The global clean-in-place market size will grow by USD 8.14 billion during 2019-2023. This market report provides a detailed analysis of the market by product (reuse and single-use), offering (single-tank and multi-tank), and geography (APAC, Europe, MEA, North America, and South America). Also, the clean in place market report analyzes the market’s competitive landscape and offers information on many market vendors, including Alfa Laval AB, GEA Group AG, Millitec Food Systems Ltd., Sani-Matic Inc., SPX FLOW Inc., and Tetra Pak International SA.
Some of the key findings from our clean-in-place market analysis report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global Clean-in-place Industry Overview
Maintaining cleanliness is of utmost importance in pharmaceutical production facilities, as any product defect owing to contamination may lead to product recalls, potential litigation, or reputation damage of the firm. The advent of technology, stringent government regulations, and the need to overcome challenges of cleaning equipment in pharmaceutical production units have prompted operators of these facilities to deploy clean-in-place (CIP) systems. The abilities of these systems to reduce manual labor cost and improve the efficiency of the cleaning process are augmenting their adoption in the industry. Moreover, reduced manual intervention with the use of CIP systems has the minimized downtime of the production process, eventually increasing the manufacturing output. The rate of adoption of CIP systems in the pharmaceutical industry is increasing, which is subsequently facilitating clean in place market growth.
Industries such as food and beverages and pharmaceuticals are increasingly automating processes to improve efficiency and reduce operational cost. Robotic automation is also helping these industries in complying with stringent regulations in terms of safety and cleanliness standards. Therefore, these capital-intensive industries are gaining legal and financial benefits with the deployment of automated processes. To capitalize on this trend, vendors in the market are focusing on manufacturing products that will seamlessly work with automated systems in the mentioned industries. As a result, there is an increase in investments in the market to introduce improved products. Such factors will influence clean-in-place market growth at a CAGR of over 16% during 2019-2023.
Top Clean-in-place Companies Covered in this Market Research Report
The global clean-in-place market is fragmented. To help clients improve their market positions, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This report also includes information on the upcoming clean-in-place market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The report offers a detailed analysis of several leading clean-in-place systems manufacturers, including:
- Alfa Laval AB
- GEA Group AG
- Millitec Food Systems Ltd.
- Sani-Matic Inc.
- SPX FLOW Inc.
- Tetra Pak International SA
Clean-in-place Market Segmentation Based on Product
- Reuse products
- Single-use products
The reuse segment held the largest market share in 2018. It will account for the highest global clean-in-place market share over the forecast period. Benefits such as long-term cost-savings and reduced water consumption with respect to using reuse CIP systems are expected to boost the growth of the market segment during the forthcoming years. This report provides an accurate prediction of the contribution of all the segments to the growth of the clean-in-place market size.
Clean-in-place Market Segmentation Based on Geographic Region
- APAC
- Europe
- MEA
- North America
- South America
With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest clean in place market share throughout the forecast period. Factors such as the rising pressure on food and beverages companies to increase production without increasing labor and material costs, the growing demand for processed food, and the implementation of stringent cleanliness standards are contributing to clean-in-place market growth in this region.
Key Highlights of the Global Clean-in-place Market Forecast Report for the Period 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the clean-in-place market during the next five years
- Precise estimation of the global clean-in-place market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the clean-in-place industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of clean-in-place companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch