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:
Free Customization Offerings
1. Company Profiling
2. Regional Segmentation
3. Competitive Benchmarking
Some of the key players profiled in the Food Vacuum Machine Market include
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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CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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