Beverage Processing Equipment Market witnessed USD 19,300 Million in 2019, growing at a robust CAGR of 5% during forecast period.

Beverage processing equipment refers to the components, processing machines, and systems used to handle, prepare, store, and pack the beverage products. These types of equipment are often used in beverage processing sector to convert raw agricultural commodities and semi-processed products into a wide range of beverage products ready for consumption or further processing. The processing of beverages involves numerous steps, including preparation of sugar syrup, fermentation, and blending of the liquid. Various types of processing equipment such as blenders & mixers, sugar dissolvers, and heat exchangers are used for the production of alcoholic, dairy, carbonated, and non-carbonated beverages across the industries.

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The significant factors contributing to the growth of the Global Beverage Processing Equipment Market include the increase in alcohol consumption across the globe and the continuous upgradation in the equipment and machineries. Due to the adoption of modern lifestyle and the high disposable income of middle-class families, the consumer’s preference has drastically shifted towards the consumption of soft drinks and beers, which will drive the demand of the beverage processing equipment market. The growing need for pasteurized milk to combat the raw milk outbreaks coupled with increasing demand for UHT milk and organic milk will further accelerate the demand of the market. The emergence of green technologies is promoting manufacturers to replace the old beverage processing equipment with energy-efficient variants to minimize the cost of production and reduce the carbon footprint. For instance, the introduction of machine learning and Industrial Internet of Things (IoT) in the food & beverage processing equipment and customization option in the equipment will enhance the production capacity of the equipments. This continuous technological innovation will create new opportunities in the market, thereby surging the demand for the beverage processing equipment market over the coming years. The growing consumer awareness regarding diseases such as diabetes, obesity, and heart attacks, is encouraging the consumers to opt for healthy beverages with low fat and no sugar content. This factor will positively influence the market for beverage processing equipment. On the other hand, the high capital investment, complicated production process, and stringent government regulations will hamper the growth of the market during the forecast period.

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Based on type, the Global Beverage Processing Equipment market is segmented into Brewery Equipment, Filtration Equipment, Carbonation Equipment, Sugar Dissolvers and Blenders & Mixers, Heat Exchangers, and Others. The Brewery equipment segment is anticipated to lead the market during the forecast period owing to the increasing adoption of brewery equipment in the production process of beer driven by the high demand for beer, especially in North America, Europe, and Asia Pacific regions. Moreover, the increasing income level of the target consumers will have a positive impact on the demand of the beer during the forecast period.

Based on Beverage type, the Global Beverage Processing Equipment market is segmented into Alcoholic beverages, Non-Alcoholic beverages, and Dairy beverages. The alcoholic beverages are expected to grow at a higher CAGR during the forecast period due to the significant increase in the demand for alcohol in the emerging markets, including the Asia Pacific and South America regions. Moreover, the consumers in the European nations are significantly shifting towards low-calorie beers, thereby fuelling the market growth.

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Based on region, the Asia- Pacific region is expected to grow at a higher CAGR during the forecast period due to the growing demand for beverages, including carbonated beverages, fruit juices, and alcoholic beverages. The increasing population growth rate and the improved standard of living of the people, specifically in India, China, and Japan, will drive the demand for beverage processing equipment in this region. Significant players in Asia-Pacific are focusing on product innovation and expansion of their distribution channels in the developing economies such as India, to capture the growing demand of the customers.

Various notable players operating in the market include Tetra Laval, GEA Group, Alfa Laval, Krones Group, Bucher Industries, SPX Flow, JBT Corporation, KHS GmbH, Pentair, and Praj Industries, among others.

The Global Beverage Processing Equipment market has been segmented on the basis of type, beverage type, and key region. Based on type, the market is segmented into Brewery Equipment, Filtration Equipment, Carbonation Equipment, Sugar Dissolvers and Blenders & Mixers, Heat Exchangers, and Others. Based on Beverage Type, the market is segmented into Alcoholic beverages, Non-Alcoholic beverages, and Dairy beverages.

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Key questions answered in this research report:

• • At what pace is the Global Beverage Processing Equipment market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Beverage Processing Equipment market?
  • What are the various types of equipment in the Global Beverage Processing Equipment market and how they are poised to grow?
  • Which beverage type generated maximum revenues in 2019 and identify the most promising beverage types during the forecast period
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

 

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues (2019)	USD 19,300 Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Type, By Beverage Type, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Tetra Laval, GEA Group, Alfa Laval, Krones Group, Bucher Industries, SPX Flow, JBT Corporation, KHS GmbH, Pentair, and Praj Industries; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

 

Market Segmentation

Global Beverage Processing Equipment Market by Type

• • Brewery Equipment
  • Carbonation Equipment
  • Blenders & Mixers
  • Filtration Equipment
  • Sugar Dissolvers
  • Heat Exchangers

Global Beverage Processing Equipment Market by Beverage Type

• • Alcoholic
  • Non-Alcoholic
    • Carbonated
    • Non-Carbonated
  • Diary Beverages

Global Beverage Processing Equipment Market by Region

• • North America Beverage Processing Equipment Market
    (Option 1: As a part of the free 25% customization)
    • North America Beverage Processing Equipment Market by Type
    • North America Beverage Processing Equipment Market by Beverage Type
    • United States of America (US) All-Up Beverage Processing Equipment Market
    • Canada All-Up Beverage Processing Equipment Market
  • Europe Beverage Processing Equipment Market
    (Option 2: As a part of the free 25% customization)
    • Europe Beverage Processing Equipment Market by Type
    • Europe Beverage Processing Equipment Market by Beverage Type
    • United Kingdom (UK) All-Up Beverage Processing Equipment Market
    • Germany All-Up Beverage Processing Equipment Market
    • France All-Up Beverage Processing Equipment Market
    • Spain All-Up Beverage Processing Equipment Market
    • Rest of Europe All-Up Beverage Processing Equipment Market
  • Asia-Pacific Beverage Processing Equipment Market
    (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Beverage Processing Equipment Market by Type
    • Asia-Pacific Beverage Processing Equipment Market by Beverage Type
    • China All-Up Beverage Processing Equipment Market
    • India All-Up Beverage Processing Equipment Market
    • Japan All-Up Beverage Processing Equipment Market
    • Rest of APAC All-Up Beverage Processing Equipment Market
  • Asia-Pacific Beverage Processing Equipment Market
    (Option 3: As a part of the free 25% customization)
    • ROW Beverage Processing Equipment Market by Type
    • ROW Beverage Processing Equipment Market by Beverage Type
    • Brazil All-Up Beverage Processing Equipment Market
    • South Africa All-Up Beverage Processing Equipment Market
    • Saudi Arabia All-Up Beverage Processing Equipment Market
    • UAE All-Up Beverage Processing Equipment Market
    • Rest of world (remaining countries of the LAMEA region) All-Up Beverage Processing Equipment Market

Global Beverage Processing Equipment Leading market players (Option 5: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Tetra Laval
  • GEA Group
  • Alfa Laval
  • Krones Group
  • Bucher Industries
  • SPX Flow
  • JBT Corporation
  • KHS GmbH
  • Pentair
  • Praj Industries