The global wine processing equipment market size is expected to reach around USD 1.5 Billion in 2023. Furthermore, with rising consumption of various types of wine across the world, the overall demand for wine processing equipment is slated to rise at 6.2% CAGR between 2023 and 2033, totaling a market valuation of USD 2.7 Billion by 2033.
Wine processing equipment refers to the tools or equipment used for producing quality wines in quick intervals of time. This equipment includes grape pressers & crushers, fermenter tanks, wine containers, wine tanks, wine temperature control, and wine filtration equipment that enables the wine business to curate quality wines.
Right from crushing raw materials to filtering processed wine, this equipment helps wine manufacturing companies to increase their productivity, reduce costs, and eliminate the risk of contamination.
Grape crushers & pressers help crush grapes and other sources so that the juice can come out and mix with yeast during fermentation. A fermenter tank is usually a cylindrical-conical tank where the fermentation takes place. Another essential piece of equipment is wine temperature control equipment such as a winery chiller which helps regulate the temperature during the fermentation process. Wine filtration equipment on the other hand helps manufacturers to filter wine and remove undesired particles.
In recent years, the wine industry has been growing steadily. The premium wine category has been growing at 8% and will drive the demand for wine processing equipment during the projected period.
Millennials have emerged as the primary consumer of new wines. When it comes to wine, millennials have a strong desire to experiment, preferring novel experiences and varieties. All these fares well for the thriving wine processing equipment market.
Similarly, the increasing number of wineries across the is acting as a catalyst for the growth of wine processing equipment and the trend is likely to continue during the forecast period.
Increasing demand for various types of wine has prompted companies to significantly improve their production capacities. As a result, new wineries are being established worldwide. For instance, as per the USA Bureau of Labor Statistics, the total number of wineries across the USA reached over 5024 in 2020 which is more than 4 times the number in 2001. This will continue to push the demand for wine processing equipment in the global market.
| Attribute | Key Statistics |
|---|---|
| Wine Processing Equipment Market Estimated Value (2023) | USD 1.5 Billion |
| Projected Market Value (2033) | USD 2.7 Billion |
| Value-based CAGR (2023 to 2033) | 6.2% |
| Market Share of Top 3 countries | 35.6 % |
Regionally, North America and Europe together hold the largest share of the global wine processing equipment market and the trend is likely to continue during the forecast period. Growth in these markets is driven by the rising number of wineries, the presence of a favorable legal and regulatory environment, and the availability of advanced technologies.
Increasing demand for various types of wine among millennials and growth in online wine sales are expected to push demand for wine processing equipment across these markets.
The global wine processing market is expected to grow at a steady CAGR of 6.2% between 2023 and 2033 in comparison to the 5.4% CAGR registered during the historical period from 2018 to 2022.
Rising consumption of wine, an increasing number of bars & lounges, and the growing popularity of premium wines are some of the key factors driving the worldwide wine processing equipment industry.
In recent years, demand for both white and red wine has skyrocketed as a result of the availability of a wide range of wine products, increasing penetration of social media, and growing awareness about the health benefits of consuming wine. The global wine processing equipment market is projected to benefit from this.
Similarly, increasing search for new wine products with innovative flavors, advancements in wine processing technology, and a rise in the export of wine are expected to aid in the expansion of the wine processing equipment during the projection period.
A number of influential factors have been identified that are expected to spur growth in the global wine processing equipment market during the projection period (2023 to 2033). Besides the proliferating aspects prevailing in the market, the analysts at FMI have also analyzed the restraining elements, lucrative opportunities, and upcoming threats that can somehow influence wine processing equipment sales.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
RESTRAINTS
OPPORTUNITIES
THREATS
Increase in Export of Wine Generating Demand in the USA Wine Processing Equipment Market
According to FMI, the USA wine equipment market is currently valued at USD 3 Billion and it is expected to grow steadily at a CAGR of 5% during the next ten years. Growth in the USA wine processing equipment market is driven by rising production and consumption of wine due to its health benefits, increasing the number of wineries, and advancements in wine processing technologies.
The wine industry in the USA is thriving and experienced a massive 16.8% uptick in wine sales in the year 2021. Similarly, the increasing export of wine is playing a key role in facilitating the growth of the wine-processing equipment market.
According to the National Association of American Wineries, total US wine exports reached USD 1.46 billion in value in 2018 and this number is expected to further surge during the next few decades. Driven by this demand for wine processing equipment across the USA is expected to rise at a steady pace.
