Thursday 10 June 2021

Brewery Equipment Market Size Is Estimated To Reach $25.88 Billion By 2027

The global brewery equipment market size is expected to reach USD 25.88 billion by 2027, expanding at a CAGR of 5.6% from 2020 to 2027, according to a new report by Grand View Research, Inc. Growing consumption of different types of craft beer across the globe is anticipated to drive the demand for brewery equipment.

Increasing usage of craft breweries, including brewpubs and microbreweries, globally is projected to drive the market over the forecast period. Furthermore, constant product innovations are resulting in an increased focus of the prominent market players towards business expansion by installing new breweries, thereby augmenting the product demand.

Macro breweries require a high number of tanks as well as high capacity equipment to ensure consistency in beer production on a large scale, thereby resulting in higher equipment demand. Furthermore, rising demand for craft beer due to the growing preference among individuals for natural, tasty, and local products is likely to complement the market growth.

Various brewers are adopting considerable changes in the operations as well as brewing processes to differentiate their products based on factors, such as taste and packaging. The increased level of competitiveness in the industry is likely to result in the increased focus of market players towards the development of superior products over the forecast period.

Full Research Report On Brewery Equipment Market Visit Here: https://www.grandviewresearch.com/industry-analysis/brewery-equipment-market

Brewery Equipment Market Report Highlights

  • Europe accounted for 48.2% share of the global revenue in 2019 on account of increased beer consumption, coupled with a surge in beer processing, thereby leading to propelled demand for brewery equipment
  • By mode of operation, the automated brewery equipment is estimated to expand at a significant CAGR from 2020 to 2027 owing to the increased focus of various economies, including Brazil and Argentina, on optimization and automation in the beer-making process
  • The U.S. dominated the North American market by accounting for 71.4% share of the overall revenue in 2019 owing to the exponential demand for beer, resulting in brewery expansion by major brewers, thereby driving the demand for brewery equipment
  • In the craft brewery equipment type, compressors accounted for 21.1% share of the overall revenue in 2019 on account of the multi-functional attributes of compressors, leading to its usage at various stages of brewing
  • The key players in the industry are engaged in expanding facilities and product portfolios to ensure their market dominance.

Request a Sample Copy of the Report @ https://www.grandviewresearch.com/industry-analysis/brewery-equipment-market/request/rs1

Brewery Equipment Market Segmentation

Grand View Research has segmented the global brewery equipment market on the basis of type, mode of operation, end-use, and region

Brewery Equipment Type Outlook (Revenue, USD Million, 2016 - 2027)

  • Macrobrewery Equipment
    • Milling
    • Brewhouse
    • Cooling
    • Fermentation
    • Filtration & Filling
    • Others
  • Craft Brewery Equipment
    • Mashing
    • Fermentation
    • Cooling
    • Storage
    • Compressors
    • Others

Brewery Equipment Mode Of Operation Outlook (Revenue, USD Million, 2016 - 2027)

  • Automatic
  • Semi-automatic
  • Manual

Brewery Equipment End-use Outlook (Revenue, USD Million, 2016 - 2027)

  • Macro Brewery
  • Craft Brewery

Brewery Equipment Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • The U.K.
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Central & South America
    • Argentina
    • Brazil
  • Middle East & Africa
    • UAE
    • South Africa

List of Key Players of Brewery Equipment Market

  • Alfa Laval
  • GEA Group
  • Krones AG
  • Paul Mueller
  • Criveller Group
  • Della Toffola
  • Kaspar Schulz
  • Hypro Group

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more info visit @ https://www.grandviewresearch.com

 

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