NEWARK, Del, Jan. 09, 2023 (GLOBE NEWSWIRE) -- The pub cellar equipment market is anticipated to expand at a CAGR of 3.8% during the forecast period. According to Forecasts, the market is likely to be valued at US$ 2,130.4 Million by 2033, up from US$ 1,467.2 Million in 2023.

The demand for pub cellar equipment is rising as it is used in the brewing process, which allows for the controlled fermentation of beer. The market for pub cellar equipment is growing as more breweries are looking to control their own fermentation process during the foreseen time. The changing lifestyle, growing demand for premium beer, and increasing disposable income are increasing the market trends in recent years.

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Based on application, the residential sector dominates the pub cellar equipment market during the forecast period. This is because people are increasingly interested in having their own private cellars for storing their beer and wine collection.

Based on geography, the USA captures the highest numbers share of the market due to the presence of key manufacturers, well-established infrastructure, and growing demand for craft beer. Moreover, a large number of microbreweries, rising production, and increasing consumption of beer are propelling the market size. On the other hand, the UK has a rich history of brewing beer. The nation is growing its market size due to increasingly large numbers of key vendors.

"The key market players are improving automation machinery and contributing key roles in operational efficiencies are growing the market opportunities in the market. The high quality and hygiene equipment, automation process, Internet of Things, sensors and among others are increasing the pub cellar equipment market trends" opines a seasoned FMI analyst.

Key Takeaways from the Pub Cellar Equipment Market

• The historic pub cellar equipment market captured a valuation of 1,189.8 million.
• The pub cellar equipment market's historic CAGR stood at 4.4% from 2018 to 2021.
• The global pub cellar equipment market is likely to occupy a CAGR of 3.8% during the forecast period. The market is likely to secure a valuation of US$ 1467.2 Million by 2033.
  

Competition Landscape in the Pub Cellar Equipment Market

The pub cellar equipment market is highly competitive with a large number of players. The key players in the market are AB InBev, Heineken, Molson Coors, Carlsberg and Diageo. The major players in the market are engaged in intense competition to gain market share.

The pub cellar equipment market is fragmented with a large number of small and medium sized manufacturers. The prices of pub cellar equipment vary widely depending on the type and quality of the product. The demand for pub cellar equipment is growing due to the increasing popularity of pubs and bars.

Some of the key players in the market are Asahi Group Holdings, Heineken N.V., Anheuser-Busch InBev, Carlsberg Group, Molson Coors Brewing Company are expected to be the top players driving the market growth.

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• In Aug 2023, Alfa Laval acquired Sweden-based company Scanjet which is a leading company for cleaning tank equipment and provides services to several end-use companies such as pharmaceuticals, transportation, beverages, and energy among others. The acquisition was made to promote cargo tanks among their consumers in the coming period.
• In Jan 2023, Alfa Laval collabs with BenLink to expand its services to the end-use industries such as the energy and food sectors. These collaborations help the company to provide service technicians as they can maintain the allover technical works to increase the sales.
• In Feb 2021, Alfa Laval launched its new products for cleaning and maintaining hygiene purposes known as Foodec Hygiene Plus. However, adding CIP bar technology makes them easy to maintain hygiene.
  

These are some of the major players in the market for Pub cellar equipment market

• AB InBev
• Molson Coors
• Heineken
• Carlsberg
• Diageo
• SS Brewtech
• Perlick Corporation
  

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Segmentation by Category in Market for Pub Cellar Equipment Market

By Type:

By Product Type:

By Application:

• Commercial
• Residential
• Industrial
  

By Distribution Channel:

By Region:

• North America
• Latin America
• Asia pacific
• Europe
• MEA

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Table of Content

1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations

2. Market Overview
2.1. Market Coverage/Taxonomy
2.2. Market Definition/Scope/Limitations

3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
3.5. Value Chain Analysis
3.5.1. Supply Side Participants and their Roles

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About Future Market Insights, Inc.

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