Vineyard Spraying Equipment is Fastest Growing Segment Fueling the Growth of Wine Production Machinery Market
The global Wine Production Machinery Market is estimated to be valued at US$ 2.35 Bn in 2023 and is expected to exhibit a CAGR of 6.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview
Wine production machinery includes equipment such as tanks and presses used in
the winemaking process. Crucial machinery include fermentation tanks, bottling
equipment, filtration and centrifugation equipment. They help produce quality
wines using a controlled process while maintaining hygiene.
Market key trends
One of the key trends in the wine production machinery market is the rising
popularity of vineyard spraying equipment. Spraying equipment helps control
pests and diseases in vineyards from an early stage. They offer targeted,
automatic spraying of fungicides and pesticides with minimal wastage. This
ensures high-quality grapes and enhanced wine yields. Precise spraying equipment
that can cover large acreage in less time are becoming popular with vineyard
owners. Their use is expected to grow significantly over the forecast period.
Segment
Analysis
The global wine production machinery market is dominated by crushing and
pressing equipment segment due to high demand for these machinery in wine
production process. Crushing and pressing equipment segment accounts for over
35% share of the overall market as these machinery help in extraction of juice
from grape berries and pressing juice out of crushed grapes.
Key Takeaways
The Global
Wine Production Machinery Market Size is expected to witness high
growth, exhibiting CAGR of 6.6% over
the forecast period, due to increasing wine consumption across regions.
Regional analysis
Europe currently dominates the global wine production machinery market with
more than 50% share, led by countries including Italy, France and Spain. The
region is expected to continue its dominance mainly due to strong presence of
key players and high wine production. Asia Pacific is projected to witness
fastest growth during the forecast period supported by rising number of
wineries and increasing investment in wine production machinery in China and
Australia.
Key players
Key players operating in the wine production machinery market are Bucher
Vaslin, Pera Pellenc, Scharfenberger, Zambelli Enotech, ENOTOOLS, Criveller
Group, Della Toffola, Gruppo Bertolaso, Fabbri, Mori Luigi & C. The global
market is led by Bucher Vaslin and Pera Pellenc due to their wide range of wine
production equipment portfolio and strong global presence.
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More: https://www.ukwebwire.com/wine-production-machinery-market-size-share-and-growth-forecast-2023-2023/
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