Membrane Technology for Food and Beverage Processing: Global Markets
The global market for membranes for food and beverage processing was worth more than $4.0 billion in 2014. The market was expected to reach $4.2 billion in 2015 and $5.8 billion by 2020, increasing at a compound annual growth rate (CAGR) of 6.7% from 2015 through 2020.
- An overview of the global markets for membrane technologies for food and beverage processing
- Analyses of U.S. as well as international market trends, with data from 2014, 2015, and CAGRs through 2020
- Breakdowns and forecasts of the market by technology, by type, and by end user application
- A look at a variety of media filters and other separation and purification methods including centrifugation, adsorption, evaporation, distillation, pasteurization and ion exchange
- Analyses and predictions for emerging applications in the industry
- Detailed coverage of the industry structure, trends, pricing considerations, R&D, government regulations, and competitive technologies
- Profiles of major players in the industry
The scope of this report is broad and covers many applications of membrane technologies used in the food and beverage industry globally. The market is broken down into major food and beverage product types, regions and technology types. Revenue forecasts from 2015 through 2020 are given for each major type of membrane technology used in the food and beverage industry, including regional revenue shares. The global market for membrane technologies for food processing is expected to have increased from nearly $4 billion in 2014 to $4.2 billion in 2015 at a year-on-year growth rate of 6.5%. Going forward, the market is expected to grow at a five-year CAGR (2015 to 2020) of 6.7% to reach nearly $5.8 billion in 2020.
The report also includes a discussion of the major players in each of the regional markets and explains the major global drivers, the current trends, major challenges and the regional dynamics of the market. The report concludes with a special focus on the supplier landscape. It includes detailed profiles of the major vendors of membrane technologies to the food and beverage industry globally and discusses the market shares of the major players by region.
Aneesh Kumar has been a project manager and partner with BizImpact Knowledge Services, LLP, a market research and services company primarily focused on opportunities in science and technology, since 2011. Kumar manages a team focused on global market research projects, primary interviews and market forecasting. He holds a BBA from the Institute of Chartered Financial Analysts of India and is a member of the Indo-German Chambers of Commerce.
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Worth an estimated market value of $185 million in 2006, membrane sales to food and beverage processors is forecast to rise at an average annual growth rate (AAGR) of about 4.6% during the next 5 years, reaching $230 million
Wastewater treatment will continue to be the primary pollution prevention focus for food and beverage processors. But, another industry trend for minimizing waste and improving the bottom line is converting food byproducts to value-added products. Many conversion activities offer opportunities for membranes: transforming salts in waste to useful acids and bases, recovering blood proteins from slaughterhouse wastes, or fermentating corn starch to ethanol, corn oil and other corn co-products.
Competitive technologies in food and beverage processing include a variety of media filters and other separation and purification methods including centrifugation, adsorption, evaporation, distillation, pasteurization and ion exchange.