Hygienic Pumps and Valves Global Market Opportunities and Strategies to 2033

This report describes and explains the hygienic pumps and valves market and covers 2018-2023, termed the historic period and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.

The global hygienic pumps and valves market reached a value of nearly $2.1 billion in 2023, having grown at a compound annual growth rate (CAGR) of 4.8% since 2018. The market is expected to grow from $2.1 billion in 2023 to $2.9 billion in 2028 at a rate of 6.2%. The market is then expected to grow at a CAGR of 6.7% from 2028 and reach $4 billion in 2033.

Growth in the historic period resulted from the growth in the manufacturing industries, the increase in demand from the pharmaceutical industry and increasing disposable income. Factors that negatively affected growth in the historic period were stringent regulations and high costs.

Going forward, the growing food and beverages industry, increasing demand from the personal care industry, strong economic growth and an increase in urbanization and population will drive the market. Factors that could hinder the growth of the hygienic pumps and valves market in the future include fluctuations in raw material prices.

The hygienic pumps and valves market is segmented by application into dairy, processed food, alcoholic beverage, non-alcoholic beverage, pharmaceutical and other applications. The processed food market was the largest segment of the hygienic pumps and valves market segmented by application, accounting for 30.4% or $645.4 million of the total in 2023. Going forward, the pharmaceutical segment is expected to be the fastest growing segment in the hygienic pumps and valves market segmented by application, at a CAGR of 7.4% during 2023-2028.

The hygienic pumps and valves market is segmented by type into hygienic pumps and hygienic valves. The hygienic pumps market was the largest segment of the hygienic pumps and valves market segmented by type, accounting for 77.8% or $1.6 billion of the total in 2023. Going forward, the hygienic valves segment is expected to be the fastest growing segment in the hygienic pumps and valves market segmented by type, at a CAGR of 7.5% during 2023-2028.

The hygienic pumps market is segmented by pump type into dynamic pump and positive displacement pump. The dynamic pump market was the largest segment of the hygienic pumps market segmented by pump type, accounting for 66.3% or $1.1 billion of the total in 2023. Going forward, the positive displacement pump segment is expected to be the fastest growing segment in the hygienic pumps market segmented by pump type, at a CAGR of 6.5% during 2023-2028.

The hygienic pumps and valves market is segmented by hygiene class into aseptic, standard and ultraclean. The standard market was the largest segment of the hygienic pumps and valves market segmented by hygiene class, accounting for 49.9% or $1.1 billion of the total in 2023. Going forward, the ultraclean segment is expected to be the fastest growing segment in the hygienic pumps and valves market segmented by hygiene class, at a CAGR of 7.4% during 2023-2028.

The hygienic valves market is segmented by valve type into single-seat valves, double-seat valves, butterfly valves, diaphragm valves, control valves and other valve types. The single-seat valves market was the largest segment of the hygienic valves market segmented by valve type, accounting for 36.9% or $173.7 million of the total in 2023. Going forward, the double-seat valves segment is expected to be the fastest growing segment in the hygienic valves market segmented by valve type, at a CAGR of 9.4% during 2023-2028.

The hygienic pumps and valves market is segmented by material type into stainless steel, copper, bronze and other materials. The stainless steel market was the largest segment of the hygienic pumps and valves market segmented by material type, accounting for 75.1% or $1.6 billion of the total in 2023. Going forward, the copper segment is expected to be the fastest growing segment in the hygienic pumps and valves market segmented by material type, at a CAGR of 7.7% during 2023-2028.

North America was the largest region in the hygienic pumps and valves market, accounting for 34.7% or $737.1 million of the total in 2023. It was followed by Asia-Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the hygienic pumps and valves market will be Asia-Pacific and South America, where growth will be at CAGRs of 8.1% and 6.3% respectively. These will be followed by Eastern Europe and North America, where the markets are expected to grow at CAGRs of 5.6% and 5.4% respectively.

The global hygienic pumps and valves market is fragmented, with a large number of players operating in the market. The top ten competitors in the market made up to 15.81% of the total market in 2022. Alfa Laval AB was the largest competitor with 4.74% share of the market, followed by GEA Group AG with 3.74%, SPX FLOW, Inc. with 1.50%, KSB SE & Co. KGaA with 1.36%, Dover Corporation with 1.30%, Bürkert GmbH & Co. KG with 0.84%, ITT Inc. with 0.75%, Gemu Group with 0.61%, Bardiani Valvole SpA with 0.50% and Samson AG with 0.46%.

The top opportunities in the hygienic pumps and valves market segmented by type will arise in the hygienic pumps segment, which will gain $540.5 million of global annual sales by 2028. The top opportunities in the hygienic pumps market segmented by pump type will arise in the dynamic pumps segment, which will gain $334.8 million of global annual sales by 2028. The top opportunities in the hygienic pumps and valves market segmented by hygiene class will arise in the standard segment, which will gain $324.8 million of global annual sales by 2028. The top opportunities in the hygienic pumps and valves market segmented by application will arise in the processed food segment, which will gain $246.7 million of global annual sales by 2028. The top opportunities in the hygienic valves market segmented by valve type will arise in the single-seat valves segment, which will gain $63.2 million of global annual sales by 2028. The top opportunities in the hygienic pumps and valves market segmented by material type will arise in the stainless steel segment, which will gain $539.8 million of global annual sales by 2028. The hygienic pumps and valves market size will gain the most in the USA at $191.2 million.

Market-trend-based strategies for the hygienic pumps and valves market include innovative pumping solutions to address specific market needs, introduction of electric-operated double diaphragm pumps to increase efficiency and development of advanced double-seat valves for enhanced product safety.

Player-adopted strategies in the hygienic pumps and valves market include focus on expanding business through new product developments and new product launches to strengthen product portfolio.

To take advantage of the opportunities, the analyst recommends the hygienic pumps and valves companies to focus on innovative pumping solutions, focus on electric-operated double diaphragm pumps, focus on advanced double-seat valves, focus on positive displacement pumps segment, focus on aseptic and ultraclean segments, focus on double-seat and single-seat valves segments, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions and focus on pharmaceutical and dairy application segments.