, Cochran Limited, Cleaver-Brooks, Fulton Boiler Company, Parker Boiler, Slant/Fin Corporation, Superior Boiler Works, Inc., Vaillant Group, and Weil-McLain. The global commercial boiler market size for 2023 is US$ 2.02 Bn. Regional analysis, Asia Pacific region is the fastest growing market for commercial boilers, mainly due to rapid industrialization and growth of the manufacturing sector in economies like China and India.

How Is Food Processing Sector Supporting MEA Industrial Refrigeration Systems Market Growth?

The Middle East and Africa (MEA) industrial refrigeration systems market is projected to record a CAGR of 6.1% during the forecast period (2018–2023). This can be ascribed to the expansion of the food and beverage sector and high requirement for refrigeration systems in the chemical and pharmaceutical industries of the region. The market generated a revenue of $1,679.9 million in 2017 and it is expected to reach $2,406.8 million by 2023. At present, the increasing adoption of environment-friendly refrigerants has become a key trend in the market.

The growth of the food processing industry in countries like Qatar and Saudi Arabia will play a vital role in the advancement of the MEA industrial refrigeration systems market. In the coming years, the region will witness a substantial rise in consumption of ready-to-eat meal and number of food outlets, owing to which the demand for refrigeration systems will surge exponentially. The industrial refrigeration systems will be used by the food processing sector and restaurants to retain the freshness and nutrition of food items and drinks.

Moreover, booming demand for refrigeration solutions from the chemical and oil refining industries will also drive the market in the forecast years. The oil refining industry require refrigeration for preservation of compounds, dehumidification of air, and condensation of gases. The Middle Eastern nations like Kuwait, Saudi Arabia, Qatar, and Iran are some of the largest suppliers of petrochemicals in the world, due to the presence of numerous oil fields. Whereas, the chemical industry needs refrigeration systems to maintain the temperature of finished and semi-finished products and raw materials.

Currently, the practice of using natural refrigerants, such as water and carbon dioxide (CO2), is providing lucrative opportunities to companies operating in the MEA industrial refrigeration systems market. This is because the application of CO2 offers higher efficiency than the other refrigerants like chlorofluorocarbon (CFC), hydrofluorocarbon (HFC), and hydrochlorofluorocarbon (HCFC). Moreover, the non-hazardous property of CO2 makes it a more viable option than other chemicals. Unlike other refrigerants, CO2 does not lead to ozone layer depletion.

The equipment segment of the MEA industrial refrigeration systems market is categorized into controls, compressors, evaporators, condensers, and others including, vessels, pumps, auxiliary equipment, and valves. Among these, the compressors category accounted for the largest market share in 2017, owing to the highest cost of this equipment. Whereas, the controls category is expected to display the fastest growth during the forecast period. This can be attributed to the cost advantages offered by the controls by enhancing overall efficiency, while offering additional customization features.

Geographically, the U.A.E. dominated the MEA industrial refrigeration systems market in 2017 and it is expected to register the highest growth in the forecast years. This can be ascribed to the hot climate and huge influx of tourists in the country. A surge in the number of tourists has a positive impact on the food and beverages sector, which further supports the market growth. Additionally, the expansion of the food and beverages industry in the country is also driven by the increasing purchasing power and rising expats.

Thus, the expansion of food processing, chemical, and oil refining industries in MEA countries will boost the market growth in the near future.

Steam Condensate Piping Forecast to 2031 with Key Companies Profile, Supply, Demand and SWOT Analysis

Steam Condensate Piping Market Research, 2031

The global steam condensate piping market size was valued at $4.3 billion in 2020, and is projected to reach $6.3 billion by 2031, growing at a CAGR of 3.3% from 2022 to 2031. Steam condensate piping is an important component of steam infrastructure systems that are installed in various industries such as paper & pulp, food processing, oil & gas refining and other manufacturing industries.

Steam is extensively used in various industrial applications such as sterilization, chemical cracking, and other heating processes. Hence, to transfer the steam from boiler assembly to desired process location, a network of pipes is extensively used. However, during the passage of steam through pipelines, some of it cools down and condensates. This condensate is often responsible for corroding inner walls of steam pipes. This creates a need for condensate piping for draining the condensate. Steam condensate piping system collect condensate from steam pipes and delivers it either for reuse or discards it into sever. These factors positively influence the steam condensate piping market.

