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Dedham, MA -- The food and beverage industry is showing the largest growth for batch control systems. This industry sector, which still depends on manual operations, is relying increasingly on automation to improve productivity and product quality. That is being closely followed by the pharmaceutical industry. With the approval of electronic batch records and signatures by the FDA in the US, there is now greater incentive for the regulated industries to move to paperless systems.
The worldwide market for batch process control is expected to grow at a Compounded Annual Growth Rate (CAGR) of nearly 6 percent over the next five years. The market, $2,800 million in 2004, is forecasted to be over $3,700 million in 2009, according to a new ARC Advisory Group study, Batch Control System Worldwide Outlook. “The rise of the Asian economies is increasing the demand for packaged foods and beverages, which is leading the demand for batch control in that region,” according to ARC Vice President Asish Ghosh, study’s principal author.
Services Will Dominate the Batch Control Market
Services constitute the largest part of a batch control system, which include integration and maintenance services provided by control system suppliers, and third party services provided by system integrators and other independent agents. Integration services provided by suppliers will show the largest growth, closely followed by third party services.
FDA’s PAT Initiative Will Fuel Growth in Pharmaceutical and Biotech Industries
The Process Analytical Technology (PAT) initiative underway within the FDA aims to encourage the concepts of quality by design, use of computerized data gathering and evaluation techniques, and process and product monitoring methods through advanced instrumentation and data evaluation. ARC feels that the PAT initiative is going to have a significant effect on drug manufacturing and the validation process. It will lead to the storage and analysis of a much larger amount of batch data than what is required today. Accurate time stamping and the security of the stored data will become increasingly important along with their automated analysis. Optimization of current and future lots based on the analysis of these data will also become increasingly important.
Asian Market Will Provide Impetus to Growth
The manufacturing industry in Asia has entered a rapid growth phase with China in the lead. The people of Asia, with changing demographics and lifestyles, are creating a massive demand for life science products. In response, the food, beverage, and pharmaceutical industries are growing. Many countries such as China, India, and Singapore in the region are focusing on setting up pharmaceutical facilities to produce bulk drugs and generics.
For more information, please visit our Studies Section.
Founded in 1986, ARC Advisory Group has grown to become the Thought Leader in Manufacturing and Supply Chain solutions. No matter how complex your business issues, our analysts have the expert industry knowledge and first-hand experience to help you find the best answer. We focus on simple yet critical goals: improving your return on assets, operational performance, total cost of ownership, project time-to-benefit, and share holder value.
Further information can be obtained from:
ARC
Three Allied Drive
Dedham, MA 02026
Telephone: 781-471-1000
Fax: 781-471-1100
Email: info@arcweb.com
Web site: http://www.arcweb.com/
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