Global Hygienic Pumps and Valves Market Size, Share & Trends Analysis Report By End-user, By Region, and Segment Forecasts, 2023 - 2030
Global Hygienic Pumps and Valves Market Size, Share & Trends Analysis Report By End-user, By Region, and Segment Forecasts, 2023 – 2030
Global Hygienic Pumps and Valves Market was valued US$ 2.3 billion in 2022 and is expected to reach US$ 3.1 billion by 2032, growing at a CAGR of 3.7% during the forecast period 2023-2032.
The market for sanitary pumps and valves is anticipated to grow as a result of rising consumer demand for dairy products. Mammal milk is the source of several dietary items that are referred to as dairy products. Hygienic pumps and valves are essential to the manufacturing of different dairy products because they efficiently control pressure and flow in pumping systems. For example, according to data from the United States Department of Agriculture (USDA), a federal executive agency in charge of creating and carrying out laws, the country produced 226 billion pounds of milk annually in 2021—a 1.3% increase from the year before. This huge increase in milk production highlights the rising demand for dairy products, which in turn drives the market for sanitary pumps and valves.
Numerous causes, including the world's population growth, which raises the number of prospective dairy product consumers, can be related to the increased demand for dairy products. Naturally, there is a growing demand for dairy products generally as more people enter the market. Dietary patterns are known to change with urbanisation. People's diets frequently change as they relocate to cities, generally incorporating more dairy products. High rates of urbanisation in emerging economies make this trend more noteworthy. A wider range of commodities, particularly dairy products, are now more affordable for consumers due to rising income levels and increased wealth in many regions of the world. People are more inclined to include dairy products in their diets as their discretionary income increases. Vitamins, calcium, and protein are just a few of the vital nutrients found in dairy products. Because they are frequently regarded as an essential component of a balanced diet, customers who are concerned about their health are driving demand for these items. The dairy sector has expanded the variety of products it offers, going beyond just conventional milk. This comprises dairy-based snacks and drinks such as yoghurt, cheese, and butter. Diverse product offerings appeal to a wider range of customers.
Plant-based milk and dairy-free products are becoming more popular as a result of shifting consumer tastes and nutritional trends, such as the adoption of vegetarian and flexitarian diets. However, there is still a market for conventional dairy products. The distribution of dairy products around the world has been made easier by international trade. Dairy products have become more widely available in areas where they were previously less frequent due to export and import activity. Dairy products are increasingly being used as ingredients in a wider range of food processing applications. Demand is further increased by the fact that dairy products are utilised in the creation of numerous processed foods, such as baked goods and confections. The promotion of dairy products by dairy producers and awareness campaigns about their nutritional advantages have led to higher consumption.
“Pharma segment, by application, to be dominating market from 2023 to 2030.”
The global Hygienic Pumps and Valves Market comprise major segments such as pharma, food, cosmetics and other applications. In the processed food sector, where regulatory agencies like the US Department of Agriculture (USDA) and the Food and Drug Administration (FDA) enforce stringent standards, maintaining cleanliness is critical. These regulatory bodies set strict guidelines to guarantee food items' safety, nutritional value, and defence against contamination and misbranding. The FDA reports that there are a startling 600 million cases of foodborne diseases in the US alone each year, most of which are brought on by eating contaminated food. As a result, it is crucial to maintain strict hygienic guidelines and supply clients nutritious and safe processed foods. Achieving strong quality control and implementing efficient food safety protocols are essential for maintaining public health, improving general welfare, and stimulating economic growth. In the processed food business, the need for hygienic valves and pumps is driven by the necessity to maintain the highest standards of hygiene and product quality. Growing urbanisation, changing dietary choices of consumers, growing living standards in developing countries, and an expanding worldwide population are all driving forces behind the processed food industry. In order to ensure the safety and quality of their food products, manufacturers of processed foods are required by governments around the world to comply with strict safety requirements. In the processed food business, sanitary pumps and valves are used to maximise operating effectiveness while simultaneously satisfying strict hygiene regulations. Hygienic valves must also be incorporated into pipelines due to the industry's requirement for sanitary and leak-proof containers. Hygienic pumps and valves are used in a variety of activities in food processing facilities, including machine control, filling operations, cleaning and rinsing, mixing, Clean-in-Place (CIP) procedures, filling operations, overall factory solutions, and food safety and compliance regulations.
“Asia Pacific to be fastest region in Hygienic Pumps and Valves Market.”
The encephalitis treatment market is segmented into four regions: North America, Europe, Asia-Pacific, and Others. Others are split up into South America and the Middle East.
Between 2023 and 2028, the Asia Pacific area is expected to grow at the largest Compound Annual Growth Rate (CAGR). China's economy is one of the biggest and fastest-growing in this region. With a large number of medium-sized manufacturers operating inside its borders, China is a leading producer and supplier of sanitary pumps and valves. As a result, China becomes the world's top manufacturer and supplier of parts for sanitary pumps and valves. The nation has a strong industrial base, with important industries like chemicals and processed foods dominating the industrial scene. In addition, the nation's economy benefits greatly from sectors including dairy, alcoholic beverages, and pharmaceuticals.
These sectors require extensive fluid flow, pressure, and level control and monitoring systems, which calls for the use of sanitary pumps and valves. China's growing population and the fast growth of the processed food and dairy industries are the main factors driving the country's rising demand for sanitary pumps and valves.
Hygienic Pumps and Valves Competitive Landscape
The competitive landscape of the Hygienic Pumps and Valves Market involves assessing the competitive landscape to understand the strengths, weaknesses, opportunities, and threats of the industry. Key industry players have recognized that the adoption of Hygienic Pumps and Valves technology holds the potential for further growth. The growing desire among producers to optimize their production costs has spurred collaborative efforts among companies to scale up their production capacity. This strategic collaboration not only aims to increase revenue but also seeks to establish dominance in the market.
The Hygienic Pumps and Valves Market is highly competitive, with numerous companies vying for market share. Prominent companies in the Hygienic Pumps and Valves Market include:
Major Players:
Alfa Laval
SPX FLOW, Inc.
Others
Recent Developments:
The ThinkTop V20, Alfa Laval's most recent invention and the next generation of hygienic valve indicator devices, was unveiled in March 2023. This state-of-the-art device, which offers time and cost benefits in areas like installation, commissioning, operation, and maintenance, is well-positioned to spearhead the digital transformation of process industries.
GEA Group Aktiengesellschaft introduced the GEA Hilge CONTRA III in June 2021, a product that is specifically tailored to the needs of the food, beverage, and dairy industries. With the advent of this model, GEA's selection of centrifugal pumps has grown to include a greater range of applications and a maximum flow rate of 100 cubic meters per hour.
The BLV1 Series, the newest line of ball valves from SPX FLOW, Inc. under the APV brand, was introduced in July 2020. These recently released ball valves provide affordable, long-lasting solutions for a range of applications, including non-hygienic ones.