by The blast chillers market comprises commercial blast chillers that are used for rapidly cooling or freezing cooked food items and other food products. Blast chillers use high-velocity, highly humidified air that efficiently cools down hot foods from 160°F to 40°F within 90 minutes or from 90°F to 38°F within 4 hours thereby maintaining quality, texture and nutritional value. They enable restaurants, cafeterias, hospitals and caterers to safely store freshly cooked meals. The high efficiency chilling process allows centralized food production and just-in-time delivery.
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 are Locus Robotics, ABB Limited, Honeywell International Inc., Fanuc Corporation, Geek+ Inc. Demand for blast chillers has grown considerably over the past few years owing to increasing focus on food safety, development of advanced chilling mechanisms and rising number of foodservice outlets. The North American blast chillers market holds a significant share and is expected to maintain its dominance through the forecast period. Asia Pacific blast chillers market is poised to witness strong growth supported by growing food processing and restaurant industry.
Blast Chillers Market Demand for advanced and energy efficient chilling systems in varied end-use sectors including food & beverage processing plants and hotels & restaurants is a key factor driving the blast chillers market. Rapid increase in number of quick service restaurants coupled with rising focus of food business operators and caterers on automated, centralized food production is further augmenting the sales of blast chillers.
Global expansion of major quick service restaurant chains into developing nations of Asia Pacific and Latin America is anticipated to present lucrative growth opportunities for blast chillers manufacturers over the coming years. Ongoing technical advancements to increase chilling efficiency and reduce energy consumption per cycle will continue to support adoption of blast chillers.
Market key trends
Automated solutions continue to garner attention of end-users with increasing adoption of Internet of Things (IoT) and automated control systems in commercial kitchens. Integration of blast chillers with automated warehouse management software allows centralized monitoring and control of chilling operations. Manufacturer focus on developing mobile apps for equipment performance analysis and remote diagnostic services will accelerate automation trends in the Blast Chillers Market over the forecast period.
Porter’s Analysis
Threat of new entrants: Low capital requirements to manufacture blast chillers pose moderate threat of new entrants. However, presence of major established players create competitive pressures.
Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes and fragmented nature of industry with many players.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power driven by supplier base concentration in few regions and differentiated components used in manufacturing.
Threat of new substitutes: Moderate threat from substitutes like static chillers and alternative food preservation technologies.
Competitive rivalry: High due to presence of major players and differentiation in product quality, technology and service quality.
Geographical Regions
North America accounts for the major share of the global blast chillers market in terms value driven by well established foodservice industry and growing demand for convenient and hygienic preserved meals.
Asia Pacific is expected to be the fastest growing regional market propelled by rising middle class population, rapid urbanization, increasing number of commercial kitchens and strengthening food retail industry in developing countries like India and China.
*Note:
1. Source: Coherent Market Insights, Public Source, Desk Research
2. We have leveraged AI tools to mine information and compile it.
