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"The Art of Cool: Draught Beer Chillers for Connoisseurs"
The UK draught beer chillers is set to rise significantly at a 5.9% CAGR from 2023 to 2033. Globally, the market, valued at US$1,782.2 million in 2023, will grow at a 3.5% CAGR, reaching US$2,514.0 million by 2033. This growth is driven by the need for efficient beer cooling solutions amid the increasing consumption of draught beer worldwide.
Demand for UK draught beer chillers is projected to grow at a robust CAGR of 5.9% CAGR between 2023 and 2033. The UK is one of the leading countries when it comes to sales of draught beer chillers.
According to Future Market Insights, the global draught beer chiller market size is expected to be valued at US$ 1,782.2 Mn in 2023 and further grow at 3.5% CAGR throughout the forecast period (2023-2033). Overall, draught beer chiller sales are projected to total a valuation of US$ 2,514.0 Mn by 2033.
The demand for effective beer cooling solutions and the global increase in draught beer consumption are two major factors propelling the global draught beer chiller market ahead.
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In many end-use sectors, draught beer chillers are a highly effective way to cool draught beer. It’s a kind of refrigerator where the beer is cooled using a cooling system. They aid consumers in maintaining beer’s freshness and coldness.
A growing number of bars, pubs, and restaurants around the world is emerging as a crucial factor driving demand for draught beer chillers and the trend is expected to continue during the forecast period.
Similarly, innovation in beer cooling solutions and reduction in product prices will create lucrative opportunities for leading draught beer chiller manufacturers over the next ten years.
The most popular type of beer chilling system is the glycol chiller. Glycol chillers use a glycol and water mixture to cool the beer lines and taps. Despite being more expensive, glycol-cooled chiller are preferred by end user due to their more efficient nature.
Key Takeaways:
Based on type, glycol-cooled chiller segment holds a substantial share of the global draught beer chiller market.
By end user, bars and restaurants together hold the largest share of the worldwide draught beer chiller industry.
In terms of structure, demand remains high for counter-top draught beer chillers in the market.
Germany currently holds around 22.0% share in the global draught beer chiller market.
With a market valuation of US$ 650.5 Mn, the U.S. holds nearly 36.5% share in the global draught beer chiller market.
The UK draught beer chiller market is expected to grow at a CAGR of 5.9% during the forecast period.
“There are many factors that have contributed to the rise in popularity of draught beer chillers, but one of the biggest drivers has been the growing demand and consumption of draught or draft beer worldwide,” says a lead FMI analyst.
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Who is Winning?
Top 5 manufacturers of Draught Beer Chillers are Zhongde Equipment Co., Ltd., Maxwell Food Equipment, BEVERAGE-AIR, Lanco Industry Co. Ltd, and MF Refrigeration.
The competition in the Draught Beer Chiller market is intense because the products are very similar. The main difference between the products is their price. Hence, key players are focused on reducing product prices as well as launching new innovative beer chilling solutions in the market.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of Draught Beer Chiller presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033.
The study provides valuable insight on the Draught Beer Chiller market based on type (air-cooled, water-cooled, and glycol-cooled), end user (breweries, bars, restaurants, and hotels), and structure (Counter-top, and Under Counter) across several regions.
About Food & Beverage Division at Future Market Insights
The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
Use promo code ->> FMITODAY to get flat 20% discount
https://www.futuremarketinsigh....ts.com/checkout/1622
Draught Beer Chiller Industry Outlook by Category
By Type:
Air-cooled
Water-cooled
Glycol-cooled
By End User:
Breweries
Bars
Restaurants
Hotels
By Structure:
Counter-top
Under Counter
"The Art of Cool: Draught Beer Chillers for Connoisseurs"
The UK draught beer chillers is set to rise significantly at a 5.9% CAGR from 2023 to 2033. Globally, the market, valued at US$1,782.2 million in 2023, will grow at a 3.5% CAGR, reaching US$2,514.0 million by 2033. This growth is driven by the need for efficient beer cooling solutions amid the increasing consumption of draught beer worldwide.
