The Wine Production Machinery Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Wine Production Machinery Global Market Report 2024, The wine production machinery market size has grown strongly in recent years. It will grow from $2.37 billion in 2023 to $2.55 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to global wine consumption trends, winemaking industry expansion, quality and consistency requirements, innovation in winemaking techniques, global wine trade growth.
The wine production machinery market size is expected to see strong growth in the next few years. It will grow to $3.34 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to emerging wine regions, sustainable winemaking practices, increasing wine tourism, rising demand for specialized wines, stringent regulatory standards. Major trends in the forecast period include integration of IoT in cellar management, flexibility and modular machinery designs, wine filtration and clarification innovations, energy-efficient cooling and heating systems, customization and personalization for winemakers.
The growing consumption of wine is expected to propel the growth of the wine production machinery market going forward. Wine is a type of alcoholic drink that is made from fermented grapes. The consumption of wine is increasing in the urban population, mainly because of rapid urbanization, changing lifestyles, increased stress, and rising disposable incomes. As a result of the rising demand, winemaking companies are increasingly adopting wine-making machinery to increase production and meet the increasing demand for wine. For instance, in January 2022, according to the Wine Institute, a US-based institution, the United States consumed about 1 billion gallons of wine in 2020, which is equivalent to 3.10 gallons per resident and increased to 1.1 billion gallons of wine in 2021. Therefore, the growing consumption of wine is driving the growth of the wine production machinery market.
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The wine production machinery market covered in this report is segmented –
1) By Type: Tanks And Fermenters, Crushing And Pressing Equipment, Temperature Control Equipment, Filtration Equipment, Others Types
2) By Wine: Red Wine, White Wine, Rose Wine, Champagne, Others Wines
3) By Application: Farm Winery, Urban Winery, Micro-Winery, Others Applications
Top Major Players
The Krones Group
Della Toffola Pacific
GAI S.p.A.
Siprem International
Vigo Ltd.
In October 2021, Investindustrial, a UK-based investment group, acquired Bertolaso, Ape Impianti, and Permeare for an undisclosed amount. Through these acquisitions, the company intends to strengthen its position as a market leader in the winemaking and beverage machinery market. Bertolaso is an Italy-based designer and manufacturer of automated bottling systems. Ape Impianti is an Italy-based designer and manufacturer of machinery and packaging systems for wine and spirits. Permeable is an Italy-based company operating in the design and manufacturing of filtration machines.
The wine production machinery market report table of contents includes:
1. Executive Summary
2. Wine Production Machinery Market Characteristics
3. Wine Production Machinery Market Trends And Strategies
4. Wine Production Machinery Market - Macro Economic Scenario
5. Global Wine Production Machinery Market Size and Growth
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32. Global Wine Production Machinery Market Competitive Benchmarking
33. Global Wine Production Machinery Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Wine Production Machinery Market
35. Wine Production Machinery Market Future Outlook and Potential Analysis
36. Appendix
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