Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.1 Billion | USD 17.1 Billion | 8.1% | 2022 |
The global spiral freezer market size was evaluated at USD 10.1 Billion in 2022 and is slated to hit USD 17.1 Billion by the end of 2030 with a CAGR of nearly 8.1% between 2023 and 2030. The spiral freezer market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global marketplace.
The report covers the geographical market along with a comprehensive competitive landscape analysis. Additionally, the spiral freezer industry report explores the investor and stakeholder space to help companies make data-driven decisions.
Spiral freezers are versatile systems that are utilized for rapidly cooling and freezing food products in the industry. Reportedly, the food products can be frozen in either a batch or individually. The components that are utilized in these versatile systems must be highly durable with high-temperature range and mechanical loads involved in the operations being very high. The mechanical conveyor systems are utilized for operating the spiral freezer and access to its components is enabled as it helps in cutting down space across the belt.
Growing popularity of seasonal dietary intake to expedite the global market expansion over 2023-2030
Escalating demand for high-quality products is projected to embellish the expansion of the global spiral freezer market. In addition to this, the need for enhanced freezing capacity, the ability of manufacturing huge quantities of frozen products, and escalating demand for reliability in extreme climatic conditions will boost the growth of the global market. In addition to this, the necessity of low maintenance will provide the impetus to the growth of the market across the globe.
Furthermore, food should be frozen quickly and hence there is a huge demand for the spiral freezer. In addition to this, these products are energy-efficient and help in freezing food for a short duration. Humungous demand for seasonal foods including seasonal fruits & vegetables will proliferate the growth of the spiral freezer market across the globe. Rise in the use of products in households and industrial applications will steer the global market trends. Growing consumer expenditure on processed foods and huge demand for storing food products in developing countries will promulgate the scope of the market growth.
Stringent laws made by various governments to use certain foods & beverages can impede the global industry growth
Implementation of strict laws pertaining to food & beverages can restrict the expansion of the global spiral freezer industry. Moreover, the huge costs of raw materials that are used for manufacturing the spiral freezer will put brakes on the global industry.
Rise in the penetration of the product in small organizations to help the market explore new facets of growth in near future
There is a rise in the use of spiral freezers by small-scale firms as a result of its reduced equipment costs, thereby resulting in a decline in the costs. This has created new growth avenues for the spiral freezer market across the globe. In addition to this, developing countries have huge economic growth potential and can offer new opportunities for the spiral freezer business.
Oscillation in the costs of raw components to be a major challenge in the growth path of the global industry
Fluctuating raw material costs and disruption in the supply chain activities as a result of the outbreak of chronic diseases can be a major challenge in the growth of the spiral freezer industry globally.
The global spiral freezer market is sectored into type, application, and region.
In terms of type, the global spiral freezer market is divided into the medium capacity, small capacity, and large capacity segments. Furthermore, the small capacity segment, which accounted for more than 75% of the global market share in 2022, is slated to contribute to the major market share over 2023-2030. The segmental surge in the next eight years can be owing to the massive use of spiral freezers of small capacity in domestic applications as well as small-scale food processing firms. Moreover, they are used in bakeries and medium-sized meat processors.
On basis of the application, the global spiral freezer industry is sectored into seafood & fish, meat processing, and bakery products segments. The bakery products segment is anticipated to record the highest CAGR over the forecast timeline. The growth of the segment in the coming years can be due to rising demand for electric vehicles & hybrid electric vehicles owing to the rise in the use of the product in processing crackers, cookies, pies, and rolls. Moreover, it helps in maintaining the freshness of the bakery products. In addition to this, the meat processing segment is slated to make notable contributions toward the global market size subject to the large-scale use of spiral freezers in meat processing activities.
Report Attributes | Report Details |
---|---|
Report Name | Spiral Freezer Market Research Report |
Market Size in 2022 | USD 10.1 Billion |
Market Forecast in 2030 | USD 17.1 Billion |
Growth Rate | CAGR of 8.1% |
Number of Pages | 214 |
Key Companies Covered | Jet Coldchain, VDL Systems bv, GEA, John Bean Technologies Corporation, RMF, CES NV, Advanced Equipment Inc, Van Abeelen, SCANICO A/S, FPS Food Process Solutions, Sinteco Impianti Srl, Dantech Freezing Systems, Praxair Technology Inc., ICS Spiral Freezers, Linde Gas, Mayekawa, Air Liquide, Kaak Spirals, Heinen Freezing, and IJ White. |
Segments Covered | By Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America spiral freezer market to garner a major revenue share over 2023-2030
North America, which accounted for 28% of the global spiral freezer market revenue share in 2022, is anticipated to dominate the regional market growth over the forecast timeframe. The regional market surge over 2023-2030 can be subject to escalating demand for the spiral freezer in the food processing industry in the countries such as Canada and the U.S. Apart from this, rise in the sale of frozen bakery items including cookies and pies in the region will trigger the regional market landscape.
On the other hand, the spiral freezer industry in Europe is predicted to register the fastest CAGR of 11.1% in the forthcoming years. The regional market expansion over the forecast timeline can be due to a rise in the number of supermarkets, fast food chains, and hotels in European countries. Apart from this, the presence of giant players in the continent will further add to the regional market growth.
The spiral freezer market profiles key players such:
By Type
By Application
By Region
FrequentlyAsked Questions
Spiral freezers are versatile systems that are utilized for rapidly cooling and freezing food products in the industry. Reportedly, the food products can be frozen in either a batch or individually. The components that are utilized in these versatile systems must be highly durable with high-temperature range and mechanical loads involved in the operations being very high.
The global spiral freezer market is projected to expand over 2023-2030 due to the growing consumer expenditure on processed foods and the huge demand for storing food products in developing countries. Apart from this, humungous demand for seasonal foods including seasonal fruits & vegetables will proliferate the size of the spiral freezer market across the globe.
According to study, the global spiral freezer market size was $10.1 billion in 2022 and is projected to reach $17.1 billion by the end of 2030.
The global spiral freezer market is anticipated to record a CAGR of nearly 8.1% from 2023 to 2030.
The European spiral freezer industry is set to register the fastest CAGR over the forecasting period subject to a rise in the number of supermarkets, fast food chains, and hotels in European countries. Apart from this, the presence of giant players in the continent will further add to the regional market growth.
The global Spiral Freezer market is led by industry players such as Jet Coldchain, VDL Systems bv, GEA, John Bean Technologies Corporation, RMF, CES NV, Advanced Equipment Inc, Van Abeelen, SCANICO A/S, FPS Food Process Solutions, Sinteco Impianti Srl, Dantech Freezing Systems, Praxair Technology Inc., ICS Spiral Freezers, Linde Gas, Mayekawa, Air Liquide, Kaak Spirals, Heinen Freezing, and IJ White.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed