Beverage Processing Equipment Market Reaching US$ 24.3 Billion by 2025 Study by Brewery, Filtration, Carbonation and Dairy Processing
Beverage processing equipment market is segmented into alcoholic beverages, non-alcoholic beverages, and dairy beverages. The demand for beverage processing equipment remains high due to the growing need for alcoholic beverages and healthy beverages in the South American countries.
Pune, India – April 23, 2019 /MarketersMedia/ —
The global beverage processing equipment market is estimated to be valued at USD 18.2 billion in 2019 and is projected to reach USD 24.3 billion by 2025, recording a CAGR of 5.0% from 2019 to 2025.
The demand for beverage processing equipment remains high due to the growing need for alcoholic beverages and healthy beverages in the South American countries. Moreover, the rise in the purchasing power of consumers and increased demand for healthy beverages have created profitable opportunities for beverage manufacturers to offer healthier beverages in the market.
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The beverage processing equipment market is projected to grow in parallel to the growth of the beverage industry. The increased consumption of alcohol, rising need for pasteurized milk to combat raw milk outbreaks, continuous upgradation in the equipment and machinery are factors driving the demand for beverage processing equipment. These regions include North America, Europe, Asia Pacific, and RoW.
“By beverage type, the dairy beverage segment is projected to grow at the highest CAGR in the global beverage processing equipment market during the forecast period.”
The dairy beverages segment is projected to record the highest CAGR during the forecast period as it has an enormous global market potential due to the increasing consumer preference for flavored milk over white milk. The rising demand for flavored and fortified milk is driving the growth of dairy processing equipment market.
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The Beverage Processing Equipment Marketsegment is estimated to grow at the highest CAGR during the forecast period. This equipment helps to enhance the product quality and shelf life of beverages by removing solid particles and harmful bacteria present in it. Some beverages with natural ingredients such as raw juices have high content of particles and organisms that may affect the quality of the beverage; filtration equipment helps in the removal of these particles and organisms.
The beverage processing equipment market is segmented into alcoholic beverages, non-alcoholic beverages, and dairy beverages. Dairy beverages segment is projected to record highest CAGR during forecast period as it has an enormous global market potential due to increasing consumer preference for flavored milk over white milk. Rising demand for flavored and fortified milk is driving growth of dairy processing equipment market.
Leading players profiled in this report
• Tetra Laval (Switzerland)
• GEA Group (Germany)
• Alfa Laval (Sweden)
• Krones Group (Germany)
• Bucher Industries (Switzerland)
• SPX Flow (US)
• JBT Corporation(US)
• KHS GmbH(Germany)
• Pentair(US)
• Praj Industries (India)
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Research Coverage
This report segments the beverage processing equipment market on the basis of type, beverage type, and region. In terms of insights, this research report focuses on various levels of analysis—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the beverage processing equipment market, high-growth regions, countries, government regulations, drivers, restraints, opportunities, and challenges.
Reasons to buy this report
• To get a comprehensive overview of the beverage processing equipment market
• To gain wide-ranging information about the top players in this industry, their product portfolio details, and the key strategies adopted by them
• To gain insights about the major countries/regions, in which the beverage processing equipment market is flourishing
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