Accumulated condensate can lead to premature degradation of main steam pipes and form an obstacle for the flow of steam. This can be prevented by draining condensate by using steam condensate piping. Steam condensate piping system makes the process more energy efficient enabling the reuse of collected hot steam condensate in other processes, such as for pre heating feed water and space heating. Such highly desirable benefits of steam condensate piping system are is expected to contribute significantly toward growth of the steam condensate piping market.

Novel coronavirus had rapidly spread across various countries and regions, causing an enormous impact on lives of people and the overall community. It began as a human health condition and later became a significant threat to global trade, economy, and finance. The COVID-19 pandemic halted production of many components of steam condensate piping, owing to the lockdown. The economic slowdown initially resulted in reduced spending on various industrial machineries including steam related equipment by industrial and commercial users. However, owing to introduction of various vaccines, severity of the COVID-19 pandemic has significantly reduced. As of mid-2022, the number of COVID-19 cases have reached an insignificant number, and it is expected to completely subside in the coming years. This has led to full-fledged reopening of steam condensate piping manufacturing companies at their full-scale capacities. Furthermore, it has been two years since the outbreak of this pandemic and many companies have shown significant signs of recovery.

The steam condensate piping market is segmented into Piping Material and Application. By piping material type, the market is categorized into stainless steel, carbon steel, and others. By application, it is categorized into commercial and industrial. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific held the largest steam condensate piping market share in 2020, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period. This is attributed to rapid growth of various manufacturing and processing industries.

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Spray Dryer Market is poised to achieve continuing growth During Forecast Period 2023-2030

The spray dryer market refers to the industry involved in the manufacturing and sales of spray dryers, which are industrial equipment used to convert liquid or slurry into dry powder or granules through the process of spray drying. Spray drying is a widely used method in various industries, including food and beverages, pharmaceuticals, chemicals, and others.

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Spray dryers work by atomizing the liquid or slurry into small droplets, which are then dried rapidly by hot air or other gases. This process allows for the efficient and uniform drying of the material while maintaining its desired properties. Spray dryers are commonly used for producing powdered milk, instant coffee, pharmaceuticals, detergents, ceramics, and many other products.

The spray dryer market has experienced significant growth over the years due to the increasing demand for processed and convenience foods, technological advancements in spray drying equipment, and the expanding pharmaceutical industry. The market is driven by factors such as the need for improved product quality, increased production efficiency, and the growing trend towards powdered and granulated products.

Key players in the spray dryer market include manufacturers such as GEA Group AG, SPX Flow Inc., Buchi Labortechnik AG, Yamato Scientific Co., Ltd., and Dedert Corporation, among others. These companies offer a wide range of spray dryers with varying capacities and features to cater to the specific needs of different industries.

In recent years, there has been a focus on developing more energy-efficient and environmentally friendly spray drying technologies. Additionally, advancements in automation and control systems have led to increased process efficiency and reduced operating costs.

Overall, the spray dryer market is expected to continue growing as various industries continue to adopt spray drying as a preferred method for drying liquids and producing powdered or granulated products.

Pet Food Extrusion Market Analysis, Trends and Dynamic Demand by Forecast 2023 to 2033

Extrusion technology for pet food processing becomes increasingly popular because it makes it possible to produce pet food that contains all of the vital vitamins and minerals that animals need. With no need for supplemental meals or nutrients, it is now simple for pet owners to give their pets a balanced and comprehensive diet. 

The global pet food extrusion market is anticipated to expand significantly, exhibiting a CAGR of 6.2% during the forecast period. The valuation of the market is expected to reach US$ 78.57 billion in 2023. The market size of pet food extrusion is anticipated to surpass US$ 143.39 billion by the year 2033. 

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One of the key reasons fueling the expansion of the pet food formulation market is the global upsurge in awareness of animal health. The boom in pet humanization and the growing emphasis on natural and grain-free goods both speed up market expansion. The market is also influenced by the rise in spending in the pet business and the increasing desire for feeding items designed to improve the productivity and health of domesticated animals. 

The market has undeniably seen commendable growth as a result of rising investment levels in the pet industry, growing pet owner investment for various pet foods, increasing prevalence of extrusion machines and equipment, as well as demand for pricey food products for long-lived pets.

