The global food ultrasound market is projected to expand at a compound annual growth rate (CAGR) of 5.1% from 2023 to 2033, according to the latest market research by FMI. With an estimated value of USD 119.3 million in 2023, the market is expected to reach USD 180.1 million by 2033.
Ultrasound is increasingly used to test materials and objects, and this technology is now being applied in the food industry for modification and analysis of food products. Moreover, ultrasound-based systems in food processing are eco-friendly and energy-efficient, contributing to the reduction of food waste.
These factors are expected to drive the adoption of ultrasound technologies within the food sector. However, stringent food safety regulations and technical challenges could potentially hinder market growth.
The growing concerns about waste and prolonged processing times, food ultrasound has emerged as the most crucial component of the food and beverage industry. These two problems can be addressed with the use of food ultrasonic technology, which can also improve the application’s effectiveness. Considering food ultrasound is a very new and developing technology, there aren’t many companies with the resources and expertise to run ultrasonic processing equipment. Lack of expertise and labor scarcity may result in processing problems and increased raw material waste.
To prevent this, companies have a greater possibility to hold instructive workshops and provide workers with the proper training. Along with the introduction of new products and technological advancements, the key companies also intend to carry out several strategic activities. In order to guarantee market growth, mergers, acquisitions, and expansions are some strategic approaches used by market players.
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Key Takeaways:
- The food ultrasound market is predicted to record a CAGR of 1% through 2033.
- Consumer demand for a longer duration of storage, rising food quality awareness, and maximizing nutritional content in food are expected to drive the food ultrasound
- The food ultrasound market is anticipated to reach a valuation of USD 119.3 million in 2023.
- The food ultrasound market is expected to surpass USD 180.1 million by 2033.
- The food ultrasound market recorded a CAGR of 7% from 2018 to 2022.
Competitive Background:
The key players operating in the food ultrasound market are investing in mergers and acquisitions in order to gain a significant market share. The manufacturers are also investing in research and development, and are introducing innovative methods to boost production capacity. Product development and market expansion are significant aspects of the food ultrasound market. As a result, market participants are likely to have a better overall revenue share in the global food ultrasound market.
Recent Developments:
- The new ultrasonic technology that Abertay University created in December 2020 helped the food business tremendously. Owing to this technology, fruits, and vegetables now have a greater amount of nutrition. It can also be used to decrease and repurpose food waste by extracting bioactive compounds from food waste like orange peel and apple pomace.
- In March 2021, Sound Nutrition revealed a clean-label sweet snack that used an ultrasonic shaping technique. This method uses high-frequency, low-amplitude sound waves to preserve nutrients, create forms and textures, and enhance the taste.
Significant Key Players are:
- Hitachi Corporation,
- Siemens Healthcare
- Analogic Corporation
- FUJIFILM Holdings Corporation
- Koninklijke Philips N.V
- Esaote S.p.A
- Mindray Medical International Ltd.
- Robert Bosch GmbH
- Emerson Electric Co.
- Buehler’s Fresh Foods
- Dukane IAS
- Hielscher Ultrasonics GmbH
- Newtech
- Denny’s Franchisee Association
- Rinco Ultrasonics
Key Segments
Food Product:
- Meat
- Beverages
- Fruits & Vegetables
- Dairy
- Bakery
- Other Food Products
Frequency Range:
- Low Intensity
- High Intensity
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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