Efficiency in Motion: Exploring Technological Advances in F&B Industry Pumps
Efficiency in Motion: Exploring Technological Advances in F&B Industry Pumps
Blog Article
According to Transparency Market Research's latest report on the global food & beverages industry pumps market for the historical period 2018-2019 and the forecast period 2020-2030, increased focus on production efficiency, processing time, and quality of food products are expected to boost the global market during the forecast period. In terms of revenue, the global market is estimated to exceed a value of US$ 6.7 Bn by 2030, expanding at a CAGR of ~5%.
Access important conclusions and data points from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=80160
Rising Demand for Meat, Poultry, Dairy, Bakery, and Confectionery Products: A Key Driver
Meat, dairy, bakery, and confectionery product units are major applications of food & beverages industry pumps. The growing consumption of protein-based food products, frozen meat, and fruits & vegetables, along with the preference for healthy food products in developed countries, drives the demand for higher food production. This, in turn, drives the demand for food & beverages industry pumps.
Increased Focus on Production Efficiency, Processing Time, and Quality of Food Products
End-product manufacturers are focusing on increasing their production efficiency due to rising costs of raw materials, labor, and energy. This focus is necessary to reduce food & beverages wastage during processing and ensure efficient utilization of raw materials. Manufacturers also aim to reduce energy consumption and opt for renewable energy to cut production costs and increase profitability. Suppliers are introducing new food & beverages industry pumps that employ technologies such as volumetric and hygienic pumps for processing.
Latest pumps offer better efficiency over traditional pumps, which are restricted to certain operating environments. This development has encouraged equipment manufacturers to design and produce more efficient and effective food & beverages industry pumps that offer flexibility in terms of capacity expansion, increasing movability, and better control over processing.
Competition Landscape
Detailed profiles of providers of food & beverages industry pumps have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies. Key players operating in the global market include Alfa Laval AB, Ampco Pumps Company Inc., BJM Pumps, LLC, Bominox, S.A., Charles Austen Pumps Ltd., Grundfos Holding A/S, Hammelmann GmbH, KSB SE & Co. KGaA, LEWA GmbH, PCM S.A., Pentair Plc., Tops Industry & Technology Co., Ltd., Verder International B.V., Pumpenfabrik Wangen GmbH, and Wastecorp Pumps.
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