Market Overview

The Global Clean-in-Place Market by System Type, Offering, End-User Industry and Geography - Forecast to 2023: Expecting to Register a CAGR of 15.5% - ResearchAndMarkets.com

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The "Clean-in-Place
Market by System Type (Single-Use and Reuse CIP Systems), Offering
(Single-Tank Systems; Two-Tank Systems; Multi-Tank Systems), End-User
Industry (Food; Dairy; Pharmaceuticals), and Geography - Global Forecast
to 2023"
report has been added to ResearchAndMarkets.com's
offering.

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.

Rapid automation of processing plants and stringent government policies
for manufacturing companies to comply with food hygiene and safety
standards provide lucrative opportunities for the players in the
clean-in-place market. However, the high cost of operation restrains the
clean-in-place market growth.

Key Highlights

  • Reuse CIP systems are expected to dominate the clean-in-place market
    during forecast period
  • Pharmaceutical industry is expected to hold a significant share of the
    clean-in-place market by 2023
  • Market in APAC is likely to grow at highest CAGR during forecast period

Market Dynamics

Drivers

  • Advantages of CIP Systems
  • Increased Use of CIP Systems in Pharma Industry
  • High Demand for Processed and Convenience Food and Dairy Products, as
    Well as for Beverages

Restraint

  • High Cost of Operation

Opportunities

  • Rapid Automation of Processing Plants
  • Stringent Government Policies for Manufacturing Companies to Comply
    With Food Hygiene and Safety Standards

Challenges

  • Physical Limitation of Processing Equipment
  • Dearth of Qualified and Experienced Operators

Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 CIP Market, By System Type

7 CIP Market, By Offering

8 CIP Market, By End-User Industry

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles

  • Alfa Laval
  • Axomatic
  • Azbil Telstar
  • Bionet
  • Centec GmbH
  • E. Bachiller B
  • Filamatic
  • GD Process Design
  • GEA Group
  • Handtmann Armaturenfabrik
  • KHS GmbH
  • Krones AG
  • Melegari Manghi
  • Millitec Food Systems
  • Sani-Matic
  • Scanjet Systems
  • Solaris Biotech USA
  • SPX Flow
  • Sysbiotech
  • Tetra Pak International

For more information about this report visit https://www.researchandmarkets.com/research/9btndj/the_global?w=4

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