Wine Production Machinery are extensively used in the winemaking process for various operations such as crushing, pressing, fermentation and aging. The automated wine production machinery offer advantages such as increased efficiency, consistency in quality and reduced production time.
The global Wine Production Machinery Market is estimated to be valued at US$ 2.35 Bn in 2023 and is expected to exhibit a CAGR of 4.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Automation has been a major trend in the wine production machinery market. With growing demand for high-quality and consistent wine output, producers have been increasingly adopting automated wine production machinery. Fully automated systems can perform complex tasks such as crushing, fermentation monitoring and bottle handling with precision. They help improve productivity and maximize optimization of winemaking process. For instance, programmable logic controllers in automated wine presses ensure consistent pressure is applied during maceration and pressing. This further aids in extracting optimum color, tannins and aroma from the grapes. Rising labor costs have also prompted winemakers to invest in automated machinery to reduce dependency on human workforce. Overall, automation is expected to drive higher adoption of innovative wine production equipment and technologies over the forecast period.
Segment Analysis
The global wine production machinery market is dominated by equipment used for processing and filtering wine. Devices for processing account for over 40% share due to high demand for efficient centrifuges and filters that remove solids and clarify wine. Subsegments like crushers and destemmers have also witnessed increased sales as winemakers aim to increase their production capacity.
Key Takeaways
The Global Wine Production Machinery Market Size is expected to witness high growth over the forecast period. Increased wine consumption across regions like North America and Asia Pacific is driving demand for more advanced winemaking equipment.
Regional analysis
Europe currently dominates the global market with over 50% share due to the large number of wineries based in countries like Italy, France and Spain. However, the Asia Pacific region is projected to grow at the fastest pace during the forecast period supported by rising wine consumption countries like China, India and Australia. Several European equipment manufacturers are also expanding to Asia Pacific through partnerships with local players.
Key players
Key players operating in the wine production machinery market are Medtronic Plc, Koninklijke Philips N.V., Abbott, Johnson & Johnson Service Inc., Merit Medical Systems, Inc., Stryker, Penumbra, Inc., Acandis GmbH & Co. KG, MicroPort Scientific Corporation, Terumo Corporation, Cerus Endovascular Limited., ASAHI INTECC USA, INC., ZYLOX-TONBRIDGE MEDICAL TECHNOLOGY CO., LTD., iVascular, LifeHealthcare, Veiva, and Nordson MEDICAL.
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