The GMI Research foresees that the Beverage Processing Equipment Market will experience an upsurge in demand over the forecast period. This is because of the escalating demand for fortified drinks, rising expenditure on soft drinks and beer, persistent technological improvement, and the growing demand for low sugar and low-fat beverages.
Introduction of the Beverage Processing Equipment Market
Beverage processing equipment are the system, tools, and processing machines used to prepare, store, and pack the beverage products. They are used to modify raw agricultural commodities and semi-processed products into extensive beverage items for further processing. The processing involves various steps which include preparation, fermentation, and blending of the liquid.
Key Players of the Market:
- Pentair
- Tetra Laval
- Alfa Laval
- GEA Group
- Krones Group
- SPX Flow
- Praj Industries
- Bucher Industries
- JBT Corporation
- KHS GmbH
Beverage Processing Equipment Market Dynamics
The augmenting alcohol consumption, continuous technological modernization and the ongoing amelioration in machineries and tools are the prominent drivers stimulating the growth of the global beverage processing market. In addition, the evolution of green technologies is persuading producers to substitute old equipment with energy-effective variants to optimize the production cost and minimize the carbon trace, which has further strengthened the market size. Moreover, the launch of machine learning and industrial internet of things in the food and beverage sector and personalization option in the equipment will raise their production capacity. Also, the increasing inclination towards modern lifestyle and mounting per capita income has significantly bolstered the market growth. Furthermore, the expanding requirement of pasteurized milk the outbreaks of raw milk along with intensifying demand for UHT milk and organic milk will reinforce the market demand. Also, the accumulating knowledge about heart attack, diabetes, and obesity is promoting consumers to choose for wholesome drinks with low fat and no sugar content. On the other hand, the excessive capital investment, difficult production process, and rigorous government regulations will curb the market share.
End-Use Industry Segment Drivers
Based on type, Brewery equipment is expected to hold a prominent share in the market over the coming years owing to their aggravating endorsement in the production of beer owing to the robust demand for beer, primarily in North America, Europe, and the Asia Pacific regions. Moreover, the elevating income of specific consumers will positively influence the market growth.
Beverage Type Segment Drivers
Based on Beverage type, the market is divided into Alcoholic, Non-Alcoholic and Dairy beverages. Amongst which, alcoholic beverages are contemplated to witness faster growth in the near future. This is because of the growing demand for alcohol across developing nations like the Asia Pacific and South America. Moreover, the growing preference towards low-calorie beers in the European nations will fuel the beverage processing market opportunities.
Regional Drivers
Based on regional coverage, Asia- Pacific is projected to expand at a faster CAGR owing to the rising demand for several beverages, which include carbonated beverages, fruit juices, and alcoholic drinks. Moreover, the elevating population growth rate and the better living standard primarily in India, China, and Japan, will fuel the market growth. Additionally, the leading market players, stated by beverage processing equipment report, are increasingly emphasizing product innovation and extension of their distribution channels in emerging countries like India to cater to the growing consumer demand.
Beverage Processing Equipment Market Segmentation:
Segmentation by Type
- Brewery Equipment
- Carbonation Equipment
- Blenders & Mixers
- Filtration Equipment
- Sugar Dissolvers
- Heat Exchangers
Segmentation by Beverage Type
- Alcoholic
- Non-Alcoholic
- Carbonated
- Non-Carbonated
- Diary Beverages
Segmentation by Region:
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- UAE
- Brazil
- South Africa
- Saudi Arabia
About GMI Research
A market research and consulting enterprise, GMI Research, provides small & medium and large organizations with business insights and market research reports. The team of industry experts assist the clients to understand the influence of different market dynamics like size, share, growth opportunities, and other aspects. The team of analysts conduct market intelligence studies to certify that all required and fact-based research reaches different sectors. The main emphasis of the organization is to comprehend the clients with all the emerging challenges and opportunities in the market via our step-by-step assistance and support. We always look forward to help our clients and business outperform and stay out of the line.
