The vacuum filling machine market is projected to grow at a considerable CAGR of around 5% during the forecast period (2020-2026). Vacuum filling is a technology that is used to fill pasty products in the package. The vacuum filling machine market growth is driven by the improvement in the technology, growth in the industries in which it is used, such as the pharmaceutical, Cosmetic, and food industry. The increasing awareness in the industry to reduce wastage and increase quality and time efficiency, and the growing importance of Total Quality Management (TQM) and Lean Manufacturing in the industries also boosts the growth of the vacuum filling machine market.
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The vacuum filling machine industry growth is driven by the production growth in the food and beverage industries. Vacuum filling machines are used for the production of a variety of food products such as cheese, butter, yogurt, fish, potato, wine and many more. According to the International Organization of Vine (OIV), the wine consumption in the US in 2018 was 33 million hectolitres. This consumption is rising, hence create demand for vacuum filling machines. According to the United States Department of Agriculture, the butter production in India was 5.8 million MT in 2019 and is increasing at a considerable rate. The increasing demand for vacuum filling machines in the food and beverage industry leads to higher demand for the products. This in turn boosts the growth rate of the market.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Vacuum Filling Machine Market Segmentation
By Type
- Fully Automatic Vacuum Filling Machine
- Semi-Automatic Vacuum Filling Machine
By Application
- Food and Beverage
- Chemical
- Pharmaceutical
- Others
Global Vacuum Filling Machine Market Segmentation by region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of the Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global vacuum filling machine market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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