Another key determinant of the demand for extruded pet food products globally is the growing pet population. On the other hand, the market is expected to see growth during the forecast period due to the increasing need for food extrusion.

Owing to the exponential growth of the pet food processing sector and the presence of significant corporations in the region, North America dominates the global pet food processing market. Given the increase in investments in the region, Asia Pacific is anticipated to have considerable growth throughout the forecast period.

Key Takeaways

In China, the market is expected to reach a value of US$ 38.47 billion by 2033, expanding at a CAGR of 10.1% during the forecast period.

During the projection period, a CAGR of 4.5% is anticipated for the market in Germany.

During the projection period, a CAGR of 3.6% is predicted for the market in Japan.

The complete diets segment is anticipated to secure a 6.7% CAGR to reach US$ 104.03 billion by 2033.

Competitive Landscape:

The top manufacturers of the pet food extrusion market are American Extrusion International, Andritz, Baker Perkins, Brabender, Buhler, Clextral, Coperion, Diamond America, Doering Systems, Kahl Group, Lindquist Machine, Mars, Nestle, Pavan Group, The Bonnot Company, The J.M. Smucker Company, and others.

To fulfill customer needs and stay competitive, manufacturers in the pet food processing industry are extending product lines, adding natural ingredients, emphasizing sustainability, adopting cutting-edge packaging, putting in place food safety procedures, and working with retailers. They want to retain a solid market position while enhancing quality and customer experience.

Recent Developments:

In February 2021, across all Co-Ex MasterTM co-extrusion equipment, Baker Perkins enhanced process management, productivity, and sanitation.

In January 2021, two brand-new twin-screw extruders for the pet food and aqua feed sectors were introduced by ANDRITZ. 

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Key Segments

By Product Type:

Complete Diets

Treats

Other

By Animal Type:

Dog

Cat

Fish

Birds

Others

By Extruder Type:

Single Screw

Twin Screw

By Ingredient:

Animal Derivatives

Vegetables & Fruits

Grains & Oilseeds

Vitamins & Minerals

Additives

Others

By Process:

Hot Extrusion

Cold Extrusion

By Region:

North America

Latin America

Europe

South Asia

East Asia

Oceania

The Middle East & Africa (MEA)

Food and Beverage Temperature Sensor Market - Forecast(2022 - 2027)

Food and Beverage Temperature Sensor Market Overview

The Global Food and Beverage Temperature Sensor Market size accounted for $6.2 billion in 2020 and is anticipated to witness significant market growth with CAGR of 12% during forecast period 2021 to 2026. Sensors for measuring the temperature of a material or a medium for a specified set of requirements make up temperature sensors systems. Sensors such as this play an important role in a variety of applications, including maintaining a specific temperature range for equipment used to store process and raw food, clean other equipment, and manufacture hot liquids. Increasing demand for industrial automation products, growth of process automation industry and the increasing usage in wireless communication are the key growth factors for temperature sensors. Moreover, new technical advances in the Food and Beverage Industry are significant growth factors for the Food and Beverage Temperature Sensor Market. The growing popularity of thermistor temperature sensor in the beverage vertical owing to the rising need for temperature and safety sensors propels the market growth. Furthermore, integrated circuits deployed across tablets, smartphones and others are dependent on integrated silicon temperature sensors in micro-controllers and other electronics. Thus, the major driver for temperature sensors in food and beverages is the rapid rise of tablets and smartphones usage in the industrial sector as a result of enormous R&D advancements. Rising need for temperature sensors across sanitary CIP, high-temperature short-time(HTST), Flash pasteurization processes will drive the market growth. Additionally, process industry market trends such as miniaturization, rising automation, and the requirement to handle increasingly complex applications necessitate heat monitoring and control. This tendency, combined with strong sales and advances in sensor technology, is expected to maintain temperature sensors growth.

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Report Coverage

The report: “Food and Beverage Temperature Sensor Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Food and Beverage Temperature Sensor Market.

By Type: Contact Temperature Sensors, Non-contact Temperature Sensors.

By Product Type: Temperature Sensor Integrated Circuits(ICs), Resistive Temperature Detector ((RTD) (Secondary standard Platinum Resistance Thermometer (SPRT), Industrial Platinum Resistance Thermometer(PRT)), Thermistor, Thermometer, Thermocouple, Thermostat, Infrared Sensors, Others

By Alloys Used: Type K, Type M, Type E, Type J, Type C, Type N, Type T and others.

