Market Leaders: Product Launches and Acquisitions to Strengthen the preferred Strategy to Strengthen the Market position in Brewery Equipment Market
According to MarketsandMarkets, the global brewery equipment market size is estimated to be valued at USD 19.2 billion in 2022 and is projected to reach USD 25.6 billion by 2027, recording a CAGR of 5.9% in terms of value. The industry is witnessing a lot of new product launches and acquisitions and mergers between big players.
The key players in this market include Alfa Laval (Sweden), GEA Group Aktiengesellschaft (Germany), Krones AG (Germany), Paul Mueller Company (US), Praj Industries (India), Meura (Belgium), Della Toffola SpA (Italy), Criveller Group (US), KASPAR SCHULZ Brauereimaschinenfabrik & Apparatebauanstalt GmbH (Germany), LEHUI (China), Hypro (India), HG Machinery (China), Interpump Group S.p.A (INOXPA) (Spain), and ABE Equipment (US). To strengthen their market position in the global brewery equipment market, they are now focusing on strategies such as product developments, mergers and acquisitions, product innovations, joint ventures, collaborations, and partnerships.
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Alfa Laval is a top producer of goods for heavy industry and a provider of goods and services. in the fields of fluid handling, separation, and heat transfer. The company’s products are used in the energy, food, water, and maritime industries. The brewery equipment is sold by the company through its Food & Water division, which also sells products for dairy, ethanol, starch, sugar, protein, breweries, pharmaceuticals, biotech, edible oils, and other industries, including beverages. Under its food & water business unit, the company offers brewery equipment. High-speed separators, food systems, hygienic fluid handling, food heat transfer, and decanters are the business units in this segment based on technology.
In October 2021, PlusClean Tank Cleaning Nozzle was introduced by Alfa Laval. The nozzle can be used in the food, beverage, dairy, pharmaceutical, home, and personal care industries. With 100% tank cleaning coverage and up to 80% water and cleaning media savings over traditional cleaning methods, the nozzle provided a more environmentally friendly and economically viable option. It uses fewer cleaning supplies and water. This launch broadens the company’s selection of cleaning systems.
GEA Group Aktiengesellschaft is a market leader in the food and beverage and pharmaceutical industries. The company operates in several segments, including food and beverages, pharmaceuticals, heating and refrigeration, and marine. Over 62 countries are served by the company, including Asia Pacific, DACH, Eastern Europe, Western Europe, the Middle East, Africa, Latin America, and North America. It supplies the beverage, dairy, and food processing industries with machinery such as homogenizers, separators, in-line process connections, and complete production lines. The GEA refrigeration system serves the dairy, food, and pharmaceutical industries with various refrigeration/freezing components.
In April 2021, GEA created a 20-hectoliter brewhouse for aspiring craft brewers, which will assist aspiring brewery manufacturers. With this launch, the company hopes to target microbreweries, and it will also help the company strengthen its brewhouse equipment portfolio.
Krones AG is a company that develops and manufactures a full line of beverages and foods. It also designs, develops, and manufactures machines for the fields of process, filling, and packaging technology. Breweries, water, soft drink, and juice producers, as well as dairies, wine, sparkling wine, and spirits producers, and businesses in the liquid food industry, are among the company’s customers. Plant engineering, process technology, packaging, intralogistics, IT solutions, and filling technology are all products offered by the company. The company operates in two major segments: product filling and decoration machines and lines, and beverage production/process technology and filling technologies machines and lines.
In September 2022, the company introduced the Evo Lite Packer packaging system. The product reduces the cost of beer products and makes them highly affordable in the market. This allows the company to better serve customers who prefer low-cost products.
Related Reports:
Brewery Equipment Market by Equipment Type, Brewery Type (Macrobrewery, Craft brewery), Mode of Application (Manual, Automatic and Semi-automatic), and Region (North America, Asia Pacific, Europe and RoW) - Global Forecast to 2027
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