Vacuum pans Market size was estimated at $xx Million in 2020 and is expected to reach $xx Million by 2027, growing at a CAGR of 10.85% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Vacuum pans are tools used for evaporation and condensation, for instance, condensation of sugar syrup by heating it at a low temperature to boost the sugar concentration, therefore resulting in the appearance of sugar crystals. The process of modifying the sugar syrup to the perfect sized sugar crystal is referred to as massecuite.
The vacuum pans are essential for sugar mills in terms of the sugar-producing process. Besides, it is known that continuous vacuum pan and batch vacuum pan are commonly used in many sugar mills. They can also be used to process jellies, jams, and other concentrations like chicken broth.
There is the availability of high-quality vacuum pans, which is provided essential advantages such as steam economy, minimal supervision, and full automation, high rate of evaporation, high throughput, better exhausting, uniform crystal, and ultimate capacity usage in a minimum footprint.
Vacuum Pans Market Growth and Trends
One of the major contributing factors to the increase in the vacuum pans market growth is its comprehensive usage in the food and beverage industries as these appliances are used to crystallize the sugar. An increase in the demand for sweet treats and baked goods has impacted a huge increase in the demand for vacuum pans thus increasing its market revenue.
The increase in population globally has impacted the increase in demand in the food and beverage industry thus having a direct impact on the increase in the market revenue. Along with this, vacuum pans are extensively used in the pharmaceutical industry in the manufacture of antibiotics and cough syrups which are in need on huge scales especially now in the pandemic situation thus increasing the vacuum pans market trend.
Technological advancements and industrialization have increased the demand for consumer durables which has increased the vacuum pans market demand substantially.
A soaring demand for beer consumption globally has impacted the market growth of vacuum pans Breweries use vacuum pumps in the making of beer that is almost indispensable as a product of consumption today and over the coming years. This has created a huge market demand for vacuum pans and will continue to generate high market revenue. Also, vacuum pans are used in the health and wellness sector to where sugar is used to make scrubs which are in great demand and thus increases the market demand of vacuum pans.
A few limitations to the market growth would be its low efficiency and its varied quality which might affect the end-user product consumption.
Vacuum Pans Market Regional Analysis
Countries like Brazil, India, China, Thailand, Bangladesh, Norway, and Mexico contribute immensely to the market because of the increasing growth in the food and beverage industries. Other countries of the European region, like Germany, the United Kingdom, Netherlands, France, Italy, Switzerland, and Greece expanded the usage in the sugary substances all over the globe as it is to add sweeten to the food, and to flourish its tastes. Other countries like Pakistan, Colombia, Guatemala, Ukraine, Indonesia, Algeria, and Malaysia are developing rapidly because of the growth of the pharmaceutical industries (for antibiotics, and sugary syrups), manufacturing units, and the skincare industry. However, countries like Yemen, Haiti, Ethiopia, and South Sudan are growing at a slow rate because of the high prices of the vacuum pans in the region.
Vacuum Pans Market Share and Competition
Key companies operating in this industry are: Honiron Manufacturing, Procknor Engenharia, Ashoka Machine Tools Corporation, PRO-DO-MIX srl, Fives, Siddharth Tanks & Vessels Pvt. Ltd., Spray Engineering Devices Ltd., Sugar Technology International, Shrijee Group, Lee Industries, BMA Braunschweigische Maschinenbauanstalt AG, Goma, and Uttam Sucrotech International Pvt. Limited. Similar industries in this domain that is growing at a high CAGR include Commercial Kettles and Braising Pans Market and Global Industrial Vacuum Cleaner Market.
Vacuum Pans Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Batch vacuum pans
• Continuous vacuum pans
• Multi Down Take Rapid Boiling Batch Pans
Capacity Analysis (Revenue, USD Million, 2020 - 2027)
• Up to 20 Tons
• 20 – 40 Tons
• More Than 40 Tons
Procurement Analysis (Revenue, USD Million, 2020 - 2027)
• New
• Used
End-use industry Analysis (Revenue, USD Million, 2020 - 2027)
• Food & Beverage
• Oil & Gas
• Wastewater Treatment
• Others
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Vacuum Pans Market Companies
• Honiron Manufacturing
• Procknor Engenharia
• Ashoka Machine Tools Corporation
• PRO-DO-MIX srl
• Fives
• Siddharth Tanks & Vessels Pvt. Ltd.
• Spray Engineering Devices Ltd.
• Sugar Technology International
• Shrijee Group
• Lee Industries
• BMA Braunschweigische Maschinenbauanstalt AG
• Goma
• Uttam Sucrotech International Pvt. Limited
Available Versions: -
United States Vacuum Pans Market Research Report
Europe Vacuum Pans Market Research Report
Asia Pacific Vacuum Pans Market Research Report
India Vacuum Pans Market Research Report
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