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Global Homogenizer Market - Overview
According to Market Research Future (MRFR), Homogenizer market is projected to be worth USD 2.83 Billion by 2030, registering a CAGR of 4.3% during the forecast period (2021 - 2030), The market was valued at USD 2.02 billion in 2021. The study assesses the influence of the COVID-19 pandemic on the global homogenizer market and provides an accurate description of the predicted volatility of demand over the forecast period.
Homogenizers Market are industrial or laboratory equipment used to homogenize different types of materials, including tissue, plant, soil, food, and many others. Homogenizers help to micronize fluid particles and to obtain a homogeneous and stable emulsion of the product. Industrial and laboratory high-pressure homogenizers are positive displacement pumps fitted with a compression block and a homogenizing valve that help to process a wide range of applications. Homogenizers also improve the organoleptic characteristics and stability of the product.
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Global Homogenizer Market – Prominent Players
The notable players profiled in the global Homogenizer Market report include Krones AG, GEA Group, SPX Corporation, Sonic Corporation, Avestin Inc., Bertoli s.r.l, FBF Italia s.r.l, PHD Technology International LLC, Microfluidics International Corporation, Ekato Holding GmbH, Alitec, and Simes SA.
Homogenizers are used in a number of end-use industries such as food & dairy, pharmaceuticals, cosmetics & personal, chemical processing, and many others. Development in these sectors is likely to push the homogenizer industry. Among these end-use industries, there is substantial demand for homogenizers from the food & dairy industry, as food & dairy manufacturers integrate homogenization techniques into their product manufacturing process, providing many advantages, such as the introduction of new product categories and efficient use of existing products. It also helps minimize microbiological activity and increases the shelf life of the product.
The shift from traditional homogenizing equipment to automated homogenizing equipment, especially in developing countries, to fuel growth in the homogenizer market. Nevertheless, the high cost of homogenizing equipment is expected to impede the development of the homogenizer industry. In addition, growing disposable income among the middle-class population will generate opportunities for the retail food industry, which would further boost the demand for homogenizer products.
On the contrary, lack of awareness, varying cost of raw material, impact of the COVID-19 pandemic, and related risk in the capital investment may limit the global Homogenizer Market growth over the forecast period. Moreover, as in the case of other types of grouts that require frequent cleaning, the epoxy resins’ non-porous property prevents collection of grime, moisture or dirt, which is another property that adds to its appeal among the end-users. Although epoxy Homogenizer can be quite challenging in terms of installation, it still remains ahead of other segments due to extended longevity with better cleaning techniques.
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Homogenizer Market - Segments:
The global homogenizer market has been segmented on the basis of type, technology, and application.
On the basis of type, the global homogenizer market has been segmented into ultrasonic, pressure, and mechanical. Pressure homogenizer is expected to develop at a rapid pace due to increased use in pharmaceuticals and food & dairy products.
On the basis of technology, the global homogenizer market has been segmented into single-valve assembly and two-valve assembly.
On the basis of application, the global homogenizer market has been segmented into food & beverage, personal care, chemical, pharmaceutical, and others. Food & dairy products are projected to have a relatively high market share due to the increased consumption of packaged foods.
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Homogenizer Market - Regional Analysis:
North America, followed by Europe and Asia Pacific are regional segments of the Homogenizer Market. The analysis of the market is done for the Rest of the World (RoW). In the Asia Pacific region, the Homogenizer Market is likely to dominate at the highest growth rate. The high demand for Homogenizer across the retail industry to curb incidence of theft can prompt the expansion of the lineless label global industry. Industrial expansion in the region can prompt the expansion of the regional market. The rise in purchase capacity of consumer and alterations in lifestyle can prompt the growth of Asia Pacific Homogenizer Market. The high adoption of Homogenizer Market in China, Thailand, Japan, India, and the rest of APAC can support Asia Pacific market.
The global market for Homogenizer is getting huge traction due to the massive rise in demand from the pharmaceutical sector. This rise is to bolster the COVID-19 pandemic treatment across countries and supply frontline fighter like doctors and nurses with sufficient medical support that they can use on their patients to improve their conditions. The segment is also getting a huge tailwind from the research and development sector, where universities and laboratories invest much time finding a proper cure for the disease. This growth would remain strong in the coming years as the pandemic is yet to subside.
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About Market Research Future:-
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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