Market Leaders: Major Players are Focusing on Investment and new Product Development to Strengthen their Market Position in Non-thermal Pasteurization Market
According to MarketsandMarkets, the non-thermal pasteurization market is projected to reach USD 5.7 billion by 2028 from USD 2.3 billion by 2023, at a CAGR of 20.0% during the forecast period in terms of value.The market for non-thermal pasteurization is growing at a significant pace globally due to the shift in preference for healthy food options and minimally processed ready-to-eat products in developed countries. The non-thermal pasteurization market is segmented into various techniques used for processing food and beverages. The conventionally used thermal food pasteurization technologies lead to changes in product characteristics such as flavor, color, texture, and nutritional value due to the application of heat. On the other hand, non-thermal food pasteurization technologies help retain these characteristics in food products with minimal or no changes to the product profile.
The key players in this market include JBT Corporation (US), Hiperbaric (Spain), Thyssenkrupp AG (Germany), Kobelco Construction Machinery Ltd. (Japan), Lyras (Denmark), Syntegon (Germany), Multivac (Germany), Stansted Fluid Power Ltd. (UK), Pulsemaster (Netherlands), Elea (Germany), Symbios Technologies (US), Clextral (France), Dukane (US), FresherTech (China) and Nordion (Canada). These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to increase their global market presence.
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JBT Corporation is one of the leading global technology solutions providers to high-value segments of the air transportation and food processing industries. The company is involved in designing, manufacturing, testing, and servicing technologically sophisticated systems and products. JBT operates through its two major business segments, including JBT FoodTech and JBT AeroTech. JBT offers a range of non-thermal pasteurization technologies including high-pressure processing (HPP) and pulsed electric field (PEF) systems. The global presence of the company allows it to serve customer base in different geographic regions with a solution to meet their needs. The company has global presence in operations North America, South America, Europe, Asia and Australia. It has sales and service offices located in more than 25 countries around the world.
Hiperbaric company is specialized in the design, manufacturing and marketing of industrial equipment for high-pressure technologies for food and beverages with industrial machinery installed globally. Hiperbaric caters to several industries, including meat, seafood, vegetable, and dairy. It provides technological solutions for natural, fresh, safe, and ready-to-eat food products. The company’s machines are used by food and beverage manufacturers to process a wide range of products, including juices, meats, seafood, dairy, and ready-to-eat meals. Hiperbaric operates its business in over 50 countries in various regions such as Europe, North America, South America, Asia Pacific, and Oceania.
Thyssenkrupp AG is a leading company that provides a wide range of industrial products and services, including non-thermal pasteurization solutions for the food industry. The company operates their business in six segments that includes Materials Services, Industrial Components, Automotive Technology, Steel Europe, Marine Systems, and Multi Tracks. Thyssenkrupp operates its non-thermal pasteurization business as a part of its broader food processing solutions segment. The company’s non-thermal pasteurization solutions are offered through its subsidiary company Thyssenkrupp Food Processing Equipment, Germany.
Related Reports:
Non-thermal Pasteurization Market by Technique (HPP, PEF, MVH, Ultrasonic, Irradiation, and Other Techniques), Form (Solid, Liquid), Application (Food, Beverage, and Pharmaceutical & Cosmetics) & Region - Global Forecast to 2028
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