Future of Executive Summary Water Pumps for Food & Beverage Industry: Key Dynamics, Size & Share Analysis
The Global Water Pumps for Food & Beverage Industry size was valued at around USD 3.61 billion in 2024 and is projected to reach USD 4.56 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.7% during the forecast period, i.e., 2025-30. The Global Water Pumps for Food & Beverage Industry is driven by the surge in the demand for processed food and aerated drinks. Primarily, the rapid adoption of automation in the manufacturing industries especially in food and beverages leads to the demand for advanced pumping systems. The automated pumps help to lower the cost of production by saving labor costs and reducing the wastage of water.