The powder induction and dispersion system market value is expected to rise from USD 2,245 million in 2024 to USD 3,781 million by 2034. Global demand is forecasted to increase at a CAGR of 11% over the next decade.
The industry is projected to assume a substantial pace over the forecast period, driven by demand from multiple end users. Food and beverage players are the top users of powder induction and dispersion systems in their production processes.
PIDSs are used to process ingredients like sugar, modified food starch, vitamin dispersions, salt, spices, etc. Since these systems are effective in eliminating dust creation, their use is crucial for food preservation. Other factors that drive the demand for these systems include enhanced operator safety, consumption of less energy, and reduction in batch times.
The appeal of powder induction and dispersion systems is also increasing due to technological advancements. Automation and digital control software are projected to be used through the forecast period to bring process efficiencies.
Request a Sample of this Report Now Use Work Email To Get Quick Reply!
Key Takeaways from the Powder Induction and Dispersion System Market Report
- The powder induction and dispersion system market is projected to advance at 11% CAGR through 2034.
- The food and beverage segment is predicted to account for a market share of 34% in 2024.
- Based on mixing type, the in-tank mixing is projected to hold a value share of 45% in 2024.
- The United States is anticipated to expand at a 6.9% CAGR.
- China is predicted to record a CAGR of 3.9% over the estimated period.
“Players are strategizing for expansion by partnering, collaborating, and releasing new products. They are also focusing on aftermarket services to increase repeat sales,” says a lead analyst of Future Market Insights (FMI).
Who is Winning?
Leading players like ADMIX INC., Axiflow Technologies, Inc. and IDEX Corporation are increasing their share by adopting strategies like acquisitions, mergers, and new product releases. Participants are also planning to foray into emerging economies with significant growth potential.
Another effective strategic move could be collaborating with peers to develop more efficient and comprehensive solutions for customers. Players are also focusing on aftermarket solutions by providing spare parts and repair services to fulfill customer needs. This strategy also ensures business longevity and customers repeat these services and further recommend the good services. Apart from this, players are expected to provide customization options and retrofit solutions.
Latest Development in the Powder Induction and Dispersion System Market
Admix released an automated dispersion system and powder induction called FastFeed PLC in April 2023. The recent release features automated controls and touchscreen operation to accelerate efficiency and productivity. The product also offers many mechanical benefits.
Get More Valuable Insights
Future Market Insights (FMI), in its new offering, provides a thorough, detailed and unbiased analysis of the global dispersion system and powder induction market, presenting historical demand data for the years 2019 to 2023 and forecast statistics for the years 2024 to 2034.
The study provides compelling industry insights based on application (food and beverages, pharmaceuticals, cosmetic and personal care, and chemicals), and mixing type (in-tank and inline mixing), and process (continuous and batch), across several regions.
Purchase the Full Report for Details Insights
Key Segments of Market Report
By Application:
Based on application, the sector is categorized into food and beverages, pharmaceuticals, cosmetic and personal care, and chemicals.
By Type of Mixing:
The powder induction and dispersion system market segmentation based on mixing type includes in-tank mixing and inline mixing.
By Process:
The industry segments, based on process, include continuous and batch.
By Region:
Analysis has been carried out in key nations of North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact FMI:
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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube