Regional and country-level analysis and forecasts of the North America Beverage Processing Equipment Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
According to the report “North America Beverage Processing Equipment Market by Equipment Type (Brewery Equipment, Filtration Equipment, Carbonation Equipment, Blenders & Mixers, Heat Exchangers, Others) by Beverage Type (Alcoholic Beverages, Dairy Beverages, Non-Alcohol Beverages), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the North America Beverage Processing Equipment Market was worth $5.96 billion in 2016 and estimated to be growing at a CAGR of 6.15%, to reach $8.03 billion by 2021.
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Beverages processing equipment helps in transforming the raw vegetables or fruits ingredients into drinks. Beverages processing line is featured in various sections such as fermentation, blending, sugar syrup preparation, prepared beverage storage, filling beverages into bottles, and pasteurizer.
Alcoholic beverage process is of two types based on their type of preparation, viz.
Liqueurs are prepared from extracts of fruits, nuts and other food products or by juice-blending. With the constant transformation in lifestyle and growing busy schedule, manufacturers are vying to prepare ready to drink beverages as a dietary supplement.
Above that, they are now also focussing on developing processed drinks that are both nutritious and can manage energy balance.
Consumers are now more health conscious and they demand healthy beverages with low levels of fat, low levels of sugar, low cholesterol and new flavours. These factors are influencing the market for beverage processing equipment.
Moreover, the demand for fortified beverages has risen as the consumers have inclinations toward healthy drinks that have basic essential micronutrients. This is leading to the growth of non-alcoholic beverage segment during the given forecast period.
Beverages processing equipment market is observing an increased growth because of the exponential demand for fortified drinks, escalating per capita spending of the population in developing countries, consumer preference for low calories beverages and growing concern for safety & health. Additionally, equipment upgradation for lean time management increasing demand for packaged beverages & hygienically processed, improved-technologies usage to enhance product efficacy & productivity and growing emphasis on quality of beverages are some other factors that are boosting the revenue growth of beverages processing equipment market in the coming future.
Concerns related to safety standards, stringent government regulations and complex production process may slow down the growth of beverage processing equipment market.
The North America Beverage Processing Equipment Market is categorized on the basis of equipment type (Brewery Equipment, Carbonation Equipment Heat Exchangers, Blenders & Mixers, Filtration Equipment, Others) and on the basis of beverage type (Alcoholic Beverages, Non-Alcohol Beverages, Dairy Beverages). Filtration equipment is required during the production of beverages such as beer, juices and soft drinks for filtering and separation processes.
Filtration is involved in every beverage processing industry and it is observing growing demand in dairy beverage processing and fortified drinks. The filtration equipment market is projected to grow at the highest CAGR from 2016 to 2021.
On the basis of geography, the North America market is analysed under various regions, such as, United States and Canada. Based on this current scenario, there is a huge market scope for the beverage processing equipment manufacturers in bringing innovative machinery in the market that is effective enough for faster and efficient product output.
Some players of beverages processing equipment market are:
- GEA Group AG
- Krones AG
- Bucher Industries AG
- HRS Process Systems Ltd.
- SPX FLOW Inc.
- Advanced Composite Industries
- Alfa Laval AB
- KHS GmbH
- Tetra Pak International S.A.
- Pentair Plc.
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