Water is one of the basic necessities in the food and beverages industry as it serves the retail, food manufacturing, hospitality, agriculture, and institutional sectors. The Europe Food Service Water Treatment market is burgeoning at a high rate on account of surging need for water in the food industry and rising health and environment concern regarding the quality process in the food and beverage industry. Moreover, growing concerns about water supply and water quality in the food industry and laying down of stringent law by European Environment Committee (EEC) on food and beverage companies to adopt advanced water treatment techniques are projected to lead to a positive impact toward the growth of the market in the forecast period.
According to MarkNtel Advisors’ research report titled “Europe Food Service Water Treatment Market Analysis, 2020”, the Europe Food Service Water Treatment market is anticipated to grow at a CAGR of 6% during 2020-25. Based on Type, the Drinking water system segment acquired the majority market share in the Europe Food Service Water Treatment market in 2019 on account of booming population and increasing water scarcity problems in the countries such as Belgium, Italy, Greece, Spain, and Portugal. Across Europe, drinking water is supplied to the food industry comes from public supplies and needs to adhere to strict regulations laid down by the government.
The water supplied to the industry should meet drinking water standards and should be safe to be used in food production and for human consumption. Thus, to meet the water demand, government is increasingly investing into water-related infrastructure which is projected to fuel the demand for drinking water system in the region in the coming years.
“Europe Food Service Water Treatment Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and growth opportunities available for Food Service Water Treatment providers across the region. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
Reverse Osmosis Segment Dominated the Market
Based on Technology, Reverse Osmosis (RO) segment dominated the market in 2019. RO technology is safe and cost-effective and also removes 99% of contaminants from water such as dissolved solids, bacteria, and pyrogens, making it safe for consumption. Due to which, the RO technology is widely deployed in food & beverage industry for water purification in various functions of production and also to meet health standards specified by regulatory boards. Thus, these factors are projected to upsurge the growth of the market in the forthcoming period as stated in MarkNtel Advisors’ research report “Europe Food Service Water Treatment Market Analysis, 2020”.
According to MarkNtel Advisors, the key players with a considerable market share in the Europe Food Service Water Treatment market are Honeywell, Pentair, Panasonic, Unilever, 3M, Culligan etc.
Key questions answered in the study: