Press release
Cheers to Innovation: Wine Production Machinery Market Reveals Size, Share, and Key Growth Strategies in Viticulture || The Krones Group, Della Toffola Pacific, GAI S.p.A
Wine Production Machinery Market
The Business Research Company offers in-depth market insights through Wine Production Machinery Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The wine production machinery market size has grown strongly in recent years. It will grow from $2.37 billion in 2023 to $2.55 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to global wine consumption trends, winemaking industry expansion, quality and consistency requirements, innovation in winemaking techniques, global wine trade growth.
The wine production machinery market size is expected to see strong growth in the next few years. It will grow to $3.34 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to emerging wine regions, sustainable winemaking practices, increasing wine tourism, rising demand for specialized wines, stringent regulatory standards. Major trends in the forecast period include integration of IoT in cellar management, flexibility and modular machinery designs, wine filtration and clarification innovations, energy-efficient cooling and heating systems, customization and personalization for winemakers.
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Market Segmentation:
The wine production machinery market covered in this report is segmented -
1) By Type: Tanks And Fermenters, Crushing And Pressing Equipment, Temperature Control Equipment, Filtration Equipment, Others Types
2) By Wine: Red Wine, White Wine, Rose Wine, Champagne, Others Wines
3) By Application: Farm Winery, Urban Winery, Micro-Winery, Others Applications
Major Driver - Wine Production Machinery Market Thrives On Surging Wine Consumption
The growing consumption of wine is expected to propel the growth of the wine production machinery market going forward. Wine is a type of alcoholic drink that is made from fermented grapes. The consumption of wine is increasing in the urban population, mainly because of rapid urbanization, changing lifestyles, increased stress, and rising disposable incomes. As a result of the rising demand, winemaking companies are increasingly adopting wine-making machinery to increase production and meet the increasing demand for wine. For instance, in January 2022, according to the Wine Institute, a US-based institution, the United States consumed about 1 billion gallons of wine in 2020, which is equivalent to 3.10 gallons per resident and increased to 1.1 billion gallons of wine in 2021. Therefore, the growing consumption of wine is driving the growth of the wine production machinery market.
Competitive Landscape:
Major companies operating in the wine production machinery market report are The Krones Group, Della Toffola Pacific, GAI S.p.A., Siprem International, Vigo Ltd., Scott Laboratories Inc., Grapeworks PTY Ltd., Paul Mueller GmbH, Agrovin USA Inc., ICC Northwest Inc., Enoveneta S.p.A., Prospero Equipment Corporation, P&L Specialties LLC, ABE Equipment, Puleo S.r.l., Zambelli Enotech Srl, Deutsche Beverage Technology, Bucher Vaslin North America, Love Brewing Ltd., Vitikit Limited, Criveller Group California, Flecksbier Brauhaus Technik, Ganimede Srl, Carlsen & Associates, Velo Acciai S.r.l., CME America LLC, Diemme Enologia S.p.A., GW Kent Inc., Adamark Air Knife Systems, ADIG Ltd., Master Vintner, Scharfenberger GmbH
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Top Trend - Investindustrial Strengthens Market Leadership In Winemaking And Beverage Machinery Through Strategic Acquisitions
In October 2021, Investindustrial, a UK-based investment group, acquired Bertolaso, Ape Impianti, and Permeare for an undisclosed amount. Through these acquisitions, the company intends to strengthen its position as a market leader in the winemaking and beverage machinery market. Bertolaso is an Italy-based designer and manufacturer of automated bottling systems. Ape Impianti is an Italy-based designer and manufacturer of machinery and packaging systems for wine and spirits. Permeable is an Italy-based company operating in the design and manufacturing of filtration machines.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Wine Production Machinery Market Characteristics
3. Wine Production Machinery Market Trends And Strategies
4. Wine Production Machinery Market - Macro Economic Scenario
5. Wine Production Machinery Market Size And Growth
…..
27. Wine Production Machinery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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