Beverage Processing Equipment Market is Predicted to Attain USD 25.65 Billion By 2026: Analysis by GEA, Tetra Laval, Alfa Laval, Krones Group, Bucher Industries and Others.

The global Beverage Processing Equipment market was valued at USD 16.95 Billion in 2018 and is expected to reach USD 25.65 Billion by the year 2026, at a CAGR of 5.3 percent. Beverages processing equipment is the equipment used for the processing and production of beverages that are synthesized from various sources. There is a different type of beverages processing equipment for different types of beverages.

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These beverages include preparing a range of products such as dairy products, juices, aerated drinks, alcoholic beverages, and processed water. These equipment are regulated by the FDA, and thus, manufacturers of beverage processing equipment have to comply with stringent regulations implemented by FDA owing to health and safety concerns. The beverages processing equipment is used to carry out various processes such as boiling, blending, mixing, pasteurization, homogenization, and separation of raw materials. The increasing disposable income and the changing customer lifestyles have resulted in increased spending on beverages such as tea, coffee, juice, soft drink, beer, and wine; this is expected to provide growth opportunities for the global beverage processing equipment.

In market segmentation by manufacturers, the report covers the following companies:- GEA, Tetra Laval, Alfa Laval, Krones Group, Bucher Industries, SPX Flow, JBT Corporation, KHS GmbH, Pentair, and Praj Industries among Others.

Along with the demand for fortified drinks with essential micronutrients provide opportunities for growth for the non-alcoholic beverage segment during the forecast period. Increasing demand for different types of beverage has resulted in increased production of beverages across the globe. This, in turn, has attracted manufacturers to venture in this market as a pre-emptive strategy to cater to the potential demand and establish a brand presence.

Increasing governmental regulations over hygienic conditions of manufacturing processes and several types of packaging will propel the market share. The demand for beverages as refreshments as well as health supplements is expected to rise over the forecasted period. However, the high cost of the equipment of processing the beverages will hinder the overall growth of the market over the forecasted period.

For the purpose of this study, Reports and Data have segmented the market on the basis of type, beverage type, and region:

Type (Revenue, USD Million; 2019-2026)
Brewery
Filtration
Carbonation
Sugar Dissolvers
Blenders & Mixtures
Heat exchangers

Beverage Type (Revenue, USD Million; 2019-2026)
Alcoholic
Non- Alcoholic
Dairy

Regional Outlook (Revenue in USD Million; 2019-2026)
North America
Europe
Asia Pacific
Middle East & Africa
Latin America

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Further key findings from the report suggest:-

Asia Pacific region is projected to account for 38.5% of the global market. The rise in income level, along with the improved standard of living, is one of the major factors that is driving the growth of industry in this region.

The brewery equipment segment is estimated to reach USD 8.86 Billion by 2026. The rise in the demand for alcoholic beverages is expected to foster the growth of the market.

The demand for non-carbonated beverages such as juices, sports drinks, and energy drinks is increasing due to increasing health awareness globally. Non-carbonated beverage consists of low calories.

In order to gain bigger market share, several companies are increasing their productivity and upgrading their equipment and machinery, that in turn will enhance beverage processing equipment market growth.

The dairy segment is anticipated to grow at the highest CAGR of 5.6% over the forecast period. The is mainly due to the growing demand for dairy products across all regions

Enablement of the improved methods of hygiene and preservation procedures in the production of beverages according to the human health safety and product quality supports the growth of beverages processing equipment market.

Growth in the global consumption of protein has driven the innovation within the dairy industry, making consumers turn to dairy as the preferred choice of protein.

Increasing demand for craft beer in specially developed countries will be one of the factors propagating the growth of the alcoholic beverages segment over the forecasted period.

An increasing trend for premiumization of alcoholic beverages is also observed which will further drive the demand for Beverage Processing Equipment market through 2026.

The increasing R&D investment by government as well as non- government organizations for the development of new technologies and implementing automation in order to increase productivity and reduce operation cost drives the growth of the market.

Apart from beer and soda, wine, hard seltzer and cocktails are increasingly being made available in canned form which is driving the demand for the alcoholic beverages upwards. The increasing demand for alcoholic beverages will drive the demand of the processing equipment in the alcoholic beverages segment

Demand for filtration machinery, shift towards alternative beverage products, changing customer preferences for healthier drinks; and the demand for non-carbonated beverages such as juices, sports drinks, and energy drinks are increasing at a higher pace due to health awareness, as these non-carbonated beverages contain few calories.

The research report answers the following key questions:

What is the growth rate of the market during the forecast period between 2019 to 2026?

What are the significant drivers and constraints that will impact the future of the Beverage Processing Equipment Market?

How much is the market size and share estimated to grow in the forecast period?

Who are the key industry players and which executive strategies will they employ that can substantially impact the growth of the Beverage Processing Equipment Market globally?

What are the most notable trends observed in the past data that can be expected to affect the CAGR of the Beverage Processing Equipment Market?

What are the predictions for the Beverage Processing Equipment Market industry in the forecast period based on the detailed analysis of its critical aspects?

There are 15 Chapters that describe the development of the global BEVERAGE PROCESSING EQUIPMENT MARKET

The report is spread across 15 Chapters that encompass the analysis of the global Beverage Processing Equipment Market:-

Chapter 1 covers the introduction of the Beverage Processing Equipment Market, product scope, market overview, market opportunities, market challenges, and market drivers;

Chapter 2 talks about the top vendors, with an in-depth analysis of their sales, revenue and pricing strategies for the duration 2019 and 2026;

Chapter 3 displays the competitive nature of the market by discussing the competition among top vendors in the sector. It categorizes the market using sales, revenue, and market share data for 2019 and 2026;

Chapter 4, shows the global market by regions and the proportionate size of each market region based on sales, revenue, and market share of BEVERAGE PROCESSING EQUIPMENT MARKET, for the period 2019-2026;

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