By Metals used: Platinum, Nickel, Copper, Tungsten, Silicon, Others

By Application: Meat processing and smoke house ovens, Refrigeration, Storage Tanks, Pasteurization, Piping Systems.

By End User: Food Industry and Beverage Industry.

By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Netherlands, Belgium, Spain, Denmark and Others), APAC(China, Japan India, South Korea, Australia and Others), South America(Brazil, Argentina and others), and ROW (Middle East and Africa).

Key Takeaways

IoT has open path for new set of applications such as remote monitoring, predictive maintenance and others. The implementation of these applications require temperature such as thermostats, thus driving the market. Emerging applications such as temperature stabilization in food and beverage processes are projected to drive market growth for temperature sensors. Temperature sensors are projected to be in high demand in APAC due to rising industrial automation, particularly in the food and beverage sectors.

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Food and Beverage Temperature Sensor Market Segment Analysis - By Product Type Infrared Sensor segment is anticipated to witness significant market growth during the forecast period 2021-2026. Infrared temperature sensors play a vital role in automated process control for inspection, process monitoring and quality control, by assisting the parent system to evaluate, detect, quantify and process the variety of transitions that occur in industrial manufacturing sites, such as alternation of volume, position, height and dislocation. The automation sector, in particular industrial automation sector is the driving force behind the market for temperature IR sensors. Rising deployment of automation in different industrial vertical including chemicals, metals, pharmaceutical, semiconductor, electronics, machine tools, robotics, and others drives the need to implement appliances or devices that use IR sensors on a larger scale. Utilization of contactless monitoring of temperature distributions and profiles with industrial thermographic cameras in process temperature measurement benefits the market growth. Full temperature assessment and location monitoring is also conveniently feasible with high-level thermographic quality control. With the growing penetration of industrial automation in developing economies with major manufacturing hubs is analysed to be a major driving factor for the temperature IR sensor market. Apart from this, developments in IR sensing technology are helping to streamline device integration in order to make an automated system more efficient thereby propelling the market in developed economies as well. In October 2019, Terabee introduced its first industrial smart distance sensor. The sensor has six inbuilt modes of operation with customizable distance parameters that can be set for fast and simple set-up using teach-in buttons. The sensor is highly adaptable, such that a range of tracking, control, and distance sensing applications can satisfy requirements for various operation. Such product launches further is anticipated to propel the market growth.

Food and Beverage Temperature Sensor Market Segment Analysis - By End user Type

Food segment held the highest market share in 2020 and is anticipated to witness significant market growth with CAGR 4.3% during the forecast period 2021-2026. The growing popularity of automation, as well as the growing demand for smart wearables, are some of the major reasons driving the growth of the temperature sensors market. The rapid rise can be due to its widespread use in smart monitoring technology in emerging countries. Temperature sensors finds application in heating and cooling, ventilation, fire detection systems, and others in this industry. The market's growth is being aided by the growing use of industrial automation application. Furthermore, market participants have expanded their product development to meet the increasing demand from competitors. For instance, in November 2019, Azbil Corporation launched a sealing temperature sensor for HVAC building automation. The sensor has a faster response time and increased accuracy, making it a prominent choice for indoor applications. Moreover, rising demand of digital temperature sensor for accurate temperature monitoring across the vertical boosts the market growth. People nowadays rely heavily on consumer electronic items such as mobile gadgets, such as wearables, phones, and tags, among other things in the industrial sector as well. Growing requirement for advanced electronic goods for industrial automation , as well as the expanding need for smart meters in the food and beverage industry, propels the consumer electronics application. Thus, the increasing use of these items necessitates the inclusion of in-built digital temperature sensors. These factors thus contributes towards the enhancement of market expansion.

