Food Industry Pulsed Electric Field (PEF) Systems Market to increase by USD 333.04 million during 2022-2027
Source: The DairyNews
The food industry pulsed electric field (PEF) systems market size is set to grow by USD 333.04 million between 2023 and 2027 and decline at a CAGR of 28.19%, according to Technavio's latest market research report.
Driver
The increased need for food sterilization drives market growth. This expansion is fueled by pioneering entities like Elea GmbH, Pulsemaster, and Diversified Technologies pioneering PEF technology. Innovations by TOMRA Food, Steribeam, Steribest, and CoolWave Processing further propel the sector. This confluence of advancements signifies a pivotal shift towards advanced food processing, highlighting the significance of Pulsed Electric Field Systems in boosting food processing innovation.
Trend
The adoption of PEF systems as an alternative to thermal pasteurization is an emerging market trend. This trend aligns with the quest for non-thermal food processing and preservation technology, contributing to sustainable food processing. PEF applications, embraced for their role in improved food quality and safety, have positioned themselves as innovative food technologies, highlighting the advancements in food industry machinery offered by PEF system suppliers.
Challenge
The high initial cost of setting up PEF systems hampers market growth. This financial challenge is a potential impediment to market growth despite the advantages of fresh food preservation and the effectiveness of high-voltage pulsed electric field systems in enhanced food shelf life. Overcoming this challenge is crucial for sustained growth within the broader food technology market and boosting the PEF industry growth.
The increased need for food sterilization drives market growth. This expansion is fueled by pioneering entities like Elea GmbH, Pulsemaster, and Diversified Technologies pioneering PEF technology. Innovations by TOMRA Food, Steribeam, Steribest, and CoolWave Processing further propel the sector. This confluence of advancements signifies a pivotal shift towards advanced food processing, highlighting the significance of Pulsed Electric Field Systems in boosting food processing innovation.
Trend
The adoption of PEF systems as an alternative to thermal pasteurization is an emerging market trend. This trend aligns with the quest for non-thermal food processing and preservation technology, contributing to sustainable food processing. PEF applications, embraced for their role in improved food quality and safety, have positioned themselves as innovative food technologies, highlighting the advancements in food industry machinery offered by PEF system suppliers.
Challenge
The high initial cost of setting up PEF systems hampers market growth. This financial challenge is a potential impediment to market growth despite the advantages of fresh food preservation and the effectiveness of high-voltage pulsed electric field systems in enhanced food shelf life. Overcoming this challenge is crucial for sustained growth within the broader food technology market and boosting the PEF industry growth.
