Global Carbonated Beverage Processing Equipment Market to Reach $12.6 Billion by 2030
The global market for Carbonated Beverage Processing Equipment estimated at US$8 Billion in the year 2023, is expected to reach US$12.6 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2023-2030. Sugar Dissolvers, one of the segments analyzed in the report, is expected to record a 7.4% CAGR and reach US$4.4 Billion by the end of the analysis period. Growth in the Carbonation Equipment segment is estimated at 6.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 10.3% CAGR
The Carbonated Beverage Processing Equipment market in the U.S. is estimated at US$2.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2030 trailing a CAGR of 10.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forh-ecast to grow at 4.1% and 5.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.8 Billion by the year 2030.
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