(Entertainment-NewsWire.com, June 22, 2018 ) Beverages play a necessary role in human culture to satisfy thirst. Beverages are the drinks other than water, manufactured for human consumption. Although drinking water is vital to health, there are a wide range of beverages developed by industries to supply essential nutrients needed by the body and to compensate for the dehydration. With the rapid changes in way of life and growing busy schedule, producers are prefacing ready-made drink beverages as a dietary supplement. Beverages processing equipment facilitate to transform the raw fruits or vegetable ingredients into drinks.
The Asia-Pacific Beverage Processing Equipment Market is estimated to have a value of USD 2.73 billion in 2016. With a CAGR of 7.22%, the market size is expected to grow rapidly to cross USD 4.13 billion by 2021. The market growth is mainly driven by the growing awareness of the health benefits associated with the fortified beverages and rising disposable incomes shifting consumer adoption of processed ready-to-drinks.
Drivers and Restraints: Filtration equipment is needed throughout the production process of beverages like beer, juices, and soft drinks for separation and filtering processes. Filtration is concerned in all beverage processing industry and it's been witnessing growing demand for the fortified drinks and dairy beverage processes. The filtration equipment market is projected to grow at the best CAGR during the forecast period. Brewery was the biggest market in 2016 because of high valued processing instruments utilized in the brewery process.
The marketplace for beverage processing equipment is on the increase because the individuals across the world are spending on soft drinks and beers, because of improved standards of living of the individuals. Customers are more health conscious and they demand healthy beverages with low fat, low cholesterol, low sugar, new flavors. These factors are influencing the marketplace for beverage processing equipment.
Regional Overview: As of now, Asia-Pacific with its rise in standards of living of individuals along with growing disposable incomes has led to its biggest share of the Beverage Processing Equipment Market led by China, as it is the largest manufacturer of beer in that region.
The major market contributors for the Asia-Pacific Beverage Processing Equipment Market are GEA Group AG, Krones AG, Bucher Industries AG, HRS Process Systems Ltd., SPX FLOW Inc., Advanced Composite Industries, Alfa Laval AB, KHS GmbH, Tetra Pak International S.A., Pentair Plc.
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