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(Health-NewsWire.Net, June 10, 2021 ) The global beer processing market studied in this report involves the market coverage of brewery equipment and beer. The global beer processing market is estimated to account for about USD 677.5 billion in 2019 and is projected to reach a value of USD 815.4 billion by 2025, at a CAGR of 3.1%.
The rising trend of low- or no-alcohol, and organic beer coupled with the increasing number of microbreweries, as well as brewpubs, has significantly driven the beer processing market. Several brewers, such as Heineken, Greene King, AB InBev, and Budweiser, are adding low-alcohol versions of their flagship beers to their portfolios. Further, product innovations and advancements in the brewery equipment market have led to the increasing need for updated and sustainable brewery equipment among beer processors.
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“Craft brewery segment is projected to grow with the highest CAGR in the beer processing market from 2019 to 2025.”
Based on brewery type, the market is segmented into macrobrewery and craft brewery. The craft brewery segment is estimated to grow at the highest CAGR, due to the rising demand for premium and flavorsome beer produced in small batches. Consumers are also increasingly preferring craft beer as compared to traditional beer. This has led to an increase in the number of microbreweries and brewpubs around the globe. Due to the rise in the number of microbreweries, the demand for microbrewery equipment is increasing, which in turn, is driving the overall demand for brewery equipment in craft breweries.
“In 2019, the on-trade segment is estimated to dominate the beer market in terms of value.”
In value terms, the on-trade segment dominates the beer market. The sales of beer for immediate consumption on premises such as bars and cafes are categorized as on-trade/on-premise. This distribution channel offers higher prices for the beer as the breweries are closer to the final consumer, which helps in a deep understanding of consumption patterns better. The on-trade sales have a direct relation with the various trips and consumer outings, especially when they are in proximity to restaurants and bars.
“In 2019, the on-trade segment is estimated to dominate the beer market in terms of value.”
In value terms, the on-trade segment dominates the beer market. The sales of beer for immediate consumption on premises such as bars and cafes are categorized as on-trade/on-premise. This distribution channel offers higher prices for the beer as the breweries are closer to the final consumer, which helps in a deep understanding of consumption patterns better. The on-trade sales have a direct relation with the various trips and consumer outings, especially when they are in proximity to restaurants and bars.
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This report includes a study of the marketing and development strategies, along with the product portfolios of the leading companies. It consists of the profiles of leading companies (for brewery equipment as well as beer market) such as Alfa Laval (Sweden), GEA Group (Germany), Krones Group (Germany), Paul Mueller (US), Praj Industries (India), Ningbo Lehui International Engineering Equipment Co., Ltd. (China), Anheuser-Busch InBev (Belgium), Carlsberg Group (Denmark), Heineken (Netherlands), Asahi Group Holdings, Ltd (Japan), Molson Coors Brewing Company (US), and Tsingtao Brewery Co. Ltd (China).
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