1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 34
1.2.1 STUDY SCOPE 34
1.2.2 YEARS CONSIDERED FOR THE STUDY 35
1.3 CURRENCY 35
1.4 STAKEHOLDERS 35
1.5 LIMITATIONS 36

2 RESEARCH METHODOLOGY 37
2.1 RESEARCH DATA 37
2.1.1 SECONDARY DATA 38
2.1.1.1 Key data from secondary sources 38
2.1.2 PRIMARY DATA 39
2.1.2.1 Key data from primary sources 39
2.1.2.2 Key industry insights 40
2.2 MARKET SIZE ESTIMATION 40
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 42
2.4 RESEARCH ASSUMPTIONS & LIMITATIONS 43
2.4.1 ASSUMPTIONS 43
2.4.2 LIMITATIONS OF THE RESEARCH STUDY 44

3 EXECUTIVE SUMMARY 45
3.1 INTRODUCTION 45
3.1.1 FACTORS DRIVING THE HOMOGENIZERS MARKET 46
3.2 EVOLUTION OF HOMOGENIZERS 46
3.3 STRATEGIES ADOPTED BY LEADING MARKET PLAYERS FROM 2011 TO 2015 48

4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE HOMOGENIZERS MARKET 49
4.2 HOMOGENIZERS MARKET SIZE, BY APPLICATION (USD MILLION) 50
4.3 ASIA- PACIFIC HOMOGENIZERS MARKET, BY COUNTRY & TYPE 50
4.4 COUNTRY WISE GROWTH RATES FROM 2016 TO 2021 51
4.5 EMERGING MARKETS VS. DEVELOPED MARKETS 51
4.6 HOMOGENIZERS MARKET SIZE, BY VALVE TECHNOLOGY, 2015 (USD MILLION) 52


5 MARKET OVERVIEW 53
5.1 INTRODUCTION 54
5.2 EVOLUTION OF HOMOGENIZER MARKET 54
5.3 HOMOGENIZER MARKET SEGMENTATION 55
5.4 MARKET DYNAMICS 56
5.4.1 DRIVERS 56
5.4.1.1 Demand-side analysis 56
5.4.1.1.1 Increasing demand for novel food & beverage products 57
5.4.1.1.2 Increasing demand for homogenizers providing extended shelf life of food products 60
5.4.1.1.3 Growing demand for ultrasonic homogenizers 60
5.4.1.1.4 Increase in the demand from end-user industries 60
5.4.1.2 Supply-side drivers 62
5.4.1.2.1 Research & development on homogenizers and new technologies by homogenizer manufacturers 63
5.4.2 RESTRAINTS 63
5.4.2.1 Demand-side restraints 63
5.4.2.1.1 Heavy capital investment to install homogenizers 64
5.4.3 OPPORTUNITIES 64
5.4.3.1 Homogenizer toll processing provides huge opportunity for the market growth 64
5.4.4 CHALLENGES 64
5.4.4.1 Increasing cost of energy and power 65

6 INDUSTRY TRENDS 66
6.1 INTRODUCTION 66
6.2 MANUFACTURING PROCESS OF HOMOGENIZERS 66
6.3 PORTER’S FIVE FORCES ANALYSIS: HOMOGENIZERS MARKET 68
6.3.1 INTENSITY OF COMPETITIVE RIVALRY 68
6.3.2 BARGAINING POWER OF BUYERS 69
6.3.3 BARGAINING POWER OF SUPPLIERS 69
6.3.4 THREAT OF SUBSTITUTES 70
6.3.5 THREAT OF NEW ENTRANTS 70

