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Food Vacuum Drying Machine Market Is Forecast To Surpass USD 1,728 Million By 2032

food-vacuum-drying-machine-market-forecast-2022-2032

The market for food vacuum drying machines is expected to reach USD 1,728 million by 2032, rising at a CAGR of 3.6% from 2022 to 2032. The market is expected to reach USD 1,215 million in 2022.

Around 30% of the total revenue made by the global food dryer market in 2021 came from the market for food vacuum dryers. During the evaluation period of 2022–2032, the food vacuum drying machine industry is predicted to offer an absolute dollar potential of USD 513 Million.

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The current growth curve of the food vacuum drying machine market is preeminently influenced by surging count of food projects lined up over the time. The growing fad for customized food vacuum drying machines across all the regions of the globe is also fortifying the growth aspects by a significant margin. This, in turn, is further poised to encourage manufacturers to frame robust tactics and extend their product specialties. Also, the vogue of customized food vacuum dryers is stimulating revival of the overall value chain process, which will augur well for the growth of food vacuum drying machine market. With OEMs and Aftermarket playing a crucial role in the Food Vacuum Drying Machines Market, the demand from food applications is all set to sway the global food vacuum drying machines market; hence creating promising aspects for manufacturers.

Key Companies Profiled

  • GEA Group Aktiengesellschaft
  • ANDRITZ AG
  • Bucher Unipektin AG
  • BINDER GmbH
  • OKAWARA MFG. Co., LTD.
  • Turatti Group
  • EnWave Corporation
  • Devex Verfahrenstechnik GmbH (KAHL Group)
  • Hosokawa Micron B.V.
  • Hegatec Engineering GmbH

By product type, continuous vacuum freeze belt dryer is poised to account for the highest market value by 2028. In terms of growth, the continuous vacuum belt dryer is foreseen to grow at the highest CAGR of 3.7% by overpowering all other product types. By operating principle, indirect drying is foreseen to lead in terms of revenue outpacing direct drying principle. Indirect drying is also foreseen to outshine direct drying with regard to growth. Indirect drying is envisioned to grow at a CAGR of 3.2% during the assessment period of 2018 to 2028. North America had stood out with a notable market share in 2018 and this region is likely to lead by 2028 end.

Adoption of superheated steam dryers is estimated to evolve as an emerging trend in the wake of several advantages offered including energy recovery, high rate of drying, minimalized equipment capital cost and size, lower environmental impacts, and many more. Market consolidation and expansion has also been stated as one of the most-anticipated trends in the upcoming market scenario. The surging reliance of manufacturers on consolidation and expansion is anticipated to meet the rising demand, gain access to markets with high potential in APAC, and to magnify their stronghold in prime regions such as Europe and North America.

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The most recent development in the market for food hoover dryers is the growth and persistent production of dried food as opposed to batch manufacturing of food. This suggests that the market for continuous vacuum freeze belt dryers will experience a surge in sales, and that the demand won’t be slowing down any time soon.

The main strategy used by the producers of food vacuum drying equipment will be to increase the quantity of continuous vacuum freeze belt dryers in order to attract attention and boost sales. Continuous vacuum freeze belt dryer is anticipated to dominate the market over the anticipated timeframe, both in terms of value and volume.

Global Food Vacuum Drying Machine Market Segments

  • By Product Type :
    • Continuous Vacuum Belt Dryers
    • Continuous Vacuum Freeze Belt Dryers
    • Vacuum Drying Cabinets
    • Pilot Vacuum Dryers
  • By Operating Principle :
    • Direct Drying
    • Indirect Drying
  • By Mesh Type :
    • Plain Weave
    • Twill Weave
    • Plain Dutch Weave
    • Twill Dutch Weave
    • Reverse Dutch Weave
    • Five Heddle Weave
  • By Material Type :
    • Polyester
    • Polyamide
    • Poly-ether-ether-ketone
    • Other
  • By Region :
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

The market of food vacuum dryers is slated to be a highly consolidated one with a less number of players holding around two-thirds of the global market share. Manufacturers indulged in the manufacturing of food vacuum drying machines have dramatically evolved, primarily at the regional frontiers and in China. This proliferation is attributable to presence of advance manufacturing technology and cost-effective machinery. On the contrary, several governmental regulations pertaining to design & development of vacuum drying machines, rate of high power consumption and the shelf life of machines are few of the key impediments likely to thwart the global market growth. The manufacturers are also foreseen to strive for long-term supply contracts in the wake of several realizations tied to price correction.

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