PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1383392
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1383392
According to Stratistics MRC, the Global Carbonation Machines in Beverage Market is accounted for $6.64 billion in 2023 and is expected to reach $12.61 billion by 2030 growing at a CAGR of 9.6% during the forecast period. Carbonated beverage processing equipment is used to produce carbonated soft drinks, which are popular beverages that contain dissolved carbon dioxide gas. A variety of machines and systems are included in the equipment for producing, mixing, carbonating, and packaging carbonated beverages. Beverage processing equipment like mixing tanks is used to mix sugar, water and concentrate on the beverage industry's essential proportions. Soda fountain machine dispensers for carbonated soft drinks are widely seen in restaurants, convenience stores, and concession stands. This device combines carbon dioxide and flavoured syrup with chilled water in diverse flavours.
Technology development has become a major trend that is becoming more and more popular in the market. The focus of major market players in the carbonated beverage processing equipment industry is on developing innovative technologies. The Pro Fill V Series uses an advanced electronic HMI interface to provide recipe-based changeovers and simple, repeatable filler processes. Changeover periods also go shorter as a result, enhancing overall manufacturing capacity. The Pro Fill V gives three times more filling accuracy than conventional fill-to-level can fillers. The market expansion is aided by the accuracy with which AI filling technology has increased.
A major hurdle to obtaining a carbonation machine can be its initial cost, especially for startups or small firms with limited funding. Commercial-grade equipment used for high-volume manufacturing can be especially pricey. However, the financial investment necessary to acquire and run carbonation devices in the beverage business is a cost constraint. The cost of carbonation machines might vary according to features, capacity, size, and brand reputation. The high cost is the main significant barrier that hampers market expansion.
Carbonation equipment could assist with sustainability initiatives. Businesses can lessen their environmental impact by not using single-use plastic bottles or cans. Additionally, compared to conventional carbonation techniques that rely on chemical additives, the use of CO2 tanks or cartridges may be more environmentally benign. Therefore, the market demand for carbonation machines in beverages is expanding.
The market for processing carbonated beverages is unable to expand due to the high energy requirements of the manufacturing process. The production of carbonated beverages takes several steps, including carbonation, mixing, cooling, and packaging, all of which demand a large amount of energy. The food and beverage industry's increasing emphasis on sustainability and energy efficiency poses a challenge to the market. These factors hinder market demand.
Global supply chains have been disrupted by the pandemic, which has had an impact on the manufacture and delivery of carbonation equipment and related parts. Manufacturers might experience difficulties locating raw materials, procuring production tools, and delivering finished goods, which might cause delays and a shortage of supplies. The epidemic has also impacted consumer preferences in the beverage market. The sugar content and other additives in pre-packaged carbonated drinks have come under increased scrutiny from health-conscious people. Because of this, there is an increasing demand for homemade or personalised beverages, where carbonation equipment is essential.
The sugar dissolvers segment is estimated to hold the largest share. The treatment and sugar dissolving procedure are two of the crucial steps in producing carbonated soft drinks. Manufacturers of carbonated soft drinks have a more cost-effective alternative to utilising ready-made liquid sugar: dissolving sugar crystals and using the resulting syrup instead. Increasing health consciousness among consumers has fuelled the growth of the low-calorie carbonated beverage market, which is likely to aid the growth of the segment. As a result, there will be an increase in the need for sugar dissolvers.
The functional drinks segment is anticipated to have lucrative growth during the forecast period. In the beverage industry, "functional drinks" refers to a class of beverages that go beyond simple taste and hydration in carbonation machines. These beverages are designed with extra components to offer certain wellness or health benefits, frequently catering to a specific purpose or requirement. The "Functional Drinks" area of the carbonation machine market, which is employed in the beverage industry, is a dynamic and expanding category. Carbonation machines offer a flexible way to add healthy components to beverages while retaining a delightfully effervescent or sparkling texture for the "functional drinks" market.
North America commanded the largest market share during the extrapolated period The key driver driving the market for carbonated beverage processing equipment in this region is the rising consumption of carbonated soft drinks, which is due to their high caffeine content and appeal to the millennial generation. Additionally, the existence of major industry competitors like PepsiCo, Inc. and The Coca-Cola Company fuelled demand in North America for this market. The Coca-Cola Company's production and marketing of sports drinks like Powerade are driving up demand for carbonated soft drinks, which is driving up demand for carbonated beverage processing equipment.
Asia Pacific is expected to witness profitable growth over the projection period due to the availability of resources at a low cost and a skilled workforce and rapid urbanization of various areas in the Asia-Pacific region as well as the increase in consumption of carbonated beverages among people due to the influence of western eating habits and lifestyle. Demand for equipment for processing carbonated beverages is increasing as businesses expand their manufacturing facilities. The demand for foreign brands of carbonated soft drinks has also increased in the region. The availability of a trained workforce also helps the market expand since it promotes effective manufacturing and enables businesses to satisfy the region's growing demand.
Some of the key players in the Carbonation Machines in Beverage Market include: Alfa Laval AB, GEA Group Aktiengesellschaft, Mitsui Sugar Co., Ltd., Krones AG, Tetra Laval Group, Statco Engineering & Fabricators Inc., Van Der Molen GmbH, SPX Corporation, Due Di Squeri Donato & CSPA, Water Systems S.R.L., Seppelec Sl, TCP Pioneer Co. Ltd, Tetra Pak International S.A, Pentair plc, Shreeji Projects and Ajinomoto Health & Nutrition North America, Inc.
In October 2021, Tetra Pak formed a partnership with Poka, a web and mobile app designed for manufacturers to support factory training, knowledge building, and communication. This partnership aimed to empower workers in food production with the tools & training required to practice zero-waste procedures in food manufacturing plants.
In September 2021, GEA introduced Batch2Flow, a solution that secures the food production process, and saves energy and water. This solution helps to decrease the usage of cleaning chemicals. The Batch2Flow GEA experts have developed the absent connection between mixing and forming, which comes with additional advantages for food safety.