Press release
Accelerating Growth in Food and Beverage Industry Pumps Market: Market Size, CAGR, Drivers, and Trends
Food And Beverage Industry Pumps Market
Global food and beverage industry pumps market is expected to grow from $10.69 billion in 2024 to $15.53 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%. The market growth is driven by factors such as increased consumer demand for processed foods, stringent hygiene standards, expansion of beverage production, and adoption of hygienic pumping solutions.
What Is The Projected Market Size Of The Global Food And Beverage Industry Pumps Market And Its Growth Rate?
o The market size has grown strongly in recent years. It will grow from $10.69 billion in 2024 to $11.47 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%.
o The market size is expected to see strong growth in the next few years. It will grow to $15.53 billion in 2029 at a compound annual growth rate (CAGR) of 7.9%.
What Is Driving The Growth In The Food And Beverage Industry Pumps Market?
The increasing demand for meat and poultry is expected to propel the growth of the food and beverage industry pumps market. Stages of production involving meat and poultry require these pumps for processes such as transporting meat for final consumption and the processing of by-products. According to the Food and Agriculture Organization, global meat production is projected to expand by 44 Mt by 2030, contributing to the growth of the food and beverage industry pumps market.
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Who Are the Key Players Driving Food And Beverage Industry Pumps Market Growth?
o Alfa Laval AB,
o Amixon GmbH,
o Ampco Pumps Company,
o Lewa GmbH,
o PCM Companies,
o Fristam Pumpen KG,
o SPX Flow Inc.,
o GEA Group AG,
o Grundfos Holding A/S,
o Xylem Inc.
What Are The Key Trends In The Food And Beverage Industry Pumps Market?
o Sanitary and hygienic pump designs
o Positive displacement pumps for viscous and shear-sensitive products
o Aseptic pumping solutions for sterile processing
o Smart pumping systems with IoT integration
o High-capacity pumps for beverage production.
What Are The Segments Of The Global Food And Beverage Industry Pumps Market?
o Pumps, Agitators, Mixers, Compressors
o Flow: Less Than 10 Liters Per Second, 10-100 Liters Per Second, More Than 100 Liters Per Second
o Degree of Engineering: Engineered, Configured, Standard
o Pressure: Below 15 Bars, 15-30 Bars, Above 30 Bars
o Application: Alcoholic Beverages, bakery and confectionery, Non-Alcoholic Beverages, Dairy And Chocolate Products, Fruits And Vegetables, Sugar, Starch, Sweeteners.
Which Region Leads The Food And Beverage Industry Pumps Market?
Western Europe was the largest region in the food and beverage industry pumps market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Food And Beverage Industry Pumps Market Global Market Report?
- Market Size Analysis: Analyze the Food And Beverage Industry Pumps Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Food And Beverage Industry Pumps Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Food And Beverage Industry Pumps Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Food And Beverage Industry Pumps Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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