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The global Pasteurizers and Sterilizers market was valued at USD 18.4 billion in 2023 and is predicted to grow at a CAGR of over 3.1% from 2024 to 2032.
With a growing emphasis on convenience, especially in developing regions, consumers are increasingly gravitating towards processed food and beverages. This shift has led to a heightened demand for pasteurization and sterilization technologies. These essential processes not only extend the shelf life of products but also ensure their safety and quality, particularly for items like dairy, juices, and ready-to-eat meals.
Report Attribute | Details |
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Base Year: | 2023 |
Pasteurizers and Sterilizers Market Size in 2023: | USD 18.4 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 3.1% |
2024 – 2032 Value Projection: | USD 24.1 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 180 |
Segments covered: | Product Type, Application, End-Use, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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