At a CAGR of 15.49%, the Clean in Place Market is anticipated to increase from USD 7.5 billion in 2018 to USD 15.4 billion by 2023. The advantages of CIP systems in many applications, increased usage of CIP systems in the pharmaceutical industry, and high demand for processed and convenience foods, dairy products, as well as drinks, are the primary drivers of this market's growth.
By 2023, reusing CIP systems will command the highest portion of the clean-in-place market.
The Clean-in-Place Market in 2018 was dominated by reuse CIP systems, and from 2018 to 2023, the market for these systems is anticipated to develop at a faster CAGR. The reuse system recycles cleaning detergents and water from a previous cycle to be used in the pre-rinse step of the following cycle, in contrast to the single-use CIP system where water and cleaning solutions are used only once before disposal. The cleaning solution is therefore introduced to the plant to be cleaned and recirculated as necessary until the cleaning cycle is complete in the re-use CIP system, saving ownership costs and decreasing waste.
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From 2018 to 2023, the clean-in-place market for the food industry will develop at the greatest CAGR.
Because it's crucial to maintain hygiene and keep machinery and equipment bacteriologically clean, CIP systems are crucial in the food sector. In order to meet the hygiene standards, the equipment used in the food and beverage sector, such as process pipes and vessels, needs to be cleaned often to eliminate residue from prior batches. The rigorous food regulations of American and European nations assist the CIP Market expand in those regions.
From 2018 to 2023, the Clean-in-Place Market in APAC will expand at the greatest CAGR.
During the projected period, the Clean-in-Place Market in APAC is anticipated to develop at the highest CAGR. The demand for CIP systems is increased by the increasingly strict laws governing the production and processing of food, dairy, and pharmaceutical items in nations like China and India. Additionally, the need for processed food, dairy products, drinks, and pharmaceuticals has increased due to the region's constantly expanding population and rising standard of living, which has fueled the expansion of the CIP Market.
Key Players
Several significant competitors in the Clean-in-Place Market include 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).
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