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Global Liquid Bottle Filling Machine for Food and Beverage Market Size Forecast, Top 15 Players Rank | |
According to the new market research report “Global Liquid Bottle Filling Machine for Food and Beverage Market Report 2023-2029”, published by QYResearch, the global Liquid Bottle Filling Machine for Food and Beverage market size is projected to reach USD 3.08 billion by 2029, at a CAGR of 3.7% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Liquid Bottle Filling Machine for Food and Beverage include Tetra Laval, GEA Group, KRONES, KHS GmbH, JBT Corporation, Filamatic, ProMach, Syntegon, Guangzhou Tech-Long Packaging Machinery, Accutek Packaging Equipment, etc. In 2022, the global top five players had a share approximately 56.0% in terms of revenue. Market Drivers: D1: Industrial development, purchasing power parity, and adoption of automated technology are anticipated to augment market growth. Technological support, desired production output, robotics, and minimum human intervention are some of the factors attracting manufacturers to opt for technological support in operational processes. Stringent government regulations concerning beverage, food, and associated industries are compelling machine manufacturers to opt for standardization to maintain the desired hygiene and quality of the product. D2: Rising consumer need for safe, hygienic and healthy food and beverage products through the world is enhancing the demand of bottled products, as these products are easily available and ready to consume. Governments of various developed and developing countries emphasize the efforts to build the local or regional food value chain market players. Primary initiative of involving innovative business models, that are cost-effective and offer advance product integrity is expected to upshot the demand of filling machines globally. Inclination towards food and beverage products such as milk, fresh fruit and vegetable juices and other beverages require their preservation for long-time usage, thus enhancing the bottle filling equipment's demand. D3: Standardization and modularity play an important role in the packaging industry as they help to set a specific standard packaging process with numerous applications. Several multinational filling equipment manufacturers are following the stringent government regulations and adopting standardized machinery in the packaging plants. Such machineries offer low price and rational purchasing activity to the end-users and simultaneously achieve the safety standards set by the government on a global scale. In the current market scenario, the end-users of filling machinery are looking forward to a multi-function machine that can offer molding, filing, sealing, and labeling processes. This trend is expected to witness an increase in throughput of the key market players, henceforth becoming a major driving factor for this global market. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target State: All States Target City : All Cities Last Update : Apr 14, 2024 10:20 PM Number of Views: 14 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-04-16 (0.588 sec)