Clean-in-Place Market: Emerging Applications and Industries - PowerPoint PPT Presentation

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Clean-in-Place Market: Emerging Applications and Industries

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Clean-in-Place Market Research Report, identifies new revenue opportunity in clean-in-place industry. The report aims at estimating the market size and future growth of the clean-in-place based on offering, process, application, vertical, and region. – PowerPoint PPT presentation

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Title: Clean-in-Place Market: Emerging Applications and Industries


1
MarketsandMarkets Presents
The Clean-in-Place Market is expected to grow
from USD 7.5 billion in 2018 to USD 15.4 billion
by 2023, at a CAGR of 15.49. The growth of
this market is mainly driven by several factors,
such as advantages of CIP systems in various
applications, increased use of CIP systems in the
pharma industry, and high demand for processed
and convenience food and dairy products, as well
as for beverages.
2
MarketsandMarkets Presents
Clean-in-Place Market for food industry to grow
at highest CAGR from 2018 to 2023 CIP systems
play an important role in the food industry
because it is very important to maintain hygiene
and keep machinery and equipment
bacteriologically clean. The equipment used in
the food beverages industry such as process
piping, and vessels require frequent cleaning to
remove residue from previous batches and sanitize
both process piping and vessels to meet the
hygiene requirements. The food standards in
American and European countries are very strict,
thereby helping the CIP Market to grow in the
regions. Get PDF Brochure _at_ https//www.marketsand
markets.com/pdfdownloadNew.asp?id172378410
3
MarketsandMarkets Presents
Reuse CIP systems to hold largest share of
Clean-in-Place Market by 2023 Reuse CIP systems
accounted for the largest share of the
Clean-in-Place Market in 2018, and the market for
reuse CIP systems is expected to grow at a higher
CAGR from 2018 to 2023. Unlike the single-use CIP
system where water and cleaningsolutions are used
only once before disposal, the reuse system
recirculates cleaning detergents and water from a
previous cycle to be reused in the following
cycles pre-rinse step. Thus, in the re-use CIP
system, the cleaning solution is introduced to
the plant to be cleaned and recirculated as
required until the cleaning cycle is complete,
thereby saving ownership cost and reducing
wastage.
4
MarketsandMarkets Presents
Clean-in-Place Market in APAC to grow at highest
CAGR from 2018 to 2023 The Clean-in-Place Market
in APAC is expected to grow at the highest CAGR
during the forecast period. Increasing stringent
regulations pertaining to the production and
processing of food, dairy, and pharma products in
countries such as China and India boost the
demand for CIP systems. Also, ever-growing
population and increasing disposable income in
APAC countries have led to the increase in the
demand for processed food, dairy products,
beverages, and pharma products, which, in turn,
has propelled the growth of the CIP Market in
this region.
5
MarketsandMarkets Presents
Key Players Tetra Pak International
(Switzerland), GEA Group (Germany), Sani-Matic
(US), Alfa Laval (Sweden), SPX FLOW (US), Krones
AG (Germany), KHS GmbH (Germany), Melegari Manghi
(Italy), Centec GmbH (Germany), and Millitec Food
Systems (UK) are among a few major players in the
Clean-in-Place Market. Browse For More Details -
https//www.marketsandmarkets.com/Market-Reports/c
lean-in-place-market-172378410.html
6
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets is a
blue ocean alternative in growth consulting and
program management, leveraging a man-machine
offering to drive supernormal growth for
progressive organizations in the B2B space. We
have the widest lens on emerging technologies,
making us proficient in co-creating supernormal
growth for clients. The B2B economy is
witnessing the emergence of 25 trillion of new
revenue streams that are substituting existing
revenue streams in this decade alone. We work
with clients on growth programs, helping them
monetize this 25 trillion opportunity through
our service lines - TAM Expansion, Go-to-Market
(GTM) Strategy to Execution, Market Share Gain,
Account Enablement, and Thought Leadership
Marketing.
7
MarketsandMarkets Presents
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com Visit Our Website
https//www.marketsandmarkets.com Content
Source https//www.marketsandmarkets.com/PressRel
eases/clean-in-place.asp
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