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Research analysis on the global carbonated beverage processing equipment market identifies the expansion of carbonated beverage processing plants as one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 6% by 2021. Carbonated beverage manufacturers are increasingly focusing on expanding their presence across the globe and are concentrating on the expansion of plants to raise their market share and cater to the demamnd for new customers. This will demand the need for new equipment installations in these plants. One of the prominent manufacturers, MBL has already announced plans to construct four new plants in 2017 in the eastern part of India. The main purpose of the expansion is to double the beverage production capacity and add new brands. The combined production capacity of the plants is likely to be about 200,000 cases per day. Such expansion measures of production plants will subsequently drive the demand for carbonated beverage processing equipment, fueling market growth.
The introduction of the new soda products is one of the key trends that will contribute to the growth of this market during the coming years. The high demand for carbonated beverages with fewer calories and added benefits is observed in several parts of the world, especially in countries such as US and Mexico. This is mainly due to the rising obesity problems and other health related concerns among consumers. This is inducing manufacturers to innovate their products and bring in new products that offering health benefits. Some of the carbonated beverage manufacturers have already introduced low-calorie soft drinks, diet drinks, and carbonated water.
The carbonated beverage processing equipment market consists of numerous players. The increasing competition among the vendors makes it difficult for the developing players to compete with the leaders especially based on quality, technology, and pricing. Carbonated beverage processing equipment manufacturers are also bringing in innovative solutions and are adopting better technologies to gain a competitive advantage over their competitors.
The leading vendors in the market are ?
The other prominent vendors in the market are A DUE, A. WATER SYSTEMS, Centec, Krones, Mojonnier, Pentair, Seppelec, Statco, TCP Pioneer, and VAN DER MOLEN.
During 2016, the sugar dissolvers segment accounted for the major shares of the carbonated beverage processing equipment market. The increasing usage of sugar dissolvers to prepare sugar syrup in carbonated beverages and the lesser costs associated with it, will contribute to the growth of this industry segment in the coming years.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the carbonated beverage processing equipment market throughout the forecast period. The hot climatic conditions and the shifting consumer lifestyle trends, will drive the demand for carbonated beverage processing equipment in the Americas. Countries such as the US, Argentina, Mexico, Chile, and Uruguay witness the major consumption of carbonated beverages in the region.
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This industry research report on the global carbonated beverage processing equipment market by Technavio is an integral part of the food and beverage portfolio and offers insights into the major trends and evolving drivers inducing the growth of the food service industry. Our reports also follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions.
The market research analysts at Technavio take into account the market forecast, market size, and increasing demand for various food services and offers an all-inclusive picture of the global carbonated beverage processing equipment market for the estimated period of 2017-2021.Our market research analysis includes qualitative and quantitative research techniques like vendor analysis, drivers, challenges, and trend analysis. Additionally, an analysis of the market share and market size using statistical models is also carried out to help clients develop active growth strategies and keep pace with the frequently changing market landscape.
As per our market research specialists, growing popularity of flavored carbonated beverages may influence the demand for carbonated beverage processing equipment in the coming years. This upcoming market research report on the global carbonated beverage processing equipment market also covers vendors like SPX Flow, Krones AG,?Alfa Laval AB, GEA Group, and Tetra Pak (Tetra Laval Group). Additionally, to offer clients the scope to identify probable market opportunities and expand in niche markets, this report on the global carbonated beverage processing equipment market also covers geographies like the Americas, APAC, and EMEA.
The upcoming industry report on the global carbonated beverage processing equipment market also offers insights into fast-growing segments within the food and beverage industry, including sectors like non-alcoholic and alcoholic beverages. Furthermore, this report also presents insights into the varying competitive landscape to give clients a realistic picture of the future direction of the industry.
Our market research methodology for the carbonated beverage processing equipment market
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by equipment type
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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