January 07, 2022
According to the report titled ‘Global High Pressure Processing (HPP) Food Market - Analysis By Product Type, Distribution Channel, By Region, By Country (2020 Edition): Market Insights, Outlook Post Covid-19 Pandemic (2020-2025)’, available with MarketStudyReport, global high pressure processing (HPP) food market was valued at USD 15523.36 million in the year 2019 and is expected to grow considerably during the period 2020-2025
The rise in popularity of technologically advanced equipment among restauranteurs, and growing awareness among food service providers about evolving techniques like sterilization are factors propelling the growth of global high pressure processing (HPP) food market.
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For the unversed, high-pressure processing (HPP) is a process of pasteurizing food in cold water which keeps the food free from pathogens making it last for a long time. This helps in deactivating the organisms that make the food go stale.
Moreover, widespread demand for ready-to-eat food, especially in developing countries like China and India, that fits their fast-paced urban lifestyle is further accelerating worldwide high pressure processing (HPP) food market industry development.
Besides this, rising awareness among consumers, coupled with the legislative standards for health & hygiene in food & beverage sector across the world are likely to create lucrative opportunities for businesses in this line of work in the forthcoming years.
From a regional standpoint, North America market is poised to expand significantly over the projected timeline owing to the hectic lifestyle of the people which makes them opt for quick meal fixes. Additionally, growing per capita income, increased urbanization, and rising use of social media which enables online ordering of food are augmenting the industry outlook in the region.
Furthermore, Asia Pacific market is anticipated to amass huge returns during the analysis period due to the surging disposable income, changing lifestyle of the people, rising proportion of younger population as well as increasing number of nuclear families in the region.
The competitive landscape of global high pressure processing (HPP) food market is defined by companies such as Avure Technologies Inc., Hormel Foods Corp., Hain Celestial Group Inc., Cargill Inc., Hiperbaric SA, FresherTech International, ESPUNA International, Motivatit Seafoods Inc., and Campofrio Food Group among others.