Global Food Vacuum Machine Market, By End-Use Sector (Industrial, Commercial, Domestic), Machinery Type (External Vacuum Sealers, Chamber Vacuum Machines, Tray Sealing Machines, Other Machinery Types), Packaging Type (Rigid Packaging, Semi-Rigid Packaging, Flexible Packaging) – Industry Trends and Forecast to 2029.
Food Vacuum Machine Market Analysis and Size
When it comes to purchasing products, modern consumers are increasingly concerned with issues such as sustainability, the environment, ethics, safety, quality, and product costs. Sustainable packaging regulations also enforce a number of these issues, which is expected to benefit the global food vacuum machine market.
Data Bridge Market Research analyses that the food vacuum machine market which was growing at a value of 12.9 billion in 2021 and is expected to reach the value of USD 20.10 billion by 2029, at a CAGR of 5.70% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Food Vacuum Machine Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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End-Use Sector (Industrial, Commercial, Domestic), Machinery Type (External Vacuum Sealers, Chamber Vacuum Machines, Tray Sealing Machines, Other Machinery Types), Packaging Type (Rigid Packaging, Semi-Rigid Packaging, Flexible Packaging)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Davide Campari-Milano N.V. (Netherlands), Diageo PLC (U.K.), Halewood International Limited (U.K.), Asahi Group Holdings, Ltd. (Japan), Accolade Wines (Australia), Bacardi Limited (Bermuda), Mike's Hard Lemonade Co. (U.S.), Castel Group (France), Suntory Holdings Limited (Japan), Anheuser-Busch InBev SA/NV (Belgium), The Brown-Forman Corporation (U.S.), United Brands Company, Inc. (U.S.), PernodRicard SA (France), The Miller Brewing Company (U.S.)
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Opportunities
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Market Definition
Vacuum machines are widely used in the food industry, where they are used in packaging food and non-food products. Vacuum packaging is a method of drawing air out of a package and then sealing it in an impermeable package, which helps to extend the product's shelf life.
Food Vacuum Machine Market Dynamics
Drivers
- Rising adoption of vacuum technology due to high demand for packaged and RTE food
Rising demand for food vacuum machine in food packaging industries for drying applications, technological advancements in drying methods, and growing automation in the food industry are the key market drivers for the food vacuum machines market. Furthermore, increased demand for processed foods and packaged foods is expected to drive market growth during the forecast period.
- Growing demand in various applications
Due to the inherent benefits such as quality control, durability, hygiene, and preservation, these systems are widely used in a variety of applications such as bakery and confectionery, meat, seafood, poultry, dairy, and grains. The product is increasingly being used in end-use industries, particularly in Asia Pacific, where rising domestic manufacturing and consumer income levels are driving this sector's innovation.
Opportunity
The market for eco-friendly food packaging is being driven by stringent government regulations, packaging industry downsizing, and technological advancements in the packaging industry for the production of packaging using non-petroleum products. Furthermore, novel products such as edible packaging and water-soluble packaging are fuelling the market for environmentally friendly food packaging.
Restraints
The high maintenance and installation costs of heavy machines used in vacuum packaging will restrain the market and pose additional challenges to the food vacuum machine market during the forecast period.
This food vacuum machine market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the food vacuum machine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Food Vacuum Machine Market
As the COVID-19 outbreak became a pandemic, attention shifted away from sustainability and toward the virus and its global impact. Plastic waste has also increased as a result of the pandemic. According to Forbes, much of the public's personal protective equipment (PPE) is discarded carelessly. The opposition to single-use plastic bans has increased demand for bottled water, plastic bags, disposable wipes, and hand sanitizers.
Recent Development
- In collaboration with 35 leading consumer goods companies, Amcor Ltd announced measures to significantly reduce plastic waste in December 2020. With a combined turnover of 1 trillion euros, Amcor and its coalition partners will enforce two new design rules to deliver easier and more cost-effective packaging to recycle.
- In April 2020, Ball Corporation announced the five aluminium packaging plants with the most significant operational and social sustainability improvements, including progress across the areas with the most significant sustainability impact across operations, promotion of aluminium packaging sustainability credentials, and community engagement.
Global Food Vacuum Machine Market Scope
The food vacuum machine market is segmented on the basis of end-use sector, machinery type and packaging type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Machinery Type
- External Vacuum Sealers
- Chamber Vacuum Machines
- Tray Sealing Machines
- Other Machinery Types
Packaging type
- Rigid Packaging
- Semi rigid Packaging
- Flexible Packaging
End user sector
- Industrial
- Commercial
- Domestic
Food Vacuum Machine Market Regional Analysis/Insights
The food vacuum machine market is analysed and market size insights and trends are provided by country, end-use sector, machinery type and packaging type as referenced above.
The countries covered in the food vacuum machine market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Due to factors such as rapid urbanisation, a growing food sector with increasing pharmaceutical packaging, and population growth in the region, Asia-Pacific dominates the food vacuum machine market. North America and Europe are expected to be the fastest growing regions in the food vacuum machine market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Food Vacuum Machine Market Share Analysis
The food vacuum machine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to food vacuum machine market.
Some of the major players operating in the food vacuum machine market are:
- Bayer AG (Germany)
- H.C. Starck GmbH (Germany)
- AGC SEIMI CHEMICAL CO., LTD. (Japan)
- BASF SE (Germany)
- DuPont (U.S.)
- Merck & Co., Inc. (U.S.)
- Evonik Industries AG (Germany)
- Sumitomo Chemical Co., Ltd. (Japan)
- Heliatek GmbH (Germany)
- Novaled GmbH. (Germany)
- A.U. Optronics Corp., (Taiwan)
- Graphic Packaging International, LLC (U.S.)
- WestRock Company. (U.S.)
- Smurfit Kappa (Irenland)
- Krones AG (Germany)
- Amcor plc (Switzerland)
- Graham Packaging Company. (U.S.)
- Sonoco Products Company (U.S.)
- Parker Hannifin Corp. (U.S.)
- Berry Global Inc. (U.S.)
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