What Has Driven the Growth of the Water and Wastewater Treatment For Food And Beverage Industry Market in Recent Years?
The water and wastewater treatment for food and beverage industry market has seen considerable growth due to a variety of factors.
•The market size of water and wastewater treatment for the food and beverage industry has seen robust growth in the past few years. It is projected to expand from $42.8 billion in 2024 to $46.01 billion in 2025, presenting a compound annual growth rate (CAGR) of 7.5%.
The historical growth has been influenced by strict environmental rules, emphasis on corporate social responsibility (CSR), increased concerns about water scarcity, customer preference for eco-friendly products, and reputation management risk mitigation.
What is the Market Size Forecast for the Water and Wastewater Treatment For Food And Beverage Industry Market?
The water and wastewater treatment for food and beverage industry market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for substantial growth in the market for water and wastewater treatment for the food and beverage industry in the coming years. The market size is projected to reach "$61.81 billion by 2029, showing a compound annual growth rate (CAGR) of 7.7%.
Factors contributing to this projected growth during the forecast period include global water conservation efforts, strategies to adapt to climate change, the application of circular economy principles, the necessity of sustainable supply chains, public consciousness, and brand reputation. Key trends predicted to occur in the forecast period encompass the utilization of intelligent water technologies, partnerships with technology suppliers, a shift towards decentralized treatment regimes, increasing worry over water quality and safety, and implementation of circular economy strategies.
What Are The Core Factors Supporting Growth In The Water and Wastewater Treatment For Food And Beverage Industry Market?
The surge in the water and wastewater treatment sector in the food and beverage industry can be largely attributed to the excessive use of water. This excessive consumption in the industry pertains to the amount withdrawn and not replenished back to the source. To match up with stringent water quality benchmarks and to treat wastewater before disposal adhering to environmental norms, the food and beverage sector resorts to water and wastewater treatment methods. As per a November 2023 report by the US non-profit, the World Wildlife Fund (WWF), the food and beverage industry is responsible for a whopping 70% of global freshwater usage. Hence, the substantial water usage in the food and beverage sector would fuel the water and wastewater treatment industry.
What Are The Major Segments Within The Global Water and Wastewater Treatment For Food And Beverage Industry Market?
The water and wastewater treatment for food and beverage industry market covered in this report is segmented –
1) By Type: Water Treatment, Wastewater Treatment
2) By Offering: Treatment Technologies, Treatment Chemicals, Process Control and Automation, Design, Engineering, and Construction Services, Operation and Maintenance Services
3) By Cluster: Dairy, Cheese, Ice Cream, Non-alcoholic Beverages, Prepared Food, Powdered Food, Alcoholic Beverages, Meat, Poultry, and Seafood, Fruits and Vegetables, Other Clusters
Subsegments:
1) By Water Treatment: Filtration, Disinfection, Reverse Osmosis, Ion Exchange, Softening, Chemical Treatment
2) By Wastewater Treatment: Biological Treatment, Chemical Treatment, Physical Treatment, Tertiary Treatment, Sludge Treatment, Membrane Technology
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Which Trends Are Expected To Transform The Water and Wastewater Treatment For Food And Beverage Industry Market?
The leading trend making waves in the water and wastewater treatment market for the food and beverage industry is technological innovation. Companies prominent in the water and wastewater treatment space for the food and beverage industry are putting emphasis on the inclusion of new technologies to enhance their water treatment and wastewater treatment solutions, making them more compatible with food and beverage applications. For example, in April 2023, PearlAqua Deca 30C, a water disinfection system, was introduced by AquiSense, an American company specializing in water treatment and disinfection solutions. PearlAqua Deca 30C is suitable for use in a broad range of point-of-use applications, whether large or small. This solution is an ideal choice for commercial and industrial water purification, food and beverage processing, residential use, and soda machines, among other applications. PearlAqua Deca 30C employs UV-C LED technology to ensure 99.99% elimination of pathogens at a rate of four gpm (15 lpm). It comes with a host of features including automatic activation and deactivation or external triggering, customizable alarm outputs, and adaptive power control.
Who Are the Key Players in the Water and Wastewater Treatment For Food And Beverage Industry Market?
Major companies operating in the water and wastewater treatment for food and beverage industry market include:
• Suez Environment S.A.
• Veolia Environnement S.A.
• Xylem Inc.
• DuPont de Nemours Inc.
• 3M Company
• Pentair plc
• The Dow Chemical Company
• BASF SE
• Kurita Water Industries Ltd.
• Bio-Microbics Inc.
• Calgon Carbon Corporation
• Trojan Technologies Inc.
• Kemira Oyj
• Ecologix Environmental Systems
• Aquatech International Corporation
• Evoqua Water Technologies LLC
• Pall Corporation
• A.O. Smith Corporation
• Ecolab Inc.
• Danaher Corporation
• Severn Trent Plc
• Berghof Membranes
• Wigen
• Ovivo
• MITA Water Technologies
• Aries Chemical
• Aquafine Corporation
• Huber Technology
• GEA Group
• Alfa Laval
• IDEXX Laboratories
What Is The Most Dominant Region In The Water and Wastewater Treatment For Food And Beverage Industry Market?
Asia-pacific was the largest region in the water and wastewater treatment for the food and beverage industry market in 2024. The regions covered in the water and wastewater treatment for food and beverage industry market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
