Brewery Equipment Market Growth, Market Insights and Forecast to 2025
“The Global Brewery Equipment Market was valued around US$ 15.4 Bn by 2018 and growing at a significant CAGR of 5.7% over next seven years 2019-2025 due to continuous innovation in the brewery equipment market”
The global brewery equipment market accounted for US$ 15.4 Bn in 2018 and burgeoning over the forthcoming years. Some of the key factors fostering the market growth include focus on digitalization and automation for process optimization, increase in global beer consumption along with the continuously rising demand for premium and craft beer, continuous innovation in the brewery equipment market and growing number of microbreweries and brewpubs. However, rising power and energy costs, high capacity capital and maintenance costs and competition from regional manufacturers & top players are the major factors hindering the market growth. In addition, high growth in emerging economies provides huge growth opportunity for the market.
Global brewery equipment market segmented on the basis of equipment size, technology, equipment type, end user and region.
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Automatic Dominate the Global Brewery Equipment Market
Based on technology, global brewery equipment market segmented into automatic, manual and semi-automatic. Automatic held considerable market share during forecast period. The requirement for efficiency and the quality brew is presently driving the market and the revolution currently being observed in the brewing industry. With automated brewing systems, it is not just time that is saved, but also the time-sensitive processes are well taken care of, hence, increasing the chances of having a near-perfect brew at the end of the process.
Asia Pacific Leads the Global Brewery Equipment market
PBI’s global Brewery Equipment market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis. Asia Pacific accounted for larger revenue share in global brewery equipment market with considerable CAGR. The growth in this region is due to increasing consumption of beer together with rising investments by key players and governments of different states are relaxing the rules for setting up breweries. North America held substantial market share during estimated period owing to rising demand for craft beer, increase in the number of breweries, improvement in technology and use of premium grains as raw materials. Also, U.S is the major contributor for the growth of the market in the region as there is a high preference of mainstream beer over craft beer.
Strategic Acquisition are the key strategies adopted by market players
Global Brewery Equipment market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, In June 2019, The Middleby Corporation acquired Ss Brewtech, a key player in professional craft brewing and beverage equipment
Key player’s profiles in the report are Criveller Group, Della Toffola SpA, Krones Group, Meura SA, Alfa Laval, Kaspar Schulz, Hypro Group, Criveller Group, Brewbilt Manufacturing LLC and Prospero Equipment Corporation.
Precision Business Insights (PBI) in its report titled “Global Brewery Equipment Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market.
Detailed Segmentation
By Equipment Size
- Small
- Medium
- Large
By Technology
- Automatic
- Manual
- Semi-Automatic
By Equipment Type
- Brewhose Equipment
- Fermentation Equipment
- Carbonation Equipment
- Filling and Packaging Equipment
- Monitoring and Control Equipment
- Milling Equipment
- Filtration Equipment
- Cooling Equipment
- Storage Equipment
- Mashing Equipment
- Others
By End User
- Macro Brewery
- Micro Brewery
- Brewpub
- Farm Brewery
- Others
By Geography
- North America
- USA
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Poland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia & New Zealand
- ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Venezuela
- Rest of Latin America
- Middle East and Africa (MEA)
- Gulf Cooperation Council (GCC) Countries
- Israel
- South Africa
- Rest of MEA
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