Increasing consumption of various non-alcoholic and alcoholic beverages, and need for automated process in beverage industry are key factors driving market revenue growth.
Market Size - USD 19.21 Billion in 2020, Market Growth - CAGR of 4.7%, Market Trends - Rising trend of renting beverage processing equipment by manufacturers in the beverage industry.
The global beverage processing equipment market size is expected to reach USD 27.79 Billion in 2028, and register a CAGR of 4.7% during the forecast period. Growing demand for healthy drinks with low fat content, low cholesterol, and low sugar content as a result of growing health consciousness among consumers are primary factors driving growth of the beverage processing equipment market. Similarly, increasing consumption of carbonated drinks, alcoholic beverages, supplements, plant-based milks, etc. is resulting in need for beverage processing equipment for processing each of the beverages separately. This is another key factor driving market growth.
Stringent governmental regulations for maintaining hygienic conditions in manufacturing units, processes, and packaging is expected to support market growth. However, high cost of capital and complex production procedure of beverage processing could hamper equipment adoption.
Some Key Findings From the Report:
For the purpose of this report, the publisher has segmented the global beverage processing equipment market based on type, beverage type, and region:
Type Outlook
Beverage Type Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 19.21 Billion in 2020, Market Growth - CAGR of 4.7%, Market Trends - Rising trend of renting beverage processing equipment by manufacturers in the beverage industry.
The global beverage processing equipment market size is expected to reach USD 27.79 Billion in 2028, and register a CAGR of 4.7% during the forecast period. Growing demand for healthy drinks with low fat content, low cholesterol, and low sugar content as a result of growing health consciousness among consumers are primary factors driving growth of the beverage processing equipment market. Similarly, increasing consumption of carbonated drinks, alcoholic beverages, supplements, plant-based milks, etc. is resulting in need for beverage processing equipment for processing each of the beverages separately. This is another key factor driving market growth.
Stringent governmental regulations for maintaining hygienic conditions in manufacturing units, processes, and packaging is expected to support market growth. However, high cost of capital and complex production procedure of beverage processing could hamper equipment adoption.
Some Key Findings From the Report:
- Among the equipment type segments, the brewery equipment accounted for the largest revenue share in the global market in 2020, and is expected to continue to contribute major share over the forecast period.
- Among the beverage type segments, the alcoholic beverages segment accounted for major revenue share in 2020, due to growing consumption of alcoholic beverages globally. The dairy segment is expected to register the highest CAGR during the forecast period.
- North America market is expected to register substantially high revenue growth rate during the forecast period, owing to high consumption of alcoholic beverages such as beer, and well-developed brewery sector in the region.
- The Asia Pacific market accounted for the highest revenue share in the global beverage processing equipment market, due to growing consumption of fruit juices, carbonated beverages, alcoholic beverages, health drinks, supplements, etc.
- Key players profiled in the report include GEA, Tetra Laval, Alfa Laval, Krones Group, Bucher Industries, SPX Flow, JBT Corporation, KHS GmbH, Pentair, and Praj Industries. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the publisher has segmented the global beverage processing equipment market based on type, beverage type, and region:
Type Outlook
- Brewery
- Filtration
- Carbonation
- Sugar Dissolvers
- Blenders & Mixtures
- Heat exchangers
Beverage Type Outlook
- Alcoholic
- Non- Alcoholic
- Carbonated
- Non-Carbonated
- Dairy
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Beverage Processing Equipment Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Beverage Processing Equipment Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Beverage Processing Equipment Segmentation & Impact Analysis
Chapter 5. Beverage Processing Equipment Market Type Insights & Trends
Chapter 6. Beverage Processing Equipment Market By Beverage Type Insights & Trends
Chapter 7. Beverage Processing Equipment Market Regional Outlook
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles
Companies Mentioned
- GEA
- Tetra Laval
- Alfa Laval
- Krones Group
- Bucher Industries
- SPX Flow
- JBT Corporation
- KHS GmbH
- Pentair
- Praj Industries
