North America has the highest depth filtration market share. It is primarily due to rising demand in the food & beverages applications. Depth filters are widely used in the food and beverage industry's manufacturing facilities for performing several operations such as separation, concentration and purification of specific macromolecules, remove particles, submicron particles, colloidal material, and soluble material. The depth filtration systems use particular media for high levels of contaminant removal in the beverage industry
Depth filtration by type is segmented into filter sheets, filter modules and filter housing. Among these filter modules, segment has the highest market share in the North American region, primarily owing to rising demand for depth filtration in several leading food and beverages such as soft drinks, tea, fruit juices due for carrying out filtration activity. For instance, as per the Sustainability Accounting Standards Board report in 2015, ready-to-drink juices and tea production generates over US$ 21 billion in revenue annually. In contrast, annual revenue generated by soft drinks and bottled water reached US$ 20.4 billion and US$ 8.5 billion every year in the United States. Thus it created a massive demand for the growth of the depth filtration market
Further growing investment by the leading food and beverages manufacturers in the North America region due to growing packaged drinks consumption drives the depth filtration market's growth. For instance, in 2019, more than 70 new food and beverages projects expansion will be planned in North America by the leading players such as Coca-Cola, PepsiCo etc.
Further in 2019, Metro Inc., a Canadian food retailer, announced the largest investment of more than US$ 420 million for the construction of a 600,000 square-foot distribution center in Terrebonne, Quebec, Canada. Also, in the first quarter of 2019, Coca-Cola invested around US$ 300 million for the food processing and distribution center by constructing the one-million-square-foot area in Brandon, Florida
In addition to this, in 2019, Red Bull, one of the leading energy drink manufacturers, planned to expand its production capabilities in North America to construct a 700,000 square-foot distribution center in Glendale, Arizona. The plant expansion has planned to complete by 2021
Nor-Cal Beverage North America’s beverage bottling and distribution company also planned to construct a 422,000-square-foot warehouse and distribution facility in West Sacramento, California, United States. Thus such massive investment in the North American region by the leading food and beverage companies have propelled the depth filtration market.
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