F&B sector to invest $1.5 billion on pumps

The implementation of the Food Safety Modernisation Act (FSMA) is expected to support the adoption of pumps in the food and beverage industry for production, collection, processing and packaging. Its effect will be different across the value-chain, and pump manufacturers must be made aware of the challenges to realise market potential.

Frost & Sullivan has prepared a thorough report on this subject, entitled FDA Regulation and Its Impact on the Pump Market. According to this report, the food and beverage industry will spend over $1.5 billion on pumps in the next three years.  The demand is rising since the FSMA holds food processors responsible for contamination-prevention in sanitary applications, according to Sakthi Sobana Pandian, Industrial Frost & Sullivan’s Automation & Process Control research analyst. “Since large businesses are already compliant and the FSMA's influence on them will be minimal, focus will shift to small and medium businesses.”

The analyst further says that smaller companies may take food safety requirements seriously, but certain issues like cost and lack of awareness of regulatory requirements could be setbacks. Pandian also said there is a need to raise product awareness. At the same time, innovation is also vital. Makers of pumps are encouraged to partner with equipment providers to be up-to-date on frequently modified processes. Smaller pump companies can also work with small and medium businesses to customise product solutions and provide added value.

“Sales and distribution strategies for pumps must vary for different customer tiers,” Pandian said. “In fact, a tiered strategy fitting the needs for this regulated industry will help seize the opportunities in this dynamic landscape.”

To order the report, email Liz Clark, Corporate Communications, at liz.clark@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.