NEW YORK, Feb. 25, 2016 /PRNewswire/ -- This BCC Research report provides an up-to-date analysis of recent developments and current trends in the global market for applications of membrane technologies in the food and beverage industry. Forecast period given for the period 2015-2020.
Use this report to:
Analyze recent developments and current trends in the global market for applications of membrane technologies in the food and beverage industry.
Quantify the projected impact of both internal and external forces that are affecting the global market for membrane technologies used in the food and beverage industry.
Learn about the patents on membrane technologies used based upon their function and application.
The global market for membranes for food and beverage processing was worth more than $4.0 billion in 2014. The market was expected to reach $4.2 billion in 2015 and $5.8 billion by 2020, increasing at a compound annual growth rate (CAGR) of 6.7% from 2015 through 2020.
Microfiltration as a segment of this market is expected to grow from nearly $1.6 billion in 2015 to $2.2 billion in 2020 at a CAGR of 6.9% for the period 2015-2020.
Reverse osmosis as a segment of this market will grow from $903.9 million in 2015 to nearly $1.3 billion at a CAGR of 6.8% for the period 2015-2020.
The global market for membrane technologies used in the food and beverage industry has been increasing at a compound annual growth rate (CAGR) of 6.7% between 2015 and 2020, driven by the filtration process for food and beverage products. The market is primarily driven by Asia-Pacific, North America and Europe.
Filtration methods used in the food and beverage processing industry include reverse osmosis (RO), nanofiltration (NF), ultrafiltration (UF) and microfiltration (MF).
Membrane technologies used by the food and beverage processing industry include, for example, cross flow membrane technology and hollow membrane technology.
These membranes are configured in many different ways. The open feed channel configuration includes tubular and hollow-fiber membranes, and the narrow feed channel configuration includes spiral or flat sheet membranes. Flat sheet membranes are mostly used in reverse osmosis and nanofiltration. Tubular membranes are used in
industrial microfiltration, whereas hollow fiber membranes are used in microfiltration and ultrafiltration.
Some of the key participants in the market for membranes technologies include Aquamarijn Micro Filtration BV, fluXXion BV, Polymem, Siemens, 3M Membranes, Donaldson Co. Inc., Dow Liquid Separations/Filmtec Corp., GE Water Treatment & Process Technologies, Graver Technologies, Koch Membranes Systems Inc., Meissner
Filtration Products Inc., Pore technology Inc., Xylem, Hyflux Ltd., Asahi Kasei Corp., Mitsubishi Rayon co. Ltd. and Toray industries Inc.
Asia-Pacific accounts for the highest market share of the global market followed by North America and Europe. Increasing application of membrane technologies in the food and beverage industry for liquid-solid milk separation, concentration of whey proteins, clarification, concentration, fractionation, desalting and purification of
different beverages are driving the membrane technological market.
This report also highlights the supplier landscape with a focus on profiles of major companies.
STUDY GOALS AND OBJECTIVES
The goal of this report is to provide an up-to-date analysis of recent developments and current trends in the global market for applications of membrane technologies in the food and beverage industry. Identifying significant drivers of revenue growth is an additional aim. The objective of this type of systematic research is to quantify the projected impact of both internal and external forces that are affecting the global market for membrane technologies used in the food and beverage industry and their impact on the industry over the forecast period of 2015 to 2020.
REASONS FOR DOING THE STUDY
Rapidly growing emerging economies, which are mainly China and India in terms of both economy and population, have significantly increased the demand for membrane technologies in the food and beverage industry over the past 10 years. In addition, with the increased number of start-up and small companies in the Asia-Pacific region the production and installation of membrane technologies in the food and beverage
industry is increasing with the establishment of new manufacturing facilities.
SCOPE OF REPORT
The scope of this report is broad and covers many applications of membrane technologies used in the food and beverage industry globally. The market is broken down into major food and beverage product types, regions and technology types.
Revenue forecasts from 2015 through 2020 are given for each major type of membrane technology used in the food and beverage industry, including regional revenue shares. The global market for membrane technologies for food processing is expected to have increased from nearly $4 billion in 2014 to $4.2 billion in 2015 at a year-on-year growth rate of 6.5%. Going forward, the market is expected to grow at a five-year CAGR (2015 to 2020) of 6.7% to reach nearly $5.8 billion in 2020.
The report also includes a discussion of the major players in each of the regional markets and explains the major global drivers, the current trends, major challenges and the regional dynamics of the market. The report concludes with a special focus on the supplier landscape. It includes detailed profiles of the major vendors of membrane technologies to the food and beverage industry globally and discusses the market shares of the major players by region.
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