Category

Beverage Processing Equipment Market Size, Share, Opportunities, And Trends By Type (Brewery, Carbonation, Filtration, Blenders & Mixers, Others), By Application (Alcaholic, Non Alcoholic) And Geography - Forecasts From 2019 To 2024

93 pages
Published on : May 2019
Report Code : KSI061612650

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Description

The beverage processing equipment market is projected to grow at a CAGR of XX.XX% to reach US$XX.XX billion in 2024 from US$XX.XX billion in 2018. The purpose of beverage processing is to manufacture such a product which meets the desired shelf life and reduces the risk of microbial damage by chemically treating the beverage and the package. The increase in income and standard of living has led to increase in consumption of consumer goods which includes beverages which will further drive demand in beverage processing equipment market. Consumption of low calorie, energy and soft drinks is on a rise and the methods of processing these beverages change, which leads to requirement of different processing equipments. This motivates the companies to make big investments in the beverage processing equipments leading to market growth in this sector.

DRIVERS

Increasing consumption of beverages.

Introduction of new technologies.

RESTRAINTS

High setup cost.

Strict regulations regarding safety standards.

INDUSTRY UPDATE

In February 2019, Alfa Laval introduced twin screw pump, which was added to the company’s hygienic pump portfolio for use in dairy, food, and personal care industries. This launch aimed at simplifying the operation and lead to a reduction in the cost.

In September 2018, Krones Group acquired the business operations and assets of Shanghai Xiantong Equipment Installation Company (China), with a view to expanding its operations in China.

The major  players profiled in the beverage processing equipment market include Alfa Laval, GEA Group, Tetra Laval, Krones Group, SPX Flow, Bucher Industries, JBT Corporation and KHS GmbH among others.

Segmentation

The beverage processing equipment market has been analyzed through the following segments:

By Type

Brewery

Carbonation

Filtration

Blenders & Mixers

Others

 

By Application

Alcaholic

Non alcoholic

 

By Geography

North America

USA

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Spain

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

South Korea

India

Others

 

Target audience

Manufacturers

Suppliers

Distributors

Service Providers

Government Agencies

Research Organizations

Consultants

OUR CLIENTS