Brewery Equipment - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Brewery Equipment market is accounted for $15.83 billion in 2018 and is expected to reach $31.92 billion by 2027 growing at a CAGR of 8.1% during the forecast period. Constant innovation in the brewery equipment market and rapid growth microbreweries and brewpub are the major factors driving the market growth. However, high capital and maintenance costs are restraining market growth.
The brewery equipment is a set of several tools and monitoring systems used in brewing or processing of beer. The brewing process consists of various steps such as milling the grain, malting, mashing, lautering, boiling, wort separation, and cooling, fermenting, conditioning, filtration, carbonation, cellaring, and filling. The brewery equipment is utilized for the processing of beer in small-scale, medium-sized, or large-scale operations.
Based on Equipment Type, the Fermentation Equipment is likely to have a huge demand due to the increased chances of tank deterioration. In addition, since the tanks are occupied for a longer duration during the process, the requirement for more tanks by macro breweries to increase production remains high. By geography, Europe is going to have a lucrative growth during the forecast period owing to the growing trend of low or no alcohol beer due to its health benefits as well as the presence of various large beer manufacturers.
Some of the key players profiled in the Brewery Equipment Market include Alfa Laval, Criveller Group, Della Toffola, GEA Group, Hypro Group, Kaspar Schulz, Krones Group, Meura SA, Ningbo Lehui International Engineering Equipment Co Ltd, Paul Mueller, Praj Industries, and Shanghai Hengcheng Beverage Equipment Co Ltd.
Material Types Covered:
• Stainless Steel
• Mild Steel
Distribution Channels Covered:
• Online Channels
• Offline Channels
Mode of Operations Covered:
Equipment Types Covered:
• Macrobrewery Equipment
• Craft Brewery Equipment
• Fittings & Valves System
• Control & Monitoring Equipment
• Farm Brewery
• Regional Breweries
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country level segments
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