Hydrostatic Sterilizer Equipment Market in APAC by Application and Geography - Forecast and Analysis 2020-2024

Published: Jun 2020 Pages: 120 SKU: IRTNTR43857

The hydrostatic sterilizer equipment market size in APAC has the potential to grow by USD 11.08 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by application (food and dairy and beverages) and geography (China, Japan, India, and Rest of APAC). Also, the report analyzes the market's competitive landscape. It offers information on several market vendors, including Hydrolock, John Bean Technologies Corp., Shandong Dingtaisheng Food Industry Equipment Co. Ltd., Steritech, Zhangjiagang Genyond Machinery Co. Ltd., and Zhucheng Jinding Food Machinery Co. Ltd.

Market Overview

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Market Competitive Analysis

The market is concentrated. Hydrolock, John Bean Technologies Corp., and Shandong Dingtaisheng Food Industry Equipment Co. Ltd. are some of the major market participants. The established vendors have strong financial abilities and technical expertise for offering high-quality and compliant products. Small-scale vendors compete with established vendors by using low price strategies and strengthening the local customer base. Although the increasing demand for sterilization of food and dairy products will offer immense growth opportunities, the presence of strong substitutes will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this hydrostatic sterilizer equipment market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and provides information on the products offered by various companies. Moreover, this hydrostatic sterilizer equipment market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Hydrolock
  • John Bean Technologies Corp.
  • Shandong Dingtaisheng Food Industry Equipment Co. Ltd.
  • Steritech
  • Zhangjiagang Genyond Machinery Co. Ltd.
  • Zhucheng Jinding Food Machinery Co. Ltd.

Hydrostatic Sterilizer Equipment Market in APAC: Segmentation by Geography

China was the largest hydrostatic sterilizer equipment market in APAC in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing growth in packaged food production and expansion of the production lines of food, dairy, and beverage producers will significantly drive hydrostatic sterilizer equipment market growth in this region over the forecast period.

39% of the market's growth will originate from China during the forecast period. Market growth in this region will be slower than the growth of the market in India and the Rest of APAC.

Hydrostatic Sterilizer Equipment Market in APAC: Segmentation by Application

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Hydrostatic sterilizer equipment is extensively used in food processing industries for the in-container sterilization of packaged food items. It supports diversified packaging options such as cans, glass jars, bottles, and flexible packages, including tub, pouch, and tray. The increase in food consumption and the growing demand for packaged food are boosting the production in food industries, which is fueling the demand for hydrostatic sterilizer equipment in APAC.

Market growth in the food segment will be faster than the growth of the market in the dairy and beverages segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the hydrostatic sterilizer equipment market size in APAC.

Hydrostatic Sterilizer Equipment Market in APAC: Key Drivers and Trends

Consumers prefer natural and fresh products over the processed ones that have chemical preservatives. The change in consumer preference has led the processed food and dairy producers to reduce the use of chemical preservatives. Thus, to extend the shelf life of the product, food and dairy producers are increasingly focusing on aseptic packaging and efficient sterilization processes. Food and dairy producers are continually updating their production lines by integrating optimum sterilization and processing equipment that can help them maintain consistency in product perishability and quality and gain competitive advantages over rivals by bringing strong economic propositions in the production process. The increasing demand for efficient sterilization equipment across the packaged food and dairy industries is driving the installation of hydrostatic sterilizer equipment, contributing to the market growth.

Packaged food and dairy producers in APAC operate in a highly regulated market and are required to comply with food safety regulations and policies. The food safety regulations are enforced by government regulatory agencies such as the Food Safety and Standards Authority of India (FSSAI) and Food Safety Commission of Japan (FSCJ) to ensure that the packaged food and dairy products are produced using standard procedures, have optimum quality standards, are safe to use by consumers, and are free from contamination. Countries such as Japan, China, and India have stringent food safety regulations and policies. For instance, FSSAI acts as a regulatory body that frames food safety regulations and standards, disseminates the information for maintaining optimum safety procedures in food production, and promotes awareness about food safety norms. To comply with such strict regulatory requirements related to product safety and sterility and to avoid penalties, packaged food and dairy producers are increasingly installing efficient sterilization equipment such as hydrostatic sterilizer equipment, which ensures optimum safety of packaged food and dairy products. The hydrostatic sterilizer equipment market in APAC will register a CAGR of almost 6% during the forecast period.

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Hydrostatic Sterilizer Equipment Market in APAC: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive hydrostatic sterilizer equipment market growth in APAC during the next five years
  • Precise estimation of the hydrostatic sterilizer equipment market size in APAC and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hydrostatic sterilizer equipment industry across China, Japan, India, and Rest of APAC
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hydrostatic sterilizer equipment market vendors in APAC

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Food - Market size and forecast 2019-2024
  • Dairy and beverages - Market size and forecast 2019-2024
  • Market opportunity by Application

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • China - Market size and forecast 2019-2024
  • Japan - Market size and forecast 2019-2024
  • India - Market size and forecast 2019-2024
  • Rest of APAC - Market size and forecast 2019-2024
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive Scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Hydrolock
  • John Bean Technologies Corp.
  • Shandong Dingtaisheng Food Industry Equipment Co. Ltd.
  • Steritech
  • Zhangjiagang Genyond Machinery Co. Ltd.
  • Zhucheng Jinding Food Machinery Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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hydrostatic sterilizer equipment market

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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