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A descriptive analysis of five power models, market dynamics and segmentation – Technavio

NEW YORK, January 24, 2023 /PRNewswire/ — According to Technavio, global food industry pulsed electric field (PEF) systems market is expected to decrease in size. US$ 333.04 million from 2022 to 2027. However, the growth momentum of the market will slow down in YBBO. 28.19% Europe will account for 37% of global market growth during the forecast period.

Technavio has announced its latest market research report titled Global Food Industry Pulsed Electric Field Systems Market 2023-2027.

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Global food industry pulsed electric field (PEF) systems market – Five Forces
The global cloud data warehouse market is fragmented and the five strengths analyzes include:

  • Bargaining power of buyers

  • Threat of new entrants

  • threat of competition

  • Bargaining power of suppliers

  • Substitute threat

  • Interpretation of Porter’s five models helps to strategize the business for all the details – buy the report!

Global food industry pulsed electric field (PEF) systems market – Customer Landscape

The report covers the market adoption lifecycle from the innovative stage to the lagging stage. It focuses on adoption rates in different regions based on penetration. In addition, the report includes key purchasing criteria and drivers of price sensitivity to help companies evaluate and improve their growth strategies.

Global food industry pulsed electric field (PEF) systems market – Segmentation Assessment

Segment Overview
Technavio has segmented the market by application (Liquid food and Solid food) and by type (30-50 kV/cm and 10-30 kV/cm).

  • This liquid food segment will grow significantly over the forecast period. Processing liquid food with PEF helps preserve the sensory properties of the food. It also helps preserve the freshness of liquid foods, preserve color and extend shelf life. In addition, PEF treatment provides inactivation of microbes in liquid foods such as milk, dairy products and liquid egg products. Therefore, the benefits of PEF processing will increase demand for liquid food PEF systems for the liquid food industry over the forecast period.

Geography Overview
By geography, the global food industry pulsed electric field (PEF) systems market is segmented. Europe, North AmericaAsia Pacific, South Americaand Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global food industry pulsed electric field (PEF) systems market.

  • Europe It is estimated to account for 37% of global market growth over the forecast period. Europe It is one of the largest markets for processed fruits and vegetables. Import and consumption of processed fruits and vegetables in various countries Europee.g Germany, France, Belgiumand the United Kingdom increased. PEF systems are used in fruit and vegetable processing for the permeability of cell membranes in fruit and vegetable tissues. It also facilitates drying, drying, peeling and freezing of various fruits and vegetables. Such factors will drive the growth of the market. Europe during the forecast period.

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Global food industry pulsed electric field (PEF) systems marketMarket Dynamics
Key factor driving market growth

  • This Increasing need for food sterilization specifically driving market growth.

  • Sterilization is essential to ensure that food products are fit for human consumption. The need for environmentally friendly food processing practices and the growing preference for fresh foods are driving the development of innovative technologies in food processing. Sterilization also helps increase the shelf life of food products.

  • PEF processing is an effective method for proper sterilization of food products. The PEF system helps to remove microorganisms such as plant bacteria, molds, yeasts and others.

  • With the increasing demand for safe food products, many players in the food processing segment are expected to invest in PEF systems, which will increase the demand for PEF systems for food processing over the forecast period.

Leading trends affecting the market

  • This Adoption of PEF systems as an alternative to thermal pasteurization an important trend in the market.

  • A high voltage PEF system is an effective alternative to thermal pasteurization. PEF is a non-thermal food preservation process that helps preserve the natural quality of food and beverage products.

  • It offers consumers microbiologically safe, minimally processed, fresh and nutritious food products.

  • It also helps to minimize harmful changes in the physical and sensory properties of food and beverage products. These factors will support the growth of the market during the forecast period.

Main challenges hindering market growth

  • This High initial cost of installing PEF systems May hinder market growth. Installing an industrial scale PEF system is more expensive than installing a commercial scale PEF system.

  • The average life of a high-pulse voltage generator used in a PEF system is approximately five years, with an operating capacity of 20 hours per day. Replacing the high-pulse voltage generator also incurs additional costs.

  • The capacity level of the PEF system leads to high capital costs that directly increase electricity costs.

  • The high initial costs combined with the high operating costs of PEF equipment can constrain the adoption of PEF systems by small and medium industrial end users. This will limit the growth of the market during the forecast period.

Drivers, trends and challenges have an impact on market dynamics that can affect businesses. Find more insights in a sample report!

What are the key data contained in this food industry pulsed electric field (PEF) systems market report?

  • CAGR of the market during the forecast period

  • Detailed information on the factors that will drive the growth of the food industry pulsed electric field (PEF) systems market between 2023 and 2027

  • Precise estimation of food industry pulsed electric field (PEF) systems market size and contribution to the market with a focus on the main market

  • Accurate predictions about upcoming trends and changes in consumer behavior

  • Growth in the food industry pulsed electric field (PEF) market Europe, North AmericaAsia Pacific, South Americaand Middle East and Africa

  • A comprehensive analysis of the competitive environment of the market and detailed information about the vendors

  • Comprehensive analysis of factors that will challenge the growth of food industry pulsed electric field (PEF) systems market vendors

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Food Industry Pulsed Electric Field (PEF) Systems Market Scope

Report Scope

Detail

Page number

149

base year

2022

Historical age

2017-2021

forecast period

2023-2027

Growth momentum and YBBO

Slow down at a 28.19% YBBO

Market growth 2023-2027

US$ 333.04 million

market structure

Concentrated

Annual growth 2022-2023 (%)

32.13

Regional analysis

Europe, North America, APAC, South America and the Middle East and Africa

Realized market contribution

Europe 37%

Key countries

USA, Canada, China, Germany and Netherlands

competitive environment

Leading Vendors, Vendors’ Market Positioning, Competitive Strategies and Industry Risks

Key companies profiled

Diversified Technologies Inc., Elea, Energy Pulse Systems, Food Physics LLC, Gungunwala Food Equipment Pvt. Ltd., Heat and Control Inc., KayDee Solutions, PEF Technologies BV and ScandiNova Systems AB

market dynamics

Key market analysis, Factors and barriers to market growth, Fast growing and slow growing segment analysis, COVID-19 impact and recovery analysis and Market situation analysis for future consumer dynamics and forecast period.

Customization area

If our report does not contain the data you are looking for, you can contact our analysts and customize the segments.

Contents

1. Executive Summary

2 Market Views

3 Market Sizing

4 Historical Market Size

5 Five Force Analysis

6 Market Segmentation by Application

7 Market Segmentation by Type

8 Customer Landscape

9 Geographical Landscape

10 Drivers, Challenges and Trends

11 Vendor View

12 Vendor Analysis

13 Appendix

about us
Technavio is a leading global technology research and consulting firm. Its research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market position. With over 500 expert analysts, Technavio’s report library consists of more than 17,000 reports covering 800 technologies spanning 50 countries. Their customer base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s extensive coverage, in-depth research and actionable market insights to identify opportunities in current and potential markets and assess their competitive position in changing market scenarios.

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Global Food Industry Pulsed Electric Field Systems Market 2023-2027

Global Food Industry Pulsed Electric Field Systems Market 2023-2027

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