Food Deaerator Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Vacuum Type, Spray Type, Spray- Tray Type Deaerator), By Application (Food, Beverages), By Function (Water Heating, Aroma & Flavour Retention, Oxygen Removal, Others), And By Geography – Forecast From 2019 To 2024
- Published : Jun 2021
- Report Code : KSI061612763
- Pages : 121
Food Deaerator Market is projected to grow at a CAGR of 3.22% during the forecast period, reaching a total market size of US$348.364 million in 2024 from US$288.063 million in 2018.
Food deaerators are machines that are used to remove gases from liquids. In this, the liquid is spread on a rotating disc within a high vacuum to remove the dissolved gases from the liquid. The market is expected to grow due to the increasing food and beverages industry. The increased demand for convenience food along with raising awareness about the harmful effects of dissolved gases is expected to boost the market. Increasing demand for the long shelf life of consumer-durable food products is anticipated to drive the growth of the market. Government investment in food processing machinery and equipment is creating a positive opportunity for the growth of the market. Moreover, technological investment in the development of new food and beverage processing machinery is projected to grow the market. However, high maintenance and the initial cost of the equipment are expected to hinder the market. The market is segmented into type, application, function, and geography. Basis of type, the spray-tray type is expected to hold a significant share in the market owing to its large adoption in the beverage industry due to its efficiency and effectiveness. Geographically, North America is projected to be a substantial shareholder in the market during the forecasted period due to high investment in R&D and advancements in technology.
Growing demand for long shelf-life products.
Rising awareness about the ill effects of dissolved gases.
Increasing government investments in the food industry.
High capital investment required
High maintenance cost of equipment
In January 2018, GEA acquired Vipoll to become a food supplier of complete processing solutions in the beverages industry.
The major players profiled in the Food Deaerators market are SPX Flow, INDECK Power Equipment Company, Parker Boiler Co., Alfa Laval AB, The Cornell Machine Company, GEA Group AG, Stork Thermeq B.V., Thinky USA, Inc., and Jaygo Incorporated.
Food Deaerator Market Scope:
|Market size value in 2018||US$288.063 million|
|Market size value in 2024||US$348.364 million|
|Growth Rate||CAGR of 3.22% from 2018 to 2024|
|Forecast Unit (Value)||USD Million|
|Segments covered||Type, Application, Function, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||SPX Flow, Parker Boiler Co., Alfa Laval AB, The Cornell Machine Company, GEA Group AG, Stork Thermeq B.V., Jaygo Incorporated.|
|Customization scope||Free report customization with purchase|
The food deaerator market has been analyzed through the following segments:
- By Type
- Vacuum Type Deaerator
- Spray Type Deaerator
- Spray- Tray Type Deaerator
- By Application
- By Function
- Water heating
- Aroma & Flavour Retention
- Oxygen Removal
- By Geography
- North America
- South America
- United Kingdom
- Middle East and Africa
- South Africa
- Asia Pacific
- South Korea
- North America
Frequently Asked Questions (FAQs)
Q1. What will be the food deaerator market size by 2024?
A1. The food deaerator market is projected to reach a total market size of US$348.364 million by 2024.
Q2. What is the size of the global food deaerator market?
A2. Food Deaerator market was valued at US$288.063 million in 2018.
Q3. What are the growth prospects for the food deaerator market?
A3. The global food deaerator market is projected to grow at a CAGR of 3.22% during the forecast period.
Q4. What factors are anticipated to drive the food deaerator market growth?
A4. The increased demand for convenience food along with raising awareness about the harmful effects of dissolved gases is expected to boost the food deaerator market.
Q5. Which region holds the largest market share in the food deaerator market?
A5. Geographically, North America is projected to be a substantial shareholder in the food deaerator market during the forecasted period due to high investment in R&D and advancements in technology.
Parker Boiler Co.
Alfa Laval AB
The Cornell Machine Company
GEA Group AG
Stork Thermeq B.V.
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