Market Size of Vacuum Fillers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 9.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Vacuum Fillers Market Analysis
The vacuum fillers market is expected to register a CAGR of 39% by the end of the forecast period 2021-2026. The vacuum filters are increasingly being adopted across various end-user industries owing to the autonomy offered by these machines over the production process.
- Players such as Tenco, ALTEC spol. s r.o. is offering semi-automatic and automatic vacuum filters that enable the user to increase the production volume of your homemade products and professionalize the bottling of wine, oil, beer, fruit juices, or other products.
- The increasing awareness of good quality and hygienic packaging of food & beverages coupled with a surge in need for the longer shelf life of products are some of the prominent factors that are expected to drive the demand for vacuum fillers over the forecast period.
- Also, the rising need to gain high production capacity, better consistency, improved filling accuracy, less product waste, and significantly lower operating costs have propelled the players to come up with vacuum filters that enable the user to achieve such objectives.
- Vacuum filling plays a critical role in protecting solutions and products in the pharmaceutical sectors against exposure to oxygen, etc., as it can adversely alter the medication's quality, thereby increasing the shelf life of the products.