Rise in beer consumption, rapidly growing micro-breweries, and continuous innovation of brewery equipment are some of the key factors driving the global brewery equipment market growth.
The brewing process consists of several steps such as milling, malting, cellaring, mashing, boiling, cooling, wort separation, conditioning, fermentation, filtration, carbonation, and filling. Various equipment used in these steps of the process would boost the brewery equipment market.
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Based on product, the brewery equipment market has been categorized into fermentation, brewhouse, carbonation, control and monitoring, filling and packaging, mashing, filtration, milling, and fitting and valve systems.
Geographically, the European brewery equipment market held the largest share in 2018, owing to the presence of various major beer manufacturers in the region. In addition, countries in the region account for a very high demand for beer. For instance, Germany, the U.K., Russia, and Spain are among top ten beer consuming countries in the world.
The brewery equipment market is moderately fragmented and competitive in nature, due to the presence of moderate number of players. Major companies are mainly focusing on facility expansion to expand their market presence.
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Some of the key players operating in the global brewery equipment market include Alfa Laval AB, GEA Group AG, Krones AG, Paul Mueller Company, Meura SA, Della Toffola S.p.A., Criveller Group, KASPAR SCHULZ Brauereimaschinenfabrik & Apparatebauanstalt GmbH, Ningbo Lehui International Engineering Equipment Co. Ltd., Shanghai Hengcheng Beverage Equipment Co. Ltd., and Hypro Group.
This post was originally published on Raleigh Recorder