MarketResearchNest.com adds “Global Food And Beverage Filling Equipment Market 2017-2021” new report to its research database. The report spread across 102 pages with table and figures in it.
Research analysts forecast the global food and Beverage Filling Equipment market to grow at a CAGR of 5.59% during the period 2017-2021.
About Food and Beverage Filling Equipment
A filling equipment, as the name suggests, is used to fill several types of products into containers like cans, bottles, lightweight plastic jars, and others. There are different types of filling equipment used in the food industry for filling products in the form of powders, granules, chunky products, liquids, and others. A filling equipment is a vital component used in the bottling line process. It is widely used in the food industry for filling products such as juices, whisky, honey, ketchup, jams, and others.
Covered in this report
The report covers the present scenario and the growth prospects of the global food and beverage Filling Equipment Market for 2017-2021. To calculate the global food and beverage filling equipment market’s size, it has been segmented by product into rotary fillers, volumetric fillers, aseptic fillers, net weight fillers, and others.
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The market is divided into the following segments based on geography:
Technavio’s report, Global Food and Beverage Filling Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio recognizes the following companies as the key players in the global food and beverage filling equipment market: CFT, GEA Group, KHS, Krones, and Tetra Laval International.
Other Prominent Vendors in the market are: APACKS, CDA, Cozzoli Machine, ECOLEAN, FiloMak, FMT, Hema, IMA Group, INDEX-6, JBT, Liquid Pack, Liquid Packaging Solutions, Ocme, OPTIMA packaging group, Riggs Autopack, Robert Bosch, Serac, Shemesh Automation, Trepko Group, Uflex, and ViscoTec Pumpen- u. Dosiertechnik.
Commenting on the report, an analyst from Research team said: “One trend in the market is expansions of food and beverage plants. The demand for various products such as like juices, whisky, wine, honey, ketchup, and others has been increasing worldwide. To meet this demand and increase their market share, food and beverage manufacturing companies have started expanding their production capacities and focusing on reaching out to new customers.”
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According to the report, one driver in the market is focus on improving efficiency and accuracy of filling. Accuracy and efficiency, which help in ensuring a product’s quality and higher productivity, are two of the key parameters for any production or processing operation. In context to the food processing industry, it is important to have a properly filled container in a production plant. Any under-filled bottles or containers may result in consumer complaints and affect the brand image of a company. Therefore, majority of the food processing companies prefer to use filling equipment with high accuracy and efficiency of filling.
Further, the report states that one challenge in the market is rising energy costs. Since food and beverage filling equipment uses a significant amount of electrical energy, the increasing energy costs is one of the major concerns among players operating in the food and beverages industry. The energy consumption of a filling equipment depends on the type of products being filled in different containers. For instance, the power consumption for filing viscous products or products with large particulates is high. This is because, the rotor inside the fillers registers a higher stress while filling viscous products, thereby using more power to accurately fill the products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;
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