United States Beverage Contract Bottling and Filling Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The United States Beverage Contract Bottling and Filling Market is expected to register a CAGR of 9.12% over the forecast period from 2021 to 2026. Growth in the United States beverage contract bottling and filling is mainly influenced by the changing preferences of manufacturing firms, who usually outsource these specific activities to third-party players. This is because manufacturers are increasingly focusing on cost optimization and their core business. Contract bottling and filling provides several advantages. Firstly, it reduces the operational costs of the manufacturers. In many cases, it is estimated that the operational costs can be reduced significantly through outsourcing bottling and filling activities to contract companies and the decreasing costs of machines and labor costs.
Key HighlightsThe United States Beverage Contract Bottling and Filling Market is moderately fragmented with significant players such as Brooklyn Bottling Group, G3 Enterprises, Inc., Southeast Bottling & Beverages, Niagara Bottling, LLC occupying the majority of the market share. The companies in the country are forming multiple partnerships and mergers to increase their market share.
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