Penetration of online wine shopping platforms, growing consumer inclination towards purchasing wine products through online mode, and rapid expansion of the white wine industry due to the culture of gifting white wine as a gift are expected to bolster sales of wine processing equipment in the USA during the next ten years.
Rising Consumption of Wine Boosting Market in the UK
As per FMI, the UK wine processing equipment market is valued at USD 125 Million and it holds around 22% of the market share in the Europe wine processing equipment market. This can be attributed to the rising consumption and export of wine, lax government regulations, and increasing sales through digital platforms.
Although beer is the most popular alcoholic drink in the UK wine has a strong following. The per capita wine consumption was 15.5 bottles for the year 2020 in the UK With it being easier to order online from mobile, wine sales will continue to rise which in turn will push the demand for wine processing equipment.
High Consumption of Red Wine Due to Its Multiple Health Benefits Pushing Demand in the Market
Based on end-use application, the red wine segment holds the largest share of the global wine processing equipment market and it is expected to grow at a CAGR of 6.2% from 2023 to 2033. This can be attributed to the rising production and consumption of red wine across the world due to its various health benefits.
Red wine has several health benefits, including lowering blood sugar levels, weight loss, and lessening the effects of colds and congestion. Furthermore, because red wine is regarded as the strongest wine on the market, it is the most popular among corporations and millennials. As a result, major winemakers are experimenting with diverse flavors in red wine. This will help accentuate sales of wine processing equipment.
On the other hand, emerging trends reveal that the sparkling wine segment is likely to grow at a higher CAGR over the next ten years, owing to the rising awareness among consumers about the potential health benefits of sparkling wine due to the presence of various antioxidants and nutrients.
The global wine processing equipment market has become highly competitive due to the presence of a large number of regional and domestic players. To capitalize on the emerging opportunities and solidify their position, leading wine processing equipment manufacturers are adopting strategies such as new product launches, mergers, acquisitions, partnerships, and collaborations. For instance,
As the global demand for wine continues to rise, various companies are jumping into the wine processing equipment business to grab this opportunity. As a result, the number of start-ups has increased significantly during the last few years. One such start-up company is Oeuf De Beaune.
Founded in 2016 by Virginie Fournier and Marc Nomblot, the France Based Oeuf de Beaune company specializes in handcrafted concrete tanks. The company uses only spring water, clay-based cement, Loire sand, and Burgundy gravel to manufacture its innovative tanks.
For fermenting and maturing wines, Oeuf de Beaune’s concrete egg tanks provide a natural insulator for stabilizing the temperature gradually. These tanks are suitable for all types of wines.
Similarly, founded in 2015 WINEGRID is focused on developing innovative technological solutions for process digitalization in the wine industry. The company has become quite popular among wine manufacturing industries for its products like WINEGRID Systems.
Based on IoT, WINGRID Systems, in addition to contributing to increased productivity and efficiency, allow a reduction of costs in processes and are an important support in oenological decision-making.
The company recently launched e-volum, a new solution to monitor wine storage. The solution helps to keep track of the wine stock in general and in each tank.
in 2015 JUCLAS USA was started in the USA with the aim to provide winemakers in North America with the same top-quality products and equipment know-how the company is known for.
