Clean-in-Place Market Overview and Growth Analysis 2023 - PowerPoint PPT Presentation

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Clean-in-Place Market Overview and Growth Analysis 2023

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Clean-in-Place Market by System Type (Single-Use and Reuse CIP Systems), Offering (Single-Tank Systems; Two-Tank Systems; Multi-Tank Systems), End-User Industry (Food; Dairy; Pharmaceuticals), and Geography - Global Forecast to 2023 – PowerPoint PPT presentation

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Title: Clean-in-Place Market Overview and Growth Analysis 2023


1
MarketsandMarkets Presents
The Clean-in-Place Market by System Type
(Single-Use and the "Clean-in-Place Market is
expected to grow from USD 7.5 billion in 2018 to
USD 15.4 billion by 2023, at a CAGR of 15.49.
The growth of this market is mainly driven by
several factors, such as advantages of CIP
systems in various applications, increased use of
CIP systems in the pharma industry, and high
demand for processed and convenience food and
dairy products, as well as for beverages.
2
MarketsandMarkets Presents
Reuse CIP systems to hold largest share of
Clean-in-Place Market by 2023 Reuse CIP systems
accounted for the largest share of the
Clean-in-Place Market in 2018, and the market for
reuse CIP systems is expected to grow at a higher
CAGR from 2018 to 2023. Unlike the single-use CIP
system where water and cleaningsolutions are used
only once before disposal, the reuse system
recirculates cleaning detergents and water from a
previous cycle to be reused in the following
cycles pre-rinse step. Thus, in the re-use CIP
system, the cleaning solution is introduced to
the plant to be cleaned and recirculated as
required until the cleaning cycle is complete,
thereby saving ownership cost and reducing
wastage.
3
MarketsandMarkets Presents
Clean-in-Place Market for food industry to grow
at highest CAGR from 2018 to 2023 CIP systems
play an important role in the food industry
because it is very important to maintain hygiene
and keep machinery and equipment
bacteriologically clean. The equipment used in
the food beverages industry such as process
piping, and vessels require frequent cleaning to
remove residue from previous batches and sanitize
both process piping and vessels to meet the
hygiene requirements. The food standards in
American and European countries are very strict,
thereby helping the CIP Market to grow in the
regions. Get PDF Brochure _at_ https//www.marketsand
markets.com/pdfdownloadNew.asp?id172378410
4
MarketsandMarkets Presents
Clean-in-Place Market in APAC to grow at highest
CAGR from 2018 to 2023 The Clean-in-Place Market
in APAC is expected to grow at the highest CAGR
during the forecast period. Increasing stringent
regulations pertaining to the production and
processing of food, dairy, and pharma products in
countries such as China and India boost the
demand for CIP systems. Also, ever-growing
population and increasing disposable income in
APAC countries have led to the increase in the
demand for processed food, dairy products,
beverages, and pharma products, which, in turn,
has propelled the growth of the CIP Market in
this region.
5
MarketsandMarkets Presents
Key Players Tetra Pak International
(Switzerland), GEA Group (Germany), Sani-Matic
(US), Alfa Laval (Sweden), SPX FLOW (US), Krones
AG (Germany), KHS GmbH (Germany), Melegari Manghi
(Italy), Centec GmbH (Germany), and Millitec Food
Systems (UK) are among a few major players in the
Clean-in-Place Market. Browse For More Details -
https//www.marketsandmarkets.com/Market-Reports/c
lean-in-place-market-172378410.html
6
MarketsandMarkets Presents
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
7
MarketsandMarkets Presents
Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com Visit Our Website
https//www.marketsandmarkets.com Content
Source https//www.marketsandmarkets.com/PressRel
eases/clean-in-place.asp
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