NEWS RELEASE APRIL 2015
$800 Million Cartridge Market in Food and Beverage By 2020
The market for cartridges in the food and beverage industry will rise to $800 million in 2020 in actual dollars taking into account projected inflation. The market in 2010 dollars will be $670 million according to the latest forecasts in Cartridge Filters: World Market published by the McIlvaine Company.
|South & Central America||51|
* in 2010 U.S. dollars
Nearly half the revenues will be derived from sales to improve food and beverage product. These process filters are frequently replaced. The other 50 percent of the revenues will come from the treatment of water and wastewater associated with processes. Specific applications are found in:
- Distilled Spirits
- Soft Drinks
- Fruit Juices
- Baby Foods
- High Fructose Corn Syrup
- Edible Oils
- Flavors and Fragrances
Membrane cartridges compete with depth cartridges using diatomaceous earth and other filter aids.
East Asia is the fastest growing market. By 2019, sales of cartridges for food and beverage will exceed $200 million. NAFTA and Western Europe are net exporters of processed food and beverages. So filter use is relatively high in proportion to the food consumed in the two regions.
Pall, Clarcor, 3M, GE and Eaton are major cartridge suppliers to the food industry based in the U.S.
For more information on Cartridge Filters: World Market, click on: