Food And Beverage Industry Pumps Global Market Report 2024 by The Business Research Company | Alfa Laval AB, Amixon GmbH, Ampco Pumps Company, Lewa GmbH, PCM Companies, Fristam Pumpen KG, SPX Flow Inc., GEA Group AG, Grundfos Holding A/S, Xylem Inc., Sulz

The food and beverage industry pumps market size has grown strongly in recent years. It will grow from $10.01 billion in 2023 to $10.77 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increased global population and consumer demand for processed foods, growth in food and beverage processing and manufacturing industries, stringent hygiene and sanitary standards in food production, regulatory compliance and food safety requirements, expansion of beverage production, including soft drinks and alcoholic beverages.

The food and beverage industry pumps market size is expected to see strong growth in the next few years. It will grow to $14.41 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to adoption of hygienic and aseptic pumping solutions, demand for sustainable and energy-efficient pumping systems, customization of pumps for specialized food processing applications, integration of smart pumping technologies for process optimization, focus on clean-in-place (cip) and sterilization-in-place (sip) systems. Major trends in the forecast period include sanitary and hygienic pump designs, positive displacement pumps for viscous and shear-sensitive products, aseptic pumping solutions for sterile processing, smart pumping systems with iot integration, high-capacity pumps for beverage production.

Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=7296&type=smp

Food And Beverage Industry Pumps Market Major Segments
The food and beverage industry pumps market covered in this report is segmented -

1) By Type: Pumps, Agitators, Mixers, Compressors
2) By Flow: Less Than 10 Liters Per Second, 10-100 Liters Per Second, More Than 100 Liters Per Second
3) By Degree of Engineering: Engineered, Configured, Standard
4) By Pressure: Below 15 Bars, 15-30 Bars, Above 30 Bars
5) By Application: Alcoholic Beverages, Non-Alcoholic Beverages, Dairy And Chocolate Products, Fruits And Vegetables, Sugar, Starch, And Sweeteners, Bakery And Confectionery, Meat And Poultry

Key Driver - Meat And Poultry Industry's Impact On The Food And Beverage Pumps Market

Increasing demand for meat and poultry is expected to propel the growth of the food and beverage industry pumps market going forward. A meat product contains flesh from animals such as cattle, buffalo, goats, sheep, pigs, and fowl and is designed for human consumption, whereas poultry refers to avian species that can be grown for meat, eggs, and feathers. Food and beverage industry pumps help meat and poultry to support in different stages of the production process such as transporting meat for final consumption to the processing of by-products, including skin, intestines, feathers, heads, blood, and other parts that may require maceration and waste extraction. For instance, according to Food and Agriculture Organization, a Canada-based specialized agency of the United Nations, global meat production is projected to expand by 44 Mt by 2030, reaching 373 Mt based on higher profitability. Further, poultry meat is expected to share 41% of all the protein from meat sources in 2030. Therefore, increasing demand for meat and poultry products is driving the growth of the food and beverage industry pumps market.

Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=7296&type=smp

Prominent Trend - Product Innovations Driving Growth In The Food And Beverage Industry Pumps Market

Product innovations are a key trend gaining popularity in the foods and beverages industry pumps market. Major companies operating in the food and beverages industry pump to strengthen their position in the market. For instance, in June 2021, Alfa Laval, a Sweden-based manufacturer of food and beverages industry pumps products launched Alfa Laval DuraCirc, which is the first circumferential piston pump that offers improved efficiency, reliable operation, and hygienic access in processes involved in the food and beverage industry.

Food And Beverage Industry Pumps Market Players
Major companies operating in the food and beverage industry pumps market include Alfa Laval AB, Amixon GmbH, Ampco Pumps Company, Lewa GmbH, PCM Companies, Fristam Pumpen KG, SPX Flow Inc., GEA Group AG, Grundfos Holding A/S, Xylem Inc., Sulzer Ltd., KSB SE & Co. KGaA, ITT Inc., Watson-Marlow Fluid Technology Group, Tapflo Group, Verder International B.V., Netzsch Pumpen & Systeme GmbH, Viking Pump Inc., PSG Dover, IDEX Corporation, Flowserve Corporation, Gardner Denver Holdings Inc., Ingersoll Rand Inc., Atlas Copco AB, Busch Vacuum Solutions, Edwards Vacuum, Leybold GmbH, Pfeiffer Vacuum GmbH, Oerlikon Leybold Vacuum GmbH, Ebara Corporation, Tuthill Corporation

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/food-and-beverage-industry-pumps-global-market-report

Largest And Fastest Growing Region In The Market
Western Europe was the largest region in the food and beverage industry pumps market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food and beverage industry pumps market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Food And Beverage Industry Pumps Market Report Structure
3. Food And Beverage Industry Pumps Market Trends And Strategies
4. Food And Beverage Industry Pumps Market - Macro Economic Scenario
5. Food And Beverage Industry Pumps Market Size And Growth
…..
27. Food And Beverage Industry Pumps Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.