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Food and Beverage Temperature Sensor Market Segment Analysis - Geography

APAC region is estimated to witness the highest market growth rate of CAGR 12.4% during the forecast period 2021-2026. The market growth in this region is attributed to growing application of temperature sensors in beverage end user vertical. Moreover, increasing demand towards thermal imaging systems within the sector, and others benefits the market growth. Furthermore, increasing industrial automation, especially within the food & beverages sectors, is expected to drive the demand for temperature sensors in APAC. China, India, Japan, South Korea, and Australia are a few major countries that are contributing to the increase in demand for temperature sensor market in the APAC region. Such initiatives will further boost the demand for temperature sensors within the market in the near future. Additionally, with government funding on improving safety standards towards industrial procedures, there is increasing demand towards thermal imaging systems for monitoring various safety solutions. Such factors are anticipated to create high growth for temperature sensors within medical applications in order to provide efficient quality safety standards. In 2020, China’s Jiuyou Fund had announced of investing an amount of SEK 40 million ($ 4 million) in a Swedish based plastic passive infrared sensor manufacturer, JonDeTech Sensors AB. The sensor can be used for a range of applications including car heat surveillance, temperature surveillance for smartphones, fire detection and wearable and many others. In March 2020Emerson Electric Co., a provider of automated and commercial & residential solutions to a variety of sectors, introduced the Rosemount 214C temperature sensors. The new temperature sensors are equipped with a choice of thermocouple types and element combinations. This product launch assists the firm in strengthening its product portfolio. Such investments and product launches further will propel the market growth in this region during the forecast period 2021-2026.

Food and Beverage Temperature Sensor Market Drivers

Rising adoption of temperature sensors in Automation

Temperature sensors are used in the industrial sector to detect the temperature of an industrial process, storage temperature, and air to guarantee optimal operation. Automation temperature sensors usually consist of either a thermistor, thermocouple, resistance temperature detector or an infrared device. The demand for industrial automation is increasing as the rising wages and need for efficiency are driving a shift towards augomation growth. Furthermore, the global adoption of improved safety solutions, the rapid development of robotics, and the advancement of sensor fusion technology will all provide new opportunities for the automation temperature sensor market throughout the projected period.

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Rising deployment across Processing Plants

Processing plants create a lot of heat, which might jeopardize the end product stability and integrity. As a result, there's a higher need for temperature sensors, which may assist detect anomalous temperatures and monitor power incursion and humidity throughout the process and storage facilities. The temperature sensor market benefits from the increased demand for processed food across the world which is driving the need for increased food and beverage processing plants.

Food and Beverage Temperature Sensor Market Challenges

Low sensitivity towards external environment is anticipated to hinder the Food and Beverage Temperature Sensor Market growth. Some of the temperature sensor types have a limited temperature range, which leads to device failure and increased expenses. For instance, Resistive Temperature Detectors (RTD) have very poor thermal sensitivity, that is, a change in temperature only produces a very small output change. Thus, low sensitivity to the external environment is one of the issues limiting market growth, which has a negative influence on the adoption of these sensors for industrial applications.

Food and Beverage Temperature Sensor Market Landscape

Partnerships and acquisitions along with product launches are the key strategies adopted by the players in the Food and Beverage Temperature Sensor Market. As of 2020, the market for Food and Beverage Temperature Sensor Market is consolidated with the top players including TE Connectivity, Texas Instrument, On Semiconductor, Honeywell International, Inc, ABB Group, Robert Bosch GmbH, Omega Engineering, ABLIC Inc, Yokogawa, Instrumentation Dynatherm Inc. and others.

Acquisitions/Technology Launches/Partnerships

In Feb 2020, Texas Instruments has added linear thermistors to its temperature sensing portfolio, which are up to 50% more accurate than negative temperature coefficient (NTC) thermistors. The greater precision of TI's thermistors allows operating closer to the temperature limitations of the other components and the system as a whole. It can help engineers maximize performance while reducing bill-of-materials (BOM) and total solution cost. In November 2019, Azbil Corporation launched a sealing temperature sensor for HVAC building automation. The sensor has a faster response time and increased accuracy, making it a prominent choice for indoor applications.

Fruit and Vegetable Processing Equipment Market Size, Share, Forecast 2022-2028

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the Global Fruit and Vegetable Processing Equipment Market was worth USD 3.14 billion in the year 2021. The market is projected to grow at a CAGR of 8.9%, earning revenues of around USD 5.24 billion by the end of 2028. Globalization, which has expanded trade and led some food and beverage sectors to begin ambitious R&D operations, is mostly to blame for the market's quick expansion. Advanced food ingredient and food processing technologies include membrane technology, super-critical fluid technology, and molecular processes like Polymerase Chain Reaction (PCR) and High-Pressure Processing (HPP). Other cutting-edge processing techniques involve non-thermal preservation techniques to maintain the texture and freshness of food products. These techniques include pulsed electric fields, ultrasound, pulsed light, and hurdle systems. The creation of new machinery as well as the enhancement of existing ones is a major area of attention for industry participants in the fruit and vegetable processing industry. To increase awareness and enhance the applications of fruit, there is also a greater emphasis on the expansion of facilities, marketing strategies, and information-sharing programs. The market for equipment to process fruits and vegetables, though, may face more difficulties shortly due to the increase in the cost of energy and power.

