Brewery Equipment Market to Grow with a CAGR of 5.9% Globally through to 2028

The increasing popularity of craft beer, rising demand for premium beers, expansion of the brewing industry in emerging markets are factors driving the global brewery equipment market in the forecast period 2024-2028.

 

According to TechSci Research report, “Global Brewery Equipment Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Brewery Equipment Market stood at USD 16.4 billion in 2022 and is anticipated to grow with a CAGR of 5.9% in the forecast period, 2024-2028. The Brewery Equipment Market is a dynamic and evolving sector that plays a pivotal role in the global beer industry. As consumer preferences shift towards diverse and unique beer experiences, breweries around the world are investing in state-of-the-art equipment to meet the demand for craft, specialty, and innovative brews.

The Brewery Equipment Market has witnessed significant growth in recent years, driven by the expansion of the craft beer movement, globalization of the beer industry, and technological advancements in brewing processes. The market encompasses a wide range of equipment, including brewhouse, fermentation vessels, packaging machinery, and ancillary systems. According to industry reports, the global Brewery Equipment Market is valued at billions of dollars, with projections for continued growth in the coming years.

 

Browse over 26 market data Figures spread through 187 Pages and an in-depth TOC on "Global Brewery Equipment Market”

 

The market is characterized by a diverse range of players, from large multinational manufacturers catering to industrial breweries to smaller, specialized providers serving the needs of craft and microbreweries. The market's segmentation reflects the varied scales of production within the brewing industry, with equipment tailored to the unique requirements of different brewery sizes and types. The increasing consumer preference for craft and specialty beers is a major driver of the Brewery Equipment Market. Craft breweries, known for their focus on unique flavors and brewing techniques, require specialized equipment that allows for experimentation and small-batch production. The demand for craft beer is not only a reflection of changing taste preferences but also a cultural shift towards supporting local and independent breweries.

The globalization of the beer industry is driving the expansion of the Brewery Equipment Market. Breweries are increasingly seeking opportunities to enter new markets and cater to diverse consumer preferences worldwide. This trend is evident in the growth of international craft beer festivals, collaborations between breweries from different regions, and the export of craft and specialty beers. Globalization necessitates scalable and adaptable brewery equipment that can meet the production demands and regulatory requirements of different countries. Sustainability has become a significant driver in the Brewery Equipment Market, aligning with broader environmental consciousness. Breweries are adopting sustainable practices, such as energy-efficient brewing systems, water conservation technologies, and waste reduction measures. This trend is not only driven by environmