The global spiral freezer market was valued at $4.12 billion in 2020 and is projected to reach $7.27 billion by 2032, registering a CAGR of 4.9% from 2023 to 2032. Spiral freezers are able to freeze a major content at the same time while still maintaining a high quality of the product, its texture, moisture, and flavor throughout the entire freezing process. One of the benefits of a spiral freezer is not only the ability to continuously freeze the products but also the compact form of spiral freezers compared to tunnel freezers which need more space.
The spiral freezer market is experiencing growth along with a rise in demand for food & beverages, bakery, meat, and seafood processing. Furthermore, surge in demand for better food quality and seasonal food all throughout the year has resulted in the growth of the spiral freezer market. However, stringent rules and regulations for the food & beverages industry have negatively impacted the market growth. Spiral freezers are susceptible to various laws and regulations due to the severe hygiene requirements of the food & beverage industry, which is projected to restrain the growth of the market.
Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of spiral freezers. For instance, in May 2022, GEA launched the new spiral freezer GEA ProEdge Drive. The GEA ProEdge Drive features a drum-free design using fewer components for a more hygienic and sustainable solution. This freezer fits perfectly for the processing of protein or products in the area of new food as it particularly meets the desired requirements for high product yield. This aims to improve the product portfolio and boost spiral freezer market growth.
The spiral freezer market is segmented on the basis of type, business, application, and region. By type, it is divided into small capacity, medium capacity and large capacity. By business, it is classified into OEM and aftermarket. By application, it is categorized into meat processing, seafood and fish, bakery products, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the spiral freezer market report include such as Dantech Freezing Systems, FPS food process solutions, Scanico a/s, Sinteco Impianti, ICS Spiral Freezers, Mayekawa, GEA Group AG, LINDE PLC, RMF Works, and VDL Systems BV.
The spiral freezer market is experiencing growth along with a rise in demand for food & beverages, bakery, meat, and seafood processing. Furthermore, surge in demand for better food quality and seasonal food all throughout the year has resulted in the growth of the spiral freezer market. However, stringent rules and regulations for the food & beverages industry have negatively impacted the market growth. Spiral freezers are susceptible to various laws and regulations due to the severe hygiene requirements of the food & beverage industry, which is projected to restrain the growth of the market.
Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of spiral freezers. For instance, in May 2022, GEA launched the new spiral freezer GEA ProEdge Drive. The GEA ProEdge Drive features a drum-free design using fewer components for a more hygienic and sustainable solution. This freezer fits perfectly for the processing of protein or products in the area of new food as it particularly meets the desired requirements for high product yield. This aims to improve the product portfolio and boost spiral freezer market growth.
The spiral freezer market is segmented on the basis of type, business, application, and region. By type, it is divided into small capacity, medium capacity and large capacity. By business, it is classified into OEM and aftermarket. By application, it is categorized into meat processing, seafood and fish, bakery products, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the spiral freezer market report include such as Dantech Freezing Systems, FPS food process solutions, Scanico a/s, Sinteco Impianti, ICS Spiral Freezers, Mayekawa, GEA Group AG, LINDE PLC, RMF Works, and VDL Systems BV.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the spiral freezer market analysis from 2020 to 2032 to identify the prevailing spiral freezer market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the spiral freezer market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global spiral freezer market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Capacity
- Small Capacity
- Medium Capacity
- Large Capacity
By Application
- Meat Processing
- Seafood
- Bakery
- Others
By Business
- OEM
- Aftermarket
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Dantech Freezing Systems
- FPS food process solutions
- GEA Group AG
- ICS Spiral Freezers
- Linde plc
- Mayekawa
- RMF Works
- SCANICO A/S
- Sinteco impianti
- VDL Systems BV
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SPIRAL FREEZER MARKET, BY CAPACITY
CHAPTER 5: SPIRAL FREEZER MARKET, BY APPLICATION
CHAPTER 6: SPIRAL FREEZER MARKET, BY BUSINESS
CHAPTER 7: SPIRAL FREEZER MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to this report, the spiral freezer market was valued at $4.1 billion in 2020, and is estimated to reach $7.3 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032.Spiral freezers are able to freeze a major content at the same time while still maintaining a high quality of the product, its texture, moisture, and flavor throughout the entire freezing process. One of the benefits of a spiral freezer is not only the ability to continuously freeze the products but also the compact form of spiral freezers compared to tunnel freezers which need more space.
