USA Degassing Valves Market is projected to expand by 1.5x its current value by 2031 with incremental opportunity of US$ 13.4 Million

Degassing Valves Market

As per a recent market analysis by Future Market Insights (FMI), the global degassing valve market size is projected to top US$ 140 Mn in 2022. With sales growing at a 4.9% CAGR, the market size will total US$ 215.7 Mn in 2031.

Degassing valves are used for emitting/degassing the carbon dioxide and air inside various bags and pouches. With their exceptional functionality, these valves maintain the freshness, aroma, and quality of food such as coffee, dairy products, pet food, etc.

For More Insights on this Market, Get A Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14239

With their degassing mechanism, these valves have brought about a significant change in the way coffee and other food products are packed and transported. The introduction of flexible packaging is also expected to boost sales of degassing valves over the assessment period.

Factors such as rising consumption of coffee among millennials and increasing import and export of coffee products worldwide are key factors driving the degassing valves market.

Degassing valves are available with or without a filter. Both types have their own mechanism and functionality. Degassing valves with integrated filters are mostly suitable for powdered food and coffee products. The filter can prevent small powder particles from getting into the degassing valve.

Leading manufacturers operating in the market are providing valves with filters to fulfil the precise requirements of brand owners. The addition of these filters enables manufacturers to offer degassing valves for both coffee bean and powdered coffee packaging.

Surging demand for degassing valves with integrated filter mechanism among the small as well as leading coffee brand owners is expected to complement the growth of the market over the assessment period.

Key Takeaways:

  • By product type, the filter integrated valves segment is projected to account for 3/4th of the total market share through 2031.
  • Based on material type, PE (Polyethylene) will emerge as the most preferred material for degassing valves production. The segment is projected to offer an incremental opportunity of US$ 38.0 Mn during the forecast period.
  • Collectively North America and Europe are projected to hold around 52.0% of the degassing valve market share in 2022.

“Increasing consumption and trade of coffee in developing regions, along with the introduction of flexible coffee packaging to maintain the freshness of these products will continue pushing sales over the forecast period,” says the FMI analyst.

Get In Touch With Our Team For a 20% Flat Discount

Degassing Valve Market By Category

Product Type:

  • Filter Integrated Valves
  • Non-Filter Integrated Valves

Material:

  • PE Valves
  • PP Valves
  • Bio-based
  • Silicone

Packaging Format:

  • Bags
  • Pouches

End Use:

  • Coffee
  • Dairy
  • Pet Food
  • Fermented Food

Competition Landscape

CCL Industries, Goglio SpA, Fres-co System USA, Inc are the top players operating in the global degassing valve market. Furthermore, TricorBraun Flex, Plitek Valves Inc., Syntegon Technology GmbH, FLAIR Flexible Packaging Corporation, Layfield Group. Ltd., Amcor plc are among the leading players operating in the market.

The Tier 3 players in the market hold 35-45% in the global degassing valve market. In conclusion, key players contribute almost 55-65% of the global degassing valve market.

Purchase the Report@ https://www.futuremarketinsights.com/checkout/14239

Leading players operating in the global degassing market are investing in research and development to develop flexible packaging solutions for coffee and other products. In addition to this, players are investing in mergers, acquisitions, and collaborations to gain a competitive edge in the market.

Key Questions Answered in the Report:

(1) What are the growth opportunities for the new entrants in the Global Degassing Valves industry?

(2) Who are the leading players functioning in the Global Degassing Valves marketplace?

(3) What are the key strategies participants are likely to adopt to increase their share in the Global Degassing Valves industry?

(4) What is the competitive situation in the Global Degassing Valves market?

(5) What are the emerging trends that may influence the Global Degassing Valves market growth?

(6) Which product type segment will exhibit high CAGR in future?

(7) Which application segment will grab a handsome share in the Global Degassing Valves industry?

(8) Which region is lucrative for the manufacturers?

ABOUT FUTURE MARKET INSIGHTS, INC.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse latest Market Reports: https://www.futuremarketinsights.com/reports

Leave a comment

Your email address will not be published. Required fields are marked *