April 23, 2024
Blast Chillers Market

Blast Chillers are Estimated to Witness High Growth Owing to Automation Advancement

Blast chiller are specialized refrigeration appliances that are used to quickly cool or chill hot food products down to a refrigerated low temperature. They rapidly cool or chill cooked foods, baked goods, ingredients or reheated foods by circulating cold air around the food product. This helps maintain the texture, color, flavor and nutritional value of food. The rapid cooling process prevents bacteria growth allowing foods to be safely stored in refrigeration until required. With growing demand for ready to eat meals and foodservice operators aiming to reduce food wastage, the need for blast chillers has increased significantly.

The Global Blast Chillers Market is estimated to be valued at US$ 2.24 Bn in 2024 and is expected to exhibit a CAGR of 15% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the Blast Chillers Market Size are Locus Robotics, ABB Limited, Honeywell International Inc., Fanuc Corporation, Geek+ Inc., TGW Logistics Group GMBH, Omron Adept Technologies, Swisslog Holding AG (KUKA AG), Singapore Technologies Engineering Ltd (Aethon Incorporation), Yaskawa Electric Corporation (Yaskawa Motoman), InVia Robotics Inc., Fetch Robotics Inc., Syrius Robotics, Grey Orange Pte Ltd, Hangzhou Hikrobot Technology Co. Ltd and Toshiba Corporation.

The key opportunities in the blast chillers market include growing demand from hotels, restaurants and cafeterias. Additionally, increasing focus on reducing food wastages is also driving the need for blast chillers.

Technological advancements such as integration of automation, IoT and cloud based systems is expected to boost the demand for smart and connected blast chillers. This is helping operators remotely monitor performance and receive alerts.

Market Drivers
The major market driver for blast chillers is the increasing demand from the foodservice industry. Growing number of hotels, restaurants and cafeterias are expected to boost sales of commercial blast chillers. Rapid urbanization along with changing lifestyle and food habits is fueling the foodservice sector. Furthermore, growing focus on reducing food wastages among operators and emphasis on quality preservation is also driving the blast chillers market.

Current challenges in the Blast Chillers market
The blast chiller market is witnessing rapid changes due to advances in technologies and innovations. Manufacturers in the industry are facing challenges to maintain product quality, reduce costs and improve supply chain efficiencies to cope up with rising competitive pressure. Additionally, demand fluctuations due to economic cycles and seasonality of foodservice segments pose operational challenges. Strict food safety regulations across regions have increased compliance requirements for industry players. Sustaining profit margins with growing raw material prices is another major concern in the blast chiller market.

SWOT Analysis
Strength: Cost-effectiveness compared to conventional chilling methods. Wide temperature ranges enables versatility.
Weakness: High initial investment requirements. Complex operations than existing chillers.
Opportunity: Growing demand from emerging markets. Scope for product innovations and customizations.
Threats: Intense competition from local players. Threat of substitution from alternative chilling technologies.

Geographical regions where market is concentrated
In terms of value, North America currently accounts for the largest share in the blast chillers market, followed by Europe. The U.S. and major Western European countries such as Germany, U.K. and France hold major demand. This can be attributed to widespread foodservice industry, widespread Quick Service Restaurants (QSR) chains and adoption of modern equipment.

Fastest growing region for the Blast Chillers market
The Asia Pacific region is projected to witness the fastest growth in the blast chillers market during the forecast period. Rapid urbanization, growing middle-class population, rising number of hotels and restaurants are driving the APAC blast chillers market. Government initiatives to boost food processing industry and growing investments from multinational players are supporting market growth in the region. Countries like China, India and Southeast Asian nations will be major revenue contributors.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it