The Latin America, Middle East and Africa Non-thermal Pasteurization Market would witness market growth of 24.1% CAGR during the forecast period (2023-2030).
The hotel industry in Latin America has expanded dramatically over the last five years, and this trend seems guaranteed to continue in the coming years. Governments have continually strived to promote the industry, which is primarily responsible for the advancement of the region, as diversity and natural resources in Latin America contribute to the region's tourism growth. For instance, Colombia successfully attracted big investments into the hotel industry after setting up tax breaks and fostering peace in the region.
The food processing sector is also expanding in the Middle East region. Due to large private and public investments, a convenient geographic location, and low regional tariffs supported by first-rate infrastructure, the food processing industry in the United Arab Emirates is growing. UAE has around 568 producers and processors of food and beverages. The food processing industry is committed to supplying domestic and international demands and satisfying demand in the UAE. All of these elements support the usage of non-thermal pasteurization techniques in catering to consumer demand, thereby accelerating the regional market's growth.
The Brazil market dominated the LAMEA Non-thermal Pasteurization Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $194.5 million by 2030. The Argentina market is anticipated to grow at a CAGR of 24.8% during (2023 - 2030). Additionally, The UAE market would display a CAGR of 23.5% during (2023 - 2030).
Based on Form, the market is segmented into Solid, and Liquid. Based on Application, the market is segmented into Food (Fruit & Vegetables, Dairy Products, and Others), Beverages (Non-alcoholic, and Alcoholic), and Pharmaceuticals & Cosmetics. Based on Technique, the market is segmented into High Pressure Processing, Pulse Electric Field, Microwave Volumetric Heating, Ultrasonic & Irradiation, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Egypt, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Non-thermal Pasteurization Market is Projected to reach USD 9.3 Billion by 2030, at a CAGR of 20.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Thyssenkrupp AG, Kobelco Construction Machinery Co., Ltd. (Kobe Steel, Ltd.), Nordion, Inc. (Sotera Health LLC), Groupe Legris Industries, JBT Corporation, Lyras A/S, Hiperbaric, S.A., The MULTIVAC Group, Syntegon Technology GmbH (Bosch Packaging Technology), Pulsemaster bv, and Pricewaterhousecoopers LLP (PwC)
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