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Food Processing Industrial Hot Water Boiler Market Analysis

  • Report ID: GMI12357
  • Published Date: Nov 2024
  • Report Format: PDF

Food Processing Industrial Hot Water Boiler Market Analysis

The natural gas fired food processing industrial hot water boiler industry will exceed USD 250 million by 2034. Rising energy costs and growing environmental concerns in conjunction with strict emissions standards from government authorities are set to drive demand for these units. These boilers are increasingly appealing to industrial users aiming to lower energy consumption, superior efficiency, and reduce operational costs, which in turn will propel the business growth. Additionally, the widespread availability of natural gas in line with the use of renewable energy sources will spur the industry opportunities.
 

Food Processing Industrial Hot Water Boiler Market Revenue Share, By Technology, 2024

The non-condensing food processing industrial hot water boiler market size will witness CAGR of over 4.5% through 2034. The industry is favored for their reliability and lower maintenance requirements compared to more complex condensing systems. Growing consumer spending in packaged, processed and ready to eat food products coupled with stringent safety and hygiene standards will create a positive business scenario. These boilers which operate at higher temperatures are preferred in processes where the risk of corrosion must be minimized, and there is less needed to capture latent heat from exhaust gases.
 

U.S. Food Processing Industrial Hot Water Boiler Market Size, 2022 - 2034 (USD Million)

U.S. food processing industrial hot water boiler market is set to reach over USD 80 million by 2034, owing to the scalability and redundancy offered by these systems, enabling businesses to effectively handle fluctuating hot water demands while ensuring consistent reliability. The increasing adoption of advanced control systems facilitating real-time monitoring and remote management of heating systems will encourage the industry potential. Additionally, government initiatives, including rebates, tax incentives, and grants to promote energy efficiency and limiting carbon emissions will drive the business expansion.
 

Europe food processing industrial hot water boiler market will witness an upsurge on account of stringent energy efficiency regulations and ambitious climate change goals. EU directives, including the Ecodesign Directive and the Energy Efficiency Directive has established minimum efficiency standards for heating equipment, encouraging industries to adopt high-efficiency solutions. Additionally, the region’s ambitious decarbonization targets focused on reducing greenhouse gas emissions and shift toward adoption of renewable energy sources will positively shape the industry outlook.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market for food processing industrial hot water boiler was reached USD 325.9 million in 2024 and is estimated to grow at a 5.3% CAGR from 2025 to 2034, driven by robust urbanization and industrialization.

The natural gas-fired segment is projected to exceed USD 250 million by 2034, due to rising energy costs and stringent emissions standards.

The non-condensing segment is expected to grow at a CAGR of over 4.5% through 2034, favored for its reliability and lower maintenance requirements.

The U.S. market for food processing industrial hot water boiler is set to reach over USD 80 million by 2034, led by scalability, advanced control systems, and government initiatives promoting energy efficiency.

Key players include ALFA LAVAL, Ariston Holding, Babcock & Wilcox, Babcock Wanson, BM GreenTech, Bosch Industriekessel, Clayton Industries, Cleaver-Brooks, Cochran, Forbes Marshall, Miura America, Rentech Boiler Systems, Thermax Limited, Thermodyne Boilers, and Viessmann.

Food Processing Industrial Hot Water Boiler Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 15
  • Tables & Figures: 40
  • Countries covered: 21
  • Pages: 140
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