Advanced instrumentation technologies provide versatility in food and beverage applications
As more advanced instruments are available with hygienic configurations, processors find new ways to use these capabilities to improve plant performance
In the food and beverage industry, any process instrument used for temperature, pressure, flow or level measurement that contacts product must meet hygienic requirements designed to provide cleanable surfaces and avoid areas capable of retaining contaminants or facilitating bacteria growth. These rules exist for good reason, but until recently machinery and process designers had to settle for workable but basic instrumentation due to the limited configurations available for meeting sanitary requirements.
Read More ...
$9.3 Billion Worldwide Chromatography Instruments Industry to 2027 - Impact of COVID-19 on the Market
Dublin, May 21, 2021 (GLOBE NEWSWIRE) -- The "Chromatography Instruments - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Chromatography Instruments estimated at US$9.3 Billion in the year 2020, is projected to reach a revised size of US$13.8 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027.
Systems, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$5.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Detectors segment is readjusted to a revised 5.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.5 Billion, While China is Forecast to Grow at 8.8% CAGR
The Chromatography Instruments market in the U.S. is estimated at US$2.5 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2027 trailing a CAGR of 8.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Read More ...
