The global beverage processing equipment market is anticipated to grow at a notable compound annual growth rate (CAGR) of 4.9% over the next decade. By 2033, the market is projected to reach USD 12.8 billion, up from USD 7.7 billion in 2023.
Recent trends in the global beverage industry reflect a shift driven by diverse consumer preferences. The increasing demand for a wide range of beverages—spanning alcoholic, non-alcoholic, and dairy products—has spurred innovation in beverage processing equipment.
The Asia Pacific region is emerging as a key market for both alcoholic and non-alcoholic beverages, with China and India leading in beer and soft drink consumption. Factors such as rising populations, globalization, and a growing affinity for Western lifestyles are contributing to this surge in demand.
Beverage companies are targeting the expanding middle class in developing regions like Asia, the Pacific, the Middle East, and Africa. To keep pace with the rapidly increasing demand in a competitive market, producers are investing in versatile and sustainable processing technologies.
Full Market Assessment: Comprehensive Report
Key Takeaways from the Beverage Processing Equipment Market Study:
- The beverage processing equipment industry in France is expected to witness a CAGR of 4.7% during the forecast period (2023 to 2033).
- The Germany beverage processing equipment industry is expected to continue to dominate Europe till 2033 and generate a share of USD 1.9 Billion.
- The demand for beverage processing equipment is projected to grow at a CAGR of around 5.7% over the next ten years in the U.K.
- The global market for beverage processing equipment is expected to rise from USD 7.7 Billion in 2023 to USD 12.8 Billion in 2033.
- Sales of beverage processing equipment are expected to rise at a CAGR of 4.9% during the forecast period.
Emerging Trends Shaping the Beverage Processing Equipment Market:
The beverage industry is experiencing rapid growth and holds significant promise for the future. The operation of beverage processing facilities necessitates a considerable amount of electricity to power various equipment, including plant machinery, refrigeration systems, lighting, and other mechanical processes.
Within the beverage industry, certain critical processes such as pasteurization and evaporation rely heavily on thermal energy. Pasteurization, in particular, plays a pivotal role in eliminating harmful pathogens and deactivating enzymes, ensuring the safety and quality of beverages. However, it’s important to note that these processes consume substantial energy resources, primarily in the form of electricity and other fuels.
This heightened energy consumption in pasteurization and related procedures has led to a notable surge in demand for specialized equipment such as milk pasteurizers and milk homogenizers. These devices are engineered to optimize energy usage while maintaining the requisite high standards of quality and safety in beverage processing.
Key Players Profiled:
- Tetra Laval (Switzerland)
- Brawn Mixer (Netherlands)
- Paul Mueller Company (USA)
- GEA Group (Germany)
- KHS GmbH (Germany)
- Dover Corporation (USA)
- Neologic Engineers (India)
- Alfa Laval (Sweden)
- Krones Group (Germany)
- Bucher Industries (Switzerland)
- SPX Flow (USA)
- JBT Corporation (USA)
- Steplead International Co., Ltd.(China)
- Luwico Group Co., Limited (China)
- Pentair (USA)
- Bettcher Industries, Inc. (USA)
- Heat and Control, Inc. (USA)
Beverage Processing Equipment Market Outlook by Category:
By Product Type:
- Beverage Mixers & Blenders
- Tumbler Blender
- Ribbon Blender
- Paddle Mixer
- Agitator
- Emulsifiers
- Milk Homogenizers
- Heavy Duty Mixers
- Sugar Dissolvers
- Heat Exchanger
- Shell and Tube Heat Exchanger
- Plate Heat Exchangers
- Plate and Shell Heat Exchanger
- Adiabatic Wheel Heat Exchanger
- Plate Fin Heat Exchanger
- Brewery
- Fermentation Equipment
- Brew House Equipment
- Carbonation
- Control & Monitoring
- Filling & Packaging
- Mashing Equipment
- Milling Equipment
- Filtration
- Sedimentation Equipment
- Gravity Filtration Equipment
- Centrifugal Separators
- Clarifiers
- Thickeners
- Others (Cooling Tunnel, Storage Tanks, Milk Pasteurizer, and Crushers)
By Beverage Type:
- Alcoholic
- Non-alcoholic
- Carbonated
- Non-Carbonated
- Dairy-Based Beverages
By Automation Grade:
- Automatic
- Semi-automatic
By Region:
- North America
- Latin America
- East Asia
- South Asia
- Oceania
- Europe
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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