Blast Chillers Market size worth over $2.5 Bn by 2026

Blast Chillers Market size is set to be over USD 2.5 billion by 2026, according to a new research report by Global Market Insights, Inc.
 

The blast chillers industry is driven by increasing food safety regulations in the hospitality industry. Blast chillers assist restaurants & hotels to comply with regulations such as the Hazard Analysis and Critical Control Point (HCCAP) by shock freezing the food items to prevent food-borne illnesses.

 

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Growing awareness related to adoption of sustainable and eco-friendly refrigeration products is positively influencing the market statistics. Blast chiller manufacturers are introducing new models of environmentally friendly chillers with no ozone depleting properties in response to the amplifying market trend. For instance, in June 2020, Everidge launched its eco-friendly PBF 4.0 blast chiller with innovative R290 propane refrigeration system that significantly reduces the environmental impact.
 

Industry challenges restricting the growth of blast chillers include the presence of several alternatives to these appliances. High capacity commercial freezers and liquid nitrogen-based refrigeration devices act as substitutes to chillers. The rising adoption of these substitutes in small cafes and restaurants due to their cost-effective nature is expected to hamper the market demand for blast chillers. However, the introduction of small sized, compact variants of chillers by leading market players will reduce the impact of this restraint over the forecast time frame.
 

Blast Chillers Market By Product

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The escalating spread of the COVID-19 pandemic across the globe has led to a slowdown in the market for blast chillers. Slow business growth in the food service industry coupled with increasing financial insecurities among commercial and residential buyers is challenging the market growth. The increasing demand supply gap owing to shortage of raw materials and labor is also adversely impacting the blast chillers market. However, the market size is expected to grow with the reduction of pandemic impacts and supportive government policies in 2021.
 

Analyst view: “Growing concerns related to environmental impact of harmful refrigerants are increasing the adoption of eco-friendly ‘green’ blast chillers in the market.”
 

Browse key industry insights spread across 250 pages with 399 market data tables & 22 figures & charts from the report, “Blast Chillers Market Size By Product (Reach-in [By Capacity {Below 50KG, 50 – 100KG}], Roll-in [By Capacity {Below 100KG, 100 – 200KG, Above 200KG}]), By Application (Hotel & Restaurant, Supermarket, Catering Services, Bakery & Confectionary), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/blast-chillers-market
 

Growing demand for high capacity roll-in blast chillers in commercial sector

The roll-in type blast chillers market held around 65% market share in 2019 and is expected to witness escalating growth over the forecast period. Several advantages offered by roll-in blast chillers, such as large capacity and precise temperature control for quick chilling of food items, are accentuating their demand in the commercial food service market. Commercial restaurants and catering services are increasingly adopting these chillers to safely preserve food items for long duration.
 

The 100 – 200KG chillers are witnessing a high growth potential in industry applications such as supermarkets, fisheries, and bakery & confectionary services. The rising demand for packaged and frozen food in the retail industry is contributing to the adoption of these high capacity chillers. The availability of ergonomically designed 10 – 200KG roll-in chillers with convenient access to food items through rolling trolleys will contribute to the growing market size till 2026.
 

High demand for food preservation in catering services supporting the market growth

The blast chillers market from catering services is anticipated to grow at 5% CAGR through 2026. Blast chillers allow catering service providers to transport large quantities of preserved food to different locations for events such as corporate parties and weddings.
 

To deal with the growing industry trend of adopting blast chilling technologies in catering services, market players are launching chillers specifically designed for this application. For instance, in June 2019, Hoshizaki Corporation launched its new range of 2-in-1 blast chillers and freezers, ideal for catering applications. Its SBU 20 HL models have a chilling capacity of 20kg, freezing capacity of 12 kg, and multiple rack positions.
 

Stringent regulations related to food safety in Europe boosting the market revenues

The Europe blast chillers market share is anticipated to reach around USD 550 million by 2026. Regulations, such as the (EC) No 852/2004 and 853/2004, established by the European Commission are encouraging hospitality and food industry players in the region to adopt blast chilling technologies. These regulations specify guidelines related to hygiene and safety of consumable food items to prevent fatal infections and health hazards. Moreover, the increasing number of commercial kitchens and restaurants in European countries including the UK, Italy, and France is positively influencing the market statistics.
 

Market leaders in the blast chillers industry are focusing on expanding their product portfolio through product upgrades and strategic new product launches to deal with the growing competition in the blast chillers market. For instance, in March 2019, SousVide Tools expanded its market representation and portfolio by launching its new range of blast chilling appliances in the market. The product range includes a small 2/3GN tabletop chiller that cools food in less than an hour.
 

Key players in the market include IRINOX, Williams Refrigeration, Electrolux AB, Friginox, Able Products, American Panel, Master-Bilt Products, Alto-Shaam, and Precision Refrigeration.
 

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