December 17, 2020
According to the research report titled ‘Food & Beverages Air Filters Market Size By Product, By Application Industry Analysis Report, Country Outlook Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026‘, available with Market Study Report LLC, global food & beverages air filters market is expected to amass significant returns by the year 2026.
Strict government norms regarding safety and hygiene in food & beverage production, and emphasis on maintaining contamination-free manufacturing environments are major factors fueling the growth of global food & beverages air filters market.
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Further, rising adoption of advanced farming techniques in APAC, increasing consumption of bakery and confectionary products in Europe, and cognizance of clean label packaging items in North America are positively influencing the overall industry growth. However, high installation and maintenance costs are restraining the global food & beverages air filters market growth.
Speaking of product terrain, global food & beverages air filters market is divided into cartridge collector, dust collector, mist collector, baghouse filters, and HEPA, EPA, and ULPA filters. Among them, the cartridge collector segment accounted for USD 68.56 million in 2019 and is expected to witness 5.3% CAGR during the forecast period, as these filters are highly suitable for food processing applications and dry dust. Further, benefits of cartridge collector such as easy replacement, cost effectiveness, and reliability as compared to other filtration types are fueling the segmental growth.
Based on application scope, global food & beverages air filters industry share is bifurcated into non-alcoholic beverages, food & ingredients, dairy, bottled water, and brewery. The report cites that bottled water segment is poised to grow with a CAGR of 6.3% through 2026, owing to increasing popularity of bacteria-free production processes of distilled water, purified water, spring water, and other products.
From a regional frame of reference, food & beverages air filters market in Middle East & Africa was valued at USD 89.70 million in the year 2019 and is anticipated to register a y-o-y growth rate of 3.9% during 2020-2026. Increasing demand for good quality of food & beverage due to rising concerns among consumers regarding health, alongside evolving lifestyle are boosting the product adoption. Furthermore, rising per-capita income of middle-class population, and growing awareness about sensible energy consumption are also contributing to the market outlook in MEA.
Major players influencing global food & beverages air filters market trends are Pall Corporation, Nano Purification Solutions Ltd., Spirax-Sarco Engineering Plc, Air Filters, Inc., Porvair Filtration Group Ltd., Parker-Hannifin Corporation (formerly Parker Appliance Company), 3M Company, APC Filtration, Inc., Camfil Group, and Donaldson Company, Inc.