Food And Beverage Industry Pumps Market 2024-2033: Global Outlook, Business Statistics, Latest Trends And Major Players

"The new report published by The Business Research Company, titled ""Food And Beverage Industry Pumps Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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%.

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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.

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.

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

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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

Contents of the report:
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

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