7 HOMOGENIZER MARKET, BY TYPE 71
7.1 INTRODUCTION 72
7.1.1 HOMOGENIZERS MARKET, BY TYPE 72
7.1.1.1 Ultrasonic homogenizers segment dominated the homogenizers market in 2015 72
7.2 ULTRASONIC HOMOGENIZERS 73
7.2.1 ULTRASONIC HOMOGENIZERS MARKET, BY APPLICATION 74
7.2.1.1 Pharmaceuticals segment accounted for second-largest share for ultrasonic homogenizers in 2015 74
7.3 PRESSURE HOMOGENIZERS 75
7.3.1 PRESSURE HOMOGENIZERS MARKET, BY TYPE 75
7.3.1.1 High-pressure homogenizers segment dominated the homogenizers market in 2015 75
7.3.2 PRESSURE HOMOGENIZERS MARKET, BY APPLICATION 76
7.3.2.1 Pharmaceuticals segment is projected to grow at the highest CAGR for pressure homogenizers market from 2016 to 2021 76
7.3.3 HIGH-PRESSURE HOMOGENIZERS 77
7.3.4 MID-PRESSURE HOMOGENIZERS 77
7.3.5 LOW-PRESSURE HOMOGENIZERS 77
7.4 MECHANICAL HOMOGENIZERS 78
7.4.1 MECHANICAL HOMOGENIZERS MARKET, BY TYPE 78
7.4.1.1 Rotor-stator homogenizers segment dominated the homogenizers market in 2015 78
7.4.2 MECHANICAL HOMOGENIZERS MARKET, BY APPLICATION 79
7.4.2.1 Food & dairy accounted for the largest market share for mechanical homogenizers in 2015 79
7.4.3 ROTOR-STATOR HOMOGENIZERS 80
7.4.4 BLADE TYPE HOMOGENIZERS 80

8 HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 81
8.1 INTRODUCTION 82
8.2 SINGLE-VALVE ASSEMBLY 83
8.3 TWO-VALVE ASSEMBLY 83
8.3.1 HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 83
8.3.1.1 Two-valve assembly segment dominated the valve technology market in 2015 83

9 HOMOGENIZERS MARKET, BY APPLICATION 85
9.1 INTRODUCTION 86
9.1.1 HOMOGENIZERS MARKET, BY APPLICATION 86
9.1.1.1 Food & dairy segment dominated the homogenizers application globally 86
9.2 FOOD & DAIRY 87
9.3 COSMETICS 89
9.4 PHARMACEUTICAL 90
9.5 BIOTECHNOLOGY 90
9.6 CHEMICAL PROCESSING 91


10 HOMOGENIZERS MARKET, BY REGION 92
10.1 INTRODUCTION 93
10.1.1 HOMOGENIZERS MARKET, BY REGION 94
10.1.1.1 Asia-Pacific dominated the market for homogenizers in 2015 94
10.2 ASIA-PACIFIC 95
10.2.1 ASIA-PACIFIC: HOMOGENIZERS MARKET, BY COUNTRY 97
10.2.1.1 China is projected to be the fastest-growing market from 2016 to 2021 97
10.2.2 ASIA-PACIFIC: HOMOGENIZERS MARKET, BY TYPE 98
10.2.2.1 Pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 98
10.2.3 ASIA-PACIFIC: PRESSURE HOMOGENIZERS MARKET, BY TYPE 99
10.2.3.1 Mid-pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 99
10.2.4 ASIA-PACIFIC: HOMOGENIZERS MARKET, BY APPLICATION 100
10.2.4.1 Food & dairy segment dominated the homogenizers market in Asia-Pacific in 2015 100
10.2.5 ASIA-PACIFIC: HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 101
10.2.5.1 Two-valve assembly segment dominated the valve technology market in Asia-Pacific in 2015 101
10.2.6 CHINA 101
10.2.6.1 China: Homogenizers market, by Type 102
10.2.6.1.1 Pressure homogenizers to dominate the homogenizers market in China by 2021 102
10.2.6.2 China: Pressure Homogenizers market, by type 103
10.2.6.2.1 Mid-pressure homogenizers are projected to grow at the highest rate through 2021 103
10.2.6.3 China: Homogenizers market, by Application 104
10.2.6.3.1 The pharmaceutical application accounted for the second-largest share in China in 2015 104
10.2.7 JAPAN 105
10.2.7.1 Japan: Homogenizers market, by Type 106
10.2.7.1.1 Ultrasonic homogenizers to dominate the market in Japan by 2021 106
10.2.7.2 Japan: Pressure Homogenizers market, by type 107
10.2.7.2.1 Mid-pressure homogenizers are projected to grow at the highest rate through 2021 107
10.2.7.3 Japan: Homogenizers market size, by Application 108
10.2.7.3.1 Pharmaceutical application accounted for the second-largest share in Japan in 2015 108

