Global Food and Beverage Industry Pumps Market Size study, By Type (Pumps, Agitators, Mixers, Compressors, Rotary Lobe, Progressive Cavity, Screw, Other Types), by Application (Alcoholic Beverages, Non-Alcoholic Beverages, Dairy & Chocolate Products, Frui

Global Food and Beverage Industry Pumps Market Size study, By Type (Pumps, Agitators, Mixers, Compressors, Rotary Lobe, Progressive Cavity, Screw, Other Types), by Application (Alcoholic Beverages, Non-Alcoholic Beverages, Dairy & Chocolate Products, Fruits & Vegetables, Sugar, Starch & Sweeteners, Meat & Poultry, Bakery & Confectionery),by Degree of Engineering (Engineered, Configured, Standard), by Flow (Less than 10 liters per second, 10-100 liters per second, More than 100 liters per second) , by Pressure (Below 15 bar, 15-30 bar, Above 30 bar), and Regional Forecasts 2022-2028

Global Food and Beverage Industry Pumps Market is valued at approximately USD 9.4 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.3%over the forecast period 2022-2028. Food producers are placing more of a concentrate on high production, quick turnaround, and low costs of production. Integrating cutting-edge pump techniques enables this. The form of the food material being processed has a significant impact on the type of pumps used, as some food and beverage industry pumps are better suited for one form over another. Meat consumption and production remain high, particularly in developed countries. Demand for meat and poultry products is expected to rise in developed countries such as the United States, owing to factors such as lower beef, pork, and poultry prices, a greater emphasis on improving quality, shelf life and safety of meat products and rising per capita meat consumption. Because of the growing meat and poultry industries, meat and poultry-related pumps are expected to offer significant potential. The year 2018 ""is expected to present a good perspective for the pork industry as the number of pork processing plants is expected to expand, which is expected to drive pork output further,"" according to a USDA Economic Research Service article on Food Price Outlook, 2018. SIG, a leading solution and system provider for aseptic packaging, will collaborate with SPX to open a technology centre at the Dubai Silicon Oasis in November 2021. Alfa Laval acquired LiftUP in Norway in October 2021. This acquisition aided in the expansion of Alfa Laval's aquaculture portfolio. However,cavitation effect in industrial pumps is expected to hamper the market growth.

The key regions considered for the global Food and Beverage Industry Pumps market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe accounted for a significant market share during the forecast period due to the established processed food & beverage industry. Asia Pacific is the dominant food and beverage market, and it is expected to be the largest for food and bevserage industry pumps. Rising income and purchasing power, rapid middle-class population growth, and rising consumer demand for processed foods all point to promising prospects for growth and diversification in the region's food sector.

Major market players included in this report are:
Alfa Laval
FristamPumpen Kg (Gmbh& Co.)
SPX Flow (US), GEA Group
Grundfos
ITT Inc
AMPCO Pumps Company
JBT Corporation
KSB Se & Co.
Pentair
Atlas Copco

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Pumps
Rotary Lobe
Progressive Cavity
Screw
Mixers
Agitators
Compressors
Other Types1
By Application:
Alcoholic Beverages
Non-Alcoholic Beverages
Dairy & Chocolate Products
Fruits & Vegetables
Sugar, Starch, & Sweeteners
Bakery & Confectionery
Meat & Poultry

By Degree of Engineering:
Engineered
Configured
Standard
By Flow:
Less than 10 liters per second
10-100 liters per second
More than 100 liters per second
By Pressure:
Below 15 bar
15-30 bar
Above 30 bar

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Food and Beverage Industry Pumps Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Alfa Laval
FristamPumpen Kg (Gmbh& Co.)
SPX Flow (US), GEA Group
Grundfos
ITT Inc
AMPCO Pumps Company
JBT Corporation
KSB Se & Co.
Pentair
Atlas Copco

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