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Food & Beverages Air Filters Market Size
- Report ID: GMI4867
- Published Date: Nov 2020
- Report Format: PDF
Food & Beverages Air Filters Market Size
Food & Beverage Air Filters Market size exceeded USD 980 million in 2019 and is estimated to register over 6.6% CAGR between 2020 and 2026. Increasing cases of food borne infections due to consumption of food products manufactured in unhealthy conditions to promote food & beverage air filters industry growth.
Increasing awareness regarding the need to prevent chronic health issues such as diabetes, heart problems, cholesterol and obesity is attracting consumer attention towards the consumption of food and beverage products manufactured under health environmental conditions. Increasing adoption of modern agricultural techniques involving the use of fertilizers and pesticides coupled with the increasing trend of organic farming is likely to raise concerns over safety and hygiene of food products manufactured, thus raising the demand for more efficient filtration solutions in the food & beverage industry.
The spread of food borne infections caused due to the consumption of contaminated food products manufactured in unhygienic conditions without the use of proper filtration systems may boost the growth of food & beverage air filters market. Increasing consumer preference towards the consumption of packaged healthy food products is likely to drive market share. The increasing awareness regarding the consumption of non-alcoholic beverages and organic fruit juices may escalate the product adoption.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Food & Beverages Air Filters Market Size in 2019: | 980.38 Million (USD) |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 6.6% |
| 2026 Value Projection: | 1.5 Billion (USD) |
| Historical Data for: | 2015 to 2019 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 194 |
| Segments covered: | Product, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Increased acceptance of advanced technologies such as high-pressure processing for manufacturing food products demand the use of highly effective equipment for filtration of bacteria, fungi and other particles being released in the food processing area, raising the product demand. Favorable regulations such as clean label and packaging requirements laid down by the Food and Drug Administration are encouraging food manufacturers to install air filters in their production facilities.
However, high cost of installation of few types of air filters and the high maintenance cost associated with it may restrict the growth of food and beverages air filters market to some extent during the forecast period. Moreover, installation of some air filters such as HEPA air filters may turn out to be an expensive affair for small and medium sized food and beverage manufacturers, which may reduce its adoption rate to some extent among food and beverage manufacturers.
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Food & Beverages Air Filters Market Scope
