Press release
Food & Beverage Industry Pumps Market Expected to Hit USD 17.47 Billion by 2034 | CAGR: 4.1%
The global food & beverage industry pumps market size was valued at USD 11.68 billion in 2024. It is anticipated to generate an estimated revenue of USD 17.47 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust CAGR of 4.1% over the forecasted timeframe, 2025-2034.
Market Overview
Pumps play a crucial role in the food processing industry, enabling the efficient transfer of liquids, semi-solids, and solids throughout various stages of production. Selecting the appropriate pump is essential, taking into account factors such as compliance with strict hygiene standards, adherence to FDA regulations governing food-grade equipment, and the overarching need to maintain rigorous food safety.
Gear pumps function by utilizing rotating gears to manoeuvre fluids through the pumps. These pumps are excessively dependable for managing sticky food materials such as syrup, chocolates, and oil without causing damage or changing their attributes. Piston pumps are excessively efficient in managing elevated pressure applications such as food pastes, sauces, and creams. They provide accurate control over flow rate optimization and are appropriate for metered dosing.
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Market Drivers
Growing Food & Beverage Processing Industry: The food and beverage processing industry is augmenting worldwide. As per the India Brand Equity Foundation, the food processing industry, grouped under the recorded manufacturing sector, engages roughly 1.93 million persons. Further, the unrecorded industry engages roughly 5.1 million workers. This augmentation causes an elevated requirement for dependable pumps that enhance production efficacy and meet the escalating proportion of packaged food, propelling the food & beverage industry pumps market forward.
Rising Awareness about Food Safety:
Rising consumer awareness regarding food safety and quality is putting increased pressure on manufacturers to maintain high standards throughout the production process. In the food and beverage industry, hygiene and contamination prevention are top priorities. As a result, pumps used in this sector are specifically designed with features that support strict sanitary requirements, ensuring the integrity and safety of food products at every stage of processing.
Food & Beverage Industry Pumps Market Report Highlights
• Based on application, the non-alcoholic beverages segment dominated the food & beverage industry pumps market in 2024 due to rising consumption of juices, energy drinks and other beverages.
• By type, the mixers segment is expected to witness significant growth during the forecast period driven by the rising demand for processed and ready-to-eat foods that require efficient mixing of ingredients.
• North America dominated the global market in 2024 due to its well-established food processing sector and advanced manufacturing infrastructure.
• The Asia Pacific food & beverage industry pumps market is expected to record highest CAGR during the forecast period, driven by population growth, urbanization, and changing food habits.
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Competitive Landscape
Prominent contenders in the market focus on augmenting their manufacturing spaces, R&D funding, infrastructural advancements, and supporting merger possibilities across the value chain. Some of the companies that are currently dominating the market are:
• Alfa Laval
• Atlas Copco
• Charles Austen Pumps
• GEA Group
• Graco Inc.
• Grundfos Holdings A/S
• JBT
• KSB SE & COKGAA
• PCM
• Roto Pumps Limited
• SPX Flow
• Verder Liquids
• Wastecorp Pumps
Geographical Landscape
The food & beverage industry pumps market report offers detailed insights into the market landscape, which is further categorized into sub-regions and specific countries.
North America accounted for the largest share in 2024 due to its entrenched food processing sector and progressive manufacturing infrastructure.
Asia Pacific is anticipated to have the highest CAGR during the forecast period due to population upsurge, urbanization and altering food habits.
• North America
o US
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
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Market Segmentation
Food & Beverage Industry Pumps Market, Type Outlook (Revenue - USD Billion, 2020-2034)
• Pumps
• Mixers
• Agitators
• Compressor
• Others
Food & Beverage Industry Pumps Market, Pressure Outlook (Revenue - USD Billion, 2020-2034)
• Below 15 Bars
• 15-30 Bars
• Above 30 Bars
Food & Beverage Industry Pumps Market, Flow Outlook (Revenue - USD Billion, 2020-2034)
• Less than 10 liter Per Second
• 10-100 liter Per Second
• More than 100 liter Per Second
Food & Beverage Industry Pumps Market, Application Outlook (Revenue - USD Billion, 2020-2034)
• Alcoholic Beverages
• Non-Alcoholic Beverages
• Dairy Products
• Fruits and Vegetables
• Bakery and Confectionary
• Others
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