Press release
Growth Opportunities and Recent Development in the Carbonated Beverage Processing Equipment Market
The carbonated beverage processing equipment market is projected to reach a value of USD 7.23 Billion by 2022, at a CAGR of 5.8% from 2017 to 2022. This market is driven by the upgradation of manufacturers to advanced equipment. There is a rising need for automation of new equipment, which is also a major driving factor for this market. Consumer awareness about health issues has been increasing, which is turn in driving the market for health-based CSDs with low calorie, low or zero sugar, natural & healthier ingredients that provide health benefits.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132361671
Heat exchangers is projected to be the fastest growing segment, by equipment type, from 2017 to 2022
A heat exchanger is a device that transfers heat between two liquids that have different temperatures, through separated walls, which prevents fluids from mixing or leaking. Heating is involved at various stages in the carbonated beverage processing industry. The demand for heat exchangers is increasing globally, especially in the Asia-Pacific region, where China is witnessing high demand due to industrial development.
Functional drinks segment holds high potential for the carbonated beverage processing equipment market
Functional drinks consist of energy drinks, fruit-based drinks, and others such as vitamin drinks. The demand for functional drinks is growing at a higher pace due to increase in health awareness. This has resulted an increased preference for carbonated soft drinks which consist of low calories, compelling carbonated soft drink manufacturers to offer innovative products that will cater to the consumers' requirements.
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Significant growth for carbonated beverage processing equipment is observed in the Asia-Pacific region
The improved standard of living of the people due to the rise in the income levels is one of the major factors that is driving the carbonated soft drink market in the Asia-Pacific region. China is a major contributor to the carbonated beverage equipment market. Beverage giants such as PepsiCo Inc. (U.S.) and The Coca-Cola Company (U.S.) have made huge investments in Asian countries. Based on this current scenario, there is a wide market scope for the carbonated beverage processing equipment manufacturers to bring innovative machinery in the market that is efficient enough for faster product output.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such Tetra Laval Group (Switzerland), GEA Group Aktiengesellschaft (Germany), Alfa Laval AB (Sweden), Krones AG (Germany), SPX Flow Inc. (U.S.), and KHS GmbH (Germany).
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