Food And Beverage Market 2024 – Size, Trends, Growth Analysis, Outlook, Overview By 2033

Overview and Scope

Food and beverage industrial pump refers to a machine that transforms the mechanical energy that is absorbed from an electric, thermal, or another kind of motor, and transfers it to a fluid as hydraulic energy. The food and beverage industry pumps are used to transfer, mix semi-fluid, and dose fluid substances in processing and production applications. Industrial pumps are necessary while handling liquids with high viscosities during food products such as soups, creams, syrups, yogurt, flavors, chocolates, and pastes. Pumps for food processing are manufactured from food-grade materials and have smooth surfaces to prevent contamination from food and bacteria buildup.

Sizing and Forecast

The food and beverage industry pumps market size has grown strongly in recent years. It will grow from $10.01  billion in 2023 to $10.77  billion in 2024 at a compound annual growth rate (CAGR) of 7.6%.  The  growth in the historic period can be attributed to increased global population and consumer demand for processed foods, growth in food and beverage processing and manufacturing industries, stringent hygiene and sanitary standards in food production, regulatory compliance and food safety requirements, expansion of beverage production, including soft drinks and alcoholic beverages.

The food and beverage industry pumps market size is expected to see strong growth in the next few years. It will grow to $14.41  billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.  The growth in the forecast period can be attributed to adoption of hygienic and aseptic pumping solutions, demand for sustainable and energy-efficient pumping systems, customization of pumps for specialized food processing applications, integration of smart pumping technologies for process optimization, focus on clean-in-place (cip) and sterilization-in-place (sip) systems. Major trends in the forecast period include sanitary and hygienic pump designs, positive displacement pumps for viscous and shear-sensitive products, aseptic pumping solutions for sterile processing, smart pumping systems with iot integration, high-capacity pumps for beverage production.

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Segmentation & Regional Insights

 The food and beverage industry pumps market covered in this report is segmented –

1) By Type: Pumps, Agitators, Mixers, Compressors

2) By Flow: Less Than 10 Liters Per Second, 10-100 Liters Per Second, More Than 100 Liters Per Second

3) By Degree of Engineering: Engineered, Configured, Standard

4) By Pressure: Below 15 Bars, 15-30 Bars, Above 30 Bars

5) By Application: Alcoholic Beverages, Non-Alcoholic Beverages, Dairy And Chocolate Products, Fruits And Vegetables, Sugar, Starch, And Sweeteners, Bakery And Confectionery, Meat And Poultry

Top Major Players:
Alfa Laval AB
Amixon GmbH
Ampco Pumps Company
Lewa GmbH
PCM Companies

Western Europe was the largest region in the food and beverage industry pumps market in 2023.

Western Europe was the largest region in the food and beverage industry pumps market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food and beverage industry pumps market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth

Increasing demand for meat and poultry is expected to propel the growth of the food and beverage industry pumps market going forward. A meat product contains flesh from animals such as cattle, buffalo, goats, sheep, pigs, and fowl and is designed for human consumption, whereas poultry refers to avian species that can be grown for meat, eggs, and feathers. Food and beverage industry pumps help meat and poultry to support in different stages of the production process such as transporting meat for final consumption to the processing of by-products, including skin, intestines, feathers, heads, blood, and other parts that may require maceration and waste extraction. For instance, according to Food and Agriculture Organization, a Canada-based specialized agency of the United Nations, global meat production is projected to expand by 44 Mt by 2030, reaching 373 Mt based on higher profitability. Further, poultry meat is expected to share 41% of all the protein from meat sources in 2030. Therefore, increasing demand for meat and poultry products is driving the growth of the food and beverage industry pumps market.

Key Industry Players

Major companies operating in the food and beverage industry pumps market include  Alfa Laval AB, Amixon GmbH, Ampco Pumps Company, Lewa GmbH, PCM Companies, Fristam Pumpen KG, SPX Flow Inc., GEA Group AG, Grundfos Holding A/S, Xylem Inc., Sulzer Ltd., KSB SE & Co. KGaA, ITT Inc., Watson-Marlow Fluid Technology Group, Tapflo Group, Verder International B.V., Netzsch Pumpen & Systeme GmbH, Viking Pump Inc., PSG Dover, IDEX Corporation, Flowserve Corporation, Gardner Denver Holdings Inc., Ingersoll Rand Inc., Atlas Copco AB, Busch Vacuum Solutions, Edwards Vacuum, Leybold GmbH, Pfeiffer Vacuum GmbH, Oerlikon Leybold Vacuum GmbH, Ebara Corporation, Tuthill Corporation

The food and beverage industry pumps market report table of contents includes:

1. Executive Summary
2. Food And Beverage Industry Pumps Market Characteristics
3. Food And Beverage Industry Pumps Market Trends And Strategies
4. Food And Beverage Industry Pumps Market – Macro Economic Scenario
5. Global Food And Beverage Industry Pumps Market Size and Growth
…
31. Global Food And Beverage Industry Pumps Market Competitive Benchmarking
32. Global Food And Beverage Industry Pumps Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Food And Beverage Industry Pumps Market
34.Food And Beverage Industry Pumps Market Future Outlook and Potential Analysis
35.Appendix

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