Food Industry Pulsed Electric Field (PEF) Systems Market to increase by USD 333.04 million during 2022-2027; Increased need for food sterilization to drive the growth - Technavio

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Jan 15, 2024, 21:15 ET

NEW YORK, Jan. 15, 2024 /PRNewswire/ -- The food industry pulsed electric field (PEF) systems market size is set to grow by USD 333.04 million between 2023 and 2027 and decline at a CAGR of 28.19%, according to Technavio's latest market research report. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The report is segmented by Application, Type, and Geography. The liquid food segment will be significant during the forecast period. PEF systems preserve liquid food by inactivating microbes, enhancing quality, and extending shelf life. Juices, dairy products, and more benefit from PEF, retaining sensory traits, freshness, color, and safety. These advantages drive the demand for PEF systems in the liquid food industry.

Technavio has announced its latest market research report titled Global Food Industry Pulsed Electric Field Systems Market 2023-2027

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Food Industry Pulsed Electric Field (PEF) Systems Market 2023-2027: Segmentation

Application

Liquid Food
Solid Food

Type

30-50 KV/cm
10-30 KV/cm

Geography

Europe
North America
APAC
South America
Middle East And Africa

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The report also covers the following areas:

Food Industry Pulsed Electric Field (PEF) Systems Market 2023-2027: Market Dynamics

Driver

The increased need for food sterilization drives market growth. This expansion is fueled by pioneering entities like Elea GmbH, Pulsemaster, and Diversified Technologies pioneering PEF technology. Innovations by TOMRA Food, Steribeam, Steribest, and CoolWave Processing further propel the sector. This confluence of advancements signifies a pivotal shift towards advanced food processing, highlighting the significance of Pulsed Electric Field Systems in boosting food processing innovation.

Trend

The adoption of PEF systems as an alternative to thermal pasteurization is an emerging market trend. This trend aligns with the quest for non-thermal food processing and preservation technology, contributing to sustainable food processing. PEF applications, embraced for their role in improved food quality and safety, have positioned themselves as innovative food technologies, highlighting the advancements in food industry machinery offered by PEF system suppliers.

Challenge

The high initial cost of setting up PEF systems hampers market growth. This financial challenge is a potential impediment to market growth despite the advantages of fresh food preservation and the effectiveness of high-voltage pulsed electric field systems in enhanced food shelf life. Overcoming this challenge is crucial for sustained growth within the broader food technology market and boosting the PEF industry growth.

Food Industry Pulsed Electric Field (PEF) Systems Market 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist food industry pulsed electric field (PEF) systems market growth during the next five years
Estimation of the food industry pulsed electric field (PEF) systems market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the food industry pulsed electric field (PEF) systems market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of food industry pulsed electric field (PEF) systems market vendors

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ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Application

Market Segmentation by Type

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

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SOURCE Technavio