Plant-based beverages processing equipment market to grow at a CAGR of 8.94% by 2027: A descriptive analysis of five forces model, market dynamics, and segmentation- Technavio

NEW YORK, Feb. 9, 2023 /PRNewswire/ -- According to Technavio, the global plant-based beverages processing equipment market size is estimated to grow by USD 1.32836 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 8.94% during the forecast period. APAC will account for the largest share of the global market during the forecast period.

For more Insights on market size Request a sample report

Global plant-based beverages processing equipment market - Five Forces
The global plant-based beverages processing equipment market is fragmented, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Global plant-based beverages processing equipment market – Customer Landscape

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global plant-based beverages processing equipment market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on product type (homogenizer, filtration, heat exchangers, filling and packaging systems, and others), type (Soy, Almond, Oat, and Others) 

• The homogenizer segment will account for a significant share of the global market during the forecast period. End consumers seek to recognize the contents of pre-packaged foods and experience the same taste whenever they consume them. This becomes possible through homogenization. Most homogenizer machines make use of high-pressure systems to blend raw materials properly. Moreover, the plant-based beverages processing equipment market adopted these processes to speed up the manufacturing line. Therefore, these factors will drive market growth during the forecast period.

Geography Overview
By geography, the global plant-based beverages processing equipment market is segmented into APAC, North America, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global plant-based beverages processing equipment market.

• APAC is estimated to account for 63% of the growth of the global market during the forecast period. The growth in APAC is driven by factors such as the introduction of global brands, partnerships of global brands with suppliers and retailers, government initiatives to promote the consumption of plant-based food products, growing awareness among people about the benefits of plant-based beverages, and rapid growth in the vegan population. China is the most prominent market for vendors of plant-based beverages due to concerns regarding the degrading quality of meat and health issues associated with meat products. Such factors will increase the forecast period.

Download a Sample Report

Global plant-based beverages processing equipment market – Market Dynamics
Key factor driving market growth

• The shelf life extension of food products is notably driving the market growth. 
• The need to reduce food wastage has become a major concern for most countries. The Food and Agriculture Organization (FAO) of the UN estimates that 1.3 billion tons, or nearly one-third of food produced worldwide, are wasted annually.
• The wastage of products often leaves retailers with financial losses. However, vendors have devised various strategies to increase their profit margins. This will help maintain the product quality, thereby increasing the shelf life of plant-based beverages. 
• Manufacturers are spending heavily on modern technology and are designing products that will help store these beverages for a long period and help keep the food fresh.
• Additionally, end-users in the market are also opting for different types of plant-based beverage processing equipment to store different plant-based beverages such as soya and almond.
• Furthermore, many food service operators also use this equipment that helps them store beverages for increased shelf life. Therefore, such factors are boosting the global market growth during the forecast period. 

Leading trends influencing the market 

• Increasing health consciousness is an emerging trend in the market. 
• One of the positive trends which can influence the growth of the global market in the coming years is the increasing health consciousness among consumers.
• The increasing instances of obesity and related diseases are making consumers more health-conscious. Hence, they demand food and beverage products that are natural and low in fat and calories.
• Moreover, key market players have also started coming up with new plant-based products that have lower fat and calorie content to cater to the changing consumer demands.
• The increasing popularity of health and wellness products and services, especially among young consumers, in the age group of 18-32 years.
• Many consumers are also ready to pay a premium price for healthy products that offer various functional benefits. Therefore, the increasing demand for healthy food and beverage products will help grow the global market during the forecast period.

Major challenges hindering the market growth

• The chances of contamination while filling and packaging are major challenges impeding the market growth. 
• Filling and packaging is an unavoidable process in the food and beverage sector.
• However, the chances of cross-contamination are very high during the filling process. Food particles can also get stuck, trapped, or clogged in between various components of filling and packaging machines.
• Therefore, cross contamination increases the maintenance costs of the processing equipment.
• These factors might restrict the sales of such filling equipment over the next five years. Hence, factors like these will have a negative impact on the growth of the global market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this plant-based beverages processing equipment market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the plant-based beverages processing equipment market between 2023 and 2027
• Precise estimation of the plant-based beverages processing equipment market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the plant-based beverages processing equipment market across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of plant-based beverages processing equipment market vendors

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports:

• The ice cream processing equipment market size is expected to increase to USD 1,949.64 million from 2022 to 2027, and the market's growth momentum will accelerate at a CAGR of 3.79%. This report extensively covers market segmentation by product (soft ice cream and hard ice cream), type (homogenizers and mixing equipment, filling equipment, extrusion and molding equipment, freezers, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa).   
• The size of the pea protein processing equipment market is expected to increase by USD 67.19 million from 2022 to 2027, and the market's growth momentum will accelerate at a CAGR of 4.65%. This report extensively covers market segmentation by method (wet fractionation and dry fractionation), application (food, healthcare products, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America).

Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global plant-based beverages processing equipment market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global plant-based beverages processing equipment market 2017 - 2021 ($ million)

• 4.2 Product type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product type Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product Type

• 6.1 Market segments
• Exhibit 30: Chart on Product Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product Type - Market share 2022-2027 (%)

• 6.2 Comparison by Product Type 
• Exhibit 32: Chart on Comparison by Product Type
• Exhibit 33: Data Table on Comparison by Product Type

• 6.3 Homogenizer - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Homogenizer - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Homogenizer - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Homogenizer - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Homogenizer - Year-over-year growth 2022-2027 (%)

• 6.4 Filtration - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Filtration - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Filtration - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Filtration - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Filtration - Year-over-year growth 2022-2027 (%)

• 6.5 Heat exchangers - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Heat exchangers - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Heat exchangers - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Heat exchangers - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Heat exchangers - Year-over-year growth 2022-2027 (%)

• 6.6 Filling and packaging systems - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Filling and packaging systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Filling and packaging systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Filling and packaging systems - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Filling and packaging systems - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Product Type 
• Exhibit 54: Market opportunity by Product Type ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 55: Chart on Type - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 57: Chart on Comparison by Type
• Exhibit 58: Data Table on Comparison by Type

• 7.3 Soy - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Soy - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Soy - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Soy - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Soy - Year-over-year growth 2022-2027 (%)

• 7.4 Almond - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Almond - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Almond - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Almond - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Almond - Year-over-year growth 2022-2027 (%)

• 7.5 Oat - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Oat - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Oat - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Oat - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Oat - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027 
• Exhibit 71: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Type 
• Exhibit 75: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 77: Chart on Market share by geography 2022-2027 (%)
• Exhibit 78: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 79: Chart on Geographic comparison
• Exhibit 80: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 85: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 97: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027 
• Exhibit 105: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027 
• Exhibit 109: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027 
• Exhibit 113: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 115: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 116: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Thailand - Market size and forecast 2022-2027 
• Exhibit 117: Chart on Thailand - Market size and forecast 2022-2027 ($ million)
• Exhibit 118: Data Table on Thailand - Market size and forecast 2022-2027 ($ million)
• Exhibit 119: Chart on Thailand - Year-over-year growth 2022-2027 (%)
• Exhibit 120: Data Table on Thailand - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 121: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 122: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 123: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 124: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 125: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 126: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 127: Matrix on vendor position and classification

• 12.3 ABB Ltd.
• Exhibit 128: ABB Ltd. - Overview
• Exhibit 129: ABB Ltd. - Business segments
• Exhibit 130: ABB Ltd. - Key offerings
• Exhibit 131: ABB Ltd. - Segment focus

• 12.4 Alfa Laval Corporate AB 
• Exhibit 132: Alfa Laval Corporate AB - Overview
• Exhibit 133: Alfa Laval Corporate AB - Business segments
• Exhibit 134: Alfa Laval Corporate AB - Key news
• Exhibit 135: Alfa Laval Corporate AB - Key offerings
• Exhibit 136: Alfa Laval Corporate AB - Segment focus

• 12.5 Buhler AG
• Exhibit 137: Buhler AG - Overview
• Exhibit 138: Buhler AG - Business segments
• Exhibit 139: Buhler AG - Key offerings
• Exhibit 140: Buhler AG - Segment focus

• 12.6 Coperion GmbH
• Exhibit 141: Coperion GmbH - Overview
• Exhibit 142: Coperion GmbH - Product / Service
• Exhibit 143: Coperion GmbH - Key offerings

• 12.7 Flottweg SE
• Exhibit 144: Flottweg SE - Overview
• Exhibit 145: Flottweg SE - Product / Service
• Exhibit 146: Flottweg SE - Key offerings

• 12.8 GEA Group AG
• Exhibit 147: GEA Group AG - Overview
• Exhibit 148: GEA Group AG - Business segments
• Exhibit 149: GEA Group AG - Key offerings
• Exhibit 150: GEA Group AG - Segment focus

• 12.9 Hosokawa Micron Corp. 
• Exhibit 151: Hosokawa Micron Corp. - Overview
• Exhibit 152: Hosokawa Micron Corp. - Business segments
• Exhibit 153: Hosokawa Micron Corp. - Key offerings
• Exhibit 154: Hosokawa Micron Corp. - Segment focus

• 12.10 HRS Process Systems Ltd. 
• Exhibit 155: HRS Process Systems Ltd. - Overview
• Exhibit 156: HRS Process Systems Ltd. - Product / Service
• Exhibit 157: HRS Process Systems Ltd. - Key offerings

• 12.11 KHS GmbH
• Exhibit 158: KHS GmbH - Overview
• Exhibit 159: KHS GmbH - Product / Service
• Exhibit 160: KHS GmbH - Key offerings

• 12.12 KRONES AG
• Exhibit 161: KRONES AG - Overview
• Exhibit 162: KRONES AG - Business segments
• Exhibit 163: KRONES AG - Key offerings
• Exhibit 164: KRONES AG - Segment focus

• 12.13 Pro Mach Inc.
• Exhibit 165: Pro Mach Inc. - Overview
• Exhibit 166: Pro Mach Inc. - Product / Service
• Exhibit 167: Pro Mach Inc. - Key offerings

• 12.14 Seppelec S.L
• Exhibit 168: Seppelec S.L - Overview
• Exhibit 169: Seppelec S.L - Product / Service
• Exhibit 170: Seppelec S.L - Key offerings

• 12.15 SiccaDania
• Exhibit 171: SiccaDania - Overview
• Exhibit 172: SiccaDania - Product / Service
• Exhibit 173: SiccaDania - Key offerings

• 12.16 SPX FLOW Inc.
• Exhibit 174: SPX FLOW Inc. - Overview
• Exhibit 175: SPX FLOW Inc. - Business segments
• Exhibit 176: SPX FLOW Inc. - Key offerings
• Exhibit 177: SPX FLOW Inc. - Segment focus

• 12.17 Tetra Pak Group
• Exhibit 178: Tetra Pak Group - Overview
• Exhibit 179: Tetra Pak Group - Business segments
• Exhibit 180: Tetra Pak Group - Key news
• Exhibit 181: Tetra Pak Group - Key offerings
• Exhibit 182: Tetra Pak Group - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 183: Inclusions checklist
• Exhibit 184: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 185: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 186: Research methodology
• Exhibit 187: Validation techniques employed for market sizing
• Exhibit 188: Information sources

• 13.5 List of abbreviations 
• Exhibit 189: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio