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Food Processing Industrial Hot Water Boiler Market Trends

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

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Food Processing Industrial Hot Water Boiler Market Trends

The industry is projected to witness significant growth driven by reduced emissions offered by advanced boilers and lower fuel consumption. Rising demand for reliable heating systems to support uninterrupted operations along with the ongoing upgrade and replacement of conventional boiler systems will shape the business landscape. Additionally, rapid industrial expansion across key emerging economies in association with advancements in industrial boiler design will enhance 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.