Global Beer Processing Market Analysis 2022
The Global Beer Processing Market is expected to reach $1020.82 billion by 2028 growing at a CAGR of 5.1% from 2021 to 2028. Beer processing is the process of obtaining beer by the fermentation of malted cereal grains. The process of beer making contains various steps and a series of chemical reactions to make high-quality beer.
Factors such as increasing demand for advanced brewery equipment and the rising trend of low or no-alcohol and organic beer are driving the growth of the market. However, high capital investments and maintenance costs are restraining the growth of the market.
Based on brewery type, the macrobrewery segment is going to have a lucrative growth during the forecast period as macrobreweries have larger capacities and more facilities. Many consumers still prefer beer from leading brands over craft beer owing to standardized taste and quality making it the first choice of the majority of the consumers.
The key vendors mentioned are Tsingtao Brewery Co. Ltd, Praj Industries, Anheuser-Busch InBev, Ningbo Lehui International Engineering Equipment Co., Ltd., Krones Group, Heineken, GEA Group, Asahi Group Holdings, Ltd, Molson Coors Brewing Company, Alfa Laval and Paul Mueller.
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