Carbonated Beverage Processing Equipment Market: Current Analysis and Forecast (2022-2028)

The carbonated beverage processing equipment market is expected to register a CAGR of approx. 5 % over the period of 2022-2028. Carbonated beverages are beverages that generate bubbles and carbonation due to the presence of carbon dioxide gas. Carbonization is the process by which carbon dioxide dissolves in water. The maximum amount of carbon dioxide that can be mixed is 8 grams per liter of water (g/l). Carbonated beverages include soda, cola, bottled water, and other carbonated beverages. Sodas usually contain carbonated water, flavors, colors, and sweeteners. Various equipment used in the production of carbonated beverages includes sugar dissolvers, carbonators, mixers and blenders, filtration equipment, heat exchangers, and degassing equipment The growing adoption of carbonated beverage processing equipment can be attributed to the rising demand for carbonated soft drinks globally. Moreover, Advancements in the manufacturing and processing of carbonated drinks are also boosting the growth of the market. According to the survey, more than 40 gallons of carbonated soft drinks and cold drinks are consumed by consumers in 2020 in the United States. The rising demand for carbonated drinks across the globe is leading to the growing demand for carbonated beverage processing equipment and would contribute to the growth of the market in the forthcoming period as well. Furthermore, the carbonated beverage processing equipment market is anticipated to grow on account of the growing awareness about the use of carbonated beverage processing equipment, technological advancement and Innovation in the carbonated beverage processing equipment, increasing consumer purchasing power, and availability of customized healthy no sugar carbonated beverage. However, some of the restraints in the market including wastewater generation and high energy consumption are impeding the growth of this market all over the world.

Consumers are becoming more health conscious and willing to spend money on healthy products. Market participants are focused on improving their product portfolios by creating low-sugar, low-cholesterol, low-fat, flavorful carbonated beverages. Therefore, market players have taken initiatives and invested heavily to expand their business by introducing new beverages containing essential micronutrients that complement the carbonated beverage processing equipment market. For example, In April 2019, Koch Membrane Systems, a global manufacturer of innovative membrane filtration solutions, announced the launch of TIDAL forward osmosis (FO) technology designed for applications across the food, beverage & life science sectors. The novel technology enables product concentration without heat.

Alfa Laval Corporate AB, VAN DER MOLEN GMBH, KHS Gruppe, GEA Group Aktiengesellschaft, Krones AG, SPX FLOW Inc, Bucher Industries AG, John Bean Technologies Corporation, Pentair plc, Statco Engineering & Fabricators Inc. are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report:

"Amongst Beverage Type, the functional drinks category accounted for the majority share in the market in 2020"

Based on the beverage type, the carbonated beverage processing equipment market is segmented into flavored drinks, functional drinks, alcoholic drinks, and non-alcoholic drinks. The functional drinks segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe due growing demand for functional beverages containing essential micronutrients and ready-to-drink beverages for the busy lifestyle of consumers. Moreover, consumer trends toward healthy beverages will drive the growth of functional beverages in this market.

"Among Equipment Type, the sugar dissolvers are expected to witness considerable CAGR during the forecast period"

Based on equipment type, the market is fragmented into heat exchangers, blenders and mixers, carbonation equipment, sugar dissolvers, and others. the sugar dissolvers segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. Sugar dissolving and treatment is one of the important and critical stages in carbonated soft drink processing. increasing health consciousness among consumers has fueled the growth of the low-calorie carbonated beverages market which is likely to aid the growth of the segment. Moreover, many countries will introduce low-calorie beverages in the coming years, boosting the market for carbonated beverage processing equipment. Following the pervasive trend, even alcohol companies are coming up with low-calorie beverages for consumers.

"APAC to witness significant growth during the forecast period"

For a better understanding of the market dynamics of the carbonated beverage processing equipment market, a detailed analysis was conducted for different regions across the globe including North America (the U.S, Canada, and the Rest of North America), Europe (Germany, France, Spain, United Kingdom, Italy, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. The Asia Pacific constitutes one of the major markets for the carbonated beverage processing equipment market industry and generated revenue owing to the availability of resources at a low cost and a skilled workforce and increasing the demand for carbonated beverage processing equipment in the APAC region.

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Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.

The study comprehensively covers the market across different segments.

Deep dive regional level analysis of the industry.

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