The North America Spiral Freezer Market would witness market growth of 4.3% CAGR during the forecast period (2023-2030).In the year 2019, the North America market's volume surged to 24,035.5 units, showcasing a growth of 2.9% (2019-2022).
The market is projected to expand more quickly due to the increase in demand for frozen meat and bakery goods. The market is expected to grow as a result of the demand for greater freezing capacity, the ability to create large quantities of frozen goods, and the rise in reliability requirements under unfavorable weather conditions. Additionally, it is anticipated that the desire for inexpensive maintenance would encourage market expansion on a global level.
Growth in the demand for seafood is one of the key factors driving the market. Additionally, the rapid expansion of the market has been spurred by the increase in seasonal food consumption year-round. On the other hand, the market is anticipated to rise due to technological developments in food processing equipment, such as spiral freezers.
In developed nations like the United States, the retail food sector is very competitive. The food & beverage industry in the United States is seeing an increase in demand for food additives as a result of an increase in retailers, retail channels, and retail formats that make processed and convenience foods more accessible to consumers. The organized retail sector exposes consumers to label information and quality comparison with both private labels & branded products while offering consumers competitive prices, quality, and services, which is boosting the retail food demand in the United States. Also, as the region’s people have high spendable income, the demand for a luxury lifestyle is increasing and thus the hospitality sector in the region is expanding resulting in regional market’s growth.
The US market dominated the North America Spiral Freezer Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,167 million by 2030. The Canada market is experiencing a CAGR of 6.7% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 5.8% during (2023 - 2030).
Based on Application, the market is segmented into Meat Processing, Bakery, Seafood and Others. Based on Capacity, the market is segmented into Small Capacity, Medium Capacity and Large Capacity. Based on Business, the market is segmented into Aftermarket and OEM. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Spiral Freezer Market is Projected to reach USD 5.8 Billion by 2030, at a CAGR of 4.8%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Advanced Equipment, Inc., FPS Food Process Solutions Corp., Linde PLC, John Bean Technologies Corporation, Air Liquide S.A., Mayekawa Mfg. Co., Ltd., Van Abeelen B.V., GEA Group AG, DSI Dantech A/S, Scanico A/S (Middleby Corp).
By Application (Volume, Units, USD Million, 2019-2030)
By Capacity (Volume, Units, USD Million, 2019-2030)
By Business (Volume, Units, USD Million, 2019-2030)
By Country
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