What is Beverage Processing Equipment Market?
Beverage processing equipment includes modules and complete processing lines configured to meet the specific requirements of individual beverage producers and breweries. Increasing demand of soft drinks, coffee, tea, beer, cider, wines, juices, bottled waters, and other beverages that has increased demand of raw materials and maintaining desired end-product characteristics through safe, cost-effective and sustainable multi-stage processing has led to significant growth of the global beverage processing equipment market over the forecast period.
The market study is being classified by Type (Brewery Equipment, Filtration Equipment, Carbonation Equipment, Heat Exchangers, Sugar Dissolvers and Blenders & Mixers and Others (Storage Tanks, Cooling Tunnels and Crushers)), by Application (Alcoholic Beverage, Non-alcoholic Beverage and Dairy Products) and major geographies with country level break-up.
Tetra Laval (Switzerland), GEA Group (Germany), Alfa Laval (Sweden), Krones Group (Germany), Bucher Industries (Switzerland), SPX Flow (United States), JBT Corporation(United States), KHS GmbH (Germany), Pentair(United States) and Praj Industries (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Lehui (China) and Paul Mueller Company (United States).
The Vendors having a strong hold in the market are Tetra Laval, GEA Group, Alfa Laval, and Krones Group. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Beverage Processing Equipment market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Beverage Processing Equipment market by Type, Application and Region.
On the basis of geography, the market of Beverage Processing Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Alcohol Consumption and Alcohol Industry Globally
- Increasing Demand for Pasteurized Milk to Combat the Raw Milk Outbreaks in Developing Economies
Market Trend
- Rapid Growth of Microbreweries in Emerging Countries
- Technological Innovation in the Soft Drinks Industry Globally
Restraints
- High Costs Associated with Power and Energy
Opportunities
- Rising Investment in the Upgradation of Equipment & Machinery by the Manufacturers
Challenges
- High Capital Investment
- Stringent Regulatory Environment
Key Target Audience
Beverage Processing Equipment Manufacturers, Beverage Processing Industries, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors and Other