The non-thermal pasteurization market is estimated to account for about USD 1.1 billion in 2018 and is projected to reach a value of nearly USD 2.7 billion by 2023, growing at a CAGR of 19.8% from 2018.
The non-thermal pasteurization market is increasingly impacted by innovations, as manufacturers are always introducing new equipment ingredients and new variants to meet the increasing demand and cater to the increasing application industries. The global non-thermal pasteurization market is growing significantly in accordance with the commercialization; the increasing size of packaged foods market; and growth in the convenience food sector, which includes products such as frozen foods and ready-to-eat foods; and the growing demand for novel technologies.
On the basis of technique, the HPP segment is estimated to dominate the non-thermal pasteurization market in 2018. The HPP food processing technology is a technique where food is subjected to elevated pressures to inhibit the growth of microorganisms without altering the freshness and natural characteristics of products. HPP is also known as high hydrostatic pressure (HHP) or ultra-high pressure (UHP) in the industry.
North America is estimated to account for the largest market share in the non-thermal pasteurization in 2018. The region is projected to offer huge growth potential to the non-thermal pasteurization market. The use of non-thermal pasteurization techniques are increasing more rapidly in North America due to the demand for extended, safe, refrigerated shelf life; and favorable food preservation legislation.
Leading companies are Hiperbaric España (Spain), Avure Technologies (US), BOSCH (Germany), Thyssenkrupp Ag (Germany), and Kobe Steel Ltd (Japan), Chic Freshertech (US), Multivac SEPP Haggenmuller Se & Co. KG (Germany), Stansted Fluid Powder LTD (UK), Dukane Corporation (US), and Universal Pure (US).