Global Beverage Processing Equipment Market expected to reach $ 26.75 million Gr
Posted by swamiv on November 1st, 2019
Global Beverage Processing Equipment Market By Product Type (Brewery Equipment, Filtration Equipment, Carbonation Equipment, Sugar Dissolvers and Blenders & Mixers, Heat Exchangers, Others), Beverage Type (Alcoholic Beverages, Non-Alcoholic Beverages, Dairy Beverages)
Market Analysis: Global Beverage Processing Equipment Market
Global beverage processing equipment market is expected to rise to an estimated value of USD 26.75 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The rise in the market value can be attributed to the rising demand for alcoholic beverages, rising demand for pasteurized milk over raw milk and continuous improvement and advancements in equipments.
Key Developments in the Market:
In April 2019, Caloris Engineering, LLC has entered into an agreement to acquire the business of Seitz Stainless. With this acquisition Caloris would combine its expertise in evaporators, dryers and membranes along with Seitz Stainless’s variety of food and beverage equipments including heat exchangers, pressure vessels, tanks and custom equipment. Thus, Caloris would serve as an all in one shop for designing, engineering and producing equipments for dairy, beverages, food, juices and wastewater.
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Market Definition: Global Beverage Processing Equipment Market
Beverage processing equipment is used for converting basic raw materials or ingredients into juices, soft drinks, alcoholic beverages, dairy beverages and processed water. Several complex procedures are involved in the processing of beverages such as boiling, mixing, blending, pasteurization, homogenization, filtration, and separation of various raw materials. The design of beverage processing equipments varies according to the specific requirements and process involved in that particular beverage type.
Global Beverage Processing Equipment Market Segmentation:
By Product Type
o Mash Tuns
o Brew Kettle
o Fermentation Tanks
o Bright Beer Tanks
o Membrane Filtration
o Sugar Dissolvers
o Blenders & Mixers
o Tubular Heat Exchangers
o Plate-Type Heat Exchangers
o Extended Surface Heat Exchangers
o Regenerative Heat Exchangers
By Beverage Type
o Carbonated Beverages
o Non-Carbonated Beverages
Competitive Analysis: Global Beverage Processing Equipment Market
Global beverage processing equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of beverage processing equipment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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About the Authorswamiv
Joined: October 30th, 2019
Articles Posted: 149
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