10.2.8 INDIA 109
10.2.8.1 India: Homogenizers market, by Type 110
10.2.8.1.1 Pressure homogenizers to grow at the highest rate by 2021 110
10.2.8.2 India: Pressure Homogenizers market, by type 111
10.2.8.2.1 Mid-pressure homogenizers dominated the Indian market in 2015 111
10.2.8.3 India: Homogenizers market, by Application 112
10.2.8.3.1 Food & dairy application accounted for the largest share in India in 2015 112
10.2.9 AUSTRALIA 113
10.2.9.1 Australia: Homogenizers market, by Type 114
10.2.9.1.1 Pressure homogenizers to grow at the highest rate by 2021 114
10.2.9.2 Australia: Pressure Homogenizers market, by type 115
10.2.9.2.1 High-pressure homogenizers dominated the Australian market in 2015 115
10.2.9.3 Australia: Homogenizers market size, by Application 116
10.2.9.3.1 Food & dairy application accounted for the largest share in Australia in 2015 116
10.2.10 NEW ZEALAND 117
10.2.10.1 New Zealand: Homogenizers market, by Type 117
10.2.10.1.1 Pressure homogenizers to grow at the highest rate by 2021 117
10.2.10.2 New Zealand: Pressure Homogenizers market, by type 118
10.2.10.2.1 High-pressure homogenizers dominated New Zealand’s market in 2015 118
10.2.10.3 New Zealand: Homogenizers market size, by Application 119
10.2.10.3.1 Pharmaceutical application is projected to grow at the highest rate by 2021 119
10.2.11 SOUTHEAST ASIA 120
10.2.11.1 Southeast Asia: Homogenizers market, by Type 120
10.2.11.1.1 Pressure homogenizers to grow at the highest rate by 2021 120
10.2.11.2 Southeast Asia: Pressure Homogenizers market, by type 121
10.2.11.2.1 High-pressure homogenizers projected to grow at the highest CAGR by 2021 121
10.2.11.3 Southeast Asia: Homogenizers market, by Application 122
10.2.11.3.1 Pharmaceutical application is projected to grow at the highest rate by 2021 122
10.2.12 REST OF ASIA-PACIFIC 123
10.2.12.1 Rest of Asia-Pacific: Homogenizers market, by Type 123
10.2.12.1.1 Pressure homogenizers to grow at the highest rate by 2021 123
10.2.12.2 Rest of Asia-Pacific: Pressure Homogenizers market, by type 124
10.2.12.2.1 High-pressure homogenizers projected to grow at the highest CAGR by 221 124
10.2.12.3 Rest of Asia-Pacific: Homogenizers market, by Application 125
10.2.12.3.1 Pharmaceutical application is projected to grow at the highest rate by 2021 125
10.3 WESTERN EUROPE 126
10.3.1 WESTERN EUROPE: HOMOGENIZERS MARKET, BY COUNTRY 128
10.3.1.1 France is projected to be the fastest-growing market by 2021 128
10.3.2 WESTERN EUROPE: HOMOGENIZERS MARKET, BY TYPE 129
10.3.2.1 Pressure homogenizers segment to grow at the highest rate by 2021 129
10.3.3 WESTERN EUROPE: PRESSURE HOMOGENIZERS MARKET, BY TYPE 130
10.3.3.1 Mid-pressure homogenizers segment projected to grow at the highest rate by 2021 130
10.3.4 WESTERN EUROPE: HOMOGENIZERS MARKET, BY APPLICATION 131
10.3.4.1 Food & dairy segment dominated in Western Europe 131
10.3.5 WESTERN EUROPE: HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 132
10.3.5.1 Two-valve assembly segment dominated the valve technology market in Western Europe 132
10.3.6 GERMANY 132
10.3.6.1 Germany: Homogenizers market, by Type 133
10.3.6.1.1 Ultrasonic homogenizers segment to dominate the in Germany by 2021 133
10.3.6.2 Germany: Pressure Homogenizers market, by type 134
10.3.6.2.1 High-pressure segment projected to grow at the highest rate by 2021 134
10.3.6.3 Germany: Homogenizers market, by Application 135
10.3.6.3.1 Pharmaceutical application accounted for the second-largest share in Germany in 2015 135
10.3.7 FRANCE 136
10.3.7.1 France: Homogenizers market, by Type 136
10.3.7.1.1 Ultrasonic homogenizers segment to dominate the homogenizers market in France by 2021 136
10.3.7.2 France: Pressure homogenizers market, by type 137
10.3.7.2.1 Mid-pressure homogenizers segment projected to grow at the highest rate by 2021 137
10.3.7.3 France: Homogenizers market, by Application 138
10.3.7.3.1 Pharmaceutical application accounted for the second-largest share in France in 2015 138
10.3.1 SPAIN 139
10.3.1.1 Spain: Homogenizers market, by Type 139
10.3.1.1.1 Ultrasonic homogenizers segment to dominate market in Spain by 2021 139
10.3.1.2 Spain: Pressure Homogenizers market, by type 140
10.3.1.2.1 Mid-pressure homogenizers segment projected to grow at the highest rate by 2021 140
10.3.1.3 Spain: Homogenizers market, by Application 141
10.3.1.3.1 Pharmaceutical application accounted for the second-largest share in Spain in 2015 141
10.3.2 BENELUX 142
10.3.2.1 BeNeLux: Homogenizers market, by Type 142
10.3.2.1.1 Ultrasonic homogenizers segment to dominate the market in BeNeLux by 2021 142
10.3.2.2 BeNeLux: Pressure homogenizers market, by type 143
10.3.2.2.1 High-pressure segment projected to grow at the highest rate by 2021 143
10.3.2.3 BeNeLux: Homogenizers market, by Application 144
10.3.2.3.1 Pharmaceutical application accounted for the second-largest share in BeNeLux in 2015 144
10.3.3 SWITZERLAND 145
10.3.3.1 Switzerland: Homogenizers market, by Type 145
10.3.3.1.1 Ultrasonic homogenizers segment to dominate the market in Switzerland by 2021 145
10.3.3.2 Switzerland: Pressure Homogenizers market, by type 146
10.3.3.2.1 High-pressure homogenizers segment projected to grow at the highest rate by 2021 146
10.3.3.3 Switzerland: Homogenizers market, by Application 147
10.3.3.3.1 Pharmaceutical application accounted for the second-largest share in Switzerland in 2015 147
10.4 LATIN AMERICA 148
10.4.1 LATIN AMERICA: HOMOGENIZERS MARKET, BY COUNTRY 149
10.4.1.1 Argentina is projected to be the fastest-growing market by 2021 149
10.4.2 LATIN AMERICA: HOMOGENIZERS MARKET, BY TYPE 150
10.4.2.1 Ultrasonic homogenizers to grow at the highest rate by 2021 150
10.4.3 LATIN AMERICA: PRESSURE HOMOGENIZERS MARKET, BY TYPE 151
10.4.3.1 High-pressure homogenizers are projected to grow at the highest rate by 2021 151
10.4.4 LATIN AMERICA: HOMOGENIZERS MARKET, BY APPLICATION 152
10.4.4.1 Food & dairy dominated the Latin American market, by application 152
10.4.5 LATIN AMERICA: HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 153
10.4.5.1 Two-valve assembly segment dominated the market in Latin America 153
10.4.6 ARGENTINA 153
10.4.6.1 Argentina: Homogenizers market, by Type 155
10.4.6.1.1 Ultrasonic homogenizers to dominate the market in Argentina by 2021 155
10.4.6.2 Argentina: Pressure Homogenizers market, by type 156
10.4.6.2.1 Mid-pressure homogenizers are projected to grow at the highest rate by 2021 156
10.4.6.3 Argentina: Homogenizers market, by Application 157
10.4.6.3.1 Pharmaceutical application accounted for the second-largest share in Argentina in 2015 157
10.4.7 BRAZIL 158
10.4.7.1 Brazil: Homogenizers market, by Type 159
10.4.7.1.1 Pressure homogenizers to grow at the highest rate by 2021 159

