Blast Chillers Market By Product Type (Roll In Blast Chillers, Reach-In Blast Chillers, Under Counter Blast Chillers), By Capacity (Below 50KG, 50 – 100KG, 101-500KG, More than 500KG), By Application (Hotel, Restaurant, Supermarket, Bakery and Confectionary, Food Manufacturers, Hospitals and Clinics, Others): Global Opportunity Analysis and Industry Forecast, 2024-2033
The Blast Chillers Market was valued for $1,428.20 million in 2023 and is estimated to reach $2,392.80 million by 2033, exhibiting a CAGR of 5.1% from 2024 to 2033.
The growth in demand for preserving the flavor and freshness of food for longer durations is fueling the growth of the blast chillers sector. Blast chillers have the ability to quickly reduce the temperature of food within 90 minutes. This technique has gained popularity in the industry owing to its use in preparing ready-to-eat dishes, ensuring food safety, and preserving food quality over time. Additionally, the extensive use of blast chillers in restaurants, catering establishments, seafood and meat processing facilities, and bakeries is projected to drive the blast chillers market. Moreover, the introduction of eco-friendly designs is expected to further increase demand in the upcoming years.
The foodservice industry has experienced significant growth due to various factors such as evolving consumer lifestyles, a rise in dining out habits, and the flourishing tourism sector. Notably, Canada stands as the primary destination for consumer-oriented products such as Beef & Beef Products, Dairy Products, Baked Goods, Cereals, & Pasta, which are manufactured in the United States. In 2022, the value of U.S. consumer-oriented exports to Canada reached $19.9 billion, representing 24% of the total global exports in this category. Blast chillers play a crucial role in enabling these businesses to handle large quantities of food while ensuring its quality and safety. This innovative device allows for the rapid cooling of cooked and baked goods to appropriate temperatures, facilitating bulk preparation in advance. As emerging nations witness continuous growth in their foodservice sectors, the demand for blast chillers is projected to experience a significant surge.
Blast chillers play a crucial role in reducing food waste by rapidly cooling freshly cooked or baked food, thereby extending its shelf life and ensuring its safety for future consumption. Food waste, especially perishable items like meat, dairy, fruits, and vegetables, leads to significant economic losses for food businesses. The absence of adequate refrigeration and freezing infrastructure has been a major contributor to the problem of food waste. In order to combat this issue, retailers are increasingly adopting blast chillers to minimize perishable waste. Supermarkets, for instance, utilize blast chillers to cool down meat, prepared meals, and baked goods.
Furthermore, by reducing waste, businesses can enhance their profitability and promote sustainability, thereby encouraging the use of blast chillers. The growing demand in the food service sector also presents an opportunity for the development of cold storage chains. The food service sector comprises two main segments: commercial and non-commercial subsectors. In Canada, the commercial food service sub-sector alone accounts for $62 billion, representing 82% of total food service sales in 2022. The low penetration of blast chillers, coupled with increased consumer awareness regarding food safety and quality in countries such as Canada, Mexico, and the U.S., creates attractive prospects for the installation of blast chillers. Companies are responding to this demand by creating affordable blast chillers to target the mass market, and local production efforts contribute to reducing prices.
The Blast chiller market is segmented on the basis of product type, sales channel, capacity, and application. Depending upon the product type, the market is categorized into roll in blast chiller, reach in blast chiller, and undercounter blast chiller. On the basis of sales channel, it is divided into offline, and online. Depending upon the capacity, the market is classified on the basis of below 50kg, 50kg-100kg, 101kg-500kg, and more than 500kg. Furthermore, on the basis of application, it is divided into hotel, restaurant, supermarket, bakery and confectionary, food manufacturers, hospital and clinics, and others. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Competition AnalysisKey companies profiled in the blast chiller market include U-Line Corporation, Alto-Shaam, Inc., ThermoKool, Mercury Systems, Inc., Electrolux Group, Foster Refrigerator, Ali Group, IRINOX S.p.A., GEMM Srl, and Sereva, SA.
Key Benefits For StakeholdersThe report provides an extensive analysis of the current and emerging Blast chiller market trends and dynamics.
In-depth Blast chiller market analysis is conducted by constructing market estimations for key market segments between 2024 and 2033.
Extensive analysis of the Blast chiller market is conducted by following key product positioning and monitoring of top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The Blast chiller Market forecast analysis from 2024 to 2033 is included in the report.
The key players within Blast chiller market is profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the Blast chiller industry.
Key Market SegmentsBy CapacityBelow 50KG
50 – 100KG
101-500KG
More than 500KG
By Product TypeRoll In Blast Chillers
Reach-In Blast Chillers
Under Counter Blast Chillers
By ApplicationBakery and Confectionary
Food Manufacturers
Hospitals and Clinics
Others
Hotel
Restaurant
Supermarket
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
South Korea
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Mercury Systems, Inc.
Electrolux Group
Alto-Shaam, Inc.
Illinois Tool Works, Inc.
GEMM Srl
Sereva, SA
U-Line Corporation
IRINOX S.p.A.
Ali Group
ThermoKool
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