Lewes, DE -- (SBWire) -- 03/07/2018 --Report forecast the global macro brewery equipment market to grow to USD 23,090 million during the period 2018-2022.
Macro brewery refers to a brewery that produces over six million barrels of beer per year. On an average, this translates to 1,300 barrels of beer per brew cycle. The equipment used for such large-scale production of beer per brew cycle is referred to as macro brewery equipment.
The report covers the present scenario and the growth prospects of the global macro brewery equipment market for 2018-2022. To calculate the market size, the report considers the global macro brewery equipment market, based on product, has been segmented into fermentation equipment, brewhouse equipment, filling and packaging equipment, and milling equipment.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one of the major drivers for this market is Portfolio expansion by large-scale brewing companies. Globally, craft brewing companies pose stiff competition to many macro brewers. Hence, many macro breweries are focusing on extending their product lines with beer products that incorporate the characteristics of traditional craft beer. Some of the major craft-style beer brands of major macro breweries are Blue Moon Brewing and Jacob Leinenkugel Brewing owned by MillerCoors, and Shock Top and Goose Island Beer owned by Anheuser-Busch InBev. Some of these manufacturers have been focusing on introducing new beer products to strengthen their market positions.
Further, the report states that one of the major factors hindering the growth of this market is Rise in popularity of craft breweries and nano breweries. Over the years, there has been a rise in popularity of craft breweries and nano breweries globally. Craft beer is from a small brewery that employs traditional brewing methods and ingredients. It is available in a wide range of flavors. The change in consumers' preference toward beer with distinctive flavors has helped in the growth of craft beer. There is an increase in the number of craft breweries, especially in the US. For instance, the number of regional craft breweries in the US has increased by over 4.49% from 2015 to 2016.
Global Macro Brewery Equipment Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global macro brewery equipment market: Della Toffola, GEA Group, Krones, LEHUI, MEURA, and ZIEMANN HOLVRIEKA.
Market driver
- Portfolio expansion by large-scale brewing companies
- For a full, detailed list, view our report
Market challenge
- Rise in popularity of craft breweries and nano breweries
- For a full, detailed list, view our report
Market trend
- Increasing focus on automated temperature monitoring
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 131 pages "Global Macro Brewery Equipment Market 2018 - 2022" report covers Executive summary, Introduction, Scope of the report, Research Methodology, Market landscape, Market Sizing, Five Forces Analysis, Market Segmentation By Product, Market Segmentation By Beer Type, Customer Landscape, Regional Landscape, Decision Framework, Drivers And Challenges, Market Trends, Vendor Landscape, Vendor Analysis, Appendix.
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Global Macro Brewery Equipment Market to Grow to USD 23,090 Million During the Period 2018-2022; Finds New Report
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