10.4.7.2 Brazil: Pressure Homogenizers market, by type 160
10.4.7.2.1 High-pressure homogenizers dominated the Brazilian market in 2015 160
10.4.7.3 Brazil: Homogenizers market, by Application 161
10.4.7.3.1 Food & dairy application accounted for the largest share in Brazil in 2015 161
10.4.8 MEXICO 162
10.4.8.1 Mexico: Homogenizers market, by Type 162
10.4.8.1.1 Ultrasonic homogenizers to grow at the highest rate by 2021 162
10.4.8.2 Mexico: Pressure Homogenizers market, by type 163
10.4.8.2.1 High-pressure homogenizers dominated the Mexican market in 2015 163
10.4.8.3 Mexico: Homogenizers market, by Application 164
10.4.8.3.1 Pharmaceutical application is projected to grow at the highest rate by 2021 164
10.4.9 COLOMBIA 165
10.4.9.1 Colombia: Homogenizers market, by Type 166
10.4.9.1.1 Pressure homogenizers to grow at the highest rate by 2021 166
10.4.9.2 Colombia: Pressure Homogenizers market, by type 167
10.4.9.2.1 High-pressure homogenizers projected to grow at the highest CAGR by 2021 167
10.4.9.3 Colombia: Homogenizers market, by Application 168
10.4.9.3.1 Pharmaceutical application is projected to grow at the highest rate by 2021 168
10.4.10 REST OF LATIN AMERICA 169
10.4.10.1 Rest of Latin America: Homogenizers market, by Type 169
10.4.10.1.1 Ultrasonic homogenizers dominated the market, by type, in 2015 169
10.4.10.2 Rest of Latin America: Pressure Homogenizers market, by type 170
10.4.10.2.1 Mid-pressure homogenizers projected to grow at the second-highest rate by 2021 170
10.4.10.3 Rest of Latin America: Homogenizers market, by Application 171
10.4.10.3.1 Pharmaceutical application accounted for the second-largest share in 2015 171
10.5 NORTH AMERICA 172
10.5.1 NORTH AMERICA: HOMOGENIZERS MARKET, BY COUNTRY 174
10.5.1.1 U.S. is projected to be the fastest-growing market from 2016 to 2021 174
10.5.2 NORTH AMERICA: HOMOGENIZERS MARKET, BY TYPE 174
10.5.2.1 Ultrasonic homogenizers segment is projected to grow at the highest rate from 2016 to 2021 174
10.5.3 NORTH AMERICA: PRESSURE HOMOGENIZERS MARKET, BY TYPE 175
10.5.3.1 High-pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 175

