Processed Food Craze Fuels Beverage Equipment Market Boom | UnivDatos

 Beverage processing equipment is used for the machines used to make a variety of beverages. It also means using physical and chemical equipment to transform raw ingredients into prepared food. In addition, they are used to process different types of drinks, also the production line usually includes numerous pieces of equipment, such as water treatment equipment, bottle washing machine, filler machines, sealing machines, sterilization equipment, CIP in-site cleaning devices, filtration equipment, and packaging machines, to name a few. Additionally, they are highly used in the production of dairy, bakery, poultry, seafood, beverage, and confectionery products.

According to UnivDatos Market Insights (UMI)’ research report “Global Beverage Processing Equipment Market”, the market is expected to witness a growth of around 6% during the forecast period (2022-2028). This is owing to the growing consumption of processed and convenience foods coupled with increasing alcohol consumption. Major companies in the market offer beverage processing equipment with various applications and technologically advanced features. For instance, in Oct 2021, Gea launched its new Xtru Twin 140 extruder completing its range of high-capacity output equipment. The extruders offered the flexibility to produce a wide range of products, including cereal-based snack pellets die-cut, 2D, 3D, multilayers, square shape, punched and direct expanded; breakfast cereals; dry pet food; and any other extruded food product.

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Based on equipment type, the market is segmented into brewery, filtration, carbonation, blenders & mixtures, heat exchangers, and others. The brewery category is expected to witness the highest CAGR during the forecast period owing to the growing consumption of beer globally. In addition, the increasing demand and popularity of craft beer in India have led to an increase in the number of microbreweries and smaller craft breweries to ramp up production. Furthermore, factors such as better beer quality and beer styles over thousands of years, the growing number of social venues serving beer in cities, and the introduction of canned beer are increasing the demand for brewery equipment globally.

Based on the beverage type, the market is categorized into carbonated, non-carbonated, alcoholic, dairy-based, and processed water. Among these, the alcoholic beverage segment held a significant share of the market in 2020. This is mainly due to the growing demand for alcoholic beverages in both developed and developing countries. Additionally, the growing demand is mainly due to innovation and development in the production of vodkas, bears, flavored spirits, and cocktails, evolving consumer lifestyles, drinking preferences, and a growing number of breweries and wineries around the world. In recent years, the requirement for premium and super-premium alcoholic beverages has grown significantly. Moreover, recent advances in honey-derived products tend to become viable options for creating innovative alcoholic beverages for customers and driving potential growth of the market.

APAC to witness extensive growth

For a better understanding of the market adoption of the beverage processing equipment industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to rising disposable incomes, rapid urbanization, and growing economies such as India and China. Also, the number of food processing facilities in the region is anticipated to rise, and the supply and consumption of food and beverage processing equipment are anticipated to rise further within the region. In addition, the consumption of alcoholic and non-alcoholic beverages is rising quickly, therefore producers need highly adaptable and sustainable processes is escalating the demand in the market. Additionally, rising consumer preference for health drinks, dietary supplements, and others is anticipated to support the market expansion within the region. Many major players also emphasize using automation and technology. For instance, in Sep 2021, Quintus Technologies re-enters the food & beverage arena with the launch of new high-pressure processing (HPP) systems and customized service solutions.

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Beverage Processing Equipment market are Alfa Laval AB, GEA Group AG, Tetra Pak, Krones AG, Bucher Industries AG, SPX Flow Inc., JBT Corporation, Pentair plc, Praj Industries Ltd, KHS GmbH.

“Global Beverage Processing Equipment Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.

Market Segmentation:

1.     By Equipment Type (Brewery, Filtration, Carbonation, Blenders & Mixtures, Heat Exchangers, and Others)

2.     By Beverage Type (Carbonated, Non-Carbonated, Alcoholic, Dairy-Based, and Processed Water)

3.     By Region (North America, Europe, Asia-Pacific, Rest of the World)

4.     By Company (Alfa Laval AB, GEA Group AG, Tetra Pak, Krones AG, Bucher Industries AG, SPX Flow Inc., JBT Corporation, Pentair plc, Praj Industries Ltd, KHS GmbH)

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Key questions answered in the study:

1.     What are the current and future trends of the global beverage processing equipment industry?

2.     How the industry has been evolving in terms of equipment type and beverage type?

3.     How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.     What are the key growth drivers and challenges for the global beverage processing equipment industry?

5.     What is the customer orientation, purchase behavior, and expectations from the global beverage processing equipment suppliers across various region and countries?

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