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.
NEW YORK, United States, Aug. 11, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Spiral Freezer Market By Type (Small Capacity, Medium Capacity, And Large Capacity), By Application (Seafood & Fish, Meat Processing, And Bakery Products), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database. Cod Fish Frozen
“According to the latest research study, the global spiral freezer market size was valued at around USD 10.1 billion in 2022. The market is expected to grow above a CAGR of 8.1% and is anticipated to reach over USD 17.1 billion by 2030.”
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In the food industry, spiral freezers are versatile systems used for swiftly cooling and freezing food products. Apparently, the culinary products can be frozen individually or in bulk. Components used in these adaptable systems must be extremely robust, able to withstand a wide temperature range and a high level of mechanical stress. Mechanical conveyor systems are used to operate the spiral freezer, and access to its components is made possible by the reduction in space required across the belt.
Key Insights from Primary Research
As per the analysis, the spiral freezer market share is likely to grow above a CAGR of around 8.1% between 2023 and 2030.
The Spiral Freezer market size was worth around US$ 10.1 billion in 2022 and is estimated to hit approximately US$ 17.1 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
The global market is anticipated to record massive growth over the forecast period owing to the need for enhanced freezing capacity, the ability of manufacturing huge quantities of frozen products, and escalating demand for reliability in extreme climatic conditions.
Based on type, the small capacity segment is predicted to contribute a majorly towards the market growth over the forecast timeline.
In terms of application, the bakery products segment to record the fastest CAGR over 2023-2030.
Region-wise, the European spiral freezer market is projected to register the highest CAGR during the assessment period.
The report contains qualitative and quantitative research on the global spiral freezer market, as well as detailed insights and development strategies employed by the leading competitors.
Some of the main players in the global spiral freezer market include;
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Spiral Freezer Market: Growth Factors
Popularity of seasonal diets to accelerate worldwide market growth
The expansion of the global spiral freezer market is anticipated to be augmented by the rising demand for high-quality goods. In addition, the need for increased freezing capacity, the ability to produce vast quantities of frozen products, and the rising demand for dependability in extreme climatic conditions will contribute to the expansion of the global market. In addition, the requirement for minimal maintenance will provide the impetus for the global expansion of the market.
Moreover, food must be chilled rapidly; consequently, the spiral freezer is in high demand. In addition, these products are energy-efficient and aid in the short-term preservation of food. Global demand for seasonal commodities, such as seasonal fruits and vegetables, will fuel the expansion of the spiral freezer market. Global market trends will be determined by the expanding use of products in households and industries. Growing consumer expenditures on processed foods and an enormous demand for preserving food products in developing nations will expand the market's potential.
Government restrictions on specific foods and beverages can slow global industry development
Implementation of stringent food and beverage laws can hinder the expansion of the global spiral freezer market. In addition, the spiral freezer's production will be impeded by the astronomical costs of basic materials.
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.
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.
Browse Complete Report Here | Spiral Freezer Market By Type (Small Capacity, Medium Capacity, And Large Capacity), By Application (Seafood & Fish, Meat Processing, And Bakery Products), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030
North American spiral freezer market will dominate revenue from 2023-2030
North America, which had 28% of the worldwide spiral freezer market revenue in 2022, is expected to lead regional market growth. The regional market boom over 2023-2030 may be driven by rising spiral freezer demand in food processing countries like Canada and the U.S. The regional market will also be affected by rising sales of frozen pastry items like cookies and pies.
However, the European spiral freezer business is expected to grow 11.1% fastest. The regional market may grow during the projection timeframe due to more supermarkets, fast food chains, and hotels in Europe. Additionally, large companies on the continent will boost regional market growth.
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.
By Type, By Application, And By Region
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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In March 2021, JBT Corporation, a key food processing machinery manufacturing firm based in the U.S., announced the launching of a new spiral freezer referred to as JBT Northfield CleanFREEZE™ Spiral Freeze. Reportedly, the new product offers a sanitary design along with exceptional performance and ease of maintenance. The move will boost the expansion of the spiral freezer industry across the globe.
In the first quarter of 2022, Gea Group, a food corporation, introduced a new freezing system referred to as ProEdge Drive at IFFA in Germany. The move is likely to provide impetus to the expansion of the spiral freezer industry.
The global spiral freezer market is segmented as follows:
The Middle East & Africa
Rest of the Middle East & Africa
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Key questions answered in this report:
What is the market size and growth rate forecast for Spiral Freezer industry?
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What segments does the Spiral Freezer Market cover?
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Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market
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