(Food-Beverage-News.Com, August 19, 2017 ) According to the report “Beverage Processing Equipment Market by Equipment Type (Brewery Equipment, Filtration Equipment, Carbonation Equipment, Blenders & Mixers, Heat Exchangers, Others) by Beverage Type (Alcoholic Beverages, Dairy Beverages, Non-Alcohol Beverages), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, this market was worth $15.68 billion in 2016 and estimated to be growing at a CAGR of 6.03%, to reach $21.01 billion by 2021.
Beverages processing equipment helps transforming the raw fruits or vegetables ingredients into drinks. Beverages processing line is featured as multitude of sections such as fermentation, sugar syrup preparation, blending, prepared beverage storage, filling beverages into bottles, and pasteurizer. Alcoholic beverage process is majorly of two types based on their specific mode of preparation, viz. fermented and distilled beverages.
Liqueurs are primarily prepared by extracts of fruits, nuts and other food products or by blending juices. With the constant change in lifestyle and growing busy schedule, manufacturers are preparing ready to drink beverages as a dietary supplement. Above need, they are now focusing on developing processed drinks that are both nutritious and can manage energy balance.
Consumers are becoming more health conscious and they are demanding healthy beverages with low levels of fat, low cholesterol, low levels of sugar and new flavors. These factors influence the market for beverage processing equipment. Additionally, the demand for fortified beverages has escalated as the consumers have inclinations toward healthy drinks that have essential micronutrients. This is leading to the growth of non-alcoholic beverage segment during the given forecast period.
Beverages processing equipment market is witnessing an increased growth because of the rising demand for fortified drinks, consumer preference for low calories beverages, escalating per capita spending of the population in developing countries, and growing concern for safety & health. Also, increasing demand for packaged beverages & hygienically processed, equipment upgrade for lean time management, improved-technologies usage to enhance product efficacy & productivity and growing emphasis on quality of beverages are some of the other factors that are boosting the revenue growth of beverages processing equipment market in the coming future. Albeit, concerns related to safety standards, complex production process, and stringent government regulations may slow down the growth of beverage processing equipment market.
The Global Beverage Processing Equipment Market is categorized on the basis of equipment type (Brewery Equipment, Blenders & Mixers, Filtration Equipment, Carbonation Equipment Heat Exchangers, Others) and on the basis of beverage type (Non-Alcohol Beverages, Alcoholic Beverages, Dairy Beverages). Filtration equipment is used and required during the production of beverages such as juices, beer and soft drinks for separation and filtering processes. Involved in every beverage processing industry is filtration and it is observing growing demand in dairy beverage processing and fortified drinks. The filtration equipment market is estimated to grow at the highest CAGR from 2016 to 2021.
On the basis of geography, the global market is analyzed under various regions, such as, Europe, Asia-Pacific, North America and Rest of the World. Asia-Pacific has a huge market for beverages; improved standard of living of the people due to the income levels hike is one of the important factors that is driving the beverage market in this region. Moreover, China is a major contributor to the alcoholic beverage equipment market as it happens to be the world’s largest producer of beer. Big beverage companies such as PepsiCo and Coca Cola have made enormous amounts of investments in Asian countries. Based on this current scenario, there is a huge market scope for the beverage processing equipment manufacturers in bringing innovative machinery in the market that is effective enough for faster and efficient product output.
Some players of beverages processing equipment market are GEA Group AG, Krones AG, Alfa Laval AB, KHS GmbH, Tetra Pak International S.A., Pentair Plc., Bucher Industries AG, HRS Process Systems Ltd., SPX FLOW Inc., Advanced Composite Industries.
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