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 1.5 Billion |
| Projected Market Size (2033) | USD 2.7 Billion |
| Value-based CAGR (2023 to 2033) | 6.2% CAGR |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa (MEA) |
| Key Countries Covered | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
| Key Segments Covered | Product Type, Application, Region |
| Key Companies Profiled | Criveller Group; Dt Pacific Pty. Ltd.; G.W. Kent, Inc.; Love Brewing Limited; Northern Brewer; Paul Mueller Company, Inc.; Grapeworks Pty Ltd.; Vitikit Ltd; Arsilac; Brive Tonneliers; Bucher Vaslin; Tec Inox; Themas; PMH Vinicole; Cazaux Rotorflex; Cave De Bissey; Cadalpe Srl; ENOTEC |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 1: Global Value (US$ Billion) Forecast by Region, 2018 to 2033
Table 2: Global Volume (MT) Forecast by Region, 2018 to 2033
Table 3: Global Value (US$ Billion) Forecast by Product Type, 2018 to 2033
Table 4: Global Volume (MT) Forecast by Product Type, 2018 to 2033
Table 5: Global Value (US$ Billion) Forecast by End-Use Application, 2018 to 2033
Table 6: Global Volume (MT) Forecast by End-Use Application, 2018 to 2033
Table 7: North America Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 8: North America Volume (MT) Forecast by Country, 2018 to 2033
Table 9: North America Value (US$ Billion) Forecast by Product Type, 2018 to 2033
Table 10: North America Volume (MT) Forecast by Product Type, 2018 to 2033
Table 11: North America Value (US$ Billion) Forecast by End-Use Application, 2018 to 2033
Table 12: North America Volume (MT) Forecast by End-Use Application, 2018 to 2033
Table 13: Latin America Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 14: Latin America Volume (MT) Forecast by Country, 2018 to 2033
Table 15: Latin America Value (US$ Billion) Forecast by Product Type, 2018 to 2033
Table 16: Latin America Volume (MT) Forecast by Product Type, 2018 to 2033
Table 17: Latin America Value (US$ Billion) Forecast by End-Use Application, 2018 to 2033
Table 18: Latin America Volume (MT) Forecast by End-Use Application, 2018 to 2033
Table 19: Europe Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 20: Europe Volume (MT) Forecast by Country, 2018 to 2033
Table 21: Europe Value (US$ Billion) Forecast by Product Type, 2018 to 2033
Table 22: Europe Volume (MT) Forecast by Product Type, 2018 to 2033
Table 23: Europe Value (US$ Billion) Forecast by End-Use Application, 2018 to 2033
Table 24: Europe Volume (MT) Forecast by End-Use Application, 2018 to 2033
Table 25: East Asia Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 26: East Asia Volume (MT) Forecast by Country, 2018 to 2033
Table 27: East Asia Value (US$ Billion) Forecast by Product Type, 2018 to 2033
Table 28: East Asia Volume (MT) Forecast by Product Type, 2018 to 2033
Table 29: East Asia Value (US$ Billion) Forecast by End-Use Application, 2018 to 2033
Table 30: East Asia Volume (MT) Forecast by End-Use Application, 2018 to 2033
Table 31: South Asia Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 32: South Asia Volume (MT) Forecast by Country, 2018 to 2033
Table 33: South Asia Value (US$ Billion) Forecast by Product Type, 2018 to 2033
Table 34: South Asia Volume (MT) Forecast by Product Type, 2018 to 2033
Table 35: South Asia Value (US$ Billion) Forecast by End-Use Application, 2018 to 2033
Table 36: South Asia Volume (MT) Forecast by End-Use Application, 2018 to 2033
Table 37: Oceania Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 38: Oceania Volume (MT) Forecast by Country, 2018 to 2033
Table 39: Oceania Value (US$ Billion) Forecast by Product Type, 2018 to 2033
Table 40: Oceania Volume (MT) Forecast by Product Type, 2018 to 2033
Table 41: Oceania Value (US$ Billion) Forecast by End-Use Application, 2018 to 2033
Table 42: Oceania Volume (MT) Forecast by End-Use Application, 2018 to 2033
Table 43: MEA Value (US$ Billion) Forecast by Country, 2018 to 2033
Table 44: MEA Volume (MT) Forecast by Country, 2018 to 2033
Table 45: MEA Value (US$ Billion) Forecast by Product Type, 2018 to 2033
Table 46: MEA Volume (MT) Forecast by Product Type, 2018 to 2033
Table 47: MEA Value (US$ Billion) Forecast by End-Use Application, 2018 to 2033
Table 48: MEA Volume (MT) Forecast by End-Use Application, 2018 to 2033
Figure 1: Global Value (US$ Billion) by Product Type, 2023 to 2033
Figure 2: Global Value (US$ Billion) by End-Use Application, 2023 to 2033
Figure 3: Global Value (US$ Billion) by Region, 2023 to 2033
Figure 4: Global Value (US$ Billion) Analysis by Region, 2018 to 2033
Figure 5: Global Volume (MT) Analysis by Region, 2018 to 2033
Figure 6: Global Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Value (US$ Billion) Analysis by Product Type, 2018 to 2033
Figure 9: Global Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 10: Global Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 11: Global Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 12: Global Value (US$ Billion) Analysis by End-Use Application, 2018 to 2033
Figure 13: Global Volume (MT) Analysis by End-Use Application, 2018 to 2033
