Food Deaerators Market:
Executive Summary
Global Food Deaerators Market is valued approximately USD 288.99 Million in 2019 and is anticipated to grow with a healthy growth rate of more than 5.75% over the forecast period 2020-2027. Food Deaerators are devices that are used for the elimination of any oxygen and other dissolved gases and air from meals and beverages, so that the fermentation and spoilage of meals and drinks may be not on time for a period. The concept used for deaerator is of reaching the saturation temperature with the availability of minimalistic strain drop and venting talents. The global spread of coronavirus adversely affected the growth of food deaerators industries due to the stringent government initiatives. As the many governments of major coronavirus affected regions such as India, China, United States, and Germany announced lockdown which results in slowdown in productivity of manufacturing facilities of food & beverage sectors. Whereas, the rapid growth in food processing industry and demand for ready to eat meals is the factor paving the growth of market due to the commendable role of food deaerators in preventing food from fermentation and spoilage. For instance: as per the India Brand Equity Foundation (IBEF), the food processing industry in India was USD 258 billion in 2015 and increased up to USD 400 billion in 2019. Also, as per Statista, the food manufacturing industry in Germany was USD 231.51 billion in 2019 and over 24.6% of revenue was generated by the subindustry “pProcessing and preserving of meat”. In addition, rise in per capita consumption of beverage is the factor propelling the growth of market over the forecast years.
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The regional analysis of global Food Deaerators Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise in per capita consumption of beverages. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rise in demand for read to eat foods and food processing industries would create lucrative growth prospects for the Food Deaerators Market across Asia-Pacific region.
Major market player included in this report are:
Kinova Robotics
JBT Corporation
Alfa Laval
SPX Flow
Stork Thermeq B.V.
Parker Boiler Co.
Indeck Power Equipment Company
Cornell Machine Co.
Mepaco
Fulton Thermal Corporation, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Function offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Function:
Oxygen removal
Water Heating
Aroma & Flavor retention
Other
By Type:
Spray-Tray Type Deaerators
Spray Type Deaerators
Vacuum Type Deaerators
By Application:
Beverages
Food
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Food Deaerators Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Continuous…
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NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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