Demand for Convenience Foods is Increasing

Over the past two decades, ready-to-eat items have gradually replaced traditionally prepared breakfasts and snacking meals in developing nations like China, India, and Brazil in terms of consumer preferences. According to a "Food Processing" article from December 2020, sales of pantry items and other household essentials increased during COVID-19. Sales of frozen foods increased by 40% in March, while sales of canned soup increased by 200% year over year. Fruit juices and other comfort foods saw a particularly sharp increase in demand. This has helped the market for processing fruits and vegetables expand. All these factors boost the growth of the Global Fruit and Vegetable Processing Equipment Market during the forecast period (2022-2028).

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Utilizing Energy-Efficient Equipment for Food Processing

The key companies in the food sector are switching to multipurpose, energy-efficient equipment for food processing, which could lower costs and result in long-term product development. For instance, Tetra Pak has created sophisticated equipment options that allow beverage manufacturers to carbonize at a low cost. Additionally, a significant portion of the world's industrial energy consumption is used for food production. For the food processing equipment business to expand, it is essential to develop energy-efficient equipment, increase equipment safety, and reduce maintenance costs. In the beverage processing sector, versatility in terms of aesthetic design and the ability to transition between products with little downtime is increasingly important.

Challenge: Infections and Deterioration of the Body's Systems

The value chain for fresh food is a fundamental part of agricultural production. It influences a variety of other things, such as farmer profit margins, export circumstances, and the effects on a nation's economy. Normal physiological changes brought on by circumstances that speed up natural deterioration, like hot temperatures, low air humidity, and physical harm, can raise the chance of loss. When fresh food is exposed to temperature extremes, air changes, or contamination, aberrant physiological degradation is frequently seen. The produce may become unusable as a result of unpleasant flavors, failure to ripen, or other changes in the biological processes of the food.

Segmental Coverage

Global Fruit and Vegetable Processing Equipment Market – By Operation Type

Based on operation type, the Global Fruit and Vegetable Processing Equipment Market are segmented into Automatic and Semi-Automatic. The semi-automatic sector has the biggest market share among these. A semi-automatic technique involves the collaboration of man and machine, with both human and artificial processes supervised by a centralized computer controller. Workers handpick fresh vegetables and fruits and transfer them to machines for further processing while using these machines. Semi-automatic fruit and vegetable processing equipment are more energy efficient. During the projected period, all of these factors contribute to the growth of the Global Fruit and Vegetable Processing Equipment Market (2022-2028).

Impact of COVID-19 on Global Fruit and Vegetable Processing Equipment Market

The Covid-19 epidemic had a substantial impact on food security, food safety, and food conservation. Consumer views toward eating have shifted dramatically as a result of a greater emphasis on safety and quality. Manufacturers are now compelled to analyze the safety standards of their products to maintain the market value of their products. As a result of the Covid-19 pandemic, a significant portion of the global population has altered their food habits. Many people are eating fewer fresh fruits and vegetables as a result of the diminished availability of traditional supermarket formats and venues. More processed goods, such as convenience foods and processed foods, have evolved to replace these products.

Competitive Landscape

The leading market players in the Global Fruit and Vegetable Processing Equipment Market are Robert Bosch GmbH, Buhler Group, FTNON, GEA Group AG, JBT Corporation, Krones AG, Maxwell Chase Technologies, Meyer Industries, Scholle Packaging, Turatti SRL, and other prominent players. The Global Fruit and Vegetable Processing Equipment Market are highly fragmented with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are used.

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Food Processing Industry Facilitating MEA Industrial Refrigeration Systems Market Growth

 The growth of the food processing industry in countries like Qatar and Saudi Arabia will play a vital role in the advancement of the MEA industrial refrigeration systems market. In the coming years, the region will witness a substantial rise in consumption of ready-to-eat meal and number of food outlets, owing to which the demand for refrigeration systems will surge exponentially. The industrial refrigeration systems will be used by the food processing sector and restaurants to retain the freshness and nutrition of food items and drinks. 

