The global food and beverage homogenizers market is forecasted to grow at a CAGR (compound annual growth rate) of 5.68 percent during the period 2017-2021, according to a report prepared by Technavio.
The report covers the present scenario and the growth prospects of the global food and beverage homogenizers market for 2017-2021. To calculate the market size, the report considers the number of stages as single-stage homogenizers and two-stage homogenizers.
The market is divided into the following segments based on geography:
Technavio's report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The global homogenizer market is driven by the growing demand for homogenizers in pharmaceutical companies and the growing food and beverage industry globally. The homogenization process forms a critical aspect of these industries, and several governments are allowing foreign direct investment (FDI) to come in through the setting up of manufacturing plants and SEZs (special economic zones).
A homogenizer is an equipment used for the homogenization of various types of material to produce suspensions, emulsions, and other products. Homogenization is the process of reducing particle sizes of products, such as fruit juices, jam, ice-cream, food additives, wine, and others under extreme pressure, turbulence, and shear stress for improving the stability and texture of the products. The liquid products are passed through a homogenizing valve at very high pressure.