The Carbonated Beverage Processing Equipment by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Carbonated Beverage Processing Equipment , The carbonated beverage processing equipment market size has grown strongly in recent years. It will grow from $6.73 billion in 2023 to $7.3 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to demand surge for carbonated beverages, focus on production automation, stringent quality and safety standards, globalization of carbonated beverage market, environmental concerns and sustainability..
The carbonated beverage processing equipment market size is expected to see strong growth in the next few years. It will grow to $9.99 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to focus on energy-efficient equipment, customization and flexibility in production, emergence of craft and artisanal beverages, increased emphasis on hygiene and sanitation, global market expansion and trade.. Major trends in the forecast period include automation and industry 4.0 integration, advanced mixing and carbonation technologies, integration of clean-in-place (cip) systems, smart sensors and iot connectivity, clean label trends..
The growing consumption of soft drinks all over the globe is expected to boost the growth of the carbonated beverage processing equipment market going forward. Soft drinks are defined as water-based, flavoring-infused beverages that are typically sweetened with nutritive, nonnutritive, and/or strong sweeteners along with other legal food additives. A carbonated beverage processing machine is a machine that adds gas to a static liquid in a pressurized vessel or injects gas into a stream of soft drink water. For instance, in April 2022, according to a report shared by Common Thread Collective, a US-based e-commerce growth agency, in 2021, global beverage sales were $435.3 billion, and in 2022 it was $506 billion. It is expected to reach $857 billion by 2025. Therefore, the growing consumption of soft drinks all over the globe is driving the market for carbonated beverage processing equipment.
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The carbonated beverage processing equipment market covered in this report is segmented –
1) By Equipment Type: Sugar Dissolvers, Carbonation Equipment, Blender And Mixers, Heat Exchangers, Silos, Filtration Equipment
2) By Beverage Type: Flavored Drinks, Functional Drinks, Club Soda And Sparkling Water
3) By Distribution Channel: Original Equipment Manufacturer, Aftermarket Sales
Technological advancements have emerged as a key trend gaining popularity in the carbonated beverage processing equipment market. Major companies operating in the carbonated beverage processing equipment market are focused on innovating new technologies to sustain their position in the market. For instance, in December 2022, TechniBlend, a US-based supplier of beverage and liquid processing equipment and systems, launched ProFill V, its new volumetric can filler. Organizations will be able to fill their cans with a certain amount of liquid by utilizing a volumetric filler. This takes the place of the conventional method of filling containers using sensory technology that depends on weighing or measuring by height. A sophisticated electronic HMI interface is also used by the ProFill V Series to enable recipe-based changeovers and straightforward, repeatable filler operations. As a result, changeover times decrease, increasing overall manufacturing capacity. In comparison to traditional fill-to-level can fillers, the ProFill V offers filling accuracy that is three times higher. This accuracy, improved by AI filling technology, yields a quick return on investment.
The carbonated beverage processing equipment market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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