Microbrewery Equipment Market Demand, Global Industry Share, COVID-19 Analysis and Growth 2023
Microbrewery Equipment Market Forecast
The global Covid-19 analysis on microbrewery
equipment market is expected to cross USD 4 billion by
2024 at a CAGR of
9% during the forecast period of 2019 to 2025. Commercial
microbrewery equipment are used in small breweries that produce beer in limited
volumes. micro brewing equipment company are focusing on research and
development with a focus on reducing energy consumption, efficient utilization
of ingredients, and reducing solid waste. For instance, GEA Group
Aktiengesellschaft introduced advanced fermentation equipment that reduces
fermentation time without compromising on product quality.
In the current market scenario, microbreweries are demanding
after-sales services to increase the lifespan of their microbrewery equipment
kit. Continuous production of beer in microbreweries deteriorates the physical
quality of the equipment as it is in continuous contact with different
ingredients, hot water, and alcohol. Thus, to maintain the quality of the
equipment and increase its lifespan, microbreweries demand after-sale services.
Hence, market players offering after-sale services to their customers are
expected to witness high sales and growth opportunities in the coming years.
Microbrewery Equipment Market Growth Opportunities
Mashing equipment segment to register the highest growth rate
during the forecast period: The growth of the segment
can be attributed to the importance of the mashing process during brewing where
hot water is mixed with the ingredients to hydrate the grain and activate malt
enzymes to convert starch into fermentable sugars. Moreover, market players are
focusing on introducing automatic and advanced mashing equipment with added
features.
Focus on automation to offer growth opportunities to
semi-automatic & automatic equipment manufacturers:
Technological advancements have led to the development of enhanced brewing
equipment offering semi- or complete automation. This results in increased
efficiency and helps in producing standard batches of beer. Microbreweries in
both developed and developing countries are adopting semi-automatic and
automatic brewing equipment, which is expected to offer profitable growth
opportunities to the global microbrewery equipment industry players.
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Microbrewery Equipment Market Key Players
1. ICC
Northwest, Inc. (US)
2. Krones
AG (Germany)
3. LEHUI
(China)
4. BrauKon
GmbH (Germany)
5. Paul
Mueller Company (US)
6. MEURA
(Belgium)
7. Della
Toffola SpA (Italy)
8. Shanghai
HengCheng Beverage Equipment Co., Ltd (China)
9. ALFA
LAVAL (Sweden)
10. GEA
Group Aktiengesellschaft (Germany)
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on various industry verticals and wherever required we will be considering
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