The Asia Pacific Beverage Processing Equipment Market was worth USD 3007.92 million in 2021 and estimated to be growing at a CAGR of 7.22%, to reach USD 4262.32 million by 2026.
Beverages processing equipment is vital in making fruits or raw vegetables ingredients into drinks. Beverages processing line is used in multiple sections such as blending, fermentation, sugar syrup preparation, prepared beverage storage, filling beverages into bottles and pasteurizer. Likewise, Alcoholic beverage process is divided in two segments based on their type of preparation, viz. fermented and distilled beverages. Liqueurs are made from extracts of fruits, nuts and other food products or by blending juices. With the constant enhancing lifestyles and schedules getting busier, manufacturers are trying to prepare ready to drink beverages as a dietary supplement. Additionally, they are now also trying to make processed drinks that are both nutritious and can manage energy balance.
Consumers are now more health conscious and they are asking for healthy beverages with low levels of cholesterol, fat, sugar and new flavours altogether. This is influencing the market for beverage processing equipment. Furthermore, the demand for fortified beverages has risen as the consumers are moving toward healthy drinks that have essential micronutrients. This is driving the growth of non-alcoholic beverage segment in the forecast period.
Beverages processing equipment market is observing growth because of the growing demand for fortified drinks, rising per capita spending of the people in developing countries, consumer preference for low calories beverages and growing concerns for safety & health. Moreover, equipment upgradation for lean time management has increased demand for 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 near future. Worries related to safety standards, stringent government regulations and complex production process may slow down the growth of beverage processing equipment market.
The Asia Pacific Beverage Processing Equipment Market is categorized on the basis of equipment type (Brewery Equipment, Blenders & Mixers, Carbonation Equipment Heat Exchangers, Filtration Equipment, Others) and on the basis of beverage type (Alcoholic Beverages, Non-Alcohol Beverages, Dairy Beverages). Filtration equipment is primarily needed during the production of beverages such as beer, juices, and soft drinks for separation and filtering processes. Filtration is of importance in every beverage processing industry and it is observing growing demand in dairy beverage processing and fortified drinks. The filtration equipment market is expected to grow at the highest CAGR from 2020 to 2025.
Geographically the Asia Pacific Beverage Processing Equipment Market is segmented into India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia. Based on this current scenario, there is a huge scope for the beverage processing equipment manufacturers in innovations related to machinery in the market that is effective enough for efficient and faster product output.
Key Players in the Market:
Major Key Players in the APAC Beverage Processing Equipment Market are
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Equipment Type
5.1.1 Introduction
5.1.2 Brewery Equipment
5.1.3 Filtration Equipment
5.1.4 Carbonation Equipment
5.1.5 Blenders & Mixers
5.1.6 Heat Exchangers
5.1.7 Others
5.1.5 Y-o-Y Growth Analysis, By Equipment Type
5.1.6 Market Attractiveness Analysis, By Equipment Type
5.1.7 Market Share Analysis, By Equipment Type
5.2 Beverage Type
5.2.1 Introduction
5.2.2 Alcoholic Beverages
5.2.3 Dairy Beverages
5.2.4 Non-Alcohol Beverages
5.2.5 Y-o-Y Growth Analysis, By Beverage Type
5.2.6 Market Attractiveness Analysis, By Beverage Type
5.2.7 Market Share Analysis, By Beverage Type
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Equipment Type
6.1.3.3 By Beverage Type
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Equipment Type
6.1.4.3 By BeverageType
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Equipment Type
6.1.5.3 By Beverage Type
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 GEA Group AG
8.1.1 Overview
8.1.2 Product Type Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Krones AG
8.3 Alfa Laval AB
8.4 KHS GmbH
8.5 Tetra Pak International S.A.
8.6 Pentair Plc.
8.7 Bucher Industries AG
8.8 HRS Process Systems Ltd.
8.9 SPX FLOW Inc.
8.10 Advanced Composite Industries
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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