FMI’s Detailed Report on Beverages Processing Equipment Market Offers Projections of Potential Impact of Corona Virus Outbreak

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FMI Provides Beverages Processing Equipment
Market Projections in its Revised Report,
COVID-19 Pandemic Shaping Global Demand

• May 2020

Report Id REP-GB-2951 Published On
21-April-2020 Category Food and Beverages
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Research Methodology (1/2)

• Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
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includes sources of databases
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Beverage Processing Equipment Market Analysis

• Greater consumer spending on fast-moving consumer
  products such as nutritious beverages, beer, and
  soft drinks is pushing sales of beverages
  processing equipment despite the global pandemic
  of COVID-19. Online sales channels are having
  their moment, as lockdowns, social distancing
  norms, and mass closure of retail stores continue
  to hamper scenarios at brick and mortar stores.
  According to a new report of Future Market
  Insights (FMI), the global beverages processing
  equipment market will surpass revenues of
  approximately US 27.7 Bn by 2029 end. Hectic
  lifestyle, rapid urbanization, technological
  advancements, and popularity of convenience
  products will continue to inflate sales further.
• "Market leaders must divert substantial resources
  towards high-growth regions such as Asia Pacific
  to leverage lucrative opportunities," finds the
  FMI report.
• Key Takeaways of Beverages Processing Equipment
  Market Study
• Growing preference for low-carbon, low-calorie,
  and gluten-free foods is the driving force of
  market.
• Brewery equipment remains highly favored by
  manufacturers followed by heat exchanger.

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Beverage Processing Equipment Market Analysis

• The carbonated drinks segment will complement the
  growth of market owing to widespread popularity
  among younger population.
• Asia Pacific will hold the leading share in the
  global beverages processing equipment market
  during the projection period.
• Key Growth Drivers
• Growing popularity of ready-to-drink beverages is
  favoring the growth of beverages processing
  equipment market.
• Favorable policies in emerging Asian economies
  such as China and India are contributing to the
  revenue pool of market.
• Continual efforts by leading manufacturers
  towards automation are shaping the global
  beverages processing equipment market.
• Rising living standards, per capita income, and
  population in Asia Pacific will bode well for
  regional beverages processing equipment market
  through 2029.

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Beverage Processing Equipment Market Analysis

• Key Restraints
• Product-related safety requirements coupled with
  complex manufacturing processes will slow down
  the growth of emerging players in the beverage
  processing equipment market.
• Stringent government regulations will impede the
  growth of beverages processing equipment market
  over the forecast period.
• Anticipated Impact of COVID-19 on Beverages
  Processing Equipment Market
• Due to ongoing COVID-19 pandemic, consumers have
  turned to ecommerce channels for the delivery of
  dairy, alcoholic, and non-alcoholic beverages.
  This factor has bolstered the growth of beverages
  processing equipment market during the current
  public health crisis. Even though the purchasing
  habits of consumers have altered, the overall
  demand has benefited during the lockdown as
  people continue to spend more time at their
  homes. However, companies in beverages processing
  equipment market are working with reduced
  workforce due to social distancing protocols.
  Moreover, demand for premium alcoholic beverages
  will slightly decline while it will increase for
  mid-priced drinks. Hence, the pandemic has not
  led to drastic changes in the beverages
  processing equipment market except for delivery
  pattern.

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Beverage Processing Equipment Market Analysis
Competitive Landscape of Beverages Processing
Equipment Market The beverages processing
equipment market is characterized by the presence
of numerous regional and international players.
Some of the key players in the global beverages
processing equipment market that are featured in
this FMI report include, but are not limited to,
Praj Industries, Pentair, KHS GmbH, JBT
Corporation, SPX Flow, Bucher Industries, Krones
Group, Alfa Laval, Tetra Laval, GEA, Central
States Industrial, Bevcorp Beverage Equipment,
Lee Industries, Carmel Engineering, Inc.,
Shanghai Joylong Industry Co., Mojonnier,
Techniblend Inc., and Dematech. Pricing
strategies, technology integration and product
quality are key focus areas of leading players in
beverages processing equipment market. Moreover,
top manufacturers must prioritize lean time
management, product performance, and productivity
for indubitable competitive ascendancy. Request
for covid19 Impact Analysis https//www.futuremar
ketinsights.com/covid19/rep-gb-2951
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Beverage Processing Equipment Market Analysis

• More about the Report
• This Future Market Insights study of 200 pages
  provides all-inclusive insights on the global
  beverages processing equipment market. The market
  analysis is based on application (beverage,
  dairy, and fruits vegetables), beverage type
  (carbonated and non-carbonated), and equipment
  type (brewery, filtration, carbonation, sugar
  dissolvers, blenders mixtures, and heat
  exchangers) across six key regions (North
  America, Latin America, Europe, Asia, Oceania,
  and Middle East Africa).
• Source Link https//www.accesswire.com/589860/Mea
  suring-the-COVID-19-Impact-Sales-of-Beverages-Proc
  essing-Equipment-Sustained-as-Alcoholic-Beverages-
  Continue-to-Sell-out-Online-Future-Market-Insights
  
• Explore Extensive Coverage of FMI's Food and
  Beverages Landscape
• Cacao Beans Market
• Vitamin Gummies Market
• Fermented Ingredients Market

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Beverage Processing Equipment Market Analysis
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