This report covers the recent COVID-19 and its impact on Beverages Processing Equipment Market. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
New York, United States – July 10, 2020 /MarketersMedia/ —
Beverages Processing Equipment refers to equipment for processing various beverages. Generally, a production line is composed of many equipment for processing various beverages, such as water treatment equipment, bottle washing machine, filling machine, sealing machine, sterilization equipment, CIP in-situ cleaning machine, Filtration equipment, packaging equipment, etc.
By the end of 2026, the global beverage processing equipment market is expected to reach 22 billion US dollars. The market value in 2019 is USD 16.5 billion. From 2019 to 2026, the market will grow at a compound annual growth rate of 4.8%. With the rise of the beverage industry, global demand will continue to expand. The growth of alcohol consumption, the demand for pasteurized milk that is usually associated with raw milk consumption is constantly increasing, and the continuous upgrading of equipment and machinery are some of the key factors driving the beverage processing equipment market. However, complex manufacturing processes, product-related safety requirements, and strict government regulations may hinder the growth of the beverage processing equipment market.
Ready-to-drink beverages have become popular among consumers due to their busy lifestyles and therefore the need to maintain moisture throughout the day. The growing demand for clean, gluten-free, low-calorie and low-carbon foods has led to an increase in the food industry’s demand for non-carbonated foods. Consumers’ awareness of health is increasing, so consumption of low-calorie and nutritious beverages has increased. In the Asia-Pacific region and Latin America, and in the next few years, consumers are likely to follow this trend and show a high demand for low-calorie beverages, which will stimulate the demand for non-carbonated beverages. Due to the increased health awareness of consumers, the worldwide demand for low-fat, low-cholesterol and low-sugar beverages is accelerating. This is also one of the key factors driving business development in the non-alcoholic beverage sector. In order to meet the growing demand for functional beverages, the development of beverage processing has become crucial. In addition to this, the government’s regulations stipulating certain hygiene standards in processing facilities have also stimulated the demand for advanced beverage processing equipment. Beverage processing equipment converts raw materials such as fruits, vegetables, water and flavorings into beverages. The increase in demand for beverages such as refreshments and health supplements is also expected to have a positive impact on the beverage processing equipment market. The beverage processing equipment market is experiencing the largest growth, due to increasing demand for beverages, increased customer preference for low-calorie beverages, increased per capita spending in developed countries, and increasing concerns about health and safety. In addition, the growing demand for hygienic manufacturing and packaging beverages, the upgrading of lean time management equipment, the use of advanced technologies to improve productivity and product performance, and the increasing focus on beverage quality are all driving the company’s revenue growth Other factors. With the development of the beverage industry, the demand for beer equipment, heat exchangers and carbonation equipment may increase, which will drive the market in the next few years.
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The Major Players Profiled in This Report Include:
GEA Group AG
Alfa Laval AB
Bucher Industries AG
HRS Process Systems Ltd
SPX FLOW Inc
Advanced Composite Industries
Armo Manufacturing Inc
Factory Automation Corporation
Briggs of Burton PLC
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Blenders & Mixers
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
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Beverages Processing Equipment Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Beverages Processing Equipment Market by Types
Chapter 4 Segmentation of Beverages Processing Equipment Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Beverages Processing Equipment Market in Major Countries
Chapter 7 North America Beverages Processing Equipment Landscape Analysis
Chapter 8 Europe Beverages Processing Equipment Landscape Analysis
Chapter 9 Asia Pacific Beverages Processing Equipment Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Beverages Processing Equipment Landscape Analysis
Chapter 11 Major Players Profile
11.1 GEA Group AG
11.1.1 GEA Group AG Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Krones AG
11.2.1 Krones AG Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 Alfa Laval AB
11.3.1 Alfa Laval AB Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Key Questions Answered by This Report:
What is the size and CAGR of the Beverages Processing Equipment Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Beverages Processing Equipment Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Beverages Processing Equipment Market?
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