10.5.4 NORTH AMERICA: HOMOGENIZERS MARKET, BY APPLICATION 176
10.5.4.1 Food & dairy segment dominated the homogenizers market in North America in 2015 176
10.5.5 NORTH AMERICA: HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 177
10.5.5.1 Two-valve assembly segment dominated the valve technology market in North America in 2015 177
10.5.6 U.S. 178
10.5.6.1 U.S.: Homogenizers market, by type 178
10.5.6.1.1 Ultrasonic homogenizers segment is projected to dominate the homogenizers market in the U.S. in 2021 178
10.5.6.2 U.S.: Pressure homogenizers market, by type 179
10.5.6.2.1 High-pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 179
10.5.6.3 U.S.: Homogenizers market, by application 180
10.5.6.3.1 Pharmaceuticals segment accounted for the second-largest share in the U.S. in 2015 180
10.5.7 CANADA 181
10.5.7.1 Canada: Homogenizers market, by type 181
10.5.7.1.1 Ultrasonic homogenizers segment is projected to grow at the highest rate from 2016 to 2021 181
10.5.7.2 Canada: Pressure homogenizers market, by type 182
10.5.7.2.1 High-pressure homogenizers segment dominated the Canadian homogenizers market in 2015 182
10.5.7.3 Canada: Homogenizers market, by application 183
10.5.7.3.1 Food & dairy segment accounted for the largest share in Canada in 2015 183
10.6 EASTERN EUROPE 184
10.6.1 EASTERN EUROPE: HOMOGENIZERS MARKET, BY COUNTRY 185
10.6.1.1 Russia is projected to be the fastes-growing market by 2021 185
10.6.2 EASTERN EUROPE: HOMOGENIZERS MARKET, BY TYPE 186
10.6.2.1 Pressure homogenizers segment to grow at the highest rate by 2021 186
10.6.3 EASTERN EUROPE: PRESSURE HOMOGENIZERS MARKET, BY TYPE 187
10.6.3.1 High-pressure homogenizers segment is projected to grow at the highest rate by 2021 187
10.6.4 EASTERN EUROPE: HOMOGENIZERS MARKET, BY APPLICATION 188
10.6.4.1 Food & dairy dominated the application segment in Eastern Europe in 2015 188
10.6.5 EASTERN EUROPE: HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 189
10.6.5.1 Two-valve assembly segment dominated, by valve technology, in Eastern Europe 189
10.6.6 RUSSIA 189
10.6.6.1 Russia: Homogenizers market, by Type 191
10.6.6.1.1 Ultrasonic homogenizers segment to dominate the market in Russia by 2021 191

