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Food Processing Boiler Market Analysis

  • Report ID: GMI6749
  • Published Date: Sep 2023
  • Report Format: PDF

Food Processing Boiler Market Analysis

Condensing boiler market size is set to surpass over USD 400 million by 2032. Government regulations and incentives aimed at encouraging the adoption of energy-efficient technologies will play a substantial role in driving business expansion. Furthermore, ongoing technological advancements have enhanced their reliability, performance, and ease of maintenance, which will, in turn, promote the adoption of these products across wide tandem of applications.

 

The fire-tube boiler industry will witness a growth rate of 5.4% through 2032. The energy efficiency has been a prominent trend in the food processing boiler market. The manufacturers have been focusing on designing fire tube boilers that maximize heat transfer efficiency and minimize heat loss. This includes the use of advanced combustion technologies, improved insulation, and heat recovery systems, accelerating the business potential.
 

Europe Food Processing  Boiler Market Revenue Share, By Capacity, 2022

The 75-100 MMBtu/hr boiler market holds a share of over 15% in 2022. Significant focus in the food processing industry to reduce operational costs and environmental impact will energize the industry growth.
 

The key participants have been developing low-NOx burners and advanced combustion technologies to help food processing facilities meet increasingly stringent environmental regulations, which in turn will stimulate the gas fired boiler market. These systems can be easily scaled to match changing production requirements and are suitable for facilities with limited space.
 

Asia Pacific Food Processing Boiler Market Size, 2021 - 2032 (USD Million)

Asia Pacific food processing boiler market was valued at USD 587.6 in 2022. The region has witnessed significant growth in the food and beverage industry, driven by rising population, urbanization, and changing consumer preferences. This growth has led to an increased demand for food processing boilers to support various processing operations. Paradigm shift toward reducing waste and reusing resources will positively impact the business outlook.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of food processing boiler was reached USD 1.3 billion in 2023 and will surpass USD 1.9 billion by 2032, due to the growing need for energy-efficient heating systems coupled with the rapid industrialization in emerging markets worldwide.

Food processing boiler industry from the condensing technology segment will cross USD 400 million by 2032, on account of the growing government regulations and incentives aimed at encouraging the adoption of energy-efficient technologies.

Asia Pacific food processing boiler market recorded USD 587.6 million in 2022, owing to the significant growth in the food and beverage industry driven by rising population, urbanization, and changing consumer preferences in the region.

Babcock & Wilcox Enterprises, Inc., Thermax Limited, Aaron Equipment Company, Hurst Boiler & Welding Co, Inc., Cleaver-Brooks, Clayton Industries, Viessmann, Forbes Marshall, and Hoval, FERROLI S.p.A are some of the major food processing boiler companies worldwide.

Food Processing Boiler Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 18
  • Tables & Figures: 1517
  • Countries covered: 21
  • Pages: 500
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