Table of Contents
Dairy Manufacturers’ Focus on Food Safety Drives Need
•The North American sanitary valve market generated a revenue of $.. million in 2013.
•The CAGR during 2013–2020 is expected to be ..% due to a relatively stable food and beverage industry in the region.
•The dairy segment is expected to be the largest revenue contributor to the sanitary valve market and drive the demand for the seat valve segment.
•Health and wellness is a key trend influencing the food and beverage industry, leading to the growth of some segments over others. This has resulted in, for example, an increase in demand for low fat milk over whole milk.
•Food and beverage equipment manufacturers need to be on top of such trends in order to hold a successful position in the channel.
•The sanitary valve market is expected to reach a revenue of $.. million in 2020.
Standards followed by the food and beverage industry are becoming more stringent, increasing the opportunity potential for key sanitary valve participants.
Changing preferences of food and beverage customers require niche requirements to be met effectively.
The food and beverage industry cites reliability and quality of sanitary valves as top preferences in purchase decisions.
Continuous production in mid-size food and beverage companies will drive the adoption rate for sanitary valves.
Food and beverage manufacturers look for integrated solutions, placing importance on good product portfolios from equipment manufacturers.
Key Questions This Study Will Answer
Is the North American sanitary valve market growing? How long will it continue to grow, and at what rate?
What are the key factors that will drive the growth of the sanitary valve market across North America?
What are the restraints faced by the market participants? What is the expected impact?
What are the major end-user industries for sanitary valves? How are they expected to grow during the forecast period?
Which types of sanitary valves are expected to show good growth? What is their share among the various valves?
Who are the major industry participants? What are their relative positions in the sanitary valve market?
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