North America Beverage Processing Equipment Market Size, Share & Industry Trends Analysis Report By Beverage Type, By Mode of Operation, By Type, By Country, Historical Data and Growth Forecast, 2021 - 2027
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Market Report Description
The North America Beverage Processing Equipment Market would witness market growth of 4.6% CAGR during the forecast period (2021-2027).
Food and beverage processing equipment is used in the production of dairy, bakery, poultry, seafood, beverage, and confectionery products, which uses physical & chemical methods to transform food material into prepared food. They are also used to monitor processes in packaging and labelling applications, as well as in quality control. Aside from that, processing equipment is used to automate different processes in the food and beverage sector, such as blanching, heating, pasteurisation and cooking, in order to reduce overall production time and increase efficiency. The strict regulations and guidelines that govern the food and beverage industry have led to a surge for high-quality processing equipment around the world in recent years.
The region's increased use of processed and packaged beverages is ascribed to the regional growth. High inclination towards health by the population across various nations of the region has resulted in increased consumption of nutritious and healthy drinks, and hence, create more demand for cans. The number of food and beverage manufacturing factories in North American nations is steadily expanding. As per the Census Bureau's County Business Patterns, California had around 5,640 food and beverage manufacturing plants in 2016, positively contributing to regional market development. Furthermore, the shifting consumer inclination for healthy food in the United States is increasing the size of the food processing technology and equipment industry. These devices are used in food processing plants to prepare food in big quantities in a short period of time.
The US market dominated the North America Beverage Processing Equipment Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $6.9 billion by 2027. The Canada market is anticipated to grow at a CAGR of 7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 6.1% during (2021 - 2027).
Based on Beverage Type, the market is segmented into Alcoholic, Non-Alcoholic (Carbonated Beverage and Non-Carbonated Beverage), and Dairy. Based on Mode of Operation, the market is segmented into Semi-Automatic and Automatic. Based on Type, the market is segmented into Brewery Equipment, Filtration Equipment, Sugar Dissolvers Equipment, Blenders & Mixers, Heat Exchanger, Carbonation Equipment, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include John Bean Technologies Corporation, Alfa Laval AB, GEA Group AG, The Krones Group, Pentair PLC, Bucher Industries AG, Praj Industries Limited, KHS Group, Tetra Level International S.A., and SPX Flow, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Beverage Type
- Carbonated Beverage
- Non-Carbonated Beverage
By Mode of Operation
- Brewery Equipment
- Filtration Equipment
- Sugar Dissolvers Equipment
- Blenders & Mixers
- Heat Exchanger
- Carbonation Equipment
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- John Bean Technologies Corporation
- Alfa Laval AB
- GEA Group AG
- The Krones Group
- Pentair PLC
- Bucher Industries AG
- Praj Industries Limited
- KHS Group
- Tetra Level International S.A.
- SPX Flow, Inc.
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