The food vacuum machine market size reached USD 11.94 Billion in 2020 and is expected to register a CAGR of 4.7% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for cooked meals in the form of ready to eat packages is expected to drive global food vacuum machine market revenue growth to a significant extent during the forecast period.
The latest market intelligence study on the Food Vacuum Machine market performs an extensive analysis of the competitive landscape and growing investment pocket of the Food Vacuum Machine market for the forecast period, 2021 – 2028. The tailor-made study probes into the current and future trends of that are likely to shape the development of the Food Vacuum Machine industry to give the business owners a competitive edge and help them stay ahead of their rivals. The best of both research techniques including qualitative and quantitative are applied to gauge the market size, share, and growth rate.
Food vacuum machines are ideal for enterprises and food producers who would want their products to last for a longer duration and also save shelf space in retail stores. Growing awareness about use of sterile packaging in order to restrict contamination in food products is another key factor expected to propel growth of the food vacuum machine market going ahead. Increasing integration of automation in food vacuum machines to increase operational efficiency is also expected to boost food vacuum machine market growth to a significant extent.
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Some Key Highlights From the Report
Chamber vacuum machine segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing use of chamber vacuum machines among end-users due to high quality vacuum packaging and light weight machine body that helps in easy transportation is expected to boost revenue growth of this segment going ahead.
Increasing demand for transparent and light-weight packaging is expected to drive revenue growth of flexible packaging segment since it is lightweight and cheaper packaging cost, which is expected to lead in terms of revenue contribution to the food vacuum machine market during the forecast period.
In terms of revenue share, the ready to eat segment is expected to register significant growth over the forecast period due to increasing demand for ready to eat products among the working demography.
Factors such as rising disposable income among consumers in countries in Asia Pacific due to busy lifestyle, hectic work schedule, and increasing preference towards precooked meals is expected to drive growth of the market in the region during the forecast period.
The competitive landscape section of the report talks about the recent advancements in the R&D and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.
Key market participants include ULMA Packaging Limited, John Bean Technologies Corporation Limited, MULTIVAC Sepp Haggenmuller Verwaltungs SE, Electrolux Professional Limited, Henkelman Vacuum, Henkovac International B.V., Promarksvac Corporation Limited, NutriChef Kitchen, LLC, Metos Oy Ab, and Astrapac Midlands Limited
The global Food Vacuum Machine market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Food Vacuum Machine market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Food Vacuum Machine market.
Emergen Research has segmented the food vacuum machine market on the basis of machinery type, packaging type, end-use, application, and region:
Machinery Type Outlook (Revenue, USD Billion; 2018–2028)
Chamber Vacuum Machines
External Vacuum Sealers
Tray Sealing Machines
Packaging Type Outlook (Revenue, USD Billion; 2018–2028)
End-use Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
Ready to Eat Products
Fish and Meat
Sauces and Dressings
Milk and Milk Products
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The research study also offers insights into various regulatory frameworks and evaluates the growth of the industry in each key region of the world. The report also provides an assessment of the micro and macro-economic factors influencing the growth of the market in the mentioned regions. The global Food Vacuum Machine market is segmented into the following based on the key regions of the world:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The all-inclusive report on the Global Food Vacuum Machine Market added by Emergen Research demonstrates that the global Food Vacuum Machine market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Food Vacuum Machine market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.
Summary of the Global Food Vacuum Machine Report:
Comprehensive analysis of the market including risks and opportunities
Details of business strategies and plans undertaken by key market players
Analysis of current and future trends that will affect the growth of the market in the forecast timeline
In-depth analysis of drivers and constraints for better understanding of the market
The report encompasses a detailed forecast for the years 2021-2028.
The report provides valuable insights on key market growth driving trends and monetary competence in the forecast timeline.
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