PUBLISHER: The Business Research Company | PRODUCT CODE: 1414601
PUBLISHER: The Business Research Company | PRODUCT CODE: 1414601
“Spiral Freezers Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on spiral freezers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for spiral freezers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The spiral freezers market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
A spiral freezer is an industrial freezer designed for the rapid freezing of large quantities of food products, including meat, seafood, and prepared meals. Its primary function is to freeze a substantial quantity of contents simultaneously while preserving the high quality of the product, maintaining attributes such as texture, moisture, and flavor throughout the entire freezing process.
There are two main types of spiral freezers single-drum spiral freezers and double-drum spiral freezers. Single-drum spiral freezers are equipped with a single rotating drum where food products are placed on a conveyor belt and swiftly frozen as they traverse through the drum. These freezers come in various capacities, ranging from small to medium and large, making them suitable for diverse applications such as meat processing, seafood and fish processing, bakery products, and other food processing needs.
The spiral freezers market research report is one of a series of new reports from The Business Research Company that provides spiral freezers market statistics, including spiral freezers industry global market size, regional shares, competitors with a spiral freezers market share, detailed spiral freezers market segments, market trends, and opportunities, and any further data you may need to thrive in the spiral freezers industry. This spiral freezers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The spiral freezers market size has grown strongly in recent years. It will grow from $4.21 billion in 2023 to $4.5 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth observed in the historic period can be attributed to several factors, including the expansion of the frozen food industry, an increase in processed food consumption, the growth of quick-service restaurants, the globalization of food supply chains, and the implementation of stringent food safety regulations.
The spiral freezers market size is expected to see strong growth in the next few years. It will grow to $5.72 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The anticipated growth in the forecast period can be attributed to several factors, including an increased focus on hygienic design, the regional expansion of frozen food markets, continuous advancements in refrigerants, the growing trend of single-serve frozen products, and a commitment to compliance with food safety regulations. Major trends expected in the forecast period encompass a move towards compact footprints and flexible configurations, the integration of automation and Industry 4.0 technologies, customization for diverse applications, the adoption of advanced refrigeration technologies, and collaborations with food manufacturers. These trends reflect the industry's efforts to enhance efficiency, meet evolving consumer demands, and align with regulatory standards.
The spiral freezer market is expected to experience growth, driven by the increased scope of the food and beverage industry. This industry encompasses all entities involved in the processing, packaging, and distribution of raw food materials, transforming them into consumer food products. Spiral freezers, as versatile systems, play a crucial role in cooling and freezing products within the food and beverage sector. For instance, data from the U.S. Census Bureau's Advance Monthly Retail Trade Survey reported that retail and food services sales in the United States reached $691.7 billion in April 2023, reflecting a 2.9% increase compared to March 2022. Notably, food services and drinking places accounted for $96.527 billion in March 2023, marking a 13.9% increase from March 2022. This growth in the food and beverage industry is a key driver for the spiral freezer market.
The increasing number of restaurants and food service establishments is expected to contribute to the growth of the spiral freezers market. Restaurants, as a specific subset of food service establishments, provide a sit-down dining experience with a diverse menu of prepared dishes. Spiral freezers play a vital role in maintaining the quality, efficiency, and productivity of food handling and preparation in these establishments. For instance, as of July 2023, The Chef's Store reported a total of 49,365 Mexican restaurant establishments in the U.S. in 2021, indicating a 2.4% increase from 2022. The growth in the number of restaurants and food service establishments is a significant factor driving the spiral freezers market.
Innovative freezing technologies are emerging as a key trend in the spiral freezer market, with major companies actively focused on developing advanced products equipped with efficient and sustainable technologies to strengthen their market position. For example, in March 2021, JBT Corporation, a U.S.-based food processing machinery manufacturer, introduced the JBT Northfield CleanFREEZETM Spiral Freezer. This innovative freezer features a hygienic design, exceptional efficiency, and easy maintenance, making it suitable for freezing, chilling, and cooling a wide range of packaged and individually quick-frozen (IQF) food products on a large scale. The inclusion of JBT's Clean-in-Place technology simplifies and enhances the sanitation process, minimizing manual intervention.
Major companies in the spiral freezer market are actively developing innovative products, such as the ProEdge Drive, to drive revenues and gain a competitive edge. The ProEdge Drive from GEA, a Germany-based company specializing in process technologies and components, integrates the latest freezer innovations, including continuous monitoring and control of product frozenness with Callifreeze and dynamic temperature control with the Intelligent Valve System (IVS). This system, launched at the IFFA trade fair in March 2022, features a drum-free design, offering flexibility in adding tiers and increasing freezing capacity by up to 12 percent for the same footprint.
In May 2021, DSI Freezing Solutions A/S, a Denmark-based plate-freezing technology company, acquired Cryogenic Equipment and Services NV (CES) and Dantech Freezing Systems A/S (Dantech). These acquisitions enable DSI Freezing Solutions to provide a comprehensive range of freezing technology and a diverse variety of cooling and heat treatment solutions to the food industry. Cryogenic Equipment and Services is a Belgium-based company specializing in cryogenic equipment and freezing technology, while Dantech Freezing Systems A/S, based in Denmark, offers freezing, cooling, and heating solutions, including spiral freezers.
Major companies operating in the spiral freezers market report are Advanced Equipment Inc., FPS Food Process Solutions, ICS Spiral Freezers Inc., Mayekawa Mfg. Co. Ltd., John Bean Technologies Corporation, Airofreeze Inc., IJ White & Sons Ltd., Scanico A/S, Korutek Engineering Corporation, Seward Refrigeration Limited, Heinen & Lowenstein GmbH, GEA Group Aktiengesellschaft, Starfrost Corporation, Conovey Inc., Square Technology Group Co. Ltd., Alfa Laval AB, Americold Inc., Anhydro SpA, Barry-Wehmiller Companies Inc., Binder GmbH, Blue Star Limited, CFS srl, Cryogenmach LLC, Dorin SpA, Enexio GmbH, Food Engineering SAS, FrigorTec GmbH, Heat and Control Inc., Kiremko NV, Marel hf, Mycom srl, Nidec Global Appliance Corporation, OctoFrost A/S, Perley-Halladay Associates Inc., Pramac S.p.A., RMF Companies Inc., TGE srl
North America was the largest region in the spiral freezers market in 2023. Europe is expected to be the fastest-growing region in the global spiral freezers market during the forecast period. The regions covered in the spiral freezers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the spiral freezers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The spiral freezers market consists of sales of iCompact spiral freezers, packaged spiral freezers, external spiral freezers, and site-built spiral freezers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.