Condensing Food Processing Boiler Market Size – By Product (Fire-Tube, Water-Tube), By Fuel (Natural Gas, Oil, Coal), By Capacity, By Regional Outlook & Forecast, 2024 – 2032

Condensing Food Processing Boiler Market Size

Condensing Food Processing Boiler Market was valued at USD 265.7 million in 2023 and is set to grow at a CAGR of over 4.9% from 2024 2032. Paradigm shift toward adoption of cleaner energy sources in line with rising advancement in boiler systems focusing on enhancing efficiency and minimizing emissions will escalate the industry landscape. Rapid industrialization growth in key geographies coupled with robust investment in energy infrastructure will boost the business potential.
 

A condensing food processing boiler is a specialized type of boiler used in the food processing industry that operates by condensing water vapour in the exhaust gases to recover latent heat, thereby achieving higher efficiency. Stringent environmental mandates and codes pertaining to improve energy efficiency along with upgradation of existing boiler units will positively influence the industry outlook. Surging focus on efficient heating systems in association with integration of digitalization technologies in these units will complement the product deployment. Moreover, continuous expansion and development of industrial facilities in line with growing necessities for reliable steam generation systems will accelerate the industrial boiler market.
 

Condensing Food Processing Boiler Market Trends

The industry is projected to witness substantial growth owing to their efficiency, cost-effectiveness, and simple operation. Growing technological advancement in boiler systems comprising of integration of digital controls, enhanced heat exchangers, and advanced combustion systems will stimulate the penetration of food processing boiler. Increasing requirement for convenience and processed foods combined with changing lifestyles and rising disposable income will foster the product adoption.
 

Condensing Food Processing Boiler Market Analysis

The < 10 MMBtu/hr capacity condensing food processing boiler industry will exceed USD 100 million by 2032. This range of boiler are designed to provide thermal efficiency and incorporating smart heat recovery systems including economizers. Incorporation of smart control technologies that facilitate real time monitoring, predictive maintenance, and improved operational efficiency will energize the industry outlook. Escalating investment by the public and private players to improve existing boiler design and comply with new environmental codes and efficiency standards will complement the demand for these units.
 

The water-tube condensing food processing boiler market is anticipated to grow at a CAGR of over 4% through 2032. on account of their operational efficiency and incorporation of renewable energy sources. Favorable government regulations pertaining to emissions and air quality in association with innovation of emission control technologies to reduce environmental impact, which in turn will fuel the product deployment. In addition, rapid urbanization growth and evolving dietary preferences in line with stringent food safety regulations will enhance the business potential.
 

Europe condensing food processing boiler market is set to surpass over USD 150 million by 2032, owing to robust industrialization and urbanization growth across key geographies. Surging focus toward improving energy efficiency and emission reduction targets coupled with rising investment in food processing infrastructure will stimulate the market penetration. Moreover, supportive regulatory mandates toward combat climate change and clean energy transition will encourage the industry landscape.
 

U.S. condensing food processing boiler market is witnessed notable growth on account of their ability to reduced fuel consumption, high thermal efficiency, and operational expenses. Regulatory bodies including the Environmental Protection Agency has imposed strict emission regulation on industrial sources, thereby augmenting the deployment of these products. Ongoing investment in expansion and upgradation of existing industrial facilities combined with favourable incentives program and rebates toward adoption of energy efficient technologies will boost the product demand.
 

Condensing Food Processing Boiler Market Share

Viessmann specializes in manufacturing of advanced & efficient systems for cooling, heating, air conditioning, refrigeration, and decentralized power supply. The company operates through three divisions: heating systems, refrigeration systems, and industrial systems. Its industrial systems division includes steam boilers, industrial boilers, and wood combustion systems. Viessmann's product portfolio also includes solar thermal systems featuring vacuum tubes and flat plate collectors, diverse heating solutions, gas-fired condensing and non-condensing heating technologies, cutting-edge biomass heating, wood-fired boilers, and storage tanks. Additionally, the company offers control technologies, indirect-fired domestic hot water tanks, and sophisticated control systems.
 

Condensing Food Processing Boiler Market Companies

The key industry players include:

• ALFA LAVAL
• Ariston Holding N.V.
• Babcock & Wilcox Enterprises, Inc.
• Babcock Wanson
• BM GreenTech Berhad
• Bosch Industriekessel GmbH
• Clayton Industries
• Cleaver-Brooks
• Cochran
• Forbes Marshall
• Miura America Co., LTD.
• Rentech Boiler Systems, Inc.
• Thermax Limited
• Thermodyne Boilers
• Viessmann
   

Condensing Food Processing Boiler Industry News

• In February 2024, Babcock Wanson has announced the acquisition of VKK Group. VKK Group is specialized in design, manufacturing, and sales of industrial boilers for sectors including food, energy, and chemicals. The group also provides a comprehensive range of services, including engineering, turnkey project installation, equipment monitoring, and maintenance. In addition, this strategic acquisition has expanded Babcock Wanson’s footprint in Germany along with leveraging its production facility in Köthen and the service site in Duisburg.
   
• In May 2024, Miura Co. in association with Daikin Industries have announced a strategic capital and business partnership which was held on May 30, 2024. Under this partnership, Daikin will acquire a 4.67% stake in Miura, while Miura will acquire a 49% share in Daikin Applied Systems, a wholly owned subsidiary of Daikin. This collaboration aims to leverage the extensive business networks, products, technologies, and services of both companies, enabling them to influence up to 50% of the total energy consumption at single factories in various industries.
   

This condensing food processing boiler market research report includes in-depth coverage  of the industry with estimates & forecast in terms of “Units”, “MMBtu/hr” & “USD Million” from 2021 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Capacity

• < 10 MMBtu/hr
• 10 - 25 MMBtu/hr
• 25 - 50 MMBtu/hr
• 50 - 75 MMBtu/hr
• 75 - 100 MMBtu/hr
• 100 - 175 MMBtu/hr
• 175 - 250 MMBtu/hr
• > 250 MMBtu/hr

Market, By Product

• Fire-tube
• Water-tube

Market, By Fuel

• Natural gas
• Oil
• Coal
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • UK
  • Poland
  • Italy
  • Spain
  • Austria
  • Germany
  • Sweden
  • Russia
• Asia Pacific
  • China
  • India
  • Philippines
  • Japan
  • South Korea
  • Australia
  • Indonesia
• Middle East & Africa
  • Saudi Arabia
  • Iran
  • UAE
  • Nigeria
  • South Africa
• Latin America
  • Argentina
  • Chile
  • Brazil