Industrial Food And Beverage Filtration Systems Market size to increase by USD 2.16 billion during 2022-2027, global growth of the industrial food and beverage filtration system market- Technavio

NEW YORK, Oct. 25, 2023 /PRNewswire/ -- The industrial food and beverage filtration systems market size is expected to grow by USD 2.16 billion between 2022 and 2027. However, the growth momentum of the market will progress at a CAGR of 11.76% during the forecast period. The market is segmented by Product (Liquid filtration systems and Air filtration systems), Application (Beverages, Dairy, and Food and ingredients), and Geography (Europe, APAC, North America, South America, and Middle East and Africa).

The global growth of the industrial food and beverage filtration system market drives market growth. Contamination poses a significant issue in the food and beverage processing industry. Foodborne illnesses and other health issues result from microorganisms that are responsible for food and beverage product contamination. The report analyses the market size and growth and provides accurate predictions on the growth of the market. View a PDF Sample 

Key Highlights:

• The report recognizes the following as some of the key players in the industrial food and beverage filtration systems market: 3M Co., AJR Filtration Inc., Albert Handtmann Holding GmbH and Co. KG, Alfa Laval Corporate AB, American Air Filter Co. Inc., Camfil AB, Compositech Products Manufacturing Inc., Critical Process Filtration Inc., Donaldson Co. Inc., Eaton Corp. Plc, Filter Concept Pvt. Ltd., Freudenberg SE, GEA Group AG, Graver Technologies LLC, KRONES AG, MORI TEM srl, Mott Corp., Russell Finex Ltd., Schenck Process Holding GmbH, and Parker Hannifin Corp.
• Industrial Food and Beverage Filtration Systems Market is fragmented in nature.
• Market to observe 11.12% YOY growth in 2023.

Market Dynamics:

Trend

• The launch of new filtration systems is a primary trend in the industrial food and beverage filtration systems market.
• Several vendors in the market are innovating new products in order to gain a competitive edge in the market.
• For instance, Eaton's filtration division in EDEN PRAIRIE offers LOFTREX Nylon filter cartridges that comply with the US FDA 21CFR standards.
• These filers are ideal for use in the food and beverage industry. Hence, such product innovation is expected to drive market growth during the forecast period.

Challenge

• The increasing adoption of alternative methods challenges the industrial food and beverage filtration systems market.
• Industrial filtration systems are known to offer superior filtration quality and thus, some companies may opt for cost-effective and time-efficient substitutes.
• However, decanters and centrifuges are commonly used substitutes for industrial food and beverage filtration systems. 

The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing a report

Keg Segments:

By product, the liquid filtration systems segment will be significant during the forecast period. One of the main applications of liquid filtration systems is the removal of large particles and sediment from food and beverage products. Hence, the filtration process is an essential aspect of the processing of food and beverage products which is expected to drive the market growth during the forecast period. Get a glance at the market contribution of the segments, Request a Sample Report

The organic food and beverages market is estimated to grow at a CAGR of 15.85% between 2022 and 2027. The size of the market is forecast to increase by USD 310.08 billion.

The food and beverage warehousing market size is estimated to grow at a CAGR of 18.76% between 2022 and 2027 and the size of the market is forecast to increase by USD 366.29 billion.

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Application

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio