Fire Tube Food Processing Boiler Market Share

APAC Market Statistics

Asia Pacific in fire tube food processing boiler market is set to capture over 48.3% revenue share by 2037. The market is growing due to the expansion of industrial and urban sectors in major countries. The favorable trend toward raising energy efficiency and emission reduction goals and rising infrastructure investment in the food processing sector will fuel fire tube food processing boiler market expansion.

India has experienced a tremendous digital revolution, with greater connection and technological prowess resulting in greater digital accessibility and inclusivity for its people. For instance, the share of the digital economy in India's overall economy was 3.5% in 2014, is 10% currently, and is predicted to reach over 20% of the country's GDP by 2020-2026. This digital transformation has led manufacturers in the country to incorporate smart controls to optimize energy management and enhance the efficiency of these boilers across the food & beverage industry.

China's food processing business has advanced in the last several years. With the continuous improvement of its overall grain production capacity, China has generated a significant amount of grains. The yearly production has leveled off over 650 million tons, providing a solid platform for expanding China's food processing sector. Therefore, food processing businesses in the nation have increased the use of fire tube food processing boilers as they increase their production facilities and upgrade their processing equipment to keep up with evolving consumer preferences.

North America Market Analysis

North America will hold a significant share in the fire tube food processing boiler market by the end of 2037. The fire tube food processing boiler market is booming due to growing operational expenses, regulatory pressure, and supportive federal and state environmental laws that encourage the use of cleaner technology, the sector is placing a higher priority on energy efficiency. Furthermore, due to the growing adoption of energy-efficient technologies and the trend toward lowering greenhouse gas emissions, the industry is expected to increase.

In the U.S., the continuous growth of organic goods, frozen foods, and prepared meals along with the incorporation of low-NOx burners and other emission-reducing technology, will stimulate product demand. For instance, spending on frozen fruit increased dramatically in 2021, rising by over 20% over the previous year.