Homogenizers Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024. The global homogenizers market is projected to grow at a CAGR of 4.3% over the forecast period of 2018-2024.
Pune, India -- (SBWIRE) -- 05/19/2020 -- Infinium Global Research has recently published a global report on "Homogenizers Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024." According to report the global homogenizers market is projected to grow at a CAGR of 4.3% over the forecast period of 2018-2024.
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Food & Dairy, Pharmaceuticals, Cosmetics & Personal, Chemical Processing Growth in These Industries
Homogenizers are used in diverse end-use industries such as food & dairy, pharmaceuticals, cosmetics & personal, chemical processing, and many others. The growth in these industries is likely to drive the homogenizers market. Among these end-use industries, there is a considerable demand for homogenizers from the food & dairy industry, as food & dairy manufacturers are incorporating homogenization techniques in their product manufacturing process as it offers several advantages such as the introduction of new categories of product and better use of existing products. It also helps in reducing the microbiological activity and increases the shelf life of a product.
Rising Disposable Income Among the Middle-Class Population to Generate Opportunity
Also, the shift from traditional homogenizing equipment's to automated homogenizing equipment, particularly in developing countries to fuel growth in the homogenizers market. However, the high cost of homogenizing equipment is anticipated to obstruct the growth of the homogenizer market. Furthermore, rising disposable income among the middle-class population to generate opportunity for the retail food market that would further increase the requirement for homogenizer products.
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Asia Pacific is Expected to Have the Largest Market Share
On the basis of Geography, Asia Pacific is expected to have the largest market share in 2017 and is expected to hold the highest market share during the forecast period, 2018-2024. The emerging economies such as India and China is expected to contribute heavily for the growth of the homogenizers market in the Asia Pacific region owing to growing adoption towards packaged foods, rising disposable income and increased spending behavior.
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Homogenizers Market Coverage
Chapter -1. Preface
Chapter -2. Executive Summary
Chapter -3. Global Homogenizers Market Overview
=> Market Dynamics
=> Porter's Five Forces Analysis
=> IGR-Growth Matrix Analysis
=> Competitive Landscape in the Global Homogenizers Market
Chapter -4. Global Homogenizers Market by Technology Type
=> Ultrasonic Homogeniz
=> Pressure Homogenizer
=> Mechanical Homogenizer
=> Bead Mill Homogenizer
Chapter -5. Global Homogenizers Market by Function Type
Chapter -6. Global Homogenizers Market by Valve Type
=> Single Valve Assembly
=> Dual Valve Assembly
Chapter -7. Global Homogenizers Market by End-User
=> Cosmetics & Personal Care
=> Food & Diary
=> Chemical Processing
Chapter -8. Global Homogenizers Market by Region 2018-2024
=> North America
Chapter -9. Company Covered
=> Krones AG
=> GEA Group
=> Sonic Corporation
=> Avestin Inc.
=> SPX Corporation
=> PHD Technology International LLC
=> Ekato Holding GmbH
=> Goma Engineering Pvt. Ltd
=> BOS Homogenizers B.V.
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