The carbonated beverage processing equipment market is projected to reach a value of USD 7.23 Billion by 2022, at a CAGR of 5.8% from 2017 to 2022. This market is driven by the upgradation of manufacturers to advanced equipment. There is a rising need for automation of new equipment, which is also a major driving factor for this market. Consumer awareness about health issues has been increasing, which is turn in driving the market for health-based CSDs with low calorie, low or zero sugar, natural & healthier ingredients that provide health benefits.
The key market players have adopted strategies such as acquisitions, expansions, new product and technology launches, agreements, and mergers of business operations to meet the growing demand for carbonated beverage processing equipment.
Tetra Laval Group (Switzerland), GEA Group Aktiengesellschaft (Germany), Alfa Laval AB (Sweden), Krones AG (Germany), SPX Flow Inc. (U.S.), and KHS GmbH (Germany) are the major players in this market. Other players who are active in the industry are A Due Di Squeri Donato & Cspa (Italy), Van Der Molen GmbH AG (Germany), Seppelec SL (Spain), A. Water Systems s.r.l. (Italy), and TCP Pioneer Co. Ltd (Taiwan).
Tetra Laval Group (Switzerland) is one of the leading carbonated beverage processing equipment manufacturer due to its strong global presence and product portfolio. The company focused on increasing its geographic presence through acquisitions and expansions and new product launches to meet the market demand between 2011 and 2016. In January 2017, Sidel, a subsidiary of Tetra Laval, introduced sidel starlite tropical, a technology that would provide resistance and stability to CSD bottles. This solution would be available for all pack sizes ranging from 0.25 to 3 liters. In March 2016, Tetra Pak launched Tetra Pak Homogenizer 500, a food processing homogenizer with the world’s highest capacity of manufacturing products up to the capacity of 63,600 liters per hour.
GEA Group Aktiengesellschaft (Germany) is another leading player in the market due to its strong and innovative products. In April 2016, GEA launched D-tec Stem Diaphragm Valve used to get ultraclean food and beverages and established new standards in flow rate, flexibility, and compatibility. GEA’s D-tec offers various advantages such as valve configuration flexibility and hermetic seal design and higher standards of hygiene, which in turn provides longer shelf life to products.
Carbonated Beverage Processing Equipment Market by Equipment Type (Sugar Dissolvers, Carbonation Equipment, Blenders & Mixers, Heat Exchangers), Beverage Type (Flavored Drinks, Functional Drinks, Club Soda), and Region - Global Forecast to 2022
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