Global Optical Sorter Market Report 2022: Opportunities in the Increasing Adoption in the Food Industry for Food Processing Activities
DUBLIN, June 29, 2022 /PRNewswire/ -- The "Global Optical Sorter Market with COVID-19 Impact Analysis, by Type (Cameras, NIR, Lasers, Hyperspectral Cameras & Combined Sorters, Other types), Platform (Freefall, Belt, Lane, and Hybrid), Application and Geography - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The optical sorter market is expected to grow from USD 2.6 billion in 2022 to USD 4.1 billion by 2027, at a CAGR of 9.9% during the forecast period. Increasing adoption in the food industry for food processing activities and for reducing process and delivery time is expected to drive the optical sorter market and to promote new revenue opportunities for optical sorter manufacturers. Owing to the growing demand for food products across the globe, the food industry is increasingly focusing on reducing process and delivery times.
Market for belt platform for camera type optical sorters is expected to grow at higher CAGR during the forecast period
Vegetables & fruits sub-application is expected to dominate the optical sorter market for food application throughout the forecast period
Vegetables & fruits sub-application is expected to dominate the optical sorter market for food application throughout the forecast period. According to Knoema data source, in 2020, the total Asian vegetable production was 990,043,085 tons whereas the total Asian fruit production was registered to be 568,539,336 tons. The vegetables & fruits production in Asia increased at a 2.08% annual rate in 2020.
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SOURCE Research and Markets