Moreover, booming demand for refrigeration solutions from the chemical and oil refining industries will also drive the market in the forecast years. The oil refining industry require refrigeration for preservation of compounds, dehumidification of air, and condensation of gases. The Middle Eastern nations like Kuwait, Saudi Arabia, Qatar, and Iran are some of the largest suppliers of petrochemicals in the world, due to the presence of numerous oil fields. Whereas, the chemical industry needs refrigeration systems to maintain the temperature of finished and semi-finished products and raw materials. 

Currently, the practice of using natural refrigerants, such as water and carbon dioxide (CO2), is providing lucrative opportunities to companies operating in the MEA industrial refrigeration systems market. This is because the application of CO2 offers higher efficiency than the other refrigerants like chlorofluorocarbon (CFC), hydrofluorocarbon (HFC), and hydrochlorofluorocarbon (HCFC). Moreover, the non-hazardous property of CO2 makes it a more viable option than other chemicals. Unlike other refrigerants, CO2 does not lead to ozone layer depletion.  

The equipment segment of the MEA industrial refrigeration systems market is categorized into controls, compressors, evaporators, condensers, and others including, vessels, pumps, auxiliary equipment, and valves. Among these, the compressors category accounted for the largest market share in 2017, owing to the highest cost of this equipment. Whereas, the controls category is expected to display the fastest growth during the forecast period. This can be attributed to the cost advantages offered by the controls by enhancing overall efficiency, while offering additional customization features. 

Geographically, the U.A.E. dominated the MEA industrial refrigeration systems market in 2017 and it is expected to register the highest growth in the forecast years. This can be ascribed to the hot climate and huge influx of tourists in the country. A surge in the number of tourists has a positive impact on the food and beverages sector, which further supports the market growth. Additionally, the expansion of the food and beverages industry in the country is also driven by the increasing purchasing power and rising expats. 

Thus, the expansion of food processing, chemical, and oil refining industries in MEA countries will boost the market growth in the near future. 

Hot Food Processing Equipment Market Worth $35.72 Billion By 2030

Hot Food Processing Equipment Market Worth $35.72 Billion By 2030

Hot Food Processing Equipment Market Growth & Trends The global hot food processing equipment market size is expected to reach USD 35.72 billion by 2030, registering a CAGR of 6.3% during the forecast period, according to a new report by Grand View Research, Inc. The market is primarily driven by increasing demand for bakery products, processed foods, and rising meat consumption coupled with…

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Corrugated Boxes Market Share, Trends, Analysis and Forecasts, 2020-2030

Rising demand from various end-use industries including food and beverages, consumer electronics, and e-commerce, are expected to drive industry growth over the next couple of years. However, rising installation cost and need for high-end machinery and equipment is anticipated to hamper industry growth. Manufacturing process include designing, layout, die-cutting and wastage recovery. Requirement of high-end machinery and equipment for applications including emission control, cooking and pulp-storage is likely to increase manufacturing cost as well. Asia Pacific region currently holds major market share, owing to the strong economic developments in the region over the past few years. Major players dominating the global market include Smurfit Kappa Group Plc, International Paper Company, WestRock Company, Georgia Pacific LLC, and Pratt Industries, Inc.

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The report titled “Corrugated Boxes Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global corrugated boxes market. Furthermore, the report would reflect on the key developments, global & regional sales network, business strategies, security & exchange overview, research & development activities, production facilities, product portfolio, employee strength, and key executive, for all the players considered under the scope of study. In January 2018, French private equity firm PAI Partners was in exclusive talks to buy Albéa in a $1.5bn deal. Albéa is one of the world’s leading beauty and personal care packaging companies, providing a wide range of solutions for the make-up, fragrance, skincare, personal and oral care markets.

