Brewery Equipment Market To Reach USD 25.11 Billion By 2026
Market Summary: Rising popularity of premium and craft beer, increasing beer consumption in developing regions, increasing investments by top manufacturers and a general relaxation in the approval norms for alcohol will be key factors driving the growth of Brewery Equipment market during forecast period. Market Size – USD 15.76 Billion in 2018, Market Growth - CAGR of 6%, Market Trends – Beer tourism boosting the craft beer industry, Beer Premiumization, Company acquisitions. According to the current analysis of Reports and Data, the global Brewery Equipment market was valued at USD 15.76 Billion in 2018 and is expected to reach USD 25.11 Billion by year 2026, 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.
Further key findings from the report suggest : • The animal nutrition application of the industry is expected to surge with a CAGR of 6.0 % during the forecast period • Rising health care costs, increasing rates of childhood obesity, increasing incidence of type 2 diabetes and a greater understanding of the links between nutrition and well-being are augmenting market growth. www.reportsanddata.com
Key participants : Alfa Laval, GEA Group, Krones Group, Paul Mueller , Praj Industries, Meura SA , Della Toffola, Criveller Group, Kaspar Schulz, Ningbo Lehui International Engineering Equipment Co., Ltd. Hypro Group, Shanghai Hengcheng Beverage Equipment Co., Ltd. (China), MEURA, and Ziemann Holvrieka GmbH. Segmentation: • Equipment Type (Revenue, USD Million; 2016–2026), Macro Brewery Equipment, Fermentation Equipment, Cooling Equipment, Milling Equipment, Brewhouse Equipment, Lauter Tun, Mash Kettles, Wort Kettles, Whirlpoolers, Steam Generators, Filtration & Filling Equipment, Others, Cleaning System, Spent Grain Silos, Generators, Bright Beer Tanks, Compressors Pipes, Craft Brewery Equipment, Fermentation Equipment, Cooling Equipment, Mashing Equipment, Storage Equipment, Compressors Equipment, Other • Mode of Operation (Revenue, USD Million; 2016–2026), Automatic, Semi-automatic, Manual • End Use (Revenue, USD Million; 2016–2026), Macro Brewery, Craft Brewery, Microbrewery, Brewpub, Others www.reportsanddata.com
Regional Outlook for Brewery Equipment Market analyzes the following geographies ◦ North America (United States, Canada, and Mexico) ◦ Europe (Germany, France, UK, Russia, and Italy) ◦ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) ◦ South America (Brazil, Argentina, Colombia, etc.) ◦ Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa
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The report emphasizes the following key questions: ◦ Q.1. What are the most lucrative and promising growth prospects for the market? ◦ Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? ◦ Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes? ◦ Q.4. Which factors are impacting the future of the market and what are the driving factors? ◦ Q.5. What are the hurdles and challenges curtailing the industry’s growth in the forecast period?
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