Demand for UK draught beer chillers is projected to grow at a robust CAGR of 5.9% CAGR between 2023 and 2033. The UK is one of the leading countries when it comes to sales of draught beer chillers.
According to Future Market Insights, the global draught beer chiller market size is expected to be valued at US$ 1,782.2 Mn in 2023 and further grow at 3.5% CAGR throughout the forecast period (2023-2033). Overall, draught beer chiller sales are projected to total a valuation of US$ 2,514.0 Mn by 2033.
The demand for effective beer cooling solutions and the global increase in draught beer consumption are two major factors propelling the global draught beer chiller market ahead.
Get Sample Copy@
https://www.futuremarketinsigh....ts.com/reports/sampl
In many end-use sectors, draught beer chillers are a highly effective way to cool draught beer. It’s a kind of refrigerator where the beer is cooled using a cooling system. They aid consumers in maintaining beer’s freshness and coldness.
A growing number of bars, pubs, and restaurants around the world is emerging as a crucial factor driving demand for draught beer chillers and the trend is expected to continue during the forecast period.
Similarly, innovation in beer cooling solutions and reduction in product prices will create lucrative opportunities for leading draught beer chiller manufacturers over the next ten years.
The most popular type of beer chilling system is the glycol chiller. Glycol chillers use a glycol and water mixture to cool the beer lines and taps. Despite being more expensive, glycol-cooled chiller are preferred by end user due to their more efficient nature.
Key Takeaways:
Based on type, glycol-cooled chiller segment holds a substantial share of the global draught beer chiller market.
By end user, bars and restaurants together hold the largest share of the worldwide draught beer chiller industry.
In terms of structure, demand remains high for counter-top draught beer chillers in the market.
Germany currently holds around 22.0% share in the global draught beer chiller market.
With a market valuation of US$ 650.5 Mn, the U.S. holds nearly 36.5% share in the global draught beer chiller market.
The UK draught beer chiller market is expected to grow at a CAGR of 5.9% during the forecast period.
“There are many factors that have contributed to the rise in popularity of draught beer chillers, but one of the biggest drivers has been the growing demand and consumption of draught or draft beer worldwide,” says a lead FMI analyst.
Talk to Our Analyst@
https://www.futuremarketinsigh....ts.com/ask-question/
Who is Winning?
Top 5 manufacturers of Draught Beer Chillers are Zhongde Equipment Co., Ltd., Maxwell Food Equipment, BEVERAGE-AIR, Lanco Industry Co. Ltd, and MF Refrigeration.
The competition in the Draught Beer Chiller market is intense because the products are very similar. The main difference between the products is their price. Hence, key players are focused on reducing product prices as well as launching new innovative beer chilling solutions in the market.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of Draught Beer Chiller presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033.
The study provides valuable insight on the Draught Beer Chiller market based on type (air-cooled, water-cooled, and glycol-cooled), end user (breweries, bars, restaurants, and hotels), and structure (Counter-top, and Under Counter) across several regions.
About Food & Beverage Division at Future Market Insights
The Food & Beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
Use promo code ->> FMITODAY to get flat 20% discount
https://www.futuremarketinsigh....ts.com/checkout/1622
Draught Beer Chiller Industry Outlook by Category
By Type:
Air-cooled
Water-cooled
Glycol-cooled
By End User:
Breweries
Bars
Restaurants
Hotels
By Structure:
Counter-top
Under Counter
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Gourmet Vegan Comfort: Decadent Cheese Sauces for Every Dish
Household/Retail
The vegan cheese sauce market is poised for growth, expected to reach US$ 192.3 million by 2033 from US$ 100.9 million in 2023. The surge is fueled by the rising acceptance of veganism, particularly among younger demographics, as consumers increasingly opt for plant-based alternatives due to environmental and ethical concerns associated with the dairy industry.
The vegan cheese sauce market is anticipated to be worth US$ 100.9 million in 2023 and US$ 192.3 million by 2033. The rise of the vegan market can be ascribed to veganism’s rising acceptance, particularly among younger generations. As consumers become more aware of the negative consequences the dairy business has on both animals and the environment, they are choosing plant-based alternatives more frequently.
Growing numbers of people, particularly young people, are going vegan, which has helped the market for vegan cheese sauce expand. People who are aware of the way the dairy industry handles the environment and animals are less inclined to support it and are more inclined to choose plant-based substitutes.
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According to specialists, this will lead to a CAGR of 7.4% for the vegan cheese sauce market, with top suppliers likely to include the US, UK, Germany, and Japan.
Rising numbers of flexitarians and vegans, as well as increased public outcry over the ethical treatment of animals, are expected to fuel demand for vegan cheese sauce over the next few years. Including vegan cheese in one’s diet is beneficial to health. Furthermore, plant-based diets are trending in popularity among lactose intolerant and dairy allergy individuals. Like dairy, plant foods are a good source of protein, vitamins, and carbs.
The hospitality and restaurant sectors have been major drivers of the vegan cheese sauce market, with more and more hotels, restaurants, and fast-food chains identifying their products as vegan cheese sauce and offering appetisers using vegan cheese sauce. Moreover, the expansion of the urban and millennial populations, both of which represent a large and growing market for the product, is a significant element in its development. The younger generation is health-conscious and learning about the advantages of dairy-free alternatives like cheese.
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Key Takeaways
The soymilk segment is expected to have a share of 28.2%.
Shifting consumer dietary tastes and shifting food and beverage sector trends are boosting global demand for vegan cheese sauce.
Japan vegan cheese sauce market is expected to grow at a rate of 5.6%.
During the anticipated period, the supermarket segment holds the largest share of the global market. This is mostly because supermarkets provide superior self-service and excellent shopping convenience.
Competitive Analysis
To extend their foothold in the vegan cheese sauceindustry, boost profits, and keep up with the competition, key players have turned to a variety of innovative approaches. Bute Island Foods Ltd., GreenSpace Brands, violifefoods.com, Vtopian Artisan Cheeses., Chicago Vegan Foods, Gardener Cheese Company, Tofutti Brands Inc., Kite Hill, DAIYA FOODS INC., and Nush Foods are only few of the major players in the market.
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The vegan cheese sauce market is also attracting a lot of new market players. Two of the key startups operating in the market are:
Urban Platter
This business is India’s leading manufacturer of plant-based dairy products. Its supply of vegan cheese sauce and milk had already taken off. All their cheeses are produced with cashews, almonds, and coconut oil. Cheeses made in this way have no cholesterol, few calories, and plenty of nutrients. Vegan mozzarella, cheddar, smoked cheese; parmesan, mild, and cheese spread are just some of the cheese varieties offered by this firm. Each cheese weighed 200 grammes and cost roughly Rs. 440. Customers have raved about the deliciousness of each of these cheeses, so it is clear that they are well worth a try.
Live Yum
Taanya Ravi, the company’s founder, had the vision to create a business that would benefit both animals and people. Allergen-free raw ingredients and 100% cholesterol-free oils are used in the production of the plant-based company’s three primary cheese varieties, which are cheddar cheese, cream cheese, and mozzarella cheese. Prices ranged from about Rs. 250 to Rs. According to customer reviews, both the flavour and quality are high.
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Key Segments
By Source:
Almond Milk
Soy Milk
Coconut Milk
Cashew Milk
Others
By End-Use:
Food Processing
Baked Goods
Sauces, Dips and Dressings
Snacks
Processed and Packed Foods
Ready Meals
Dairy and Desserts
Food Service/HoReCa (Hotels, Restaurant, Cafes)
Household/Retail