10.6.6.2 Russia: Pressure Homogenizers market, by type 192
10.6.6.2.1 Mid-pressure homogenizers segment is projected to grow at the highest rate by 2021 192
10.6.6.3 Russia: Homogenizers market, by Application 193
10.6.6.3.1 Pharmaceutical application accounted for the second-largest share in Russia in 2015 193
10.6.7 POLAND 194
10.6.7.1 Poland: Homogenizers market, by Type 194
10.6.7.1.1 Ultrasonic homogenizers segment to dominate the market in Poland by 2021 194
10.6.7.2 Poland: Pressure Homogenizers market, by type 195
10.6.7.2.1 High-pressure homogenizers segment is projected to grow at the highest rate by 2021 195
10.6.7.3 Poland: Homogenizers market, by Application 196
10.6.7.3.1 Pharmaceutical application accounted for the second-largest share in Poland in 2015 196
10.6.8 REST OF EASTERN EUROPE 197
10.6.8.1 Rest of Eastern Europe: Homogenizers market, by Type 197
10.6.8.1.1 Ultrasonic homogenizers segment to dominate the homogenizers market by 2021 197
10.6.8.2 Rest of Eastern Europe: pressure Homogenizers market, by type 198
10.6.8.2.1 High-pressure homogenizers segment is projected to grow at the highest rate by 2021 198
10.6.8.3 Rest of Eastern Europe: Homogenizers market, by Application 199
10.6.8.3.1 Pharmaceutical application accounted for the second-largest share in 2015 199
10.7 NORTHERN EUROPE 200
10.7.1 NORTHERN EUROPE: HOMOGENIZERS MARKET, BY COUNTRY 201
10.7.1.1 U.K. is projected to be the fastest-growing market from 2016 to 2021 201
10.7.2 NORTHERN EUROPE: HOMOGENIZERS MARKET, BY TYPE 202
10.7.2.1 Pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 202
10.7.3 NORTHERN EUROPE: PRESSURE HOMOGENIZERS MARKET, BY TYPE 203
10.7.3.1 Mid-pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 203
10.7.4 NORTHERN EUROPE: HOMOGENIZERS MARKET, BY APPLICATION 204
10.7.4.1 Pharmaceuticals segment is projected to grow at the highest rate in Northern Europe from 2016 to 2021 204
10.7.5 NORTHERN EUROPE: HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 205
10.7.5.1 Two-valve assembly segment dominated the valve technology market in Northern Europe 205
10.7.6 SWEDEN 205
10.7.6.1 Sweden: Homogenizers market, by type 206
10.7.6.1.1 Pressure homogenizers segment is projected to dominate the homogenizers market in Sweden in 2021 206
10.7.6.2 Sweden: Pressure homogenizers market, by type 207
10.7.6.2.1 Mid-pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 207
10.7.6.3 Sweden: Homogenizers market, by application 208
10.7.6.3.1 Pharmaceuticals segment accounted for the second-largest share in Sweden in 2015 208
10.7.7 U.K. 209
10.7.7.1 U.K.: Homogenizers market, by type 209
10.7.7.1.1 Pressure homogenizers segment is projected to dominate the homogenizers market in the U.K. in 2021 209
10.7.7.2 U.K.: Pressure homogenizers market, by type 210
10.7.7.2.1 Mid-pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 210
10.7.7.3 U.K.: Homogenizers market, by application 211
10.7.7.3.1 Pharmaceuticals segment accounted for the second-largest share in the U.K. in 2015 211
10.7.8 DENMARK 212
10.7.8.1 Denmark: Homogenizers market, by type 213
10.7.8.1.1 Pressure homogenizers segment is projected to dominate the homogenizers market in Denmark in 2021 213
10.7.8.2 Denmark: Pressure homogenizers market, by type 214
10.7.8.2.1 High-pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 214
10.7.8.3 Denmark: Homogenizers market, by application 215
10.7.8.3.1 Pharmaceuticals segment accounted for the second-largest share in Denmark in 2015 215
10.7.9 FINLAND 216
10.7.9.1 Finland: Homogenizers market, by type 216
10.7.9.1.1 Pressure homogenizers segment is projected to dominate the homogenizers market in Finland by 2021 216
10.7.9.2 Finland: Pressure homogenizers market, by type 217
10.7.9.2.1 High-pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 217
10.7.9.3 Finland: Homogenizers market, by application 218
10.7.9.3.1 Pharmaceuticals segment accounted for the second-largest share in Finland in 2015 218
10.7.10 NORWAY 219
10.7.10.1 Norway: Homogenizers market, by type 219
10.7.10.1.1 Pressure homogenizers segment is projected to dominate the homogenizers market in Norway in 2021 219
10.7.10.2 Norway: Pressure homogenizers market, by type 220
10.7.10.2.1 Mid-pressure homogenizers segment is projected to grow at the highest rate from 2016 to 2021 220
10.7.10.3 Norway: Homogenizers market, by application 221
10.7.10.3.1 Pharmaceuticals segment accounted for the second-largest share in Norway in 2015 221
10.8 MIDDLE EAST 222
10.8.1 MIDDLE EAST: HOMOGENIZERS MARKET, BY COUNTRY 222
10.8.1.1 Saudi Arabia is projected to be the fastest-growing market by 2021 222
10.8.2 MIDDLE EAST: HOMOGENIZERS MARKET, BY TYPE 223
10.8.2.1 Pressure homogenizers to grow at the highest rate through 2021 223
10.8.3 MIDDLE EAST: PRESSURE HOMOGENIZERS MARKET, BY TYPE 224
10.8.3.1 High-pressure homogenizers are projected to grow at the highest rate through 2021 224
10.8.4 MIDDLE EAST: HOMOGENIZERS MARKET, BY APPLICATION 225
10.8.4.1 Food & dairy application dominated the application segment in the Middle East 225
10.8.5 MIDDLE EAST: HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 226
10.8.5.1 Two valve assembly segment dominated the valve technology market in the Middle East 226
10.8.6 IRAN 226
10.8.6.1 Iran: Homogenizers market, by Type 227
10.8.6.1.1 Pressure homogenizers to grow at the highest rate through 2021 227
10.8.6.2 Iran: Pressure Homogenizers market, by type 228
10.8.6.2.1 High-pressure homogenizers dominated the Iranian homogenizers market in 2015 228
10.8.6.3 Iran: Homogenizers market, by Application 229
10.8.6.3.1 Food & dairy application accounted for the largest share in Iran in 2015 229
10.8.7 UAE 230
10.8.7.1 UAE: Homogenizers market, by Type 230
10.8.7.1.1 Pressure homogenizers to grow at the highest rate through 2021 230
10.8.7.2 UAE: Pressure Homogenizers market, by Type 231
10.8.7.2.1 High-pressure homogenizers dominated the market in UAE in 2015 231
10.8.7.3 UAE: Homogenizers market, by Application 232
10.8.7.3.1 Food & dairy application accounted for the largest share in UAE in 2015 232
10.8.8 SAUDI ARABIA 233
10.8.8.1 Saudi Arabia: Homogenizers market, by type 233
10.8.8.1.1 Ultrasonic homogenizers dominated the Saudi Arabian homogenizers market in 2015 233
10.8.8.2 Saudi Arabia: Pressure Homogenizers market, by Type 234
10.8.8.2.1 High-pressure homogenizers dominated the Saudi Arabian market in 2015 234
10.8.8.3 Saudi Arabia: Homogenizers market, by Application 235
10.8.8.3.1 Pharmaceutical application is projected to grow at the highest rate through 2021 235

