According to a research report "Membrane Filtration Market by Application (Dairy Products, Drinks & Concentrates, Wine & Beer), Module Design (Spiral Wound, Tubular Systems, Plate & Frame and Hollow Fiber), Type, Membrane Material & Region - Global Forecast to 2027" published by MarketsandMarkets, the global Membrane filtration market estimated at USD 16.1 billion in 2022. It is projected to reach USD 22.1 billion by 2027, recording a CAGR of 6.5% during the forecast period. Developing, as well as developed economies in countries such as UK, India, Chia, and US are regulating the packaged drinking water, thereby focusing on utilization of membrane filtration technology. Plus, the growing alcoholic beverage consumption in developing countries could act as a driving factor for the membrane filtration market growth, as distilling alcohol uses reverse osmosis.