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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 beverage processing equipment market is projected to grow in parallel to the growth of the beverage industry.
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MarketsandMarkets™ Presents Beverage Processing Equipment Market - Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/beverage-processing-equipment-market-19923228.html
The report "Beverage Processing Equipment Market by Type (Brewery, Filtration, Carbonation, Sugar Dissolvers, Blenders & Mixers, and Heat Exchangers), Beverage Type (Alcoholic, Carbonated, Non-Carbonated, Dairy), and Region - Global Forecast to 2025", 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, at a CAGR of 5.0% from 2019 to 2025. The beverage processing equipment market is growing in parallel with the growth in the beverage industry. Increasing inclination of consumers toward health and wellness has driven the growth of non-alcoholic beverages such as functional drinks at a rapid rate. Browse 82 market data Tables and 79 Figures spread through 236 Pages and in-depth TOC on "Beverage Processing Equipment Market - Global Forecast to 2025“ The Asia Pacific is estimated to dominate the beverage processing equipment market in 2019 The Asia Pacific accounted for the largest market share in the beverage processing equipment market in 2019. The market for beverage processing equipment in the Asia Pacific region is driven by the growing demand for alcoholic and non-alcoholic beverages such as soft drinks, beer, and flavored milk. The increasing demand for beverages is further driving the growth of the processing industry. This report includes a study on the marketing and development strategies, along with a study on the service portfolios of the leading companies. It includes the profiles of leading companies such as 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), and Praj Industries (India). Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19923228
Report Objectives: • Determining and projecting the size of the beverage processing equipment market, with respect to type, beverage type, and region, over a five-year period, ranging from 2019 to 2025 • Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions • Analyzing the demand-side factors on the basis of the following: • Impact of macro- and micro-economic factors on the market • Shifts in demand patterns across different sub-segments and regions • Identifying and profiling key players in the beverage processing equipment market • Providing a comparative analysis of the market leaders on the basis of the following: • Product offerings • Business strategies • Strengths, weaknesses, opportunities, and threats • Key financials • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions • Analyzing the supply chain and regulatory frameworks across regions and their impact on prominent market players • Providing insights on key investments in product innovations, technology, and patent registrations • Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=19923228
By type, the brewery equipment segment is projected to account for the largest share in the beverage processing equipment market Brewery equipment is used in the production of beer, and its demand remains high as the consumption of beer in regions such as North America, Europe, and the Asia Pacific is high. In addition, rising income levels of consumers have reflected positively on the growth of the beer industry. By beverage type, the alcoholic beverages segment accounted for the largest market size in the beverage processing equipment market during the forecast period The alcoholic beverages segment holds the largest market share in the beverage processing equipment market due to the increasing demand in emerging markets such as the Asia Pacific and South America. The market in regions such as North America and Europe has reached its maturity and are witnessing a shift in the demand for beer, from high-calorie beer to low-calorie beer. The Asia Pacific is projected to account for the largest market share during the forecast period The Asia Pacific accounts for the largest market share in the beverage processing equipment market. The market for beverage processing equipment in the Asia Pacific region is driven by the growing demand for beverages such as carbonated beverages, fruit juices, and alcoholic beverages. The Asia Pacific has a very large market for beverages; the improved standard of living of the people due to the rise in income levels is one of the major factors that is driving the beverage market in this region.Request Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=19923228
Recent Developments: • 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. • In July 2018, SPX Flow partnered with V-Line (Saudi Arabia), to strengthen its operations in the Middle East. This partnership would allow the company to access the component, spare parts, support, and management services for its customers in the dairy, food & beverage, and pharmaceutical sectors. • In June 2017, Pentair opened a new facility, an 87,000-square foot indoor aquaponics farm, at its Schmidt's brewery building in St. Paul, Minnesota (US). It is one of the largest commercial aquaponics facility in the world. • Key Questions addressed by the report • What are the growth opportunities for the beverage processing equipment market? • What are the major technologies used in beverage processing equipment market? • What are the key factors affecting market dynamics? • What are the various types of beverage processing equipment available in the market? • What are the key patents filed in the field of beverage processing equipment market? • What are some of the major challenges and restraints that the industry faces? • Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=19923228
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