Clean in Place Market: An Array Of Graphics And SWOT Analysis Of Major Industry Segments 2019 - 2027
The global clean-in-place market was valued at US$ 7,435.3 Mn in 2018 and is anticipated to register a stable CAGR of 15.7% from 2019 to 2027, according to a new research report published by Transparency Market Research (TMR) titled ‘Clean-in-place Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.’ Growing adoption in food and pharmaceutical industries, advantages offered by multi-tank CIP systems, rising adoption of automated CIP, and technological innovations drive the global clean-in-place market. The market in North America is expanding at a significant CAGR of 16.9%, owing to numerous technological innovations and growing concerns about hygiene in the food industry. Growing Adoption in Food and Pharmaceutical Industries to Drive Market Industries that rely heavily on CIP are those that require high levels of hygiene, such as food and pharmaceutical industries. CIP systems play an important role in the food industry, as it is...