Brewing Equipment Market: Introduction
- Brewing equipment is equipment used to ferment grain or process beer. It comprises different equipment, instruments, and observing tools based on the different steps of brewing. Specific equipment is utilized for each step of the preparation process from start to end and unique equipment are utilized depending on the production capacity of processing beer (limited scope, medium-scope, or huge scope).
Key Drivers of the Brewing Equipment Market
- Rise in consumption of various beer products among youth around the globe and preference for high quality craft beer rather than traditional beer or other cocktails is the major driver of the brewing equipment market.
- Improvements and developments in automation in brewing equipment are attracting investments in the industry from beer manufacturers across the globe. Key manufacturers of brewing equipment are extending their business by setting up new brewing plants across the globe and these portfolio extension practices followed by brewing companies is a significant industry driving component. This significantly increases the number of microbreweries and brewpubs around the globe.
- The unique taste of craft beer and advantages of craft beer, for example, low-calorie content and cancer prevention agents is additionally a significant driver which expands the demand for brewing equipment.
- Internet or e-commerce business is relied upon to gain a larger market for brewing equipment. Home brewing equipment requests have expanded across the globe in view of its low making cost alongside offering the capacity to deliver a wide scope for craft beer. Governments in nations including New Zealand, Australia, Mexico, Canada, and the UK are advancing the creation of craft beer together with merging new breweries through a positive commitment in terms of financial and work advancement. Rise in demand for smaller breweries are attributed to their compactness, mechanization, and need for less room space. These factors act as drivers and propel the demand for brewing equipment at the global level.
Renovating and remodeling old and costly equipment to improve brewing efficiency a significant restriction to market development
- Industry guidelines restrict market development of brewing equipment as they require high grade compilation. High upkeep cost, cost of energy, and power utilization are additionally significant restrictions.
- The Coronavirus pandemic restricted movement, which was a factor that unfavorably impacted the growth of the market. However, this restriction is likely to be eased as mandatory social distancing regulations end.
North America and Europe to Hold Major Share of the Global Brewing Equipment Market
- Germany, the UK, Spain, and Russia are among the super 10 beer consuming countries in the world. Rising demand for premium and craft beer in these regions, especially in the UK and Germany, is driving the growth of the market in Europe.
- The brewing equipment market in North America, driven by the US, Canada, and Mexico, represents maximum share in the global market due to huge consumption of beer in the region.
Key manufacturers active in the beer brewing equipment market include:
- Atlas Copco (Sweden)
- GEA Group (Germany)
- Alfa Laval (Sweden)
- Krones (Germany)
- Meura SA (Belgium)
- Della Toffola (Italy)
- Criveller Group (US)
- Kaspar Schulz (Germany)
- Ningbo Lehui International Engineering Equipment Co., Ltd. (China)
- Hypro Group (India)
- Shanghai Hengcheng Beverage Equipment Co., Ltd. (China)
- Ziemann Holvrieka GmbH (Germany)
- Caspary GmbH (Germany)
These players focus on allocating resources to R&D to advance and create equipment that are energy-efficient and harmless to the ecosystem. They likewise embrace different business techniques, for example, new item dispatches, developments, acquisitions, coordinated efforts, and associations, to meet the growing need for brewing equipment.
Global Brewing Market: Research Scope
Global Brewing Equipment Market, by Mode of Operation
Global Brewing Equipment Market, by Production Capacity
- Low Production
- Medium Production
- High Production
Global Brewing Equipment Market, by End-User
- Commercial Brewery
- Farm Brewery
- Craft Brewery
Global Brewing Equipment Market, by Distribution Channel
- Direct Sales
- Indirect Sales
Global Brewing Equipment Market, by Equipment Type
- Macro Brewing Equipment
- Craft Brewing Equipment
- Home Brewing Equipment
- Micro Brewing Equipment
Global Brewing Equipment Market, by Region
- North America
- The U.S.
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Rest of Middle East and Africa
- South America
- Rest of South America
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