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Increasing disposable income, improved lifestyle, increasing demand for fortified beverages are key factors contributing to the growth of Beverage Processing Equipment during the forecast period.
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Beverage Processing Equipment Market To Reach USD 25.65 Billion By 2026
Market Size – USD 16.95 Billion in 2018, Market Growth - CAGR of 5.3%, Market Trends – Product launches and technological advancements Market Summary According to the current analysis of Reports and Data, the global Beverage Processing Equipment market was valued at USD 16.95 Billion in 2018 and is expected to reach USD 25.65 Billion by the year 2026, at a CAGR of 5.3 percent. Beverages processing equipment is the equipment used for the processing and production of beverages that are synthesized from various sources. • Further key findings from the report suggest • Asia Pacific region is projected to account for 38.5% of the global market. The rise in income level, along with the improved standard of living, is one of the major factors that is driving the growth of industry in this region. • The brewery equipment segment is estimated to reach USD 8.86 Billion by 2026. The rise in the demand for alcoholic beverages is expected to foster the growth of the market. • The demand for non-carbonated beverages such as juices, sports drinks, and energy drinks is increasing due to increasing health awareness globally. Non-carbonated beverage consists of low calories. www.reportsanddata.com
Market Summary Key Players: GEA, Tetra Laval, Alfa Laval, Krones Group, Bucher Industries, and Praj industries, among others. Segmentation: • Type (Revenue, USD Million; 2016–2026) • Brewery • Filtration • Carbonation • Sugar Dissolvers • Blenders & Mixtures • Heat exchangers To look at the PDF Sample Report and get 30 minutes of a free consultation @https://www.reportsanddata.com/sample-enquiry-form/2036 www.reportsanddata.com
Market Summary • Beverage Type (Revenue, USD Million; 2016–2026) • Alcoholic • Non- Alcoholic • Carbonated • Non-Carbonated • Dairy Regional Outlook for Beverage Processing Equipment Marketanalyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Avail this report at Attractive Discount rates! Click here to know more @https://www.reportsanddata.com/discount-enquiry-form/2036 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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