Figure 14: Global Value Share (%) and BPS Analysis by End-Use Application, 2023 to 2033
Figure 15: Global Y-o-Y Growth (%) Projections by End-Use Application, 2023 to 2033
Figure 16: Global Attractiveness by Product Type, 2023 to 2033
Figure 17: Global Attractiveness by End-Use Application, 2023 to 2033
Figure 18: Global Attractiveness by Region, 2023 to 2033
Figure 19: North America Value (US$ Billion) by Product Type, 2023 to 2033
Figure 20: North America Value (US$ Billion) by End-Use Application, 2023 to 2033
Figure 21: North America Value (US$ Billion) by Country, 2023 to 2033
Figure 22: North America Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 23: North America Volume (MT) Analysis by Country, 2018 to 2033
Figure 24: North America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Value (US$ Billion) Analysis by Product Type, 2018 to 2033
Figure 27: North America Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 28: North America Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 29: North America Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 30: North America Value (US$ Billion) Analysis by End-Use Application, 2018 to 2033
Figure 31: North America Volume (MT) Analysis by End-Use Application, 2018 to 2033
Figure 32: North America Value Share (%) and BPS Analysis by End-Use Application, 2023 to 2033
Figure 33: North America Y-o-Y Growth (%) Projections by End-Use Application, 2023 to 2033
Figure 34: North America Attractiveness by Product Type, 2023 to 2033
Figure 35: North America Attractiveness by End-Use Application, 2023 to 2033
Figure 36: North America Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Value (US$ Billion) by Product Type, 2023 to 2033
Figure 38: Latin America Value (US$ Billion) by End-Use Application, 2023 to 2033
Figure 39: Latin America Value (US$ Billion) by Country, 2023 to 2033
Figure 40: Latin America Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 41: Latin America Volume (MT) Analysis by Country, 2018 to 2033
Figure 42: Latin America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Value (US$ Billion) Analysis by Product Type, 2018 to 2033
Figure 45: Latin America Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 46: Latin America Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 47: Latin America Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 48: Latin America Value (US$ Billion) Analysis by End-Use Application, 2018 to 2033
Figure 49: Latin America Volume (MT) Analysis by End-Use Application, 2018 to 2033
Figure 50: Latin America Value Share (%) and BPS Analysis by End-Use Application, 2023 to 2033
Figure 51: Latin America Y-o-Y Growth (%) Projections by End-Use Application, 2023 to 2033
Figure 52: Latin America Attractiveness by Product Type, 2023 to 2033
Figure 53: Latin America Attractiveness by End-Use Application, 2023 to 2033
Figure 54: Latin America Attractiveness by Country, 2023 to 2033
Figure 55: Europe Value (US$ Billion) by Product Type, 2023 to 2033
Figure 56: Europe Value (US$ Billion) by End-Use Application, 2023 to 2033
Figure 57: Europe Value (US$ Billion) by Country, 2023 to 2033
Figure 58: Europe Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 59: Europe Volume (MT) Analysis by Country, 2018 to 2033
Figure 60: Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Europe Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Europe Value (US$ Billion) Analysis by Product Type, 2018 to 2033
Figure 63: Europe Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 64: Europe Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 65: Europe Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 66: Europe Value (US$ Billion) Analysis by End-Use Application, 2018 to 2033
Figure 67: Europe Volume (MT) Analysis by End-Use Application, 2018 to 2033
Figure 68: Europe Value Share (%) and BPS Analysis by End-Use Application, 2023 to 2033
Figure 69: Europe Y-o-Y Growth (%) Projections by End-Use Application, 2023 to 2033
Figure 70: Europe Attractiveness by Product Type, 2023 to 2033
Figure 71: Europe Attractiveness by End-Use Application, 2023 to 2033
Figure 72: Europe Attractiveness by Country, 2023 to 2033
Figure 73: East Asia Value (US$ Billion) by Product Type, 2023 to 2033
Figure 74: East Asia Value (US$ Billion) by End-Use Application, 2023 to 2033
Figure 75: East Asia Value (US$ Billion) by Country, 2023 to 2033
Figure 76: East Asia Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 77: East Asia Volume (MT) Analysis by Country, 2018 to 2033
Figure 78: East Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: East Asia Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: East Asia Value (US$ Billion) Analysis by Product Type, 2018 to 2033
Figure 81: East Asia Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 82: East Asia Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 83: East Asia Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 84: East Asia Value (US$ Billion) Analysis by End-Use Application, 2018 to 2033
Figure 85: East Asia Volume (MT) Analysis by End-Use Application, 2018 to 2033
