Food & Beverages Industry Pumps Market is estimated to exceed value of US$ 6.7 Bn by 2030, expanding at a CAGR of 5% during the forecast period - Digital Journal

2022-09-23 19:00:09 By : Ms. Erica Ho

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Shift toward automation and reliance on the sanitization technology are the key strategies that companies in the F&B (food & beverages) industry are adopting to stay afloat during the COVID-19 (coronavirus) outbreak. Some of the biggest changes stakeholders in the food & beverages industry pumps market are facing is the demand for plant visits. Hence, food and beverages manufacturers are adopting safety protocols such as temperature checks and utilization of personal protection equipment (PPE).

The increased automation in processes is helping to reduce human contact and contain the spread of contaminants among end-use products. Effective communication plans and strategic planning are helping F&B producers to improve worker efficiency and reduce absenteeism. This is boosting productivity levels during the COVID-19 era. However, volatile demand and supply of goods is emerging as a challenge for F&B producers. These factors are expected to impact the food & beverages industry pumps market growth.

Hygienic Pumps Facilitate Minimal Product Degradation in Sensitive Applications

Innovative product launches are bolstering the growth of the food & beverages industry pumps market. For instance, NOV— a U.S. multinational corporation based in Houston, Texas, has announced the launch of its new hygienic pump that provides gentlest pumping action for solids handling. Such innovations are helping the food & beverages industry pumps market mature at a modest CAGR of 5% during the forecast period. Manufacturers are increasing their research in the progressing cavity pump principle, which helps to low shear and draw minimal emulsification of the products being pumped.

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Hygienic pumps are being highly publicized for minimal product degradation in shear-sensitive applications such as salsas and salad dressings. Moreover, these pumps enable moving of suspended solids with minimal damage to products such as diced vegetables, fruits, and soups. The robust nature of hygienic pumps is being preferred for viscous products such as peanut butter and jams.

Understanding of Operational Principles of Substances Reduces Downtime in Factories

Certain kinds of liquids and slurries are challenging to transport. Hence, companies in the food & beverages industry pumps market are educating producers about the right choice of pumps to meet challenging applications. Moving of fluids with as little transformative force as possible, while maintaining efficiency is emerging as a hurdle for F&B producers. Hence, companies in the food & beverages industry pumps market are taking into consideration all the operational principles of food and liquids in order to give specialized pump solutions to producers.

Pump manufacturers are increasing their R&D to gain increased understanding of the viscosity, abrasiveness, particulates, and chemical attack of substances. This helps manufacturers to develop pumps that meet challenging specifications of F&B producers. In order to obtain accustomed with the variable flow during peak and non-peak times, pump manufacturers are using variable frequency drives and motors in pumps that adapt to changes in flow volume.

Innovative Food Pumps Improve Product Integrity and Bottom Lines

There is a growing demand for pumps that help to maintain product integrity. Manufacturers in the food & beverages industry pumps market are designing systems that offer enhanced food product quality through gentle handling. These type of pumps are being extensively used for cheese production. It has been found that low shear product transfer reduces the number of fines within curds and whey of cheese, while retaining the fat. This helps to improve production capabilities and increase ROI (Return on Investment).

Pump manufacturers are focusing on improving product integrity in order to reduce manufacturing costs and benefit bottom lines. They are adhering to industry standards in order to increase the availability of certified pumps. The prevention of product degradation is the key for cheese production and ultimately boosts market growth, where the food & beverages industry pumps market is predicted to cross valuation of US$ 6.7 Bn by 2030.

Investments in Innovation Centers Translate into Revenue Opportunities for Pump Manufacturers

Fluid handling innovations are gaining prominence in the food & beverages industry pumps market. For instance, Alfa Laval— a specialist in heat transfer, separation, and fluid handling technologies, has invested in an Application and Innovation center in Denmark to excel in fluid handling technologies for the food and pharmaceutical industries. Investments in production capacities are translating into incremental opportunities for manufacturers in the food & beverages industry pumps market. The growing demand for hygienic fluid handling is fueling the demand for food industry pumps.

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Robust testing facilities in innovation centers are helping manufacturers to develop industry-standard food pumps. Moreover, changing consumer trends in F&B products have compelled pump manufacturers to constantly innovate in food pumps. This has triggered the need for flexible process equipment to meet demanding requirements of consumers.

Food & Beverages Industry Pumps Market: Overview

Rising Demand for Meat, Poultry, Dairy, Bakery, and Confectionery Products: A Key Driver

Increased Focus on Production Efficiency, Processing Time, and Quality of Food Products

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Food & Beverages Industry Pumps Market: Competition Landscape

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