The spiral freezer market is experiencing growth along with a rise in demand for food & beverages, bakery, meat, and seafood processing. Furthermore, surge in demand for better food quality and seasonal food all throughout the year has resulted in the growth of the spiral freezer market. However, stringent rules and regulations for the food & beverages industry have negatively impacted the market growth. Spiral freezers are susceptible to various laws and regulations due to the severe hygiene requirements of the food & beverage industry, which is projected to restrain the growth of the market. Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of spiral freezers. For instance, in May 2022, GEA launched the new spiral freezer GEA ProEdge Drive. The GEA ProEdge Drive features a drum-free design using fewer components for a more hygienic and sustainable solution. This freezer fits perfectly for the processing of protein or products in the area of new food as it particularly meets the desired requirements for high product yield. This aims to improve the product portfolio and boost spiral freezer market growth.
Rise in demand for frozen meat and bakery products is anticipated to accelerate the growth of the spiral freezer market. The demand for increased freezing capacity, the capability to produce large quantities of frozen foods, and the rise in reliability requirements under adverse weather conditions are projected to contribute to the market expansion. In addition, the demand for cheap maintenance is projected to promote market expansion on a global scale.
Moreover, companies in the spiral freezer market offer products and services to cater to the varying demands of their customers. By type, the market is categorized into small capacity, medium capacity and large capacity. Out of these, the medium-capacity spiral freezers accounted for the largest market share in 2022, and the large capacity is expected to grow with a significant CAGR during the forecast period.
The spiral freezer market is witnessing various obstructions in its regular operations due to the COVID-19 pandemic and inflation. Earlier, the worldwide lockdowns resulted in reduced industrial activities, eventually leading to reduced demand for spiral freezers from various sectors such as food & beverages. However, COVID-19 has subsided, and the major manufacturers in 2023 are performing well. Contrarily, the rise in global inflation is a new major obstructing factor for the entire industry. The inflation, which is a direct result of the Ukraine-Russia war, and few long-term impacts of the coronavirus pandemic, has introduced volatility in the prices of raw materials used for manufacturing spiral freezers. However, India and China are performing relatively well. In addition, inflation is expected to worsen in the coming years, as the possibility of ending the war between Ukraine and Russia is less. Moreover, as inflation worsens, manufacturers of spiral freezers will be required to adjust to the uneasy buying patterns of consumers. In addition, food prices have increased substantially over the last year, which is estimated to lead to reduced total inventory held by retailers and total food products traded. This is expected to lead to reduced demand for cold storage of food in the coming years; thereby, reducing the demand for spiral freezers in this sector.
The market is mainly driven due to an increase in demand for frozen food and seafood. Moreover, the rise in consumption of seasonal food throughout the year has fueled the spiral freezer market growth. However, strict government regulations in food & beverages manufacturing sectors negatively impact the growth of the market. On the other hand, technological advancements in food processing equipment such as spiral freezers are expected to provide growth opportunities to the market.
The spiral freezer market is segmented on the basis of capacity, business, application, and region. By type, it is divided into small capacity, medium capacity and large capacity. By business, it is classified into OEM and aftermarket. By application, it is categorized into meat processing, seafood and fish, bakery products, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The key players profiled in the spiral freezer market report include such as Dantech Freezing Systems, FPS food process solutions, Scanico a/s, Sinteco Impianti, ICS Spiral Freezers, Mayekawa, GEA Group AG, LINDE PLC, RMF Works, and VDL Systems BV.
Key Market Insights
- By capacity, the small capacity segment is expected to experience rapid growth in the market and is projected to grow at a CAGR of 5.0% from 2023 to 2032.
- By business, the aftermarket segment is projected to grow at a CAGR of 5.2% during the forecast period.
- By application, the meat processing segment is projected to grow at a CAGR of 5.2% during the forecast period.
- Region-wise, Asia-Pacific accounted for the largest share in the spiral freezer market, and LAMEA is anticipated to grow at the highest rate registering a CAGR of 5.5% during the forecast period.
Companies Mentioned
- Dantech Freezing Systems
- FPS food process solutions
- GEA Group AG
- ICS Spiral Freezers
- Linde plc
- Mayekawa
- RMF Works
- SCANICO A/S
- Sinteco impianti
- VDL Systems BV
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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