DUBLIN--(BUSINESS WIRE)--Jan 5, 2023--

The “Wine Production Machinery Global Market Report 2022: Ukraine-Russia War Impact” report has been added to ResearchAndMarkets.com’s offering.

This provides strategists, marketers and senior management with the critical information they need to assess the global wine production machinery market.

The wine production machinery market is expected to grow from $2.01 billion in 2021 to $2.18 billion in 2022 at a compound annual growth rate (CAGR) of 8.5%. The wine production machinery market is expected to reach $2.67 billion in 2026 at a CAGR of 5.2%.

The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe.

Companies Mentioned

• GW Kent Inc
• Agrovin
• Della Toffola Pacific
• Love Brewing Ltd
• Adamark Airknife
• Paul Mueller
• Vitikit Limited
• Grapeworks PTY Ltd.
• Criveller Group California
• ADIG ltd
• ABE Equipment
• Flecksbier Brauhaus Technik
• Deutsche Beverage Technology
• ICC Northwest
• Master Vintner
• The Krones Group

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
• Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
• Impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market research findings.
• Benchmark performance against key competitors.
• Utilize the relationships between key data sets for superior strategizing.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
• All data from the report will also be delivered in an excel format.

The wine production machinery market consists of sales of wine production machinery by entities (manufacturers, sole traders, and partnerships) that are used for producing quality wines. Wine production machinery refers to various equipment used to carry out the physical and chemical processes in winemaking.

The main types of wine production machinery are tanks and fermenters, crushing and pressing equipment, temperature control equipment, filtration equipment, and other types. The tanks and fermenters are equipment used for producing quality wines. The tank and fermenters are the equipment used to carry out the process of fermentation in winemaking that turns grape juice into an alcoholic beverage. The different types of wines produced are red wine, white wine, rose wine, champagne, and others that are used in several applications such as farm winery, urban winery, micro-winery, and others.

Europe was the largest region in the wine production machinery market in 2021. The regions covered in the wine production machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The growing consumption of wine is expected to propel the growth of the wine production machinery market going forward. Wine is a type of alcoholic drink that is made from fermented grapes.

The consumption of wine is increasing in the urban population mainly because of rapid urbanization, changing lifestyles, increased stress, and rising disposable incomes. As a result of the rising demand, winemaking companies are increasingly adopting wine-making machinery to increase production and meet the increasing demand for wine.

For instance, according to an article published in Forbes, a US-based business magazine, wine consumption surged in 2020. Also, according to current data, online wine sales increased more than 500% during the peak of the lockdown period in April 2020. Therefore, the growing consumption of wine is driving the growth of the wine production machinery market.

Innovative packing has emerged as the new trend gaining popularity in the wine production machinery market. Major companies operating in the wine production machinery are focused on developing new concepts such as the offering of sustainable wine bottles to increase the consumer base.

The countries covered in the wine production machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

For more information about this report visit https://www.researchandmarkets.com/r/3yrxue

View source version on businesswire.com:https://www.businesswire.com/news/home/20230105005820/en/

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KEYWORD:

INDUSTRY KEYWORD: RETAIL MACHINERY MANUFACTURING WINE & SPIRITS

SOURCE: Research and Markets

Copyright Business Wire 2023.

PUB: 01/05/2023 11:42 AM/DISC: 01/05/2023 11:43 AM

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