NEW YORK, Nov. 22, 2021 /PRNewswire/ -- The "Membrane Market for Food and Beverage Processing Industry by Filtration Process and Geography - Forecast and Analysis 2021-2025" report has been added to Technavio's offering.
The membrane market for food and beverage processing industry size is expected to increase by USD 2.14 billion, at a CAGR of 6.53% from 2020 to 2025.
Market Dynamics
Factors such as the increasing focus on reducing food contamination and compliance with standards and safety requirements will be crucial in driving the growth of the market. But the prevailing usage of alternate filtration technologies will restrict the market growth.
Stringent regulations related to the quality of food products will create new growth opportunities for market players. On the other hand, the increase in membrane replacements will challenge their growth.
Company Profiles
The membrane market for food and beverage processing industry report includes information on the product launches, sustainability, and prospects of leading vendors including 3M Co., Alfa Laval AB, DuPont de Nemours Inc., Filtration Group Corp., Koch Industries Inc., MANN+HUMMEL International GmbH and Co. KG, MEGA AS, Pentair Plc, SUEZ WTS USA Inc., and Toray Industries Inc.
Competitive Analysis
The report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation
The microfiltration segment generated maximum revenue in the market in 2020. The high demand for microfiltration membranes from the food and beverages industry is driving the growth of the segment. In terms of geography, Europe will have the largest share of the market. The region currently holds 37% of the global market share. The presence of a large number of dairy processing companies in countries such as Germany, the UK, Spain, France, Ireland, the Netherlands, and others will be crucial in driving the growth of the membrane market in Europe.
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Membrane Market for Food And Beverage Processing Industry Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.53% |
Market growth 2021-2025 |
USD 2.14 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.00 |
Regional analysis |
Europe, North America, APAC, MEA, and South America |
Performing market contribution |
Europe at 37% |
Key consumer countries |
US, China, Germany, France, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
3M Co., Alfa Laval AB, DuPont de Nemours Inc., Filtration Group Corp., Koch Industries Inc., MANN+HUMMEL International GmbH and Co. KG, MEGA AS, Pentair Plc, SUEZ WTS USA Inc., and Toray Industries Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
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SOURCE Technavio
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