Hygienic and Aseptic Valves Market Growth, Share, Demand and Analysis of Key Players to 2024
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Market Research observes that the competitive landscape in the global
hygienic and aseptic valves market has quite a few leading players.
Currently the players are focusing on expanding their business in
emerging markets to cater to the huge potential in the developing
regions. “Furthermore, companies are also looking at providing
solutions to sectors such as biotechnology and pharmaceuticals to
strengthen their market position,” states the lead author of this
research report. Some of the key players operating in the global
market are Alfa Laval AB, SOX Flow, Inc., ITT Corporation, GEA Group
AG, and Pentair Plc.
Report
Overview :
The
research report states that the global hygienic and aseptic valves
market is expected to be worth US$9.0 bn by the end of 2025 as
compared to US$6.0 bn in 2015. The market is expected to show
progress of 4.8% CAGR during the forecast period.
Hygienic
Single Seat Valves Show Robust Growth Rate as Companies Comply to
Sanitation Norms
On
the basis of types of valves, the global market is segmented into
hygienic single seat valves, hygienic double seat valves, hygienic
butterfly valves, hygienic control valves, and aseptic valves. Of
these, the hygienic single seat valves are expected to outperform all
other segments. By the end of the forecast period, the segment is
expected to acquire a share of 26.0% in the global market. The
dominant share of this segment will be attributable to the ability of
these valves to meet the strict regulations pertaining to aseptic and
hygienic processes in industries such as pharmaceuticals, food and
beverages, and dairy. In terms of geography, North America is leading
the global market due to region’s continuous investment in
expanding manufacturing facilities. The region is expected to rise at
a CAGR of 7.1% between 2016 and 2025.
Automation
and Modernization of Production Processes Boosts Global Market
Analysts
state that the demand for hygienic and aseptic valves is likely to be
on the rise in the coming years. The demand is likely to be fueled by
the need to eliminate the usage of food preservatives in the food
industry. Presently, several fitness-conscious and health-conscious
people are focused toward reducing the consumption of food
preservatives due a growing awareness about their negative impact on
the human body. The majority of the processed food and beverages
includes preservatives that are hampering the natural metabolism of
the body. Thus, to cut down the usage of these harmful substances,
food manufacturers are deploying hygienic valves in several
industrial sectors.
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