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Greater consumer spending on fast-moving consumer products such as nutritious beverages, beer, and soft drinks is pushing sales of beverages processing equipment despite the global pandemic of COVID-19. Online sales channels are having their moment, as lockdowns, social distancing norms, and mass closure of retail stores continue to hamper scenarios at brick and mortar stores
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FMI Provides Beverages Processing Equipment Market Projections in its Revised Report, COVID-19 Pandemic Shaping Global Demand May 2020 Report Id : REP-GB-2951 Published On : 21-April-2020 Category : Food and Beverages www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved
Beverage Processing Equipment Market Analysis Greater consumer spending on fast-moving consumer products such as nutritious beverages, beer, and soft drinks is pushing sales of beverages processing equipment despite the global pandemic of COVID-19. Online sales channels are having their moment, as lockdowns, social distancing norms, and mass closure of retail stores continue to hamper scenarios at brick and mortar stores. According to a new report of Future Market Insights (FMI), the global beverages processing equipment market will surpass revenues of approximately US$ 27.7 Bn by 2029 end. Hectic lifestyle, rapid urbanization, technological advancements, and popularity of convenience products will continue to inflate sales further. "Market leaders must divert substantial resources towards high-growth regions such as Asia Pacific to leverage lucrative opportunities," finds the FMI report. Key Takeaways of Beverages Processing Equipment Market Study • Growing preference for low-carbon, low-calorie, and gluten-free foods is the driving force of market. • Brewery equipment remains highly favored by manufacturers followed by heat exchanger. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved
Beverage Processing Equipment Market Analysis • The carbonated drinks segment will complement the growth of market owing to widespread popularity among younger population. Asia Pacific will hold the leading share in the global beverages processing equipment market during the projection period. • Key Growth Drivers • Growing popularity of ready-to-drink beverages is favoring the growth of beverages processing equipment market. • Favorable policies in emerging Asian economies such as China and India are contributing to the revenue pool of market. • Continual efforts by leading manufacturers towards automation are shaping the global beverages processing equipment market. • Rising living standards, per capita income, and population in Asia Pacific will bode well for regional beverages processing equipment market through 2029. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved
Beverage Processing Equipment Market Analysis Key Restraints • Product-related safety requirements coupled with complex manufacturing processes will slow down the growth of emerging players in the beverage processing equipment market. • Stringent government regulations will impede the growth of beverages processing equipment market over the forecast period. Anticipated Impact of COVID-19 on Beverages Processing Equipment Market Due to ongoing COVID-19 pandemic, consumers have turned to ecommerce channels for the delivery of dairy, alcoholic, and non-alcoholic beverages. This factor has bolstered the growth of beverages processing equipment market during the current public health crisis. Even though the purchasing habits of consumers have altered, the overall demand has benefited during the lockdown as people continue to spend more time at their homes. However, companies in beverages processing equipment market are working with reduced workforce due to social distancing protocols. Moreover, demand for premium alcoholic beverages will slightly decline while it will increase for mid-priced drinks. Hence, the pandemic has not led to drastic changes in the beverages processing equipment market except for delivery pattern. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved
Beverage Processing Equipment Market Analysis Competitive Landscape of Beverages Processing Equipment Market The beverages processing equipment market is characterized by the presence of numerous regional and international players. Some of the key players in the global beverages processing equipment market that are featured in this FMI report include, but are not limited to, Praj Industries, Pentair, KHS GmbH, JBT Corporation, SPX Flow, Bucher Industries, Krones Group, Alfa Laval, Tetra Laval, GEA, Central States Industrial, Bevcorp Beverage Equipment, Lee Industries, Carmel Engineering, Inc., Shanghai Joylong Industry Co., Mojonnier, Techniblend Inc., and Dematech. Pricing strategies, technology integration and product quality are key focus areas of leading players in beverages processing equipment market. Moreover, top manufacturers must prioritize lean time management, product performance, and productivity for indubitable competitive ascendancy. Request for covid19 Impact Analysis: https://www.futuremarketinsights.com/covid19/rep- gb-2951 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved
Beverage Processing Equipment Market Analysis More about the Report This Future Market Insights study of 200 pages provides all-inclusive insights on the global beverages processing equipment market. The market analysis is based on application (beverage, dairy, and fruits & vegetables), beverage type (carbonated and non- carbonated), and equipment type (brewery, filtration, carbonation, sugar dissolvers, blenders & mixtures, and heat exchangers) across six key regions (North America, Latin America, Europe, Asia, Oceania, and Middle East & Africa). Source Link: https://www.accesswire.com/589860/Measuring-the-COVID-19-Impact-Sales- of-Beverages-Processing-Equipment-Sustained-as-Alcoholic-Beverages-Continue-to-Sell- out-Online-Future-Market-Insights Explore Extensive Coverage of FMI's Food and Beverages Landscape • Cacao Beans Market • Vitamin Gummies Market • Fermented Ingredients Market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved
Beverage Processing Equipment Market Analysis About Future Market Insights (FMI) Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Contact Us Mr. Abhishek Budholiya Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: sales@futuremarketinsights.com For Media Enquiries: press@futuremarketinsights.com Future Market Insights Click here to Order a free sample For more insights on the Beverage Processing Equipment Market, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved
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