Blast Chillers Market Size

Blast Chillers Market Size

Blast Chillers Market size surpassed USD 1 billion in 2020 and is expected to grow at over 7% CAGR between 2021 and 2027. Increasing demand for cooling solutions in food industries across the globe is driving the industry growth remarkably.

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style="text-align:justify">Majority of restaurants are shifting their focus toward blast chillers to preserve their food for longer times without compromising on food quality. Chillers’ wider availability, durable & lightweight frame, and quick operation are increasing their market representation worldwide.

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Chillers are becoming the basic requirement for various business activities including catering, hotels, restaurants, and food malls, thereby creating significant market expansion opportunities. Supportive government initiatives to reduce food wastage and to improve food quality will fuel the industry statistics. For instance, in July 2021, the Government of Canada provided financial support to seven organizations in Eastern Ontario to enhance food security. The government will provide USD 338,708 for this organization to purchase and install various food equipment including blast freezers, LED lighting systems, and storage equipment.
 

Blast chillers market is experiencing an upward trend due to the proliferation of hotel chains globally. Market players, such as American Panel Corporation, Ali Group’s Polaris Professional, and Williams Refrigeration, are unveiling their new blast chillers to enhance their market share.
 

The principal factors impacting the market demand include high electricity consumption and high ownership costs. Frequent maintenance of the freezers especially related to compressors and evaporators impelled by suction lines blockage is impacting the blast chillers industry. To tackle this challenge, manufacturers are innovating new blast freezers with robust operational efficiency.
 

Blast chiller manufacturers experienced a significant decline in demand owing to the outbreak of COVID-19 virus. However, their cooling ability for COVID-19 vaccines is a vital factor, which influenced the industry positively. OEMs adopted various business strategies to attract potential business clients from the healthcare sector.