Industrial Food and Beverages Filtration System Market size Expected to Reach $1.9 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Industrial Food and Beverages Filtration System Market," The industrial food and beverages filtration system market size was valued at $1.1 billion in 2021, and is estimated to reach $1.9 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.

Industrial filters for food and beverages safely and affordably eliminate contaminants, prolonging shelf life of consumables. These filters help to regulate odors, ambient temperatures, and humidity during the manufacturing process as well as to reduce contamination of consumable items that is transmitted by air and water. Filters also assist in maintaining continuous airflow throughout the process and catch even the smallest particles, which is expected to have a significant impact on the industrial food and beverages filtration system market in the future. 

Furthermore, to eliminate any potential risks of product contamination at manufacturing facilities, severe controls have only been enforced on the manufacture of foods & beverages. Air filtering is a crucial component of sanitary food and beverage processing systems. Contrarily, airborne germs pose a significant threat to food processors. Food and drink air filters assist in eliminating these dangerous germs, making the food safe to eat.

Manufacturers must be able to rely on contaminant removal technology to produce items that fulfil consumer demands for tastes and quality while successfully lowering the risk of illnesses or pollutants that pose a health concern to the general population. For instance, In January 2020, The Parker Filtration Innovation Center, a brand-new research and development center for filter membrane applications, which is being built near Columbia, Tennessee by Parker-Hannifin Corporation. The firm will be able to perform extensive research to enhance filtering systems in the food and beverage sector as a result of this expansion in capacity.

Region-wise, the global industrial food and beverages filtration system market share is analyzed conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America accounting for around 39.4% share of the global market has dominated the global industrial food & beverages filtration system market, in terms of revenue in 2021, owing to a rise in consumer awareness for preventing chronic health problems including heart disease, diabetes, obesity, and high cholesterol drives demand for industrial foods and beverages produced in a healthy environment. However, Asia- Pacific is expected to register the highest CAGR during the forecast period. This is attributed to rising in R&D investments in developing countries and a rise in government investments day by day in new hygiene and food safety programs.

However, during the COVID-19 pandemic, various manufacturers in the industrial food and beverages filtration system industry had to stop their business in countries such as China, the U.S., and India. This break directly impacted the sales of flooring companies. In addition, lack of manpower and raw materials also constricted the supply of equipment of industrial foods & beverage filtration systems, which negatively influenced the industrial food and beverages filtration system market growth. However, the reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to the re-opening of industrial food and beverage flirtations system companies.

Key Findings Of The Study

• The report provides an extensive analysis of the current and emerging global industrial food and beverages filtration system market trends and dynamics. 
• Depending on system type, the liquid filtration system segment has dominated the industrial food and beverages filtration system market, in terms of revenue in 2021, and the air filtration system is projected to grow at a significant CAGR during the forecast period.
• By product type, the basket centrifuge segment has registered the highest revenue in 2021.
• Asia-Pacific is projected to register the highest growth rate in the coming years.
• Key players within the global industrial food and beverages filtration system market are profiled in this report, and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the service robotics industry.
• The report provides an extensive analysis of the current trends and  and industrial food and beverages filtration system market opportunity strategies.
• In-depth global industrial food and beverages filtration system market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.