Global Water And Wastewater Treatment For Food And Beverage Industry Market Size 2024, Forecast To 2033
6 Mar, 2024
The water and wastewater treatment for the food and beverage industry market has demonstrated robust growth, increasing from $39.97 billion in 2023 to $43.2 billion in 2024, with a Compound Annual Growth Rate (CAGR) of 8.1%. The growth in the historic period is attributed to factors such as stringent environmental regulations, focus on corporate social responsibility (CSR), concerns about water scarcity, consumer demand for sustainable products, and risk mitigation for reputation management. Moving forward to 2028, the water and wastewater treatment for the food and beverage industry market is expected to experience strong growth, reaching $57.05 billion at a CAGR of 7.2%. The growth in the forecast period is driven by factors such as global initiatives for water conservation, climate change adaptation strategies, integration of circular economy principles, supply chain sustainability requirements, public awareness, and brand image. Major trends expected in the forecast period include the implementation of smart water technologies, collaboration with technology providers, a shift towards decentralized treatment systems, growing concerns about water quality and safety, and the adoption of circular economy approaches.
Global Water and Wastewater Treatment For Food And Beverage Industry Market Key Driver
The water and wastewater treatment for the food and beverage industry market is set to grow significantly due to the high water consumption in this sector. Water consumption refers to the amount of water extracted and not returned to the original source. Food and beverage companies utilize water and wastewater treatment to meet stringent water quality standards and treat used water before releasing it to comply with environmental regulations. According to a March 2021 article by the People for the Ethical Treatment of Animals, producing one kilogram of wheat requires around 1,790 liters of water, while one kilogram of beef necessitates five times that amount. Cattle raised for food use approximately 20 billion liters of water, which is 8.5 times the global human drinking water consumption. This substantial water consumption in the food and beverage industry is a key driver for the water and wastewater treatment market, indicating positive market size values for 2023, 2024, and 2028.
Get A Free Sample Of The Global Water and Wastewater Treatment For Food And Beverage Industry Market ReportGlobal Water and Wastewater Treatment For Food And Beverage Industry Market Segments
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
By Geography:The regions covered in the water and wastewater treatment for food and beverage industry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
Asia-pacific was the largest region in the water and wastewater treatment for the food and beverage industry market in 2023. 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
Major Water and Wastewater Treatment For Food And Beverage Industry Industry Players
Suez Environment S.A., Veolia Environnement S.A., Xylem Inc., DuPont de Nemours Inc., 3M Company, Pentair plc, United Utilities Group plc, Kingspan Group 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, American Water Works Company Inc., American States Water Company, California Water Service Group, Connecticut Water Service Inc., Middlesex Water Company, SJW Group, York Water Company, Aqua America Inc., Artesian Resources Corporation
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Water and Wastewater Treatment For Food And Beverage Industry Market Overview
Water and wastewater treatment for the food and beverage industry refers to removing contaminants from water used in food and beverage production and wastewater discharged from the food and beverage processing to meet water quality standards and environmental regulations.
Water and Wastewater Treatment For Food And Beverage Industry Global Market Report 2023 provides data on the global water and wastewater treatment for food and beverage industry market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The water and wastewater treatment for food and beverage industry market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.