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. The effect of on-the-go lifestyles in developing economies has driven the market for packaged beverages.

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

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The beverage processing equipment market comprises several stakeholders such as suppliers, R&D institutes, and end-product manufacturers in the supply chain. The demand side of the market is characterized by the presence of importers/exporters, distributors, and manufacturers of beverages. The supply side is characterized by the presence of key opinion leaders, executives, vice presidents, and CEOs of beverage processing equipment manufacturing companies.

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 global 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 dairy beverages segment is projected to witness the fastest growth in the beverage processing equipment market in 2019.

By beverage type, the beverage processing equipment market is segmented into alcoholic beverages, non-alcoholic beverages, and dairy beverages. The dairy segment is projected to record the highest CAGR during the forecast period. The rise in the consumption of dairy beverages has also led to an increase in the demand for processing equipment across regions.

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.

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Key Market Players

The key players profiled in the beverage processing equipment market include 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). These companies are focusing on strategies such as new product launches, expansions & investments, acquisitions, agreements, joint venture, and partnerships to expand their operations across the globe.

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?