Global Macro Brewery Equipment Market - Portfolio Expansion by Large-scale Brewing Companies to Drive Growth | Technavio
February 18 2018 - 11:23AM
Business Wire
Technavio’s latest market research report on the global macro
brewery equipment market provides an analysis of the most
important trends expected to impact the market outlook from
2018-2022. Technavio defines an emerging trend as a factor
that has the potential to significantly impact the market and
contribute to its growth or decline.
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Technavio has published a new market
research report on the global macro brewery equipment market from
2018-2022. (Graphic: Business Wire)
According to Technavio analysts, the global macro brewery
equipment market will grow at a CAGR of over 6% during
the forecast period. The portfolio expansion by large-scale brewing
companies is a major factor driving the market’s growth.
Craft brewing companies are major competitors to many macro
brewers. Such competition in the market has compelled the macro
breweries on expanding their product lines with beer products that
incorporate the characteristics of traditional craft beer. Some of
the major craft-style beer brands are focusing on introducing new
beer products to strengthen their market positions.
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In this report, Technavio highlights the increasing focus on
automated temperature monitoring as one of the key emerging trends
driving the global macro brewery equipment market:
Increasing focus on automated
temperature monitoring
Fermentation is an integral part of beer production. It takes
place in tanks, where the pressure and the temperature are
controlled by the brewers. The type of beer determines the
variations in temperature. The temperature control is a key
variable for effective fermentation, which also ensures that the
beer is safe for consumption. Macro brewers use the automated
temperature monitoring system to control the temperature during the
fermentation process. Digital data-logging equipment is one such
system used for this purpose. The system works with the help of a
computer program which monitors the fermentation process to ensure
consistent flavor and quality of the beer before it is
cold-filtered and bottled. This system offers time and date stamps
and temperature data points and can also store all other process
parameters.
“The temperature data loggers record the
temperature of each fermentation tank within the measuring range of
around -326°F to 1202°F, which happens during the fermentation
process. The data logger then sends the data to the base station.
The system efficiently controls and monitors the fermentation
process, and any changes can be remotely made over the network
without anyone having to travel to the base station,” says a senior
analyst at Technavio for research on food service.
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Global macro brewery equipment market
segmentation
This market research report segments the global macro brewery
equipment market into the following products (fermentation
equipment, brewhouse equipment, filling and packaging equipment,
and milling equipment) and key regions (the Americas, APAC, and
EMEA).
The fermentation equipment segment held the
largest market share in 2017, accounting for nearly 60% of the
market. The market share for this product is expected to increase
by 2022. Fermentation equipment helps in removing unnecessary
sediments from beer which improves its quality and removes
off-flavors. Such advantages increase their demand among macro
brewers.
The Americas was the leading region for the
global macro brewery equipment market in 2017, accounting
for a market share of 43%. This region is expected to continue
dominating the market throughout the forecast period.
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version on businesswire.com: http://www.businesswire.com/news/home/20180218005031/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1-844-364-1100UK: +44 203 893 3200www.technavio.com