At 9.2 % CAGR, Brewery Equipment Market Size Worth USD $24.9 billion by 2026: IndustryARC
The increase in the demand for process automation in the craft brewery process to reduce the complicated procedures is driving the Automatic segment.
HYDERABAD, TELANGANA, INDIA, December 21, 2022 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that Brewery Equipment Market size is estimated to reach $24.9 billion by 2026, growing at a CAGR of 6.3% during the forecast period 2021-2026. A Brewery is a building or a company where beers are made commercially. Brewery equipment covers all aspects of the brewing process, such as malting, mashing, and lautering. The automatic brewery equipment is increasingly being adopted across the world owing to the growing demand for innovative taste and high-quality beers among the young population. The rise in the adoption of the lautering process for the separation of mash into the liquid wort and the residual grain, growing demand for microbrewery equipment in developed nations, increase in the adoption of compressors to offer proper air compression in craft brewery equipment, and growing investment by the key players to develop advanced brewery equipment are the factors that are set to drive the growth of the Brewery Equipment Market for the period 2021-2026.
Report Coverage
Click here to browse the complete report summary:
https://www.industryarc.com/Research/Brewery-Equipment-Market-Research-510263
Save more @ IndustryARC,
Use the code “FLAT1000” & get FLAT 1000$ OFF on any Market Report
Offer available for limited period only..!!
Key takeaways:
This IndustryARC report on the Brewery Equipment Market highlights the following areas -
1. Geographically, North America Brewery Equipment Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the adoption of the lautering process for the separation of mash into the liquid wort and the residual grain.
2. The increase in the demand for process automation in the craft brewery process to reduce the complicated procedures is driving the Automatic segment.
3. However, the high maintenance cost of brewery equipment is one of the major factors that is said to reduce the growth of the Brewery Equipment Market.
4. Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Brewery Equipment Market report.
Interested in knowing more relevant information? Click here:
https://www.industryarc.com/pdfdownload.php?id=510263
Segmental Analysis:
Brewery Equipment Market Segment Analysis-By Equipment Type : The Brewery Equipment Market based on the Equipment Type can be further segmented into Macro brewery Equipment and Craft Brewery Equipment.
Brewery Equipment Market Segment Analysis-By Mode of Operation : The Brewery Equipment Market based on the Mode of Operation can be further segmented into Manual, Automatic, and Semi-Automatic. The Automatic segment held the largest share in 2020 and is also estimated to be the fastest-growing segment with a CAGR of 6.9% over the period 2021-2026.
Brewery Equipment Market Segment Analysis-By Geography : North America held the largest share with 34% of the overall market in 2020. The growth in this segment is owing to the factors such as the growing demand for microbrewery equipment in developed nations and the rise in the adoption of the lautering process for the separation of mash into the liquid wort and the residual grain.
Competitive Landscape:
The top 5 players in the Brewery Equipment Industry are -
1. Alfa Laval
2. Krones AG
3. Criveller Group
4. Paul Mueller
5. Kaspar Schulz GmbH
Click on the following link to buy the Brewery Equipment Market Report:
https://www.industryarc.com/reports/request-quote?id=510263
Why Choose IndustryARC?
IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.
Related Reports:
A. Craft Beer Market
https://www.industryarc.com/Research/Craft-Beer-Market-Research-504983
B. Commercial Coffee Brewer Market
https://www.industryarc.com/Report/19054/commercial-coffee-brewer-market
Contact Us:
Mr. Venkat Reddy
IndustryARC
Email: venkat@industryarc.com, sales@industryarc.com
USA: (+1) 970-236-3677, (+1) 815-656-4596
IND: (+91) 40-485-49062
Venkat Reddy
IndustryARC
+1 614-588-8538
venkat@industryarc.com
Visit us on social media:
Facebook
Twitter
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
