Food and Beverage Processing Equipment Market
Food and Beverage Processing Equipment Market Analysis by Food or Beverage Form (Solid, Liquid, Others), Application (Bakery & Confectionary, Dairy & Dairy Alternatives, Fruits, Others), Equipment Operation Type and Processing Type - Forecast to 2026
Food and Beverage Processing Equipment Market Analysis by Food or Beverage Form (Solid, Liquid, Others), Application (Bakery & Confectionary, Dairy & Dairy Alternatives, Fruits, Others), Equipment Operation Type and Processing Type - Forecast to 2026
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The Increasing consumer demand, large demand for healthy food, rising need for productivity in the food
& beverages, and government initiatives towards the food promotion these are the factors which will
drive the market for food & beverages Processing equipment market. while the high cost associated with
the equipment will be the restraining factor for the food & beverages processing equipment market.
Further key findings from the report suggest
• Food & Beverage Processing Equipment market is growing at a CAGR of 4% in Asia Pacific followed by
North America and Europe, with 6.2% and 5.8% CAGR, respectively. Growing Demand for quality food
across the globe is the key factor to accelerate the market growth during forecast period across all
regions
• As of 2018, Bakery & Confectionery is the dominating Food & Beverage Application which holds
20.5% of the global market. North America market is the chief revenue generating source for this
product segment, followed by Asia-Pacific & Europe regions
• Dairy & Dairy Alternatives is expected to be the fastest growing market segment during forecast
period 2019-2026 with a CAGR of 6.7%. However, Rising ingredients cost and growing competition
are major challenges for the market growth of this market segment
• Others application segment (that includes water treatment, carbonated drink treatment, and all kinds
of frozen foods) was valued at USD 3.9 billion and is expected reach USD 5.7 billion by 2026