According to the current analysis of Reports and Data, the Global Brewery Equipment Market was valued at USD 18.10 Billion in 2021 and is expected to reach USD 30.15 Billion by year 2030, at a CAGR of 6.0%. The beer brewing process consists of various steps such as milling the grain, malting, mashing, lautering, boiling, wort separation, cooling, fermenting, conditioning, filtration, carbonation, cellaring, and filling. These drive the demand for the various purpose-specific equipment.
Increase in global beer consumption along with the continuously rising demand for premium and craft beer is likely to lead to expansion of the industry. A recent rise in the number of microbreweries and brewpubs have added volume to the industry. The designs of brewing equipment are improving, and this is creating growth opportunities within the sector.
North America is projected to witness significant growth in the forecast period. Increase in the number of breweries in the region is expected to influence demand in the region. In addition, rising demand for craft beer is likely to boost the sector. According to statistics published by the Brewers Association, in 2018, the overall craft brewer sales grew at a rate of 4% by volume and accounted for around 13.2% of the U.S. beer industry by volume. Increasing number of microbreweries and brewpubs would also have a significant impact on the market. While microbreweries increased by almost 15% reaching to 4522 in the U.S., brewpubs increased by 10.1% reaching 2594.
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The Brewery Equipment market investigation report assesses the global market for the Brewery Equipment industry and provides revenue and capability forecasts for the projected period of 2023-2030. The factors that drive the industry's growth are highlighted in the report. The report divides the Brewery Equipment market into main categories such as forms, applications, end-users, technology, and others for a better understanding. These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets. The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and size, geographic presence, and development and manufacturing capabilities.
Some of the Leading Market Players Are Listed Below:
- Krones Group,
- Hypro Group,
- Praj Industries,
- Kaspar Schulz,
- Criveller Group,
- Paul Mueller Company,
- Apex Brewing Supply,
- Della Toffola
All enterprises involved in the processing, packaging, and distribution of raw food materials fall within the food and beverage sector. Fresh and packaged meals, as well as alcoholic and nonalcoholic beverages, are all included. Apart from drugs, this industry touches every product designed for human consumption.
As a result of the current economic depression caused by the Covid-19 outbreak, consumers are seeking to save as much money as possible. Consumers are doing so in a variety of ways, including buying more generic things and cooking their own meals instead of going out. As a result, food processing companies are getting more creative in order to reduce the cost of goods sold, attract more customers, and increase profit margins.
Obesity has a tremendous impact on the global food and beverage industry. The desire for healthful foods has grown, as has the demand for more detailed nutritional information. Companies have responded by launching lower-calorie foods and tightening control over how their brand is viewed in response to both of these changes. Companies want to be viewed as a healthy brand, thus they support activities that indicate this, such as youth sports. There has even been talk of levying a tax on foods linked to obesity to deter people from eating them.
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By Equipment Outlook
- Macro Brewery
- Milling Equipment
- Mash Turn
- Filtration Equipment
- Heat Exchanger
- Fermentation Units
- Brite Tanks
- Cellar Equipment
- Craft Brewery
By Mode of Operation Outlook
By End-Use Outlook
- Macro Brewery
- Craft Brewery
The report is written with the aid of industry analysts, market segmentation, and data collection in order to assist readers in making profitable business decisions. The report includes a comprehensive database of technical and product advances. It also provides information on growth rates and market value, as well as a thorough examination of niche market segments. The report provides strategic advice to newcomers and existing businesses about how to make profitable and well-informed business decisions.
The Brewery Equipment market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Brewery Equipment market.
The Global Brewery Equipment Market Is Segmented Into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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