The global vacuum filling machine market is anticipated to grow at a significant CAGR during the forecast period. Vacuum filling is a technology that is employed to fill pasty products in the package. The global vacuum filling machine market growth is propelled by the improvement in technology, rise in the industries like the pharmaceutical, cosmetic, and food industries. The raising awareness in the industry to minimise wastage and increase quality and time efficiency, and the increasing importance of Total Quality Management (TQM) and Lean Manufacturing in the industries also accelerate the growth of the vacuum filling machine market.
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The global vacuum filling machine market growth is propelled by the production growth in the food and beverage industries. Vacuum filling machines are employed for the production of a variety of food products like cheese, butter, yoghurt, fish, potato, wine and many more. As per the International Organization of Vine (OIV), the wine consumption in the US in 2020 was 31 million hectolitres. This consumption is increasing, hence creating demand for vacuum filling machines. As per the United States Department of Agriculture, the butter production in India was 5.9 million MT in 2020 and is increasing at a significant rate. The growing demand for vacuum filling machines in the food and beverage industry generate higher demand for the products. This in turn boosts the growth rate of the market.
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Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered-
· By Type
· By End-User
· Competitive Landscape: Albert Handtmann Maschinenfabrik GmbH& Co. KG, Altec Spol s.r.o, Accutek Packaging Equipment Companies, Inc., Heinrich Frey Maschinenbau GmbH, NASCO Corp.
Key questions addressed by the report
· What is the market growth rate?
· Which segment and region dominates the market in base year?
· Which segment and region will project fastest growth in the market?
· How COVID-19 impacted the market?
· Recovery Timeline
· Deviation from pre-COVID forecast
· Most affected region and segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
Global Vacuum Filling Machine Market by Segment
By Type
• Automatic High Vacuum Filling Machine
• Semi-Automatic High Vacuum Filling Machine
By End-User
• Food & Beverages
• Pharmaceutical
• Personal & Household Care
• Others
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
