Key players in the high pressure processing equipment market including Avure Technologies Inc. (U.S.), Bao Tou KeFa High Pressure Technology Co., Ltd. (China), CHIC FresherTech (China), Hiperbaric Espana (Spain), Kobe Steel Ltd. (Japan), Multivac Sepp Haggenmuller SE & Co. KG (Germany), Stansted Fluid Power Ltd (U.K.), Universal Pasteurization Co. (U.S.), Next HPP (U.S.), and Thyssenkrupp AG (Germany) have a strong presence in the global high pressure processing equipment market.
The key market players adopted various growth strategies such as acquisitions, agreements, joint ventures, and expansions of business operations to develop new products for the market, establish modern and efficient manufacturing facilities, and extend their geographic presence in regions such as North America and Europe. These regions also have a broad consumer base for packaged food and beverage products that require HPP equipment.
The core strengths of the key players in this market are their acquisitions and strategic expansions, to diversify the business geographically, and understand the requirements for those regions. Market leaders such as Hiperbaric Espana and Avure Technologies Inc., successfully tapped the potential markets through acquisitions and expansions. The key companies focused on introducing and offering various vessels of different volumes of high pressure processing equipment for meat, fruits & vegetables, and juice & beverages. Majority of these equipment are of the horizontal orientation.
Hiperbaric Espana (Spain) has been one of the major players in the global high pressure processing equipment market. The company has expanded its operations in the European and North American regions and countries of Asia, in order to tap the potential in these markets. The company offers high pressure processing equipment that is widely used around the world for the application of meat and fruits & vegetables. It recently expanded its manufacturing facilities and assembly workshops in India, Malaysia, Estonia, and Dominican Republic. This expansion helped Hiperbaric to strengthen its geographical presence in the high pressure processing equipment market.
Avure Technologies Inc. (U.S.) has strengthened its position in several segments of the food processing equipment industry including high pressure processing equipment market through strategies such as expansions and acquisitions. The company expanded its operations in North America and Europe by setting up facilities to increase production in these regions and strategically expanded its business. It also expanded its HPP facility across Mexico. The company launched the largest-volume HPP system, QFP 525L-600 (525L), which would offer HPP processing at a low price per pound. This product launch would strengthen the company’s HPP equipment portfolio.
High Pressure Processing Equipment Market by Orientation Type (Horizontal and Vertical), Vessel Volume, Application (Fruits & Vegetables, Meat, Juice & Beverages, Seafood), End User Category, and Region - Global Forecast to 2022
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