pH Meters Market size is set to exceed USD 1.2 billion by 2028, according to a new research report by Global Market Insights Inc.
Favorable regulatory scenario in developed as well as developing economies coupled with technological advancements in pH meters across the industry are expected to drive market growth. Moreover, adoption of pH meter in the food & beverages industry to prevent foodborne pathogens with standard quality management is increasing. Such factors anticipated to drive the pH meters industry statistics.
Technological advancements integrated within pH meters will fuel the market progression
The advancement of technology has increased modifications and application of pH meters in the market. Digital pH meters, with their advanced features, aid in the reduction of measurement errors. These technologically advanced pH meters are widely used in industries such as food processing, agriculture, power generation, and water treatment, among others. For instance, in February 2022, PCE instruments launched its new pH meter, PCE-PH 30 pH meter with few features such as automatic temperature compensation and automatic electrode recognition. Such advancement increases the demand for pH meter.
In addition, rising number of research and testing laboratories or manufacturing facilities for testing products or services such as food testing, soil testing and water testing will spur the pH meters market demand.
Surging demand in measuring pH will upsurge the market size
Based on product, the pH meters market is classified into benchtop pH meters and portable pH meters. Portable pH meters exceeded USD 514.7 million in 2021. This is owing to increasing demand for portable pH meters in laboratory, at-line and in outdoor environments for the purpose of analyzing the chemical properties of water and other substances. Other factors such as increasing incidence of water borne diseases also drives the segmental demand. For instance, according to the Centers for Disease Control and Prevention (CDC), every year, around 5,700 cases of typhoid occur among people in the U.S.
Moreover, rising demand for technologically advanced product and increasing new product launch will spur the market growth. For instance, in 2017, METTLER TOLEDO launched a smart portable pH meter with rapid measurement, high durability, and one-handed operation. This innovative and low-weight instrument consists of compatible water-resistant meter with both analog and digital intelligent sensor management. This will boost its demand.
Browse key industry insights spread across 130 pages with 86 market data tables & 13 figures & charts from the report, “pH Meters Market Forecasts By Product (Bench Top pH Meters, Portable pH Meters), Type (Digital, Manual), End-use (Pharmaceutical & Biotechnology Companies, Food & Beverages, Environmental Testing, Government & Academic Institutions, Chemicals & Petrochemicals, Water & Wastewater Treatment), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:
Rise in adoption of manual type of pH meter in pharmaceutical industry will ramp up the market expansion
By type, the pH meters market is segmented into digital and manual type pH meter. The manual type of pH meter segment has accounted for around USD 343.5 million in 2021. This is owing to increasing adoption of manual pH meters as these types are mainly used in food and beverages and pharmaceutical industry to measures acidity/alkalinity of a solution. pH meters are also used to measure the acidity for preserving foods and fermentation process and it gives better operational control. Therefore, the demand for manual pH meters will boost.
Growing usage of the pH meter in the food and beverages industry will spur the market growth over the years
Based on end-use, the market is categorized into pharmaceutical and biotechnology companies, food and beverages, environmental testing, government and academic institutions, chemicals and petrochemicals, water, and wastewater treatment and others. Among these, the food and beverages segment are projected to witness 4.3% CAGR from 2022 to 2028. The demand for measuring pH meters in food and beverages industry for maintaining quality, safety, and consistency in food and beverages is increasing annually. Measuring pH value is one of the parameters measured during an inspection of the product before release. For instance, during cheeses-making, enzymatic activity is highly dependent on pH for improving yield and enhancing flavor.
Additionally, controlling pH regulates the growth of desirable and non-desirable microorganisms. Thus, to maintain different types of food such as acidified food, fermented food, and low-acid canned food, resulting in an increase in demand for pH meter thereby, driving the overall market statistics.
Highly competitive pH meters market in Europe will contribute to industry expansion
Europe pH meters market is expected to grow at 4.3% CAGR over the forecast period. The regional growth is attributable to the technological advancement integrated within the pH meter and rising regulatory landscape in developed as well as developing countries. Further, increasing incidences of water borne diseases will spur the regional market statistics. For instance, according to the European Centre for Disease Prevention and Control (ECDC), in 2018, Europe countries reported 26 confirmed cases of cholera.
Major leaders are focusing on strategies & launching innovative products to capture a higher market share
Some of the prominent industry players operating in the pH meters industry include Thermo Fisher Scientific, Contech Instruments, Emerson Electric Co. (Rosemount Analytical), Hach, Qingdao Tlead International, Hamilton Company, PCE Instruments, Hanna Instruments, Inc., Panomex Inc., Shanghai Selon Scientific Instrument Co., Ltd., Horiba, Jenco Instruments Inc., Metrohm AG, TECPEL CO., LTD., Agilent Technologies, and Mettler-Toledo International Inc., among others.
These market players are implementing various strategic collaborations, innovations, mergers, and acquisitions to sustain market competition and strengthen its value. For instance, in March 2020, Hanna Instruments announced new multiparameter pH/EC/DO Portable Meter Bluetooth and optical DO technology. This innovative instrument combines Hanna's durable meter design with modern digital sensors to test up to 12 distinct water quality indicators. This strengthened their global position in the industry.