Global Brewery Equipment Market to reach USD 26.97 billion by 2027.Global Brewery Equipment Market is valued approximately at USD 17.82 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2021-2027. Brewery equipment is used to produce beer by steeping a starch source in water and fermentation with yeast. The global Brewery Equipment market is being driven by growing production and consumption of beer. According to Statista, the annual turnover in the manufacturing of beer in Portugal increased from USD 926.23 million in 2016 to USD 1043.51 million in 2017. Also, according to the same source, in 2020, in the United States, around 180 million barrels of beer were produced. Another important driving factor is the rising consumer preference for craft and artisanal beer. According to Statista, craft beer on-trade sales increased from 12,17,390 hectoliters in 2018 to 12,41,333 hectoliters in 2019. Furthermore, the increasing adoption of alcoholic beverages, advanced technologies for feasible production process, new beer product launches and increasing disposable income will provide new opportunities for the global Brewery Equipment industry. However, high-capacity capital and maintenance costs may impede market growth over the forecast period of 2021-2027.

The regional analysis for the global Brewery Equipment Market is based on the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe is the leading region across the world in terms of market share due to growing production of beer, presence of large players and promptness of premium beer brands coupled with the well-established marketing & innovation of products in the region. Whereas Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to rising personal disposable income, rising adoption of alcoholic beverages, and increasing young demographics in the region.

Major market player included in this report are:
Alfa Laval (Sweden)
GEA Group (Germany)
Krones Group (Germany)
Paul Mueller (US)
Praj Industries (India)
Meura SA (Belgium)
Della Toffola (Italy)
Criveller Group (US)
Kaspar Schulz (Germany)
Ningbo Lehui International Engineering Equipment Co., Ltd. (China)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Mode Of Operation:
Automatic
Semi-automatic
Manual
By Type:
Milling
Brewhouse
Cooling
Others
By Brewery Type:
Macrobrewery
Craft Brewery
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Brewery Equipment Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors