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Beer Processing Market Size, Industry Analysis Report By Product (Microbrewery, Craft brewery, Microbrewery, Brewpub), By Application (Microbrewery equipment, Craft brewery equipment) & Region – Forecast

  • PUBLISHED ON
  • 2024-10-03
  • NO OF PAGES
  • 238
  • CATEGORY
  • Food & Beverages
The Beer Processing Market: Overview
The Beer Processing Market is valued at around USD 676 billion in 2022 and is expected to reach USD 895.5 billion by 2030, registering a CAGR of 4.1% over the forecast period. Beer processing is the process of making beer utilising yeast, water, and a carbohydrate source. Fermentation is the procedure used to make beer. Barley is the cereal that is processed the most; millet, sorghum, and cassava are utilised less frequently. In the beer industry, processing beer is just as popular as brewing.

The Beer Processing Market - Growth Factor
Increased customer preference for beer over other alcoholic beverages and an increase in disposable income are driving the global beer processing market over the forecast period. The rise in female drinkers and the remarkable increase in young people's population also contribute to the expansion of the beer market. Additionally, there has been an increase in the number of microbreweries and brewpubs. Craft beer and low-alcohol beer growth trends, as well as beer culture, have all altered consumers' perceptions of alcoholic beverages. Constant innovation in beer ingredients for greater taste further supports market growth. The market for beer may, however, be hampered by taxes, higher excise duties on both imported and domestic beer, and rising consumer health consciousness. Nevertheless, the advent of naturally sweetened, non-alcoholic, and sour beer has created a number of potential opportunities for the beer business in the future.

The Beer Processing Market – Market Trends
• The ale kind of beer is predicted to dominate the worldwide beer processing industry due to its high consumer acceptance rate compared to other types of beer.
• Additionally, the majority of businesses operating in the beer industry choose producing ale since it provides outstanding returns on investment. However, it is anticipated that the malt section will experience rapid growth during the anticipated time period.
• Buyers are choosing more frequently to investigate various options for privately delivered premium and diverse brew assortments.
• The majority of brewers now believe that the premium mixes sector will continue to dominate. In addition, the super-premium beers experience rapid commercial growth and are anticipated to exhibit the highest growth rate within the anticipated time frame.
• This is just another element fuelling the expansion of the world market for beer processing.


The Beer Processing Market – Segmentation
The Beer Processing Market fragrance concentrates market has been sub-classified into products, application.
On the basis of product, the Beer Processing Market is bifurcated into:
• Microbrewery
• Craft brewery
• Microbrewery
• Brewpub
• others

On the basis of application, the market is segmented into:
• Microbrewery equipment
• Craft brewery equipment
• others


The Beer Processing Market –Regional Analysis
Asia-Pacific dominated the global Beer Processing Market, considering the expanding population and the establishment of microbreweries in developing nations, to be the major customer. But because of the sad events brought on by COVID-19, several industries, notably the beer sector, had to endure significant losses. However, the global market for beer processing is expected to experience significant growth during the envisioned period because to a number of noteworthy factors.

The Beer Processing Market – Key Market players
Global key players of Beer Processing Market include Anheuser-Busch InBev, Carlsberg Group, Heineken, Asahi Group Holdings, Ltd, Molson Coors Brewing Company, Tsingtao Brewery Co. Ltd, Alfa Laval, GEA Group, Krones Group, Paul Mueller, and others.

Report scope
Global Beer Processing Market: Historical Years- 2018-2021
Global Beer Processing Market: Forecast Years- 2022-2030
Global Beer Processing Market 2022- USD 676 billion
Global Beer Processing Market 2030- USD 895.5 billion
Global Beer Processing Market CAGR- 4.1%

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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