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Beverage Processing Equipment Market by Keyplayers Tetra Laval, GEA Group, Alfa Laval 2021-2027

December 20th, 2021 10:39 AM

The global beverage processing equipment market is estimated to be valued at USD 19.22 billion in 2020 and is projected to reach USD 26.33 billion by 2027, recording a CAGR of 4.5 % from 2020 to 2027. The market for beverage processing equipment is on the rise as the consumers across the globe are spending on soft drinks and beers due to improved standard of living of the consumers. Consumers have become more health conscious and they demand healthy beverages with low fat, low cholesterol, low sugar, new flavors. These factors are influencing the market for beverage processing equipment. Also, the demand for fortified beverages has increased as the consumers are more inclined towards healthy drinks that have essential micronutrients. This has led to the growth of non-alcoholic beverage segment during the forecast period.

The companies in beverage processing equipment are focusing on expansions, new launches and develop technologically advanced beverage processing equipment, thereby driving the market for beverage processing equipment. The drivers for this market include increasing disposable income, busy lifestyle, technological advancements, increasing demand for fortified beverages. Beverage processing equipment vary in terms of features, sizes, and specifications depending upon the type of beverage.

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Global Beverage Processing Equipment Market Key Segments:

On the Basis of Type: Raw Material Processing Equipment, Filling and Packaging Equipment

On the Basis of Application: Alcoholic Beverage, Non-alcoholic Beverage, Dairy Products

On the Basis of Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

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The Beverage Processing Equipment market in APAC is expected to hold a major market share during the forecast period as countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities wherein automation of manufacturing processes has been taken as the highest priority. Also, strong competition among consumer electronics companies in APAC is likely to boost the adoption of machine vision systems in the region. The growing awareness about and demand for high-quality and zero-defect products has fuelled the need for Beverage Processing Equipment in inspection-related applications in the manufacturing fields.

However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighbouring countries are linked to one another through trade relations and supply chain the entire region is affected with the outbreak of COVID-19 which will have a significant impact on the said market in this region for the forecast period.

TABLE OF CONTENTS

Chapter 1. Executive Summary

Chapter 2. Research Methodology

Chapter 3. Market Outlook

Chapter 4. COVID-19 Impact on Beverage Processing Equipment Market

Chapter 5. Global Beverage Processing Equipment Market Overview, By Application, 2015 – 2027(USD Million)

Chapter 6. Global Beverage Processing Equipment Market Overview, By Distribution Channel, 2015 – 2027(USD Million)

Chapter 7. Global Beverage Processing Equipment Market Overview, By Geography, 2015 – 2027(USD Million)

Chapter 8. North America Beverage Processing Equipment Market Overview, By Countries, 2015 – 2027(USD Million)

Chapter 9. Europe Beverage Processing Equipment Market Overview, By Countries, 2015 – 2027(USD Million)

Chapter 10. Asia Pacific Beverage Processing Equipment Market Overview, By Countries, 2015 – 2027 (USD Million)

Chapter 11. Middle East & Africa Beverage Processing Equipment Market Overview, By Countries, 2015 – 2027 (USD Million)

Chapter 12. South America Beverage Processing Equipment Market Overview, By Countries, 2015 – 2027 (USD Million)

Chapter 13. Competitive Landscape

Chapter 14. Key Vendor Analysis

Chapter 15. Beverage Processing Equipment Market Cost Analysis

Chapter 16. Sourcing Strategy and Downstream Buyers

Chapter 17. Marketing Strategy Analysis, Distributors/Traders

Chapter 18. Market Effect Factors Analysis

Chapter 19. Future Outlook of the Market

Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lie.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

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