Beverage Processing Equipment Market

Global Beverage Processing Equipment Market Size (2024 To 2029)

The size of the global beverage processing equipment market is expected to be worth USD 20.07 billion in 2024 and grow at a CAGR of 5% from 2024 to 2029 to achieve USD 25.61 billion by 2029. The global market is supposed to grow simultaneously with the rise in the worldwide beverage industry.

Beverages can be treated as flavoured drinks consumed by humans, except for water. They play an essential role in human culture to satisfy thirst. Beverages are waterless drinks that a person can consume. Drinking water is important to your health, but there are a variety of drinks developed by manufacturers to provide the body with the essential nutrients it needs and to complement dehydration. With constant lifestyle changes and a busy schedule, manufacturers are ready to sip drinks with dietary supplements. It also focuses on the development of processed beverages that are rich in nutrition and can manage energy balance. Beverage processing equipment helps convert raw fruit or vegetable ingredients into beverages. The beverage processing line comes in various sections, such as preparing sugar syrup, mixing, fermenting, storing prepared beverages, bottled beverages, and pasteurizers. There are two types of alcoholic beverage processes, depending on the fermentation mode and the way distilled beverages are made. Liquors are mainly made by mixing nuts, fruits and other extracts or food juices. Increased alcohol consumption and an increased need for pasteurized milk to cope with the crude oil outbreak are factors driving demand for beverage processing equipment.

MARKET DRIVERS

The beverage processing equipment market is expected to increase demand due to growth in applications in the food and beverage industry.

The beverage processing equipment market is on the rise as consumers around the world consume soft drinks and beers due to better consumer standards. Consumers are becoming more health-conscious and demand new flavors of healthy drinks with low fat, cholesterol and sugar content. These aspects promote the global beverage processing equipment market. Furthermore, the demand for fortified beverages has increased as consumers pay more attention to healthy beverages with essential micronutrients. This has resulted in the development of the soft drink business during the calculated time. The increase in intake of consumer goods, such as soft drinks, juices, and beer, has risen with improved living standards. The rise in disposable income will further increment spending on beverages by consumers. To increase market share, some companies increase productivity and upgrade equipment and machinery to enhance the growth of the beverage processing equipment market. The size of the beverage process measurement market is expected to increase rapidly due to the increased application of the food and beverage business. Busy drinks have become popular with consumers due to their busy lifestyle. As the demand for clean, low-calorie, low-calorie, and gluten-free foods increased, sodas in the food industry increased. The growth of the carbonated beverage market accelerated as the overall demand for beverage processing equipment increased and customer health awareness increased.

Developing countries in the Asia Pacific and South America will embrace the low-calorie beverage trend for years to drive the carbonated beverage market in beverage manufacturing equipment. Consumers are becoming more conscious about health, and the call of low-calorie and nutritious beverages has promoted the sales of fruit juice. An increase in revenue can further improve customer payment for drinks. Its higher consumption will also benefit the demand for additional impulses in the food process employment sector and the liquid process metrology market. In addition, the growing demand for packaged and sanitary beverages, gradients of upgrade equipment for delay management, the use of advanced technologies to improve product productivity and efficiency, and the emphasis on beverage quality are other factors that can drive sales growth in the global beverage processing equipment market in the future. The market is expected to perform well in the near future as knowledge of processed beverages increases and demand for beverage preparations increases. Increased investment in R&D by government and non-government organizations to develop new technologies and implement automation is driving market growth by increasing productivity and reducing operating costs.

MARKET RESTRAINTS

Complex production processes, product-related safety standards and strict government regulations may hinder the growth of the beverage processing equipment market in the near future. Restriction in the liquid process metrology market is an advanced production method. The production process has evolved as the demand for high yields and high styles and quality increases. High capital costs and complex production processes for beverage processing equipment are key factors that challenge the growth of the industry.

REPORT COVERAGE

REGIONAL ANALYSIS

Depending on the region, the global beverage processing equipment market is divided into seven main regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and the Middle East and Africa. The Asia Pacific region has the largest share in the beverage processing equipment business. The market in the Asia Pacific region is encouraged by the surge in demand for soft drinks, fruit juices, and alcoholic beverages. Improving people's standard of living due to rising income levels is one of the main factors driving the beverage market in the region. This is to strengthen the demand for drinks that are ready to drink due to the standard of living due to population growth, busy hours, and increase awareness of diet products in this area. In addition, China is the world's largest beer producer, making it the largest contributor to sales growth in the APAC beverage processing equipment market.

North America is the largest market for beverage processing equipment due to increased regional consumption of alcoholic and non-alcoholic beverages. The presence of large companies and research and development facilities, including PepsiCo and Coca Cola, further accelerates industrial growth. Europe represents an increasing proportion of dairy substitutes as consumers become more health-conscious in the region. Moreover, the Middle East and Africa have high participation, and it is expected to grow as the demand for non-aerated and multifunctional drinks, such as energy drinks and juices, increases.

KEY PLAYERS IN THE GLOBAL BEVERAGE PROCESSING EQUIPMENT MARKET

Major Key Players in the global beverage 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 and Others.

RECENT HAPPENINGS IN THE MARKET

• In February 2019, Alfa Laval launched a twin-screw pump added to the company's hygiene pump portfolio for use in the dairy, food and personal hygiene industries.
• In Apr 2019, Caloris Engineering, LLC signed a commercial acquisition agreement with Seitz Stainless.
• In October 2018, Krones Inc. expanded its share of the food and beverage processing market by acquiring the W.M.

DETAILED SEGMENTATION OF THE GLOBAL BEVERAGE PROCESSING EQUIPMENT MARKET INCLUDED IN THIS REPORT

This research report on the global beverage processing equipment market has been segmented and sub-segmented based on equipment type, beverage type, and region.

By Equipment Type

• Brewery Equipment           
• Filtration Equipment          
• Carbonation Equipment   
• Blenders & Mixers              
• Heat Exchangers  
• Others     

By Beverage Type

• Alcoholic Beverages           
• Dairy Beverages   
• Non-Alcohol Beverages

By Region

• North America
• Europe
• The Asia Pacific
• Latin America
• The Middle East and Africa