Individual Quick Freezing Equipment Market Size - By Equipment Type (Tunnel Freezers, Spiral Freezers, Box Freezers, and Others), By Technology (Mechanical IQF, and Cryogenic IQF), By Technology, By Distribution Channel & Forecast, 2024 – 2032
Published Date: July - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Industrial-Machinery | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIndividual Quick Freezing Equipment Market Size - By Equipment Type (Tunnel Freezers, Spiral Freezers, Box Freezers, and Others), By Technology (Mechanical IQF, and Cryogenic IQF), By Technology, By Distribution Channel & Forecast, 2024 – 2032
Individual Quick Freezing Equipment Market Size
Individual Quick Freezing Equipment Market was valued at USD 1.6 billion in 2023 and is anticipated to register a CAGR of 4.5% between 2024 to 2032, due to its ability to preserve food without compromising its quality and freshness. The rising demand for frozen food products, coupled with the increasing awareness about food safety and quality, is driving the business growth.
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The food industry is constantly evolving, with consumers seeking convenient and ready-to-eat food options. This has led to an increase in the consumption of frozen food products, as they offer convenience, longer shelf life, and easy storage. Moreover, the rising trend of online food delivery services has further fueled the demand for frozen food products, as they can be easily transported and delivered to consumers without compromising their quality. The demand for frozen fruits and vegetables has witnessed a surge, as they are perceived to be healthier options compared to canned or dried fruits and vegetables.
Report Attribute | Details |
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Base Year | 2023 |
Individual Quick Freezing Equipment Market Size in 2023 | USD 1.60 Billion |
Forecast Period | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR | 4.5% |
2032 Value Projection | USD 2.35 Billion |
Historical Data for | 2021 - 2023 |
No. of Pages | 290 |
Tables, Charts & Figures | 171 |
Segments covered | Equipment Type, Technology, By Distribution Channel, Region |
Growth Drivers |
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Pitfalls & Challenges |
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What are the growth opportunities in this market?
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If you're thinking about hopping into the quick-freezing game, be prepared to shell out some serious dough upfront and keep your pockets open for ongoing maintenance. These machines are no walk in the park—they're like fancy engineering projects that demand skilled hands to run them. And get thisthey're energy guzzlers, making them pricey to keep humming. This hefty investment is like a big welcome mat for big companies but not so much for the smaller guys. It's like an exclusive club where only the well-heeled can play. This lack of diversity in the market stifles competition and innovation. And that's not all. A whole new crew of freezing methods is hitting the scene, like cryogenic and ultra-low temperature freezing. These new kids on the block freeze things faster and more efficiently, making the traditional quick-freezing machines seem like old news. It's like the rise of streaming services killing off movie rentals—consumers might start choosing these fancy new freezing methods over the old-school IQF equipment, which could put a dent in the demand for it.
Individual Quick Freezing Equipment Market Trends
With the increasing demand for refrigerated and frozen products, the need for efficient and reliable individual quick-freezing equipment has become more crucial than ever before. As a result, manufacturers are constantly developing new and innovative technologies to meet the evolving needs of the industry.
One of the key trends in the individual quick-freezing equipment market is the shift towards environmentally friendly and energy-efficient systems. With growing concerns about global warming and the depletion of natural resources, businesses are increasingly looking for sustainable solutions that can help reduce their carbon footprint and lower their operating costs. This has led to the development of green refrigerants, such as ammonia and carbon dioxide, which have significantly lower global warming potential compared to traditional refrigerants. Additionally, advancements in insulation materials and energy management systems have also contributed to making individual quick-freezing equipment more energy efficient.
Individual Quick Freezing Equipment Market Analysis
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Based on equipment type, the tunnel freezers segment accounted for around USD 745 million in the 2023 and expected to reach around USD 1.08 billion by 2032. Tunnel freezers are widely used in the food industry for freezing a variety of products including meat, seafood, fruits, and vegetables. This is due to their ability to freeze products quickly and maintain their quality and freshness. With the growing popularity of frozen foods among consumers, the demand for tunnel freezers is expected to rise, thus driving market growth.
In addition, the increasing focus on food safety and hygiene standards is also fueling the growth of the tunnel freezers market. Frozen foods are perceived to be safer and more hygienic as they have a longer shelf life compared to fresh foods. This has led to a higher adoption of freezing technology in the food industry, especially in developing countries where food safety regulations are becoming more stringent. As a result, food manufacturers are investing in advanced tunnel freezers to ensure the safety and quality of their products, which is further boosting the market growth.
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Based on application, the food processing industry segment accounted for revenue of around USD 983 million in the year 2023 and expected to reach USD 1.44 billion by 2032. Individual quick-freezing technology offers superior freezing capabilities, ensuring that the texture, taste, and quality of these products are maintained during the freezing process. This has made individual quick-freezing equipment an essential tool for food processors in the seafood, meat, and poultry industries, driving the growth of the individual quick freezing equipment market.
