Beverages

The beverage processing equipment market is expected to grow from USD 20.4 billion in 2021 to USD 26.4 billion by 2026, registering a compound annual growth rate (CAGR) of 5.3%

during the forecast period. Some of the major factors driving the growth are rising alcohol consumption, growing demand for pasteurized milk, and the shift from semi-automatic to automatic beverage processing equipment.

New York, Jan. 21, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Beverage Processing Equipment Market by Type, Beverage Type, Mode of Operation and Region – Global Forecast to 2026” – https://www.reportlinker.com/p03681938/?utm_source=GNW

The brewery equipment segment is expected to dominate the beverage processing equipment market over the forecast period.
The beverage processing equipment market is segmented, based on type of equipment, into brewery equipment, filtration equipment, carbonation equipment, sugar dissolvers and blenders and mixers, heat exchangers and others. The others segment includes cooling tunnels, storage tanks and crushers.
These equipments have various applications in alcoholic, non-alcoholic, carbonated, non-carbonated and dairy beverage applications. The market in regions such as Asia-Pacific, Africa, and South America has huge growth potential as the economy in these regions is growing and the demand for beverages such as beer and non-alcoholic beverages remains high.

The category of brewery equipment includes various equipment such as mash vats, mashing vats, fermentation tanks, bright tanks, filters, conditioning tanks and pasteurizers, which help in the beer production process.

Automatic equipment sub-segment under operating mode segment in beverage processing equipment market is expected to register the fastest growth till 2026.

On the basis of mode of operation, the beverage processing equipment market is segmented into automatic and semi-automatic operation mode. Based on the mode of operation, the automatic segment is expected to register the highest growth in the beverage processing equipment market between 2021 and 2026.

International manufacturers offer complete turnkey solutions that can perform pre-treatment and actual processing operations and beverage packaging. With the availability of these fully automated and integrated processing lines, operational efficiency and proper control of the production process are achieved.

Fully automatic processing lines are an essential part of huge manufacturing units and provide economies of scale.

Asia-Pacific is expected to register the highest growth during the forecast period.
Asia-Pacific beverage processing equipment market is expected to witness the highest growth between 2021 and 2026. The region’s industrial growth over the years, followed by improvements in the beverage industry, has created new opportunities for the beverage processing equipment market.

Growing middle class population in the region, increasing disposable income of customers, and demand for beverages to be consumed on the go are driving the growth of beverage processing equipment market. The per capita consumption of beverage processing equipment in the Asia-Pacific region is increasing due to emerging economies such as China, India, and Indonesia.

A large number of beverage companies have expanded their manufacturing facilities in these countries, which has also boosted the beverage processing equipment market.

In-depth interviews were conducted with CXOs, key managers and executives from various key organizations operating in the beverage processing equipment market.

Primary breakdown
• By type of business: Level 1: 40%, Level 2: 35% and Level 3: 25%
• By designation: level C – 45%, level D – 30% and others * – 25%
• By region: North America – 25%, Europe -30%, Asia-Pacific – 35% and Rest of the world** – 10%

*Others include Sales Managers, Marketing Managers and Product Managers.
**RoW includes South America, Middle East and Africa.

The major players profiled in this report are:
• Tetra Laval (Switzerland)
• GEA Group (Germany)
• Alfa Laval (Sweden)
• Krones Group (Germany)
• Bucher Industries (Switzerland)
• SPX FLOW (USA)
• JBT Corporation (USA)
• KHS GmbH (Germany)
• Pentair (United States)
• Praj Industries (India)

Research coverage
The study covers the beverage processing equipment market in various segments. It aims to estimate the market size and its growth potential in different segments based on type, beverage type, mode of operation and region.

The study also includes an in-depth competitive analysis of key market players along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Purchasing the Report
The report will assist market leaders/new entrants in this market with information on the closest approximations of revenue figures for all segments and sub-segments of the beverage processing equipment market. This report will help stakeholders to understand the competitive landscape and acquire more information to position their businesses. better and plan appropriate go-to-market strategies.

The report will also help stakeholders understand the pulse of the market and provide them with insights into key market drivers, restraints, challenges, and opportunities.
Read the full report: https://www.reportlinker.com/p03681938/?utm_source=GNW

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