The global high temperature processing market is segmented by operation type, nature, application and region.
PORTLAND, Oregon, USA, September 15, 2022 /EINPresswire.com/ — Increasing demand for foods with a longer shelf life, growing demand for milk and dairy products, and growing adoption of ultra-high temperature processing technologies for new food products are driving growth global UHT processing industry. Depending on the nature, the liquid segment accounts for the largest share in 2020. On the other hand, in the regional context, the Asia-Pacific market will show the fastest average annual growth rate by 2030.
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The global high temperature processing market was valued at $3.0 billion in 2020 and is expected to reach $5.7 billion by 2030, representing a CAGR of 6.9% between 2021 and 2030. , drivers and opportunities, market size and valuations, competitive scenario and volatile market trends.
Increasing demand for foods with a longer shelf life, growing demand for milk and dairy products, and the growing adoption of UHT technologies for new food products are driving the growth of the global UHT market. On the other hand, the availability of various substitutes is somewhat holding back growth. However, the surge in demand for safer products due to COVID-19 and the integration of artificial intelligence into UHT equipment are expected to open up many opportunities in the future.
The outbreak of the pandemic has led to a sharp increase in demand for safe food products free from bacteria and micro-organisms, which in turn has given way to increased adoption of UHT technology by manufacturers, thereby positively impacting the global UHT market.
It is likely that this trend will continue after the pandemic.
The global UHT Machining market is analyzed by operation type, nature, application and region.
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Depending on the type of work, the indirect heating segment accounted for a major share in 2020, accounting for more than half of the global market. The same segment will also grow at the fastest CAGR of 7.3% during the forecast period.
Based on nature, in 2020 the liquid segment accounted for the largest share, accounting for 86% of the global market. On the other hand, the semi-liquid segment is projected to post the fastest CAGR of 7.8% from 2021 to 2030.
Depending on the region, the Asia-Pacific market held the lion’s share in 2020, accounting for about two-fifths of the global market. The same region is expected to have the fastest CAGR of 8.8% by the end of 2030. Other provinces explored in the report include Northern Europe, Europa, and Lamea.
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Key market players analyzed in the Global High Temperature Processing Market Report include GEA Group Aktiengesellschaft, Iwai Kikai Kogyo Co. Ltd., Tetra Laval International SA, Neologic Engineers Private Ltd., Proxes GMBH, Reda SPA, Alfa Laval, Shanghai Triowin Intelligent Machinery, MicroThermics and SPX FLOW. These market players have implemented several strategies including partnerships, expansions, collaborations, joint ventures and others to strengthen their position in the industry.
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