The Food Vacuum Machine Market size is valued at USD 13,254.2 million in 2021 and is expected to grow at a significant CAGR of 5.2% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Food Vacuum Machine Market and that can be segmented By Machinery Type, Packaging, Process, Application, End User, and Region. By machinery type, the food vacuum machine market has been segmented into External Vacuum Sealers, Chamber Vacuum Machines, Tray Sealing Machines, and Other Machinery Types. The external vacuum sealers segment is likely to be the largest and fastest-growing segment in terms of machinery type. Based on packaging, the food vacuum machine market is segmented into Flexible, Rigid and Semi-Rigid. Among these, the flexible segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on process, the food vacuum machine market is segmented into Skin, Shrink, Traditional Methods. Skin is expected to dominate the market in the future. Based on Application, the market has been segmented into Bakery & Confectionery Products, Beverages, Meat & Seafood, Snacks & Savories, Convince Food, Dairy & Frozen Desserts, Fruits & Vegetables, Prepared Food, Sauces, Dressings, Spices, And Condiments, Others. Bakery & Confectionery Products segment expected to grow at the highest CAGR over the forecast years. Based on the end-user, the market has been segregated into Industrial, Commercial, Domestic, Others. The Industrial segment is to dominate other segments in the food vacuum machine market according to Precision Business Insights.
In November 2019, Ulma Packaging (Spain) invested nearly 5 million euros to complete its expansion of a tray sealing plant in Onati, Spain, after its recent expansion. This new plant will help the company to increase its production capacity.