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

Food Processing Boiler Market Size

Food Processing Boiler Market size in 2023 was valued at USD 1.3 billion and is estimated to attain a CAGR of over 4.7 during 2024 and 2032. These boilers play a crucial role in various food processing operations, such as cooking, sterilization, pasteurization, and cleaning. They are designed to meet strict hygiene and safety standards to ensure the quality and safety of the food products being processed.
 

The growing need for energy-efficient heating systems coupled with the rapid industrialization in emerging markets will augment the industrial boiler market. The development of industrial infrastructure, alongside continuous initiatives to conserve energy and embrace efficient steam generation systems, will contribute to the growth of boiler market. Additionally, the favorable inclination toward adopting low-emission heating systems and the gradual replacement of traditional units is poised to positively influence the industry's prospects.
 

COVID– 19 Impact

The food processing boiler market experienced adverse effects from the COVID-19 pandemic, primarily due to disruptions in the supply chain and a decrease in industrial activity. Moreover, limited investments and economic uncertainties added to the challenges affecting business growth. Nevertheless, the market exhibited signs of recovery in late 2021, driven by the accelerated pace of industrialization and the strong growth of manufacturing facilities.
 

Food Processing Boiler Market Analysis

Condensing boiler market size is set to surpass over USD 400 million by 2032. Government regulations and incentives aimed at encouraging the adoption of energy-efficient technologies will play a substantial role in driving business expansion. Furthermore, ongoing technological advancements have enhanced their reliability, performance, and ease of maintenance, which will, in turn, promote the adoption of these products across wide tandem of applications.
 

The fire-tube boiler industry will witness a growth rate of 5.4% through 2032. The energy efficiency has been a prominent trend in the food processing boiler market. The manufacturers have been focusing on designing fire tube boilers that maximize heat transfer efficiency and minimize heat loss. This includes the use of advanced combustion technologies, improved insulation, and heat recovery systems, accelerating the business potential.
 

The 75-100 MMBtu/hr boiler market holds a share of over 15% in 2022. Significant focus in the food processing industry to reduce operational costs and environmental impact will energize the industry growth.
 

The key participants have been developing low-NOx burners and advanced combustion technologies to help food processing facilities meet increasingly stringent environmental regulations, which in turn will stimulate the gas fired boiler market. These systems can be easily scaled to match changing production requirements and are suitable for facilities with limited space.
 

Asia Pacific food processing boiler market was valued at USD 587.6 in 2022. The region has witnessed significant growth in the food and beverage industry, driven by rising population, urbanization, and changing consumer preferences. This growth has led to an increased demand for food processing boilers to support various processing operations. Paradigm shift toward reducing waste and reusing resources will positively impact the business outlook.
 

Food Processing Boiler Market Share

The key industry players in the food processing boiler market include

• Babcock & Wilcox Enterprises, Inc.
• Thermax Limited
• Aaron Equipment Company
• Hurst Boiler & Welding Co, Inc.
• Cleaver-Brooks
• Clayton Industries
• Viessmann
• Forbes Marshall
• Hoval
• FERROLI S.p.A
• Bosch Thermotechnology Ltd.
• Superior Boiler
• Babcock Wanson
• The Fulton Companies
• Nationwide Boiler Inc.
• Babcock Power Inc.
• Johnston Boiler
• Richard Kablitz GmbH

Food Processing Boiler Market News

• In January 2022, Babcock & Wilcox Renewable won a contract worth USD 11 million to manufacture, design, install, and supply boiler equipment for a biomass boiler in Canada. In addition, the company will replace the boiler’s pressure part and upgrade its air system & wood feed design. Furthermore, Babcock & Wilcox Canada Corp., its subsidiary, will offer installation services.
   
• In March 2021, Thermax Babcock and Wilcox Energy Solutions signed an agreement of transfer & license with Steinmüller Babcock Environment GmbH, Germany’s waste-to-energy technology. According to the agreement, the company will manufacture, design, engineer, and sell municipal solid waste-fired waste-to-energy solutions including SBE’s boiler & grate technology.
   

This food processing boiler market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units”, “MMBtu/hr” & “USD” from 2019 to 2032, for the following segments:

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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

By Product

• Fire-Tube
• Water-Tube

By Technology

• Condensing
• Non-condensing

By Fuel

• Natural gas
• Oil
• Coal
• Others

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

• 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