Global North America Food & Beverage Filling & Capping Machines Market

North America Food & Beverage Filling & Capping Machines Market Size, Share, Growth Analysis, By Equipment(Filling and Capping), By Type(Automatic, Semi-automatic and Manual), By End-Use(Beverages, (Alcoholic Beverages, Dairy & Dairy Alternatives, Water), By Region - Industry Forecast 2024-2031

Report ID: SQMIR20I2262 | Region: Regional | Published Date: March, 2024
Pages: 202 | Tables: 89 | Figures: 76

North America Food & Beverage Filling & Capping Machines Market Dynamics

North America Food & Beverage Filling & Capping Machines Market Drivers

Rise of Packed Food to Bolster Market Growth

  • With the rise in urbanization and changing lifestyles, there has been an increase in the demand for packaged food and beverages. This has led to the growth of the filling and capping machines market in North America.

North America Food & Beverage Filling & Capping Machines Market Restraints

High Machine Cost to Hinder Market Growth

  • The high cost of filling and capping machines is a major restraint for the market growth. Small and medium-sized enterprises find it difficult to invest in such machines, thereby limiting the growth of the market.
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North America Food & Beverage Filling & Capping Machines Market size was valued at around USD 1.67 billion in 2021 and is poised to grow from USD 1.76 billion in 2022 to USD 2.62 billion by 2030, at a CAGR of 5.3% over the forecast period (2022–2030).

To increase market penetration and meet the changing technological demands from various end-use applications, such as beverages (alcoholic beverages, dairy products, dairy alternatives, water, juices, and soft drinks), and food, the manufacturers employ a variety of strategies, such as acquisitions, mergers, joint ventures, new product developments, and geographic expansions. 'Bosch Packaging Technology', 'Krones AG', 'Tetra Pak', 'Scholle IPN Corporation', 'Crown Holdings', 'Barry-Wehmiller Companies', 'Ronchi Mario S.p.A', 'Cozzoli Machine Company', 'IC Filling Systems', 'Accutek Packaging Equipment Companies, Inc.', 'E-PAK Machinery, Inc.', 'Federal Mfg. Co.', 'Sidel Group', 'SACMI Group', 'Pro Mach, Inc.', 'Meheen Manufacturing Inc.', 'Liquid Packaging Solutions, Inc.', 'APACKS', 'Filamatic', 'Biner Ellison'

With the rise in urbanization and changing lifestyles, there has been an increase in the demand for packaged food and beverages. This has led to the growth of the filling and capping machines market in North America.

There is a growing trend towards the use of flexible packaging solutions, such as pouches and bags, in the food and beverage industry. This has led to an increase in demand for filling and capping machines that are capable of filling and sealing these types of packages.

In 2021, the U.S. made for 70.1% of revenue. The area has a supportive political environment, good infrastructure, and high-tech equipment, all of which are expected to spur the growth of the packaging sector and, in turn, increase demand in the food and beverage sector. Due to the presence of numerous players, opportunities made possible by government policies, and industrial automation, the food and beverage business is thriving in the U.S. Food preferences have changed as a result of the expanding urban populace, favoring the processing and packaging sector. During the forecast period, this is anticipated to have a favorable effect on this sector.

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Global North America Food & Beverage Filling & Capping Machines Market

Report ID: SQMIR20I2262

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