10.8.9 REST OF THE MIDDLE EAST 236
10.8.9.1 Rest of the Middle East: Homogenizers market, by Type 236
10.8.9.1.1 Pressure homogenizers to grow at the highest rate through 2021 236
10.8.9.2 Rest of the Middle East: Pressure Homogenizers market, by Type 237
10.8.9.2.1 High-pressure homogenizers dominated the market in 2015 237
10.8.9.3 Rest of the Middle East: Homogenizers market, by Application 238
10.8.9.3.1 Pharmaceutical application is projected to grow at the highest rate through 2021 238
10.9 AFRICA 239
10.9.1 AFRICA: HOMOGENIZERS MARKET, BY COUNTRY 239
10.9.1.1 Angola is projected to be the fastest-growing market by 2021 239
109.2 AFRICA: HOMOGENIZERS MARKET, BY TYPE 240
10.9.2.1 Pressure homogenizers to grow at the highest rate by 2021 240
10.9.3 AFRICA: PRESSURE HOMOGENIZERS MARKET, BY TYPE 241
10.9.3.1 High-pressure homogenizers are projected to grow at the highest rate by 2021 241
10.9.4 AFRICA: HOMOGENIZERS MARKET, BY APPLICATION 242
10.9.4.1 Food & dairy application dominated the application segment in Africa 242
10.9.5 AFRICA: HOMOGENIZERS MARKET, BY VALVE TECHNOLOGY 243
10.9.5.1 Two valve assembly segment dominated the valve technology market in Africa 243
10.9.6 SOUTH AFRICA 243
10.9.6.1 South Africa: Homogenizers Market, by Type 244
10.9.6.1.1 Ultrasonic homogenizers to dominate the market in South Africa by 2021 244
10.9.6.2 South Africa: Pressure Homogenizers market, by Type 245
10.9.6.2.1 High-pressure homogenizers are projected to grow at the highest rate by 2021 245
10.9.6.3 South Africa: Homogenizers market, by Application 246
10.9.6.3.1 Pharmaceutical application accounted for the second-largest share in South Africa in 2015 246
10.9.7 NIGERIA 247
10.9.7.1 Nigeria: Homogenizers market, by Type 247
10.9.7.1.1 Ultrasonic homogenizers to dominate the homogenizers market in Nigeria by 2021 247
10.9.7.2 Nigeria: Pressure Homogenizers market, by Type 248
10.9.7.2.1 High-pressure homogenizers are projected to grow at the highest rate by 2021 248
10.9.7.3 Nigeria: Homogenizers market, by Application 249
10.9.7.3.1 Pharmaceutical application accounted for the second-largest share in Nigeria in 2015 249

