Apr 10, 2019   SOURCE: BusinessWire

Beverage Processing Equipment (Brewery, Filtration, Carbonation, Sugar Dissolvers, Blenders & Mixers, and Heat Exchangers) Market - Global Forecast to 2025 - ResearchAndMarkets.com

The "Beverage Processing Equipment Market by Type (Brewery, Filtration, Carbonation, Sugar Dissolvers, Blenders & Mixers, and Heat Exchangers), Beverage Type (Alcoholic, Carbonated, Non-Carbonated, Dairy), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The global beverage processing equipment market is estimated to be valued at USD 18.2 billion in 2019 and is projected to reach USD 24.3 billion by 2025, recording a CAGR of 5.0% from 2019 to 2025.

The rise in consumer spending on fast-moving consumer goods such as soft drinks, beer, and nutritional beverages have driven the market for beverage processing equipment. However, the rising power and energy costs are inhibiting the growth of the beverage processing equipment market.

The effect of on-the-go lifestyles in developing economies has driven the market for packaged beverages. The rise in consumer spending for fast-moving consumer goods such as soft drinks and beer have driven the market for beverage processing equipment.

The segmentation of the beverage processing equipment market is based on the type, beverage type, and region. The types of beverage processing equipment include brewing equipment, filtration equipment, carbonation equipment, sugar dissolvers, blenders & mixers, heat exchangers, and others (cooling tunnels, storage tanks, and crushers). The market is further segmented on the basis of the type of beverage consumed - alcoholic, non-alcoholic, and dairy beverages. The beverage processing equipment market, by region, is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW).

The key players in this market includes Tetra Laval (Switzerland), GEA Group (Germany), Alfa Laval (Sweden), Krones Group (Germany), Bucher Industries (Switzerland), SPX FLOW (US), JBT Corporation (US), KHS GmbH (Germany), Pentair (US), and Praj Industries (India).

Market Dynamics

Drivers

  • Increasing Alcohol Consumption
  • Rapid Growth of Micro breweries
  • Growing Need for Pasteurized Milk to Combat the Raw Milk Outbreaks
  • Upgradation of Equipment & Machinery
  • Emergence of New Technologies to Increase Productivity
  • Innovative Technologies Such as Encapsulation to Boost the Growth of the Beverage Industry
  • Emerging Trends of UHT Milk and Milk Products

Restraints

  • Increasing Costs of Power & Energy

Opportunities

  • Growing Market in Emerging Countries
  • Asia's Share in Global Middle Class Consumption is Growing Rapidly
  • Beverage Processors' Demand for After-Sales Services to Enhance Operational Efficiency

Challenges

  • High Capital Investment
  • Regulatory Environment

Beverage Industry

  • Alcohol Industry
  • Brewery Industry
  • Soft Drink Industry
  • Fortified Beverages: Water-Soluble Vitamins
  • Dairy Industry
  • Dairy Fortification: A Major Trend

Regulatory Policies for Beverage Processing Equipment

  • European Union
  • EU Regulation on Milk and Milk Products
  • General Dairy Conditions
  • North America (US and Canada)
  • USFDA - US Food and Drug Administration Inspection Guide
  • CFR - Code of Federal Regulations Title 21
  • Regulation for Raw Milk Receiving
  • Regulation for Raw Milk Processing
  • Canada
  • Asia Pacific (Japan and China)

Companies Mentioned

  • Alfa Laval
  • Anheuser-Busch Inbev
  • Arizona Beverages
  • Bucher Industries
  • C & C Beverages
  • Campbell Soup Company
  • DR Pepper Snapple Group, Inc.
  • GEA Group
  • JBT Corporation
  • KHS GmbH
  • Keurig DR Pepper
  • Krones Group
  • Langer Juice Company
  • Molson Coors Brewing Company
  • National Beverage Corporation
  • Ocean Spray
  • Pentair
  • Pepsico Inc.
  • Praj Industries
  • SPX Flow
  • Starbucks Corporation
  • Tetra Laval
  • The Coca-Cola Company
  • The J. M. Smucker Company
  • The Whitewave Foods Company
  • Unilever Group

For more information about this report visit https://www.researchandmarkets.com/r/8yk4cf