The hygienic pumps and valves market is poised for significant growth, with an anticipated increase from USD 2.3 billion in 2023 to USD 2.8 billion by 2028, reflecting a steady CAGR of 3.7%.
These essential components find application across various industries, prominently in the food and beverage sector. Stringent hygiene standards mandated by industry associations drive the adoption of hygienic equipment, ensuring process control, optimizing production, and preventing product contamination. In the pharmaceutical domain, adherence to stringent hygiene standards throughout the manufacturing process is paramount to ensuring the purity, quality, and efficacy of pharmaceutical products, safeguarding patient safety.
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During the forecast period, the air-actuated operation mode is expected to witness the highest CAGR. Manual valve operation is labor-intensive and time-consuming, prompting manufacturers to shift focus towards automation for enhanced efficiency and productivity. Air-actuated hygienic valves, leveraging air pressure for movement, offer advantages over manual counterparts, driving their adoption across various industries.
The processed food industry is poised to command the largest market share, propelled by factors such as population growth, evolving consumer preferences, urbanization, and improving living standards. Compliance with stringent safety regulations necessitates the use of hygienic pumps and valves in food processing, ensuring optimal hygiene standards and product quality. These components find application in critical processes like cleaning, mixing, filling, and compliance with food safety standards.
Asia Pacific is slated to register the highest CAGR from 2023 to 2028, with China emerging as a key player in the region. Boasting one of the world's largest and fastest-growing economies, China hosts numerous manufacturers of hygienic pumps and valves, catering to diverse industries. The burgeoning processed food and dairy sectors, alongside robust industrial infrastructure, fuel the demand for these components in the region.
Key Market Players:
Leading players in the hygienic pumps and valves segment include Alfa Laval, GEA Group Aktiengesellschaft, SPX FLOW, Inc., Emerson Electric Co., Spirax-Sarco Engineering plc, Flowserve Corporation, ITT Inc., KSB SE & Co. KGaA, Christian Bürkert GmbH & Co. KG, GEMÜ Group, and SAMSON AG, among others. These companies leverage a combination of organic and inorganic growth strategies to fortify their market presence and drive innovation in hygienic pump and valve technologies.