A beverage filling machine is a device used to fill beverages into bottles or cans, widely used in beverage production and packaging industries. With the continuous expansion of the beverage market and the diversification of consumer demand, the beverage filling machine industry is also facing new challenges and opportunities.
According to the “Global and China Food and Beverage Liquid Bottle Filling Machine Industry Research and 14th Five-Year Plan Analysis Report” recently released by Chenyu Information Consulting Company, the global food and beverage liquid bottle filling machine market sales will reach 2.3 billion US dollars in 2022 , is expected to reach USD 3.0 billion by 2029, with a compound annual growth rate (CAGR) of 4.0% (2023-2029). Tetra Laval is the world’s largest manufacturer of food and beverage liquid bottle filling machines, with a market share of about 14%. Other major players include GEA Group and KRONES. From a regional perspective, Asia Pacific and Europe are the largest markets, each with a market share of more than 30%. In terms of type, plastic bottles have the highest sales volume, with about 70% market share. From the perspective of the downstream market, beverages are currently the largest segment, with a share of about 80%.
In the Chinese market, the food and beverage liquid bottle filling machine industry is also showing a trend of rapid development. According to the “Food and Beverage Liquid Bottle Filling Machine Industry Analysis Report” released by Xueqiu website, the market size of China’s food and beverage liquid bottle filling machine will be about 14.7 billion yuan (RMB) in 2021, and it is expected to reach 19.4 billion yuan in 2028. The compound annual growth rate (CAGR) for the period 2022-2028 is 4.0%. The sales and revenue of food and beverage liquid bottle filling machines in the Chinese market accounted for 18% and 15% of the global share respectively.
In the next few years, the beverage filling machine industry will face the following development trends:
• High-efficiency, intelligent, energy-saving and environmentally friendly beverage filling machines will be more favored. With the rise of production costs and the enhancement of environmental protection awareness, beverage manufacturers will pay more attention to improving production efficiency, reducing energy consumption, reducing waste, and ensuring product quality. Therefore, beverage filling machines with the characteristics of automation, digitalization, intelligence, and energy saving will become the mainstream of the market.
• Customized, personalized and multi-functional beverage filling machines will meet the needs of different customers. As consumers have higher and higher requirements on the taste, health and safety of beverage products, beverage manufacturers need to provide more diversified, differentiated and functional products according to different markets and consumer groups. Therefore, beverage filling machines that can adapt to different specifications, materials, shapes, capacities, etc. will be more popular.
• Green, degradable and recyclable beverage packaging materials will become new choices. With the growing problem of plastic pollution, consumers have higher expectations for degradable and recyclable beverage packaging materials. Therefore, beverage packaging made of environmentally friendly materials such as glass, cardboard, and bioplastics will gradually replace traditional plastic packaging and promote the technological innovation of corresponding beverage filling equipment.
In short, with the continuous expansion of the beverage market and the diversification of consumer demand, the beverage filling equipment industry is also facing new challenges and opportunities. Only by constantly innovating and striving for the advantages of less raw material consumption, low cost, and easy portability can we keep up with the pace of beverage development and meet the needs of different customers.
Post time: May-22-2023