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The corrugated boxes market study takes into consideration market segmentation based on material type, printing ink type, printing technology, product type, and geography. Based on Material Type, the market is segmented into virgin containerboard and recycled containerboard. Based on printing ink type, the corrugated box market is segmented into water-based ink, UV-curable ink, hot melt-based ink and solvent-based ink. Based on printing technology, the global market is segmented into digital printing, flexography printing, lithography printing and others. Based on product type, the corrugated box market is segmented into slotted boxes, telescope boxes, rigid boxes, and folder boxes. Based on geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Additionally, the study provides in-depth analysis of individual company considered under the scope of study with a focus on all operating business segment, and would identify the segment of the company focusing on corrugated boxes market. Further, market share of company in the global would also be calculated. For instance, Mondi PLC operates through three segments namely Fibre Packaging, Consumer Packaging, and Uncoated Fine Paper. Moreover, the company offers Sustainable Fragrance Packaging products and services under the Corrugated Boxes segment which generated revenue of US$ 4603.63 Mn in 2018.

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The report study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the corrugated boxes companies. Furthermore, the global corrugated boxes market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the corrugated boxes market business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global corrugated boxes market. For instance, Mondi PLC reported revenues of US$ 8.38 Billion in 2018 and the segment and geographic analysis of the company indicates that Fibre Packaging is the dominating revenue segment of the company, with the Europe being the major revenue generating region.

Global Spray Dying Equipment Market Scope and Challenges

Global Spray Dying Equipment Market will exhibit a CAGR of 8.39% for the forecast period of 2022-2029

Global Spray Dying Equipment Market Analysis and Insights:

Spray drying is a method of using hot air to turn a slurry or liquid into a dry powder. Thermally sensitive goods such as pharmaceuticals and food commodities are dried using spray drying equipment. Spray drying is a method of converting a liquid or slurry into a dry powder by rapidly drying it with a hot gas. Many thermally sensitive products, such as foods and pharmaceuticals, favour this method of drying. Spray drying some industrial items, such as catalysts, requires uniform particle size dispersion.

The rising pharmaceutical, food, and chemical industries are driving the global spray drying equipment market. Furthermore, the high rate of urbanisation, growing population, changing lifestyles, and rising domestic income are some macroeconomic factors that are positively impacting the worldwide spray drying equipment market. Other factors including growing consumption of processed food, growing awareness about nutritional content and technological advancement as well as innovations will cushion the market’s growth rate.

Moreover, the rise in encapsulation applications of food products and new application in ceramic and pharmaceutical industry will boost the opportunities for the growth of spray drying equipment market.

However, high installation and maintenance expenses and a scarcity of trained engineers will hamper the market growth rate. Also, high price associated with product will challenge the spray drying equipment market throughout the projection period.

To achieve noteworthy business growth and maximum return on investment (ROI), adopting supreme spray drying equipment market research report is truly beneficial. The report comprises of most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. This market report has been framed by taking into account several factors of the present and upcoming market scenario. Statistical and numerical data covered in the spray drying equipment report is represented using graphs and tables which simplify the understanding of facts and figures.

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Global Spray Dying Equipment Market Scope and Market Size:

On the basis of type, the spray drying equipment market is segmented into rotary atomizer spray dryer, nozzle atomizer spray dryer, fluidized spray dryer, closed loop spray dryer, centrifugal spray dryer and others.

Based on application, the spray drying equipment market is segmented into food, pharmaceutical, chemical and others.

Based on the cycle type, the spray drying equipment market is segmented into open cycle and closed cycle.

Global Spray Dying Equipment Market Country Level Analysis:

The countries covered in Global spray drying equipment Market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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Competitive Landscape & Spray Dying Equipment Market Share Analysis:

Global spray drying equipment Market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Global spray drying equipment Market.

 The analysis and estimations carried out via spray drying equipment market analysis report helps to get the details about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values. The report assists in determining and optimizing each stage in the lifecycle of industrial process that includes engagement, acquisition, retention, and monetization. The report endows with the abundant insights and business solutions that will help attain the new horizons of success. Global spray drying equipment market report contains most recent and efficient market insights with which businesses can ponder to augment their marketing, advertising, promotional and sales strategies.

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 Major Players:

New AVM Systech Pvt.Ltd.,

ACMEFIL ENGINEERING SYSTEMS PVT. LTD.,

Changzhou Lemar Drying Engineering Co. Ltd.,

Labplant,

GEA Group Aktiengesellschaft,

SPX FLOW, Inc.,

Dedert Corporation, 

Major TOC of the Report:

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview  

Chapter Four: Executive Summary

Chapter Five: Premium Insight

Chapter Six: COVID-19 Impact on Global spray drying equipment Market

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