The market for brewery equipment is expected to grow at a CAGR of 6.0% during the forecast period


Posted November 15, 2021 by Krshna

The market for brewery equipment is expected to grow at a CAGR of 6.0% during the forecast period

 
Market overview:
Beers are a low-calorie substitute for other beverages and contain antioxidants. It also provides essential fiber content for our body while being sufficiently rich in vitamin B, vitamin B3 and vitamin B6. Since beers are also high in silicon, consuming silicon can lead to stronger bones and higher bone density. Research has shown that drinking beer can lower your risk of developing heart disease, diabetes, and even Alzheimer's disease. Proper consumption of beers leads to an increase in the flexibility of the arteries, which further improves blood circulation throughout our body.
Recent developments:
The Swedish company Alfa Laval acquired the American beverage technology company Sandymount to strengthen its position in sustainable beer production.
Market Drivers and Restrains:
Consumers around the world are turning to microbrewery beers due to growing health awareness and the growing popularity of microbrewery beers. The growing need for low-calorie, non-alcoholic beer production and the growing demand for quality, unique-tasting craft beers among the young population has also driven the demand for microbrewery beers, which is one of the main growth factors of the company for brewery equipment market. Significant market players are working together with different players to complete different innovative work exercises to dispatch progressed craftsman processing hardware to satisfy the developing need. Nonetheless, the high upkeep cost of brewery equipment is one of the principle factors that is relied upon to lessen the development of the brewery equipment market.

To know more read:
https://www.marketdataforecast.com/market-reports/North America Brewery Equipment Market

Report is segmented as:
By Type:
• Milling
• Brew house
• Cooling
• Fermentation
• Filtration
• Filling
By Brewery type:
• Macro brewery
• Microbrewery
• Brew pubs
• Regional
By Mode of operation:
• Manual
• Automatic
• Semi-automatic

Geographical Segmentation:
The North American region is expected to see positive market growth due to increased beer consumption and growing health concerns. Organizations such as the Brewers Association have supported the development of public varieties of barley and hops, hop diseases, and grants for hop flavoring research and services, as well as affiliated companies at the national and state levels.

Impact of COVID-19 on North America Brewery Equipment Market:
The COVID-19 pandemic has seriously influenced economies all throughout the planet. Clearly, this by implication affects the market for brewery equipment. Since severe lockdown measures have been carried out distinctively in nations all throughout the planet, a typical point can be seen in that bars, bars and eateries have been shut wherever in light of the fact that they disregard the rule of social distancing, which has turned into a need nowadays. In 2020, Europe experienced a 33% drop in employment generated by the beer brewing industry. Global sales of beer by volume in the United States fell 3% in 2020, while sales by volume of craft brewers fell 9%, reducing the share of small independent brewers of the US beer market in 12.3% volume.

Key market players:
Key companies of this market are Alfa Laval, Krones AG, Criveller Group, Paul Mueller, Kaspar Schulz GmbH, Della Toffola, Hypro Group, Meura SA, Ningbo Lehui International Engineering Equipment Co., Ltd, and Shanghai Hengcheng Beverage Equipment Co., Ltd. among others.
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Issued By Market Data Forecast
Country India
Categories Business , Food , Industry
Tags north america brewery equipment market
Last Updated November 15, 2021