According to the latest market research study by Technavio, the global microbrewery equipment market is expected to grow at a CAGR of close to 17% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global microbrewery equipment market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the equipment type
Source: Technavio
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The top three revenue contributing equipment types are discussed below
Global microbrewery equipment market by fermentation systems: The fermentation systems segment is expected to experience the maximum growth in its revenue share during the forecast period.
“The fermentation process takes the maximum time compared to the other processes involved in the production of craft beer. As the fermentation process takes a lot of time, microbreweries require many fermentation systems to store the large volumes of unprocessed craft beer. The rise in the storage of beer leads to its increased adoption,” says Ujjwal Doshi, a senior analyst at Technavio for research on media and entertainment.
Global microbrewery equipment market by mashing systems: Mashing systems have an important role in craft beer production. The malt is mashed with water, which is then stored in mash tanks. Storing in tanks adds flavor, color, and sugar to the content, which is later transformed into alcohol with the help of yeast.
Global microbrewery equipment market by cooling systems: Cooling systems are used to bring down the temperature of boiled unprocessed beer. The content is brought to normal temperature after the fermentation process. Cooling systems have an important role in the brewing process and have a lifespan of nearly four years.
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The top vendors operating in the global microbrewery equipment market are:
- American Beer Equipment
- BrauKon
- Portland Kettle Works
- Specific Mechanical Systems
The other prominent vendors in the market include John M. Ellsworth, JV Northwest, Malt Handling, McKenna Boiler Works, Meura, Pro Engineering & Manufacturing, Pro Refrigeration, PTG Water & Energy, Quality by Vision, Rite Boilers, Root Shoot Malting, SysTech Stainless Works, Union Jack Brewing, and Ziemann USA.
A more detailed analysis is available in the Technavio report titled, ‘Global microbrewery equipment Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Alcoholic Beverage Market in the US 2016-2020
- Global Alcoholic Drinks Market 2016-2020
- Global American Whiskey Market 2016-2020
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