Valued to be $8.6 Billion by 2026, Carbonated Beverage Processing Equipment for Robust Growth Worldwide
SAN FRANCISCO, Sept. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Carbonated Beverage Processing Equipment - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 5; Released: April 2021
Executive Pool: 858
Companies: 42 - Players covered include Alfa Laval; Bevcorp Beverages Equipment; Bucher Industries; Carmel Engineering Inc.; Central States Industrial; Dematech; FH Scandinox A/S; GEA Group; JBT Corporation; KHS GmbH; Krones Group; Lee Industries; Mojonnier; Pentair; Praj Industries; Shanghai Joylong Industry Co. ; SPX Flow; Techniblend Inc.; Tetra Laval and Others.
Coverage: All major geographies and key segments
Segments: Equipment Type (Sugar Dissolvers, Carbonation Equipment, Blenders & Mixers, Heat Exchangers, Other Equipment Types); Beverage Type (Flavored Drinks, Functional Drinks, Club Soda & Sparkling Water)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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ABSTRACT-
Global Carbonated Beverage Processing Equipment Market to Reach $8.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Carbonated Beverage Processing Equipment estimated at US$6.2 Billion in the year 2020, is projected to reach a revised size of US$8.6 Billion by 2026, growing at a CAGR of 5.5% over the analysis period. Sugar Dissolvers, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$3.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Carbonation Equipment segment is readjusted to a revised 5.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.7 Billion in 2021, While China is Forecast to Reach $1.8 Billion by 202
The Carbonated Beverage Processing Equipment market in the U.S. is estimated at US$1.7 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2026 trailing a CAGR of 9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
Blenders & Mixers Segment to Reach US$1.5 Billion by the year 2026
In the global Blenders & Mixers segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$833.4 Million in the year 2020 will reach a projected size of US$1.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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