World Microbrewery Equipment Market (17.13%) CAGR To 2021

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ReportsnReports.com adds Global Microbrewery Equipment Market 2017-2021 latest research report; the analysts forecast global microbrewery equipment market to grow at a CAGR of 17.13% during the period 2017-2021.

The global microbrewery equipment market analyst says the latest trend gaining momentum in the market is large brewers expanding to the craft beer market. The increasing entry of large brewers is a major trend in the craft beer market. Many large beer companies are entering the markets in developing countries because of its growing popularity and the increasing consumption of craft beer. Large companies are building their craft beer brands or buying craft beer brands to gain a share of the marketing and distribution network of small brewers.

Complete report on microbrewery equipment market spread across 72 pages, analyzing 4 major companies and providing 35 data exhibits are now available at http://www.reportsnreports.com/reports/805943-global-microbrewery-equipment-market-2017-2021.html

According to the microbrewery equipment market report, one of the major drivers for this market is growing prominence of craft beer. According to the Brewers Association, a craft brewery has an annual production of six million barrels of beer or less. Almost 25% of the craft breweries are owned or controlled by an alcoholic beverage industry member that is not a craft brewer. Craft breweries are coming up with new products to increase their presence in the market.

The following companies are the key players in the global microbrewery equipment market: American Beer Equipment, BrauKon, Portland Kettle Works, and Specific Mechanical Systems. Other prominent vendors in the market are: John M. Ellsworth, JV Northwest, Malt Handling, McKenna Boiler Works, Meura, Pro Engineering & Manufacturing, Pro Refrigeration, PTG Water & Energy, Quality by Vision, Rite Boilers, Root Shoot Malting, SysTech Stainless Works, Union Jack Brewing, and Ziemann USA. Order a copy of Global Microbrewery Equipment Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=805943

Global microbrewery equipment market by mashing systems: Mashing systems have an important role in craft beer production. The malt is mashed with water, which is then stored in mash tanks. Storing in tanks adds flavor, color, and sugar to the content, which is later transformed into alcohol with the help of yeast. Global microbrewery equipment market by cooling systems: Cooling systems are used to bring down the temperature of boiled unprocessed beer. The content is brought to normal temperature after the fermentation process. Cooling systems have an important role in the brewing process and have a lifespan of nearly four years.

Global Microbrewery Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the present scenario and the growth prospects of the global microbrewery equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the various type of equipment such as fermentation systems, mashing systems, cooling systems, filtering systems, and others.

Further, the microbrewery equipment market report states that one of the major factors hindering the growth of this market is presence of substitutes. The craft beer market and the beer market are facing intense competition from other types of alcohol beverages such as wine and spirits. This is because the demand and consumption of wine and spirits are high globally. A wide range of spirits such as whiskey, scotch, and vodka attract a large number of individuals.

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