Global Beer Processing Industry

Global Beer Processing Industry

  • April 2021 •
  • 289 pages •
  • Report ID: 6030898 •
  • Format: PDF
Abstract:
- Global Beer Processing Market to Reach $838 Billion by 2027
- Amid the COVID-19 crisis, the global market for Beer Processing estimated at US$674.3 Billion in the year 2020, is projected to reach a revised size of US$838 Billion by 2027, growing at aCAGR of 3.2% over the period 2020-2027. Macrobrewery, one of the segments analyzed in the report, is projected to record 3% CAGR and reach US$516.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Craft Brewery segment is readjusted to a revised 3.4% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $182.6 Billion, While China is Forecast to Grow at 5% CAGR
- The Beer Processing market in the U.S. is estimated at US$182.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$162 Billion by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR.

- Select Competitors (Total 52 Featured) -
  • Alfa Laval
  • Anheuser Busch Inbev Nv (BUD)
  • Asahi Group Holdings
  • Carlsberg Group
  • GEA Group
  • Heineken
  • Krones Group
  • Molson Coors Brewing Company (MCBC)
  • Molson Coors Brewing Company (MCBC)
  • Ningbo Lehui International Engineering Equipment Co., Ltd.