Degassing Valves Market is projected to expand at a CAGR of 4.9% during the forecast period 2022-2031

Press Release from Future Market Insights

The global degassing valve market is anticipated to reach US$ 140 Mn in 2022, according to a recent market report by Future Market Insights (FMI). Sales will reach US$ 215.7 Mn in 2031 thanks to a 4.9% CAGR in growth.

Degassing valves are used to release/remove the air and carbon dioxide from a variety of bags and pouches. These valves retain the quality, freshness, and aroma of food like coffee, dairy goods, pet food, etc. thanks to their remarkable functionality.

Get Sample of the Report :  https://www.futuremarketinsights.com/reports/sample/rep-gb-14239

With their degassing mechanism, these valves have brought about a significant change in the way coffee and other food products are packed and transported. The introduction of flexible packaging is also expected to boost sales of degassing valves over the assessment period.

Factors such as rising consumption of coffee among millennials and increasing import and export of coffee products worldwide are key factors driving the degassing valves market.

Degassing valves are available with or without a filter. Both types have their own mechanism and functionality. Degassing valves with integrated filters are mostly suitable for powdered food and coffee products. The filter can prevent small powder particles from getting into the degassing valve.

Leading manufacturers operating in the market are providing valves with filters to fulfil the precise requirements of brand owners. The addition of these filters enables manufacturers to offer degassing valves for both coffee bean and powdered coffee packaging.

Surging demand for degassing valves with integrated filter mechanism among the small as well as leading coffee brand owners is expected to complement the growth of the market over the assessment period.

Key  Learnings:
  • Through  2031,  the  filter  integrated  valves  segment  is  anticipated  to  hold  a  75%  market  share  by  product  type.
  • PE  (Polyethylene)  will  become  the  most  popular  material  for  making  degassing  valves  based  on  material  type. 
  • During  the  forecast  period,  the  segment  is  expected  to  present  an  additional  potential  worth  US$38.0  Mn.
  • In  2022,  it  is  anticipated  that  North  America  and  Europe  would  represent  52.0%  of  the  degassing  valve  market  share.
 “According  to  the  FMI  analyst,  “increasing  coffee  commerce  and  consumption  in  developing  regions,  as  well  as  the  introduction  of  flexible  coffee  packaging  to  preserve  the  freshness  of  these  items,  will  continue  boosting  sales  over  the  projected  period.”

Request Customization of the report @  https://www.futuremarketinsights.com/customization-available/rep-gb-14239

Degassing Valve Market By Category

Product Type:

  • Filter Integrated Valves
  • Non-Filter Integrated Valves

Material:

  • PE Valves
  • PP Valves
  • Bio-based
  • Silicone

Packaging Format:

  • Bags
  • Pouches

End Use:

  • Coffee
  • Dairy
  • Pet Food
  • Fermented Food

Purchase the Report :  https://www.futuremarketinsights.com/checkout/14239

Competition Landscape

CCL Industries, Goglio SpA, Fres-co System USA, Inc are the top players operating in the global degassing valve market. Furthermore, TricorBraun Flex, Plitek Valves Inc., Syntegon Technology GmbH, FLAIR Flexible Packaging Corporation, Layfield Group. Ltd., Amcor plc are among the leading players operating in the market.

The Tier 3 players in the market hold  35-45%  in the global degassing valve market. In conclusion, key players contribute almost 55-65% of the global degassing valve market.

Leading players operating in the global degassing market are investing in research and development to develop flexible packaging solutions for coffee and other products. In addition to this, players are investing in mergers, acquisitions, and collaborations to gain a competitive edge in the market.

Key Companies Profiled

  • CCL Industries
  • Syntegon Technology GmbH
  • FLAIR Flexible Packaging Corporation
  • Goglio SpA
  • Amcor plc
  • Plitek Valves Inc
  • TricorBraun Flex
  • Wipf Holding AG
  • Tungyi Hardware Co., Ltd
  • Fres-co System USA
  • UrthPact, LLC
About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedInTwitterBlogs
For Sales Enquiries: [email protected]
For Media Enquiries: [email protected]
Website: https://www.futuremarketinsights.com

Companies Mentioned in this Press Release: