HOMOGENIZING MIXER MARKET REPORT OVERVIEW
- Request a Free sample to learn more about this report
The global homogenizing mixer market size is expected to be USD 1868.3 million in 2022 and is expected to reach USD 2663.68 million in 2031, at a CAGR of 4.0% during the forecast period.
A homogenizer is a device typically employed in laboratories or other industrial settings for the homogenization of various materials, including tissue, food, plants, soil, and others. Many various models have been enhanced using several physical methods for interference. While varied components are always incorporated during mixing procedures, homogenization is defined as obtaining equitable distribution of diverse components within a mixture or pile. A homogeneous mixture is one that has consistent temperature, color, moisture, and particle size.
In industries including biotechnology, food and dairy, pharmaceuticals, cosmetics, and chemical processing, there is an increase in demand for homogenizers. Due to the rising reliance on homogenization techniques, the food and beverage sectors were determined to have the biggest market share during the anticipated timeframe. These tools have a number of benefits, including a reduction in microbiological activity, the creation of new material categories, and an extension of their usable shelf life.
COVID-19 Impact: Supply Chain Disruption and Lockdown Restrictions to Impede Market Progress
The global COVID-19 pandemic has been unprecedented and staggering, with homogenizing mixers experiencing lower-than-anticipated/higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the homogenizing mixer market growth and demand returning to pre-pandemic levels once the pandemic is over.
Due of the statewide lockdowns implemented in several nations, the pandemic caused a brief disruption in the supply chain. Due to lockdowns, business closures, and travel restrictions, the pandemic epidemic has had an impact on various countries' economies and businesses. The lockdowns caused temporary shutdowns of nearby manufacturing facilities, which significantly impacted the supply of APIs and final doses. The global food and beverage industry is one of the key sectors dealing with significant disruptions like technology event terminations, supply chain, decreased production and employee numbers, product distribution and advertising, and office closures due to curfew and lockdown, which reduced product sales. The manufacturers' ambitions to increase their production capacity should increase demand for pharmaceutical processing machinery
LATEST TRENDS
"Increasing Adoption in Pharmaceutical Sector to Facilitate Industry Growth"
The expansion of the pharmaceutical market, rising production capacity, an increase in regulatory approvals of pharmaceutical goods, and the emergence of flexible and continuous manufacturing are all factors contributing to the growth of the homogenizing mixer industry. This market is also being driven by an increase in manufacturing capability outsourcing. Emerging pharmaceutical manufacturing hotspots in emerging countries and a burgeoning clinical pipeline offer prospects for the upsurge of the homogenizing mixer market.
The manufacture, extraction, processing, and packaging of medications used to treat or prevent diseases are all part of the pharmaceutical industry. The manufacture of active ingredients and pharmaceuticals is the first step in the pharmaceutical manufacturing process. The second step is the conversion of active products into appropriate administration dosages. Based on the method of supply, the processing machinery covered by the scope is segmented.
HOMOGENIZING MIXER MARKET SEGMENTATION
- Request a Free sample to learn more about this report
- By Type Analysis
As per type, the market is classified into Bench-top Homogenizing Mixer and Handheld Homogenizing Mixer.
- By Application Analysis
The market is categorized into Dairy, Food, Cosmetic, Chemical, Pharmaceutical, and Biotech Products.
DRIVING FACTORS
"R&D Activities and Technological Developments to Facilitate Market Development"
The continuous blending technology offers advantages such as direct processing of raw products, no requirement of large mixing tanks, and flexibility through rapid product change. Ingredients such as starch and tea powder, which are susceptible to lumping, clogging, foaming, and other issues, in batch mixing, can be mixed by using continuous technologies. Homogenizing mixer technology is dedicated to a single and high-volume product. In the continuous mixing mechanism, ingredients are continuously charged into the mixer in accordance with the formulation. The technology can be used in all the processes in the manufacturing of ready-to-bottle soft drinks and fruit juices. Thus, due to this continuous technology is expected to be the fastest-growing segment in the forecast period.
