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Brewery Equipment Market worth $24.0 billion by 2025 at a CAGR of 6.1% from 2019 to 2025

(Entertainment-NewsWire.com, December 21, 2020 ) The report "Brewery Equipment Market by Type (Milling, Brewhouse, Cooling, Fermentation, Filtration, Filling), Brewery Type (Macrobrewery, Microbrewery, Brew Pubs, Regional), Mode of Operation (Manual, Automatic, Semi-automatic), and Region – Global Forecast to 2025" The 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. Increasing number of microbreweries and brew pubs, rise in demand for craft beer across regions, and product innovations in the brewery equipment market are factors driving the growth in the brewery equipment market.

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Based on the macrobrewery equipment segment, the market is segmented into milling equipment, brewhouse, cooling equipment, fermentation equipment, filtration & filling equipment, and others. The fermentation equipment segment is estimated to account for the largest market share in 2019. This is attributed to the fermentation process, as the wort is kept in the tanks for a few weeks and acid is released as a byproduct during this process, which increases the chances of tank deterioration.

By brewery type, the brewery equipment market is segmented into macrobrewery and craft brewery. The craft brewery segment is further segmented into microbrewery, brew pubs, and others. The craft brewery segment is estimated to grow at the highest CAGR, due to the rise in demand for premium and flavorsome beer produced in small batches. Consumers are also shifting from traditional beer to craft beer. This has led to an increase in the number of microbreweries and brew pubs around the globe.

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Europe is witnessing a growing trend of low or no alcohol beer due to health benefits. The region also witnesses the presence of leading beer manufacturers including Anheuser-Busch InBev (Belgium), SABMiller (Belgium), Heineken N.V. (Netherlands), and Carlsberg A/S (Denmark).

This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies. It includes the profiles of leading companies such as Alfa Laval (Sweden), GEA Group (Germany), Krones Group (Germany), Paul Mueller (US), Praj Industries (India), Meura SA (Belgium), Della Toffola (Italy), Criveller Group (US), Kaspar Schulz (Germany), Ningbo Lehui International Engineering Equipment Co., Ltd. (China), Hypro Group (India), and Shanghai Hengcheng Beverage Equipment Co., Ltd. (China).

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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