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Key players operating in the food & beverage air filters market are
Key players are adopting strategies such as contract acquisition and capacity expansions to enhance their product portfolio and client reach and meet the increasing client requirements.
In January 2020, Parker-Hannifin Corporation began the construction of Parker Filtration Innovation Center, a new filter membrane application research and development center in Columbia, Tennesse. This capacity expansion would enable the company to conduct extensive research to improve filtration systems in the food & beverage industry.
In October 2020, Camfil Group acquired a contract from Tönnies Group for fitting the CC 6000 and CC 2000 and its ProSafe HEPA H14 filter in the company’s meat processing facility. This contract acquisition would enable the company to improve its brand name in the market and increase its sales.
In 2019, the global food & beverage air filters industry revenue crossed USD 980 million. Due to the mounting cases of food-borne infections due to consumption of food products manufactured in unhealthy conditions, the market size is set to expand at 6.6% CAGR through 2026.
EPA, HEPA, and ULPA filter segment was accounted for over USD 230 million in 2019 and is likely to flourish at 7.3% CAGR through 2026, favored by their high filtration efficiency in adverse, sensitive, and moisture-prone areas.
The food and ingredients segment was valued at USD 310 million in 2019 and is poised to flourish in the coming years owing to its rising usage of air filters attributed to the high rate of dust particle emission from spices and flavors used in its manufacturing.
The changing consumption patterns of consumers coupled with inclination towards healthy, convenience foods and rising health consciousness will favor the growth of North American food & beverage air filters industry size.