Market Forecast
Microbrewery Equipment Market size is expected to cross USD 4 Billion by 2025 at a CAGR of 9% during the forecast period of 2019 to 2025. Commercial microbrewery equipment is used in small breweries that produce beer in limited volumes. micro brewing equipment company are focusing on research and development with a focus on reducing energy consumption, efficient utilization of ingredients, and reducing solid waste. For instance, GEA Group Aktiengesellschaft introduced advanced fermentation equipment that reduces fermentation time without compromising on product quality.
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In the current market scenario, microbreweries are demanding after-sales services to increase the lifespan of their microbrewery equipment kit. Continuous production of beer in microbreweries deteriorates the physical quality of the equipment as it is in continuous contact with different ingredients, hot water, and alcohol. Thus, to maintain the quality of the equipment and increase its lifespan, microbreweries demand after-sale services. Hence, market players offering after-sale services to their customers are expected to witness high sales and growth opportunities in the coming years.
Market USP
Introduction of environmentally sustainable microbrewery equipment market
Growth Opportunities in the Market
- Mashing equipment segment to register the highest growth rate during the forecast period: The growth of the segment can be attributed to the importance of the mashing process during brewing where hot water is mixed with the ingredients to hydrate the grain and activate malt enzymes to convert starch into fermentable sugars. Moreover, market players are focusing on introducing automatic and advanced mashing equipment with added features.
- Focus on automation to offer growth opportunities to semi-automatic & automatic equipment manufacturers: Technological advancements have led to the development of enhanced brewing equipment offering semi- or complete automation. This results in increased efficiency and helps in producing standard batches of beer. Microbreweries in both developed and developing countries are adopting semi-automatic and automatic brewing equipment, which is expected to offer profitable growth opportunities to the market players.
Key Players
- ICC Northwest, Inc. (US)
- Krones AG (Germany)
- LEHUI (China)
- BrauKon GmbH (Germany)
- Paul Mueller Company (US)
- MEURA (Belgium)
- Della Toffola SpA (Italy)
- Shanghai HengCheng Beverage Equipment Co., Ltd (China)
- ALFA LAVAL (Sweden)
- GEA Group Aktiengesellschaft (Germany)
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Market Research Future (MRFR) has published a report stating that the global microspheres market is marked to project noteworthy expansion at a CAGR of 11.9% during the forecast period of 2016-2022.
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Single girder cranes find utility in industries which need the cranes to perform a specific task and not be retrofitted for additional tasks.
They find utility in factories, warehouses, and transportation.Get Sample Copy of This Report @ https://www.marketresearchfuture.com/sample_request/8265By End-User: Virtually all heavy industries, metal processing, chemicals, and utilities find use for overhead cranes.
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Over 45% of the packaging market is dominated by plastic packaging and it is expected to show similar results by the end of the forecasted period.
Both the medicines and the cosmetics are directly or in directly applied or consumed by the human body, which makes it even more important for the product to deliver the right results.
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The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World.
However the current challenge for the market is the high demand for eco-friendly packaging along with increasing competition from emerging nations..On the basis of material, plastic leads the market in all the major regions across the globe.
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Health benefits associated with medicated confectionery is driving the growth of the market.
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