Imagine you're shopping for groceries and you see a section filled with frozen foods. You'll find all sorts of delicious options like frozen berries, peas, fish fillets, steak, and chicken breasts. But what you might not realize is that these foods are often frozen using a special process called individual quick freezing (IQF). Thanks to the growing popularity of ready-made meals and convenient snacks, people are looking for ways to have delicious food without spending hours in the kitchen. IQF equipment has become a game-changer in the food industry because it allows companies to freeze food items quickly and individually, without clumping them together. This means that your frozen broccoli florets will stay separate, making it easy to cook and serve. As more and more people opt for frozen foods, the demand for IQF equipment has skyrocketed. Companies are investing heavily in developing new IQF machines that can handle different types of foods and maintain their quality. This has led to a thriving industry that's focused on providing food processors with the tools they need to meet the growing demand for frozen foods.
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North America dominated the individual quick freezing equipment market with revenue of around USD 458 million in 2023 and expected to reach around USD 662 million by 2032. Rise in the consumption of convenience foods fueled the demand for individual quick-freezing equipment I the North America region. Moreover, the food industry in North America is witnessing significant technological advancements, leading to the adoption of advanced freezing techniques and equipment. The United States and Canada are the major contributors to the business growth.
Manufacturers are investing in research and development activities to introduce innovative freezing solutions that can cater to the changing demands of consumers. The growing adoption of individual quick-freezing equipment by food processors and manufacturers is also contributing to the market growth. This equipment offers various advantages, such as faster freezing time, better preservation of nutrients, and improved shelf life of food products, which are driving their demand in the region.
US dominated the North America individual quick freezing equipment market with revenue of around USD 425 Million in the year 2023 and expected to reach around USD 617 Million by 2032. The demand for frozen food products is rising in the US due to factors such as changing consumer lifestyles, busy schedules, convenience, and the availability of a wide variety of frozen food options. This trend is driving the need for efficient individual quick-freezing equipment to freeze food products quickly while preserving their quality and freshness.
Individual Quick Freezing Equipment Market Share
Key players involve in the individual quick freezing equipment industry are Air Liquide S.A., Cryogenic Systems Equipment (CSE) GmbH, GEA Group AG, JBT Corporation, and Marel hf accounting market share of 8-12% in 2023. Key manufacturers are continuously innovating and improving their products to meet the changing demands and preferences of consumers. They are investing in research and development to come up with new and advanced technologies that can provide better freezing solutions. This not only aligns with the global push towards sustainability but also helps manufacturers differentiate themselves from their competitors.
Individual Quick Freezing Equipment Market Companies
Major companies operating in the individual quick freezing equipment industry include
- Advanced Equipment Inc.
- Air Liquide S.A.
- Cryogenic Systems Equipment (CSE) GmbH
- GEA Group AG
- JBT Corporation
- Korutek Engineering
- Marel hf
- NESPAK SRL
- OctoFrost Group
- Scanico A/S
- Skaginn 3X
- Starfrost (UK) Ltd.
- The Linde Group
- Unifreezing Ltd.
- Van Abeelen Keuringen B.V.
Individual Quick Freezing Equipment Industry News
- In March 2022, OctoFrost launches multi-level impingement freezer. Impingement freezing is a rapid freezing method which uses high-speed airstream from above and below the product.
- In March 2022, GEA launches new freezing system ProEdge Drive at IFFA 2022. The new GEA ProEdge Drive spiral freezer system embraces the “less is more” drum-free design. It boasts 12% greater freezing capacity within the same footprint while using less stainless steel.
- In March 2021, JBT Corporation announced the launch of its new freezer, the JBT Northfield CleanFREEZE Spiral Freezer. The CleanFREEZE freezer delivers sanitary design, superior performance and easy maintenance for high-volume freezing, chilling, and cooling of a wide range of both packaged and individual quick freeze (IQF) food products.
- In February 2021, Marel launch the new fully automated RoboBatcher Box for fish processing, combining intelligent batching software with robotic technology. With unparalleled speed and accuracy, the RobotBatcher Box automatically styles and packs up to 24 boxes simultaneously, with up to 12 various predefined jobs, into polystyrene and cardboard boxes for retail, catering, and further processors.
This Individual Quick Freezing Equipment market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Million) and volume (Units) from 2021 to 2032, for the following segments
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Market, By Equipment Type
- Tunnel Freezers
- Spiral Freezers
- Box Freezers
- Others
Market, By Technology
- Mechanical IQF
- Cryogenic IQF
Market, By Application
- Food Processing Industry
- Retail
- Catering & HoReCA
Market, By End-use
- Direct Sales
- Indirect Sales
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
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