Fire Tube Food Processing Boiler Market Trends

  • Report ID: 6587
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Fire Tube Food Processing Boiler Market Trends

Growth Drivers

  • Rapid shift towards process automation in food processing operations: Manufacturers in the food industry are increasingly relying on automated technologies like fire tube boilers to enhance the consistency and efficiency of their operations. For instance, in September 2023, Babcock Wanson Ltd., a specialist in industrial process heating equipment and solutions, finished a turnkey project to feed steam to cookers at IRC Cucina's new central kitchen in Trafford Park via its BWD30 fire tube boiler.

    These boilers are crucial for various food processing tasks such as drying, sterilizing, and cooking, as they provide reliable and efficient heat generation. Automation reduces human interference in potentially dangerous situations, which increases safety in addition to production.
  • Expansion of the food and beverage industry: The demand for processed food increases as the population and disposable incomes rise. According to a 2024 UN Trade & Development Organization (UNCTAD) report, approximately 48% of the food imported by developed economies is processed food, whereas only roughly 35% is imported by emerging economies.

    This trend demands increasing production capacity and using cutting-edge processing machinery, such as fire tube boilers, renowned for their dependability and effectiveness. The need for fire tube food processing boilers is anticipated to rise significantly as food manufacturers modernize their processing equipment and expand their production facilities to meet changing customer tastes.
  • Innovations in boiler systems: Boiler systems are now equipped with smart controls due to a shift towards digital transformation. The trend toward digitalization enhances energy management and improves operational efficiency across various food processing applications. Stakeholders are encouraged to adjust to these patterns to seize new possibilities and keep a competitive edge. Furthermore, companies are concentrating on incorporating cutting-edge technologies, such as smart sensors and the Internet of Things (IoT), which may enhance boiler performance, track energy usage, and adhere to environmental requirements.

Challenges

  • Exorbitant installation costs: Potential consumers are discouraged by the initial installation cost, even though the steam generator is dependable and efficient for various industrial uses. This price covers the boiler and related labor and infrastructural expenses. As a result, companies might decide to delay boiler upgrades or choose other heating options, which would hinder market expansion.
  • Energy-efficient alternatives: Modern boilers, such as water tube, and condensing boilers, are far more energy-efficient compared to fire-tube boilers. Condensing boilers recover heat from exhaust gases, achieving higher efficiencies and reducing operational costs. These alternatives are particularly appealing in industries like food processing, where energy efficiency is critical.

Fire Tube Food Processing Boiler Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

5.3%

Base Year Market Size (2024)

USD 570.4 million

Forecast Year Market Size (2037)

USD 1.06 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Dhruv Bhatia


  • Report ID: 6587
  • Published Date: Oct 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of fire tube food processing boiler was over USD 570.4 million.

The market size for fire tube food processing boiler is projected to cross USD 1.06 billion by the end of 2037 expanding at a CAGR of 5.3% during the forecast period i.e., between 2025-2037.

The major players in the market are Babcock Wanson Ltd., Babcock & Wilcox Enterprises, Inc., BM GreenTech Berhad, Bosch Industriekessel GmbH, Clayton Industries, Victory Energy Operations, LLC, Cleaver-Brooks, Forbes Marshall, Hurst Boiler & Welding Co, Inc., Miura America Co., Ltd., and others.

The non-condensing segment is anticipated to garner a share/size of 80.5% during 2025-2037.

The Asia Pacific fire tube food processing boiler market is poised to hold a 48.3% share by the end of 2037.
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