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Clean-in-Place Market Revenue, Major Players and Forecast To 2023

Clean-in-Place Market by System Type (Single-Use and Reuse CIP Systems), Offering (Single-Tank Systems; Two-Tank Systems; Multi-Tank Systems), End-User Industry (Food; Dairy; Pharmaceuticals), and Geography - Global Forecast to 2023

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Clean-in-Place Market Revenue, Major Players and Forecast To 2023

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  1. MarketsandMarkets Presents The Clean-in-Place Market by System Type (Single-Use and the "Clean- in-Place Market is expected to grow from USD 7.5 billion in 2018 to USD 15.4 billion by 2023, at a CAGR of 15.49%. The growth of this market is mainly driven by several factors, such as advantages of CIP systems in various applications, increased use of CIP systems in the pharma industry, and high demand for processed and convenience food and dairy products, as well as for beverages.

  2. MarketsandMarkets Presents Reuse CIP systems to hold largest share of Clean-in-Place Market by 2023 Reuse CIP systems accounted for the largest share of the Clean-in-Place Market in 2018, and the market for reuse CIP systems is expected to grow at a higher CAGR from 2018 to 2023. Unlike the single-use CIP system where water and cleaningsolutions are used only once before disposal, the reuse system recirculates cleaning detergents and water from a previous cycle to be reused in the following cycle’s pre-rinse step. Thus, in the re-use CIP system, the cleaning solution is introduced to the plant to be cleaned and recirculated as required until the cleaning cycle is complete, thereby saving ownership cost and reducing wastage.

  3. MarketsandMarkets Presents Clean-in-Place Market for food industry to grow at highest CAGR from 2018 to 2023 CIP systems play an important role in the food industry because it is very important to maintain hygiene and keep machinery and equipment bacteriologically clean. The equipment used in the food & beverages industry such as process piping, and vessels require frequent cleaning to remove residue from previous batches and sanitize both process piping and vessels to meet the hygiene requirements. The food standards in American and European countries are very strict, thereby helping the CIP Market to grow in the regions. Get PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=172 378410

  4. MarketsandMarkets Presents Clean-in-Place Market in APAC to grow at highest CAGR from 2018 to 2023 The Clean-in-Place Market in APAC is expected to grow at the highest CAGR during the forecast period. Increasing stringent regulations pertaining to the production and processing of food, dairy, and pharma products in countries such as China and India boost the demand for CIP systems. Also, ever-growing population and increasing disposable income in APAC countries have led to the increase in the demand for processed food, dairy products, beverages, and pharma products, which, in turn, has propelled the growth of the CIP Market in this region.

  5. MarketsandMarkets Presents Key Players Tetra Pak International (Switzerland), GEA Group (Germany), Sani- Matic (US), Alfa Laval (Sweden), SPX FLOW (US), Krones AG (Germany), KHS GmbH (Germany), Melegari Manghi (Italy), Centec GmbH (Germany), and Millitec Food Systems (UK) are among a few major players in the Clean-in-Place Market. Browse For More Details - https://www.marketsandmarkets.com/Market-Reports/clean-in- place-market-172378410.html

  6. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

  7. MarketsandMarkets Presents Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: https://www.marketsandmarkets.com Content Source: https://www.marketsandmarkets.com/PressReleases/clean-in- place.asp

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