Segment-level analysis in terms of technology, component, and type along with Europe Beverage Processing Equipment Market size forecasts and estimations to detect key areas of industry growth in detail
According to the report “Europe 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 Europe Beverage Processing Equipment Market was worth $3.92 billion in 2016 and estimated to be growing at a CAGR of 6.05%, to reach $5.26 billion by 2021.
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Beverages processing equipment helps in making the raw vegetables or fruits ingredients into drinks. Beverages processing line is used in various sections such as sugar syrup preparation, blending, fermentation, prepared beverage storage, filling beverages into bottles and pasteurizer.
Alcoholic beverage process is of two types based on their type of preparation, viz.distilled beverages and fermented.
Liqueurs are made from extracts of nuts, fruits and other food products or by juice-blending. With the constant change in lifestyle and growing busy schedule, manufacturers are trying to prepare ready to drink beverages as a dietary supplement.
Moreover, they are now also rapidly trying to develop processed drinks that are both nourishing and can manage energy balance.
Consumers are now exceedingly health conscious and they are demanding healthy beverages with low cholesterol, low levels of fat, low levels of sugar and new flavours. These reasons are influencing the market for beverage processing equipment.
Additionally, the demand for fortified beverages has surged higher as the consumers are moving toward healthy drinks that have basic essential micronutrients. This is driving the growth of non-alcoholic beverage segment during the given forecast period.
Beverages processing equipment market is witnessing an amplified growth because of the increasing demand for fortified drinks, rising per capita spending of the population in developing countries, buyer preference for low calories beverages and growing worry for safety & health. equipment upgradation for lean time management increasing demand for packaged beverages & hygienically processed, improved-technologies usage to enhance product efficacy & productivity and increasing emphasis on quality of beverages are some other factors that are increasing the revenue growth of beverages processing equipment market in the coming future.
Concerns related to safety standards, strict government regulations and intricate production process may hamper the growth of beverage processing equipment market.
The Europe Beverage Processing Equipment Market is characterized on the basis of equipment type (Carbonation Equipment Heat Exchangers, Brewery Equipment, Blenders & Mixers, Filtration Equipment, Others) and also on the basis of beverage type (Non-Alcohol Beverages, Alcoholic Beverages, Dairy Beverages). Filtration equipment is needed during the production of beverages such as juices, beer, and soft drinks for separation and filtering processes.
Filtration is of prime importance in every beverage processing industry and it is witnessing growing demand in dairy beverage processing and fortified drinks. The filtration equipment market is anticipated to grow at the highest CAGR in the forecast period.
On the basis of geography, the Europe market is analysed under various regions, such as, Germany, United Kingdom,. 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 efficient and faster product output.
Some players of beverages processing equipment market are:
- Advanced Composite Industries
- GEA Group AG
- Alfa Laval AB
- KHS GmbH
- Tetra Pak International S.A.
- Pentair Plc.
- Krones AG
- Bucher Industries AG
- RS Process Systems Ltd.
- SPX FLOW Inc.
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