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Food Processing Boiler Market Size

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

Food Processing Boiler Market Size

Food Processing Boiler Market size in 2023 was valued at USD 1.3 billion and is estimated to attain a CAGR of over 4.7 during 2024 and 2032. These boilers play a crucial role in various food processing operations, such as cooking, sterilization, pasteurization, and cleaning. They are designed to meet strict hygiene and safety standards to ensure the quality and safety of the food products being processed.

 

The growing need for energy-efficient heating systems coupled with the rapid industrialization in emerging markets will augment the industrial boiler market. The development of industrial infrastructure, alongside continuous initiatives to conserve energy and embrace efficient steam generation systems, will contribute to the growth of boiler market. Additionally, the favorable inclination toward adopting low-emission heating systems and the gradual replacement of traditional units is poised to positively influence the industry's prospects.

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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