Asia Pacific Beverage Processing Equipment Market

Asia Pacific Beverage Processing Equipment Market Growth and Forecast (2023 - 2028):

The Asia Pacific Beverage Processing Equipment Market was worth USD 3007.92 million in 2022 and estimated to be growing at a CAGR of 7.22%, to reach USD 4262.32 million by 2028.

Market Overview:

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.

Drivers and Restraints:

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.

Asia Pacific Beverage Processing Equipment Market Segmentation Analysis:

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 2023 to 2028.

Geographical Analysis:

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

• 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