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Gas Fired Food Processing Boiler Market was valued at USD 365 million in 2023 and is set to grow at a CAGR of 5.5% from 2024 to 2032. Increasing shift toward cleaner energy sources coupled with growing advancement in boiler technology focusing on improving efficiency and reducing emissions will propel the business landscape. Rapid industrialization in major economies along with burgeoning investment in energy infrastructure will drive the industry potential.
A gas fired food processing boiler is a boiler that uses propane and natural gas as its fuel source to generate steam or hot water for various food processing operations. Stringent environmental regulations aimed at improving energy efficiency in line with upgrading and enhancement of existing boiler systems will positively impact the business outlook. There is an increasing focus on energy-efficient heating technologies combined with incorporation of digital technologies in these boiler units will accelerate the product penetration. Additionally, ongoing refurbishment and expansion of industrial activities in conjunction with need for efficient and reliable steam generation systems will sway the industrial boiler market.
Report Attribute | Details |
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Base Year: | 2023 |
Gas Fired Food Processing Boiler Market Size in 2023: | USD 365 Million |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 591.4 Million |
Historical Data for: | 2021 – 2023 |
No. of Pages: | 105 |
Tables, Charts & Figures: | 60 |
Segments covered: | Capacity, Product, Technology & Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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