"Increasing Adoption in End-User Industries to Foster Industry Progress"
The constantly rising demand for food and beverage products is forecasted to augment the market growth. The escalating demand offers an extended range of food products and a wide shelf life to the food product is anticipated to aid the global homogenizing mixer market growth. Additionally, the increasing demand for ultrasonic homogenizing mixers coupled with the increasing demand from end-user industries is likely to surge growth in the market. The rising prevalence of chronic diseases among the general population is forecasted to aid market growth.
RESTRAINING FACTORS
"High Costs to Hinder Market Progress"
The homogenizing mixer market generally has its profits and downsides. The features that restricted the market are the high cost, guidelines, and standards, of the homogenizers used in the pharmaceutical sector to get the contract from supervisory authority hinder the market growth.
HOMOGENIZING MIXER MARKET REGIONAL INSIGHTS
- Request a Free sample to learn more about this report
"Increasing Demand from Food & Dairy Sector to Foster Market Growth in Asia Pacific"
Asia Pacific holds the largest part of the global homogenizing mixer market share. Food and dairy industries are expanding in developing nations like China and India, which is creating a demand for the product. These elements, therefore, influence the regional homogenizing mixer market. This is due to the growing pharmaceutical industry.
North America is anticipated to have a sizable market share. The assumption of homogenizers is advised given the population's significant expansion, the rise in the popularity of chronic medical conditions, and increasing healthcare expenditures. This is due to the strong demand for packaged and processed food among the expanding population.
KEY INDUSTRY PLAYERS
"Companies Invest Heavily in Research and Development Activities to Improve Market Position"
The market players' strategies such as mergers and acquisitions and extensions used over the last five years had a significant impact on the growth of the market. Leading competitors in the market have used a plethora of investment strategies over the past couple of years. As a crucial component of their strategies, contracts, agreements, and partnerships are created, which contributed to the stream of sizable money within the company. The majority of market participants have long-term contracts with their company for the provision of homogenizers needed for product manufacture.
INDUSTRY DEVELOPMENT
2020: Two new models of the Gaulin and APV Rannie homogenizers were released by SPX FLOW. These new 77T and 57T versions are designed to operate and perform efficiently. With a wide range of industries, including food and beverage, dairy, personal care and pharmaceuticals, and cosmetics, this model might be simpler to maintain.
List of Market Players Profiled
- GEA (Germany)
- SPX (U.S.)
- Krones (Germany)
- Sonic (U.S.)
- Bertoli (Italy)
- NETZSCH Group (Germany)
- PRO Scientific (U.S.)
- Scilogex (U.S.)
- Alliance Bio Expertise (France)
- BANDELIN Electronic (Germany)
- Bertin Technologies (France)
- Biobase (China)
- VWR International (U.S.)
- SOWER (China)
REPORT COVERAGE
The report examines end-user applications in various product areas and the global market. The report observes the growth of various market segments by gathering significant data from relevant sources. In addition, the study explains the market size and growth rate of each sector. The study examines important geographic divisions and details all of the beneficial factors that are propelling market expansion. The research report inspects the key variables that are driving the market's growth. It generates trends, limitations, and impulses that influence the market favorably or badly. The numerous segments and applications are also discussed in this section.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 1868.3 Million in 2022 |
Market Size Value By |
US$ 2663.68 Million by 2031 |
Growth Rate |
CAGR of 4% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type, Application & Region |
Frequently Asked Questions
-
What value is the homogenizing mixer market expected to touch by 2031?
The homogenizing mixer market is expected to reach USD 2663.68 million by 2031.
-
What CAGR is the homogenizing mixer market expected to exhibit by 2031?
The homogenizing mixer market exhibits a CAGR of 4.0% during the forecast period.
-
Which are the driving factors of the homogenizing mixer market?
R&D activities and increasing adoption in end-user industries are the driving factors of this homogenizing mixer market.
-
Which are the top companies operating in the homogenizing mixer market?
GEA, SPX, Krones, Sonic, Bertoli, NETZSCH Group, PRO Scientific, Scilogex, Alliance Bio Expertise, BANDELIN Electronic, Bertin Technologies, Biobase, VWR International, SOWER are the top companies operating in the homogenizing mixer market.