NEW YORK, Jan. 15, 2024 /PRNewswire/ — The food industry pulsed electric field (PEF) systems market size is set to grow by USD 333.04 million between 2023 and 2027 and decline at a CAGR of 28.19%, according to Technavio’s latest market research report. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The report is segmented by Application, Type, and Geography. The liquid food segment will be significant during the forecast period. PEF systems preserve liquid food by inactivating microbes, enhancing quality, and extending shelf life. Juices, dairy products, and more benefit from PEF, retaining sensory traits, freshness, color, and safety. These advantages drive the demand for PEF systems in the liquid food industry.
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Food Industry Pulsed Electric Field (PEF) Systems Market 2023-2027: Segmentation
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- Middle East And Africa
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Food Industry Pulsed Electric Field (PEF) Systems Market 2023-2027: Market Dynamics
The increased need for food sterilization drives market growth. This expansion is fueled by pioneering entities like Elea GmbH, Pulsemaster, and Diversified Technologies pioneering PEF technology. Innovations by TOMRA Food, Steribeam, Steribest, and CoolWave Processing further propel the sector. This confluence of advancements signifies a pivotal shift towards advanced food processing, highlighting the significance of Pulsed Electric Field Systems in boosting food processing innovation.
The adoption of PEF systems as an alternative to thermal pasteurization is an emerging market trend. This trend aligns with the quest for non-thermal food processing and preservation technology, contributing to sustainable food processing. PEF applications, embraced for their role in improved food quality and safety, have positioned themselves as innovative food technologies, highlighting the advancements in food industry machinery offered by PEF system suppliers.
The high initial cost of setting up PEF systems hampers market growth. This financial challenge is a potential impediment to market growth despite the advantages of fresh food preservation and the effectiveness of high-voltage pulsed electric field systems in enhanced food shelf life. Overcoming this challenge is crucial for sustained growth within the broader food technology market and boosting the PEF industry growth.
Food Industry Pulsed Electric Field (PEF) Systems Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist food industry pulsed electric field (PEF) systems market growth during the next five years
- Estimation of the food industry pulsed electric field (PEF) systems market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the food industry pulsed electric field (PEF) systems market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of food industry pulsed electric field (PEF) systems market vendors
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Historic Market Sizes
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Type
Market Segmentation by Geography
Drivers, Challenges, & Trends
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