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© 2016 Global Market Insights, Inc. USA. All Rights Reserved North America is the largest beverage processing equipment market due to rise in regional consumption both alcoholic & non-alcoholic drinks. Presence of key players including PepsiCo and Coca Cola and their research & development facilities further boost industry growth. Asia Pacific has substantial share in beverage processing equipment market with ever increasing population and rise in living standards. China is largest producer of beer and planning to increase its production by around 4.5% that has augmented the demand of product. Companies are making huge investments to expand their market share in this region. Europe has significant share with increasing dairy alternative products as consumers have become more health conscious in this region. Middle East & Africa has nascent share and expected to grow with growing demand for non-aerated and multi-functional drinks like energy drinks & juices. Regional Analysis of Beverage Processing Equipment Market :
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Beverage Processing Equipment Market : Based on application, beverage processing equipment market is segmented into beverage, dairy, and fruits & vegetables. Beverages accounts for the major industry share owing to presence of large variety of products including soft drinks and beer. Dairy application maintains substantial industry share with its use in almost every part of the world and new variants have further spurred the demand of product. Growing consumption of fruit & vegetable squashes has risen with changing customer preference towards non-aerated drinks. Based on equipment, beverage processing equipment market is classified into brewery, carbo coolers, filtration systems, heat exchangers, blenders & mixers, pumps and others. Filtration systems have significant share and expected to grow with new innovation in procedures that increases shelf life of the product. It has huge application in separation and filtration of raw materials to produce end product. Further these are used in almost every processing industry due to increasing demand of fortified drinks. Brewery has substantial share with its requirement in alcoholic drinks. These are followed by heat exchangers that play an important role in heating and cooling of fluids.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Major players of beverage processing equipment market are Alfa Laval, GEA Group, Tetra Pak, HRS Process System, Armo Manufacturing, KHS, Krones Group, Pentair, SPX Flow, Bucher Industries and Factory Automation. Companies are increasing production capacity and bringing automation in the machinery to capture the market. India based equipment company, Alfa Laval has increased its spending in R&D division to improve energy efficiency and environmental performance in Competitive Market Share of Beverage Processing Equipment Market :
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