The Middle East and Africa Beverage Processing Equipment Market was worth USD 1169.83 million in 2020 and estimated to be growing at a CAGR of 4.67%, to reach USD 1489.84 million by 2026.
Beverages processing equipment is required in processing raw vegetables and fruits ingredients into drinks. Beverages processing line is used in sections such as fermentation, prepared beverage storage, sugar syrup preparation, blending, filling beverages into bottles and pasteurizer. Additionally, Alcoholic beverage process is divided in two sub-segments based on their type of preparation, viz. fermented and distilled beverages. Liqueurs are prepared from extracts of fruits, nuts and other food products or by juice-blending. With improving lifestyles and daily-schedules getting all busy, manufacturers are focussing on ready to drink beverages as a dietary supplement. Moreover, they are now also trying to manufacture processed drinks that are both nutritious and can maintain energy balance.
Drivers and Restraints:
Customers are now more health-conscious and they ask for healthy beverages with low levels of cholesterol, fat, sugar and new flavours altogether. This is directly influencing the market in a positive way for beverage processing equipment. Also, the demand for fortified beverages has gone up as the consumers are moving toward healthy drinks that have required essential micronutrients. This is indirectly driving the growth of non-alcoholic beverage segment in the given forecast period.
Beverages processing equipment market is observing growth following the increasing demand for fortified drinks, rising in per capita spending of the population in developing countries, growing concerns for safety & health and buyer preference for low calories beverages. Additionally, equipment upgradation for lean time management has grown the demand for improved-technologies usage to enhance product effectiveness & productivity and increasing stress on quality of beverages - are some more factors that are increasing the revenue growth of beverages processing equipment market in the future. Safety-related concerns, stringent government regulations and complex production process may slow down the growth of beverage processing equipment market.
Market segmentation Analysis:
The Middle East and Africa Beverage Processing Equipment Market is categorized on the basis of equipment type (Blenders & Mixers, Carbonation Equipment Heat Exchangers, Brewery Equipment, Filtration Equipment, Others) and also on the basis of beverage type (Alcoholic Beverages, Non-Alcohol Beverages, Dairy Beverages). Filtration equipment is required during the production of beverages processed drinks for separation and filtering processes. Filtration is of huge importance in every beverage processing industry and it is expecting a growing demand in dairy beverage processing and fortified drinks. The filtration equipment market is projected to grow at the highest CAGR from 2016 to 2022. On the basis of geography, the Middle East and Africa market is analysed under various regions, such as South Africa, Israel, Egypt, etc. Based on this current scenario, there is huge scope for the beverage processing equipment manufacturers in innovations related to machinery in the market that is effective enough for faster product output.
Key Players in the Market:
Major key players in the MEA Beverage Processing Equipment Market are
EA Group AG, Pentair Plc., Krones AG, Bucher Industries AG, SPX FLOW Inc., HRS Process Systems Ltd., Advanced Composite Industries, Alfa Laval AB, KHS GmbH, Tetra Pak International S.A.
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