The North America Sanitary Pumps and Valves Market would witness market growth of 2.8% CAGR during the forecast period (2023-2030).
Industrial expansion in various end-of-life industries, such as processed foods, drinks, medications, milk, and more is an important catalyst in this market. The need for clean pumps and valves in all hygiene businesses is further fueled by raising awareness of manufacturers and producers about hygiene in end-of-life businesses and industries and supplying clean products to end-to-end consumers.
As a result of this increased awareness, the government and other relevant organizations are developing several strict rules and policies to uphold the standard of safety and hygienic practices in the goods and industries utilized in the final product. These laws and regulations could be seen as promoting market development.
Sanitary pumps are constructed from materials that are both hygienic and corrosion resistant. Most sanitary pumps are made from bronze, copper, or 316L stainless steel. Additionally, these pumps usually do not have a dead angle in the pump chamber. The sealing substance is food-grade, like Teflon, ethylene-propylene rubber, fluorine rubber, nitrile rubber, etc.
With several major cities in the US and Canada having populations of more than a million, both countries have significant rates of urbanization. On top of that, this region is home to a renowned catering company. The abundance of supermarkets and hypermarkets, as well as the resilience of contemporary retail establishments, are other elements that contribute to the low cost and high demand. The main processing sectors were bakery & tortilla, meat processing, and dairy production, with bakery & tortilla contributing 25% of the overall production. Thus, the region presents lucrative growth prospects for the market.
The US market dominated the North America Sanitary Pumps and Valves Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $557.6 Million by 2030. The Canada market is poised to grow at a CAGR of 5.1% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 4.2% during (2023 - 2030).
Based on Pump Type, the market is segmented into Centrifugal Pumps, and Positive Displacement Pumps. Based on End User, the market is segmented into Processed Food, Dairy, Alcoholic Beverage, Non-alcoholic Beverage, Pharmaceutical, and Others. Based on Power Source, the market is segmented into Electric, and Air. Based on Primming Type, the market is segmented into Non-self Primming, and Self Primming. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Sanitary Pumps and Valves Market is Projected to reach USD 2.7 Billion by 2030, at a CAGR of 3.5%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Xylem, Inc., Graco, Inc. (Newell Brands Inc.), Alfa Laval AB, KSB SE & Co. KGaA, GEA Group AG, SPX Flow, Inc., Dover Corporation, Spirax Sarco Limited, IDEX Corporation, Verder International B.V.
By Pump Type
By End User
By Power Source
By Primming Type
By Country
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