10.9.8 ANGOLA 250
10.9.8.1 Angola: Homogenizers market, by Type 250
10.9.8.1.1 Ultrasonic homogenizers to dominate the homogenizers market in Angola by 2021 250
10.9.8.2 Angola: Pressure Homogenizers market, by Type 251
10.9.8.2.1 High-pressure homogenizers are projected to grow at the highest rate by 2021 251
10.9.8.3 Angola: Homogenizers market, by Application 252
10.9.8.3.1 Cosmetic application accounted for the second-largest share in Angola in 2015 252
10.9.9 REST OF AFRICA 253
10.9.9.1 Rest of Africa: Homogenizers market, by Type 253
10.9.9.1.1 Ultrasonic homogenizers to dominate the homogenizers market in Rest of Africa by 2021 253
10.9.9.2 Rest of Africa: Pressure Homogenizers market, by Type 254
10.9.9.2.1 High-pressure homogenizers are projected to grow at the highest rate by 2021 254
10.9.9.3 Rest of Africa: Homogenizers market, by Application 255
10.9.9.3.1 Pharmaceutical application accounted for the second-largest share in Rest of Africa in 2015 255

11 COMPETITIVE LANDSCAPE 256
11.1 OVERVIEW 256
11.2 COMPETITIVE SITUATIONS & TRENDS 258
11.3 KEY GROWTH STRATEGIES, 2011–2016 258
11.3.1 MERGERS & ACQUISITIONS 259
11.3