Figure 86: East Asia Value Share (%) and BPS Analysis by End-Use Application, 2023 to 2033
Figure 87: East Asia Y-o-Y Growth (%) Projections by End-Use Application, 2023 to 2033
Figure 88: East Asia Attractiveness by Product Type, 2023 to 2033
Figure 89: East Asia Attractiveness by End-Use Application, 2023 to 2033
Figure 90: East Asia Attractiveness by Country, 2023 to 2033
Figure 91: South Asia Value (US$ Billion) by Product Type, 2023 to 2033
Figure 92: South Asia Value (US$ Billion) by End-Use Application, 2023 to 2033
Figure 93: South Asia Value (US$ Billion) by Country, 2023 to 2033
Figure 94: South Asia Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 95: South Asia Volume (MT) Analysis by Country, 2018 to 2033
Figure 96: South Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: South Asia Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: South Asia Value (US$ Billion) Analysis by Product Type, 2018 to 2033
Figure 99: South Asia Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 100: South Asia Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 101: South Asia Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 102: South Asia Value (US$ Billion) Analysis by End-Use Application, 2018 to 2033
Figure 103: South Asia Volume (MT) Analysis by End-Use Application, 2018 to 2033
Figure 104: South Asia Value Share (%) and BPS Analysis by End-Use Application, 2023 to 2033
Figure 105: South Asia Y-o-Y Growth (%) Projections by End-Use Application, 2023 to 2033
Figure 106: South Asia Attractiveness by Product Type, 2023 to 2033
Figure 107: South Asia Attractiveness by End-Use Application, 2023 to 2033
Figure 108: South Asia Attractiveness by Country, 2023 to 2033
Figure 109: Oceania Value (US$ Billion) by Product Type, 2023 to 2033
Figure 110: Oceania Value (US$ Billion) by End-Use Application, 2023 to 2033
Figure 111: Oceania Value (US$ Billion) by Country, 2023 to 2033
Figure 112: Oceania Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 113: Oceania Volume (MT) Analysis by Country, 2018 to 2033
Figure 114: Oceania Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 115: Oceania Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 116: Oceania Value (US$ Billion) Analysis by Product Type, 2018 to 2033
Figure 117: Oceania Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 118: Oceania Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 119: Oceania Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 120: Oceania Value (US$ Billion) Analysis by End-Use Application, 2018 to 2033
Figure 121: Oceania Volume (MT) Analysis by End-Use Application, 2018 to 2033
Figure 122: Oceania Value Share (%) and BPS Analysis by End-Use Application, 2023 to 2033
Figure 123: Oceania Y-o-Y Growth (%) Projections by End-Use Application, 2023 to 2033
Figure 124: Oceania Attractiveness by Product Type, 2023 to 2033
Figure 125: Oceania Attractiveness by End-Use Application, 2023 to 2033
Figure 126: Oceania Attractiveness by Country, 2023 to 2033
Figure 127: MEA Value (US$ Billion) by Product Type, 2023 to 2033
Figure 128: MEA Value (US$ Billion) by End-Use Application, 2023 to 2033
Figure 129: MEA Value (US$ Billion) by Country, 2023 to 2033
Figure 130: MEA Value (US$ Billion) Analysis by Country, 2018 to 2033
Figure 131: MEA Volume (MT) Analysis by Country, 2018 to 2033
Figure 132: MEA Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 133: MEA Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 134: MEA Value (US$ Billion) Analysis by Product Type, 2018 to 2033
Figure 135: MEA Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 136: MEA Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 137: MEA Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 138: MEA Value (US$ Billion) Analysis by End-Use Application, 2018 to 2033
Figure 139: MEA Volume (MT) Analysis by End-Use Application, 2018 to 2033
Figure 140: MEA Value Share (%) and BPS Analysis by End-Use Application, 2023 to 2033
Figure 141: MEA Y-o-Y Growth (%) Projections by End-Use Application, 2023 to 2033
Figure 142: MEA Attractiveness by Product Type, 2023 to 2033
Figure 143: MEA Attractiveness by End-Use Application, 2023 to 2033
Figure 144: MEA Attractiveness by Country, 2023 to 2033
The global wine processing equipment market size is likely to reach USD 1.5 Billion in 2023.
The worldwide wine processing equipment market is expected to grow at 6.2% CAGR through 2033.
As per FMI, the global wine processing equipment market is projected to surpass a valuation of USD 2.6 Billion by 2033.
The North American wine processing equipment market is currently valued at USD 450 Million and it holds around 30% of the global market share.
The USA, China, Canada, Germany, the UK, Spain, and Italy are the major countries driving demand for wine processing equipment.
Grapeworks pty ltd., vitikit ltd, Arsilac, Northern Brewer, and Paul Mueller Company, Inc. are expected to be the top players operating in the global market.
According to FMI, the red wine segment is expected to lead the wine processing equipment market.
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