Market Overview:

The Global Beverage Processing Equipment Market was valued USD 11685.4 million in 2019 and expected to be growing at a CAGR of 4.94%, to reach USD 14870.5 million by 2024. Beverages processing equipment helps to transform the raw fruits or vegetable ingredients into drinks. The beverages processing line is featured as a multitude of sections such as fermentation, sugar syrup preparation, blending, prepared beverage storage, filling beverages into bottles, and pasteurizer. Alcoholic beverage process is major of two types based on their specific mode of preparation, viz. fermented and distilled beverages. Liqueurs are primarily prepared by extracts of fruits, nuts and other food products or by blending juices. With the constant change in lifestyle and growing busy schedule, makers are making ready to drink beverages as a dietary supplement. Above need, they are now focusing on developing processed drinks that are both nutritious and can manage energy balance.

Market drivers and restraints:

Beverage processing equipment market is witnessing an increased growth because of the increasing demand for fortified drinks, customer preference for low calories beverages, rising per capita spending of the population in developing countries, and growing concern for safety & health. Also, increasing demand for packaged beverages & hygienically processed, equipment upgrade for lean time management, improved-technologies usage to enhance product efficacy & productivity and a growing emphasis on quality of beverages are some of the other factors that are boosting the revenue growth of beverages processing equipment market in the coming future. Albeit, concerns related to safety standards, complex production process, and stringent government regulations may slow down the growth of beverage processing equipment market.

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Report segmented as:

By equipment type:

Brewery Equipment
Blenders & Mixers
Filtration Equipment
Carbonation Equipment Heat Exchangers
Others
By Beverage type:

Non-Alcohol Beverages
Alcoholic Beverages
Dairy Beverages
Geographical analysis:

Based on geography, the Beverage Processing Equipment Market is analyzed under various regions, like Europe, Asia-Pacific, North America and Rest of the World. Asia-Pacific has a big market for beverages; the improved standard of living of the people due to the income levels hike is one of the important factors that is driving the beverage market in this region. Furthermore, China is a major contributor to the alcoholic beverage equipment market as it happens to be the world’s biggest producer of beer. Big beverage companies such as PepsiCo and Coca-Cola have made enormous amounts of investments in Asian countries. Based on this current scenario, there is an enormous market scope for the beverage processing equipment makers in bringing innovative machinery in the market that is effective enough for faster and efficient product output.

Important market players:

Essential market players of the beverage processing equipment market are Krones AG, GEA Group AG, Alfa Laval AB, Tetra Pak International S.A., Pentair Plc., KHS GmbH, Bucher Industries AG, HRS Process Systems Ltd., SPX FLOW Inc., and Advanced Composite Industries

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The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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