Infinium Global Research Homogenizers Market | Page 3
Homogenizers Market: Trends and Forecast -2024
Also, shift from traditional homogenizing equipment’s to automated homogenizing
equipment, particularly in developing countries to fuel growth in homogenizers
market. However, 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
On the basis of technology type, pressure homogenizer’s type is estimated to grow
at the highest CAGR during the forecast period, 2018-2024. Pressure homogenizers
are widely used for emulsifying food & dairy and pharmaceutical products. The
growing pharmaceutical and food & dairy industry is likely to augment growth in
the pressure homogenizer’s products. Furthermore, on the basis of end-use
industries food & dairy industry is expected to have largest market share in 2017
and is expected to showcase its dominance during the forecast period, owing to
growing consumption of food products and changing consumer lifestyle.
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 Asia pacific region
owing to growing adoption towards packaged foods, rising disposable income and
increased spending behavior.
Segment Covered
The report on global homogenizers market covers segments such as, technology
type, function type, valve type and end-user. On the basis of technology type the
global homogenizers market is categorized into ultrasonic homogenizer, pressure
homogenizer, mechanical homogenizer and bead mill homogenizer. On the basis of
function type the global homogenizers market is categorized into manual and
automated. On the basis of valve type the global homogenizers market is
categorized into single valve assembly and dual valve assembly. On the basis of
End-User the global homogenizers market is categorized into pharmaceuticals,
cosmetics & personal care, food & diary, chemical processing, biotechnology and
others.
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