Beverage Processing Equipment Market

Beverage Processing Equipment Market witnessed USD 19,300 Million in 2022, growing at a robust CAGR of 5% during forecast period.

Major Beverage Processing Equipment Market Drivers

The processing of beverages involves numerous steps, including preparation of sugar syrup, fermentation, and blending of the liquid. Various types of processing equipment such as blenders & mixers, sugar dissolvers, and heat exchangers are used for the production of alcoholic, dairy, carbonated, and non-carbonated beverages across the industries.

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The significant factors contributing to the growth of the Global Beverage Processing Equipment Market include the increase in alcohol consumption across the globe and the continuous upgradation in the equipment and machineries. Due to the adoption of modern lifestyle and the high disposable income of middle-class families, the consumer’s preference has drastically shifted towards the consumption of soft drinks and beers, which will drive the demand of the beverage processing equipment market. The growing need for pasteurized milk to combat the raw milk outbreaks coupled with increasing demand for UHT milk and organic milk will further accelerate the demand of the market. The emergence of green technologies is promoting manufacturers to replace the old beverage processing equipment with energy-efficient variants to minimize the cost of production and reduce the carbon footprint. For instance, the introduction of machine learning and Industrial Internet of Things (IoT) in the food & beverage processing equipment and customization option in the equipment will enhance the production capacity of the equipments. This continuous technological innovation will create new opportunities in the market, thereby surging the demand for the beverage processing equipment market over the coming years. The growing consumer awareness regarding diseases such as diabetes, obesity, and heart attacks, is encouraging the consumers to opt for healthy beverages with low fat and no sugar content. This factor will positively influence the market for beverage processing equipment. On the other hand, the high capital investment, complicated production process, and stringent government regulations will hamper the growth of the market during the forecast period.

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Based on type, the Global Beverage Processing Equipment market is segmented into Brewery Equipment, Filtration Equipment, Carbonation Equipment, Sugar Dissolvers and Blenders & Mixers, Heat Exchangers, and Others. The Brewery equipment segment is anticipated to lead the market during the forecast period owing to the increasing adoption of brewery equipment in the production process of beer driven by the high demand for beer, especially in North America, Europe, and Asia Pacific regions. Moreover, the increasing income level of the target consumers will have a positive impact on the demand of the beer during the forecast period.

Based on Beverage type, the Global Beverage Processing Equipment market is segmented into Alcoholic beverages, Non-Alcoholic beverages, and Dairy beverages. The alcoholic beverages are expected to grow at a higher CAGR during the forecast period due to the significant increase in the demand for alcohol in the emerging markets, including the Asia Pacific and South America regions. Moreover, the consumers in the European nations are significantly shifting towards low-calorie beers, thereby fuelling the market growth.

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Regional – Segment Analysis

Based on region, the Asia- Pacific region is expected to grow at a higher CAGR during the forecast period due to the growing demand for beverages, including carbonated beverages, fruit juices, and alcoholic beverages. The increasing population growth rate and the improved standard of living of the people, specifically in India, China, and Japan, will drive the demand for beverage processing equipment in this region. Significant players in Asia-Pacific are focusing on product innovation and expansion of their distribution channels in the developing economies such as India, to capture the growing demand of the customers.

Top Market Players

Various notable players operating in the market include Tetra Laval, GEA Group, Alfa Laval, Krones Group, Bucher Industries, SPX Flow, JBT Corporation, KHS GmbH, Pentair, and Praj Industries, among others.

Segments covered in the Report:

The Global Beverage Processing Equipment market has been segmented on the basis of type, beverage type, and key region. On the basis of the type, the market is segmented into Heat Exchangers, Brewery Equipment, Carbonation Equipment, Sugar Dissolvers and Blenders & Mixers, Filtration Equipment and Others. Based on Beverage Type, the market is segmented into Alcoholic beverages, Non-Alcoholic beverages, and Dairy beverages.

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Market Segmentation

Global Beverage Processing Equipment Market by Type

• • Brewery Equipment
  • Carbonation Equipment
  • Blenders & Mixers
  • Filtration Equipment
  • Sugar Dissolvers
  • Heat Exchangers

Global Beverage Processing Equipment Market by Beverage Type

• • Alcoholic
  • Non-Alcoholic
    • Carbonated
    • Non-Carbonated
  • Diary Beverages

Global Beverage Processing Equipment Market by Region

• • North America Beverage Processing Equipment Market (Option 1: As a part of the free 25% customization)
    • By Type
    • By Beverage Type
    • United States of America (US) Market All-Up
    • Canada Market All-Up
  • Europe Beverage Processing Equipment Market (Option 2: As a part of the free 25% customization)
    • By Type
    • By Beverage Type
    • United Kingdom (UK) Market All-Up
    • Germany All-Up Market
    • France All-Up Market
    • Spain All-Up Market
    • Rest of Europe All-Up Market
  • Asia-Pacific Beverage Processing Equipment Market (Option 3: As a part of the free 25% customization)
    • By Type
    • By Beverage Type
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • Asia-Pacific Beverage Processing Equipment Market (Option 3: As a part of the free 25% customization)
    • By Type
    • By Beverage Type
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Beverage Processing Equipment Leading market players (Option 5: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Tetra Laval
  • GEA Group
  • Alfa Laval
  • Krones Group
  • Bucher Industries
  • SPX Flow
  • JBT Corporation
  • KHS GmbH
  • Pentair
  • Praj Industries