Plant-Based Beverages Processing Equipment Market to grow by USD 1.53 Billion (2024-2028), driven by rising shelf life extension of food products, with AI driving market transformation - Technavio

The plant-based beverage equipment, beverage processing technology, and plant-based drink machinery market is poised for significant expansion, with a projected growth of USD 1.53 billion at a CAGR of 9.45% from 2023 to 2028. This is fueled by evolving consumer preferences, increasing demand for functional drinks, and advancements in processing equipment suppliers, beverage production tools, and plant-based manufacturing gear. The market landscape is shaped by technological advancements and the rise in drink processing solutions, equipment for plant beverages, and beverage industry machinery, catering to the growing need for plant-based processing systems.Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Market Segmentation

By Product Type

• Homogenizer

• Filtration

• Heat exchangers

• Filling and packaging systems

• Others

The homogenizer segment holds a significant share, valued at USD 759.20 million in 2018. Homogenization ensures consistency in pre-packaged beverages, improving taste and texture. For instance, soy beverages, which contain high protein levels, require specialized processing to maintain uniformity and prevent sedimentation.

By Type

• Soy

• Almond

• Oat

• Others

By Region

• North America: U.S., Canada

• Europe: U.K., Germany, France, Rest of Europe

• APAC: China, India

• Middle East & Africa: Saudi Arabia, South Africa, Rest of Middle East & Africa

• South America: Chile, Brazil, Argentina

APAC is projected to account for 64% of market growth. Key drivers include the entry of global brands, government initiatives promoting plant-based consumption, and increasing awareness of the health benefits of plant-based beverages. China remains a dominant market, with rising consumer expenditure on dietary products driving demand.

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Market Dynamics

Key Market Driver

The drive to extend shelf life in food products is a primary growth factor. The Food and Agriculture Organization (FAO) highlights that nearly one-third of the global food supply—1.3 billion tons—is wasted annually. Retailers incur financial losses due to spoilage, prompting investment in innovative technologies that prolong the freshness of plant-based beverages. Vendors are developing advanced storage and preservation technologies to cater to consumer demand for high-quality, long-lasting products.

Significant Market Trend

Increasing health consciousness is a pivotal trend fueling market growth. Consumers, particularly in the 18-32 age group, are gravitating toward low-fat, low-calorie plant-based beverage options. Leading companies are responding by introducing healthier, nutrient-rich formulations. This shift aligns with the broader health and wellness movement, encouraging market expansion.

Major Market Challenge

The risk of contamination in the filling and packaging process poses a significant hurdle. Food particles can become trapped in machine components, such as elastomer seals and piston shafts, leading to operational inefficiencies and increased maintenance costs. This challenge underscores the need for enhanced equipment designs that minimize contamination risks.

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Key Market Players

• Coperion GmbH

• ABB Ltd.

• Alfa Laval Corporate AB

• Andritz AG

• Buhler AG

• Enprosyst Solution Pvt. Ltd.

• Erich NETZSCH GmbH and Co. Holding KG

• Flottweg SE

• GEA Group AG

• Hosokawa Micron Corp.

• HRS Process Systems Ltd.

• KHS GmbH

• KRONES AG

• Pro Mach Inc.

• Seppelec S.L

• SiccaDania

Future Insights

The plant-based beverage processing equipment market is poised for dynamic growth, driven by innovation in sustainability, advancements in beverage processing, and a rising demand for functional and plant-based drinks. Companies investing in contamination-free processing, extended shelf-life technologies, and health-conscious formulations will gain a competitive edge in the evolving market landscape.