Rockville , March 07, 2023 (GLOBE NEWSWIRE) -- Based on the analysis by market research and competitive intelligence providing company Fact.MR, the Europe drum dehydrator market is estimated at US$ 219.4 million in 2023 and is expected to expand at a CAGR of 3.9% during the forecast years of 2023-2033.
Drum dehydrators are exploring their flourishing demand across the feedstock, food industry, nutrition industry, chemicals, and other sectors. Drum dehydrator are available in various forms and sizes as per requirement drum dehydrator or dryers dry the wet product and turn it into powder, flakes, or other forms. Drum dehydrator extend the life of food products, chemicals, and others by drying.
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Processed or packaged food demand is pullulating nowadays, which, in turn, reframes the growth trajectory of the drum dehydrator market. Technology advancement and customization options appear as growth boosters to the market. Germany and France emerged as potential markets for the drum dehydrators' growth during the forecast period.
Key Takeaways from Market Study
- Europe drum dehydrator market was valued at US$ 215.6 million in 2022
- Europe drum dehydrator market is projected to expand at a CAGR of 3.9% and be valued at US$ 320.6 million by 2033
- The market witnessed a 3.1% CAGR for the period of 2018-2022
- Germany to dominate the market with a 25.0% market share in 2023
- France accounts for the highest CAGR growth during the forecast period i.e., 4.5% from 2023-2033
- Based on technology, the market is bifurcated into vacuum filters and centrifugation, among them, centrifugation accounts for the major market share in 2022 and is estimated to grow at a CAGR of 3.9% from 2023-2033
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Key Companies Profiled:
- Hungry Giant
- Totemic
- Somat
- Ecovim
- SoilFood
- Koenig & Bauer AG
- Schott & Meissner Maschinen- und Anlagenbau GmbH
- Cimbria
Market’s Key Stratagems
Eminent market players such as Hungry Giant, Totemic, Somat, Ecovim, and SoilFood, among others, are adopting various ground-breaking strategies to remain competitive in the market over the forecast period and gain high-profit margins. Among key strategies, product launch with innovation and integration with advanced technology coupled with low pricing emerges as a game-changing strategy to attract more customers in a competitive environment.
Further, digitalization helps the brand to enhance its market presence and understand customer needs better, which bolsters the sales of its product. Long-term trade relations with their distributors and major customers assist market players to survive unfavorable trade situations.
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Segmentation of Drum Dehydrator Industry Research
By Feed Form:
- Viscous Liquid (80-90%)
- Very Thick Liquid (60-80%)
- Non-consistent Solid (40-60%)
- Compact Solid (15-40%)
- Powdered Solid (<15%)
By Technology:
- Vacuum filters
- Centrifugation
By End-Use:
- Food Service Industry
- Food Processing Industry
- Municipal Corporations
By Country:
- Germany
- UK
- France
- Spain
- Italy
- BENELUX
- NORDICs
- Portugal
- Rest of Europe
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the Europe drum dehydrator market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.
The study reveals essential insights on the basis of feed form (viscous liquid (80-90%), very thick liquid (60-80%), non-consistent solid (40-60%), compact solid (15-40%), and powdered solid (<15%)), technology (vacuum filters and centrifugation), end-use (food service industry, food processing industry, and municipal corporations), across major countries in Europe (Germany, UK, France, Spain, Italy, BENELUX, NORDICs, Portugal, and Rest of Europe).
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