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Brewery Equipment Market Expected to Grow at 24.0 Billion In Revenue by 2025

03-02-2020 11:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Brewery Equipment Market Expected to Grow at 24.0 Billion

According to Market Study Report, Brewery Equipment Market provides a comprehensive analysis of the Brewery Equipment Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Brewery Equipment Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Brewery Equipment Market is estimated to be valued at USD 16.8 Billion in 2019 and is projected to reach USD 24.0 Billion by 2025, recording a CAGR of 6.1% from 2019 to 2025. This report spread across 180 Pages, Profiling 11 Companies and Supported with 93 Tables and 56 figures are now available in this research.

Top Companies profiled in the Brewery Equipment Market:
o Alfa Laval (Sweden)
o GEA Group (Germany)
o Krones Group (Germany)
o Paul Mueller (US)
o Praj Industries (India)
o Meura SA (Belgium)
o Della Toffola (Italy)
o Criveller Group (US)
o Kaspar Schulz (Germany)
o Ningbo Lehui International Engineering Equipment Co., Ltd. (China)
o Hypro Group (India)
o Shanghai Hengcheng Beverage Equipment Co., Ltd. (China)

"By macro brewery equipment type, the cooling equipment segment is projected to witness the fastest growth during the forecast period."
The cooling equipment segment is estimated to grow at the highest CAGR as it is used for maintaining the requisite temperature in all the beer tanks. This is the most utilized equipment at various levels of the whole process. It is also used to cool down the wort. Since the equipment is most utilized and since there are temperature fluctuations throughout the year, there is a need for frequent replacement or maintenance of equipment.

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"By craft brewery equipment type, the fermentation equipment segment is projected to witness the fastest growth during the forecast period."
The fermentation equipment segment is estimated to grow at the highest CAGR. During the fermentation process, the wort is kept in the tanks for few weeks and acid is released as a byproduct. Due to this, there are major chances of tank deterioration. Since the tanks are occupied for a longer duration during the process, there can be a requirement for more tanks by craft breweries to increase production.

"By brewery type, the craft brewery segment in brewery equipment market is projected to grow at the highest CAGR during the forecast period"
Based on the brewery type segment, the brewery equipment market is segmented into microbrewery and craft brewery. There has been a rise in the demand for premium and flavorsome beer produced in small batches. Consumers are shifting from traditional beer to craft beer. This has led to an increase in the number of microbreweries and brewpubs around the globe. Due to the rise in the number of microbreweries, the demand for microbrewery equipment is increasing, which in turn, is driving the overall demand for equipment in craft breweries.

Competitive Landscape of Brewery Equipment Market:
1 Overview
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Competitive Benchmarking
3.1 Strength of Product Portfolio
3.2 Business Strategy Excellence
4 Ranking of Key Players, 2018
5 Competitive Scenario
5.1 New Product Launches
5.2 Expansions
5.3 Acquisitions
5.4 Agreements, Collaborations, and Partnerships

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Research Coverage:
This report segments the brewery equipment market on the basis of equipment type, brewery type, mode of operation, and region. In terms of insights, this research report focuses on various levels of analysis--competitive landscape, end-use analysis, and company profiles--which together comprise and discuss the basic views on the emerging & high-growth segments of the food grade gases market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.

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