The Kegerator Equipment market size has been valued at USD 1,111.2 Million in 2023 and is expected to grow to US$ 1,846.5 Million by 2033, at a CAGR of 5.2% during the forecast period.
An increase in the consumption of craft beer, apart from surging adoption of functional beverages is expected to increase the demand for kegerator equipment during the forecast period.
Apart from that, the investors are particularly impressed by the ability of the kegerator equipment to store large quantities of beer. Apart from that, the ability to hold the freshness of the beverages for many days has flooded the market with a lot of buyers.
Moreover, the ability to dispense beer without foam has attracted the attention of lots of investors from the alcoholic beverages market. Furthermore, a surging wine market in particular is expected to increase the sales of kegerator equipment during the forecast period.
Additionally, the ability to have multiple taps allows for a greater variety of beers on tap, which can be a big selling point for customers or guests.
Finally, the Kegerator Equipment is easy to clean and maintain, which is an important consideration when choosing any type of keg system.
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Thus, from the insights provided by FMI researchers, it can be inferred that “an increase in the consumption of craft beer, coupled with the ability to store the beverages for days together, and maintain the freshness of the beverages is expected to surge the kegerator equipment market growth during the forecast period.”
Key Takeaways:
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Competitive landscape:
The Kegerator Equipment Market is highly competitive with a large number of players. The key players operating in the market are mainly focusing on the process of mergers and acquisitions to expand their foot prints. Apart from that, the focus is also on accessing latest technologies to improve the manufacturing efficiency.
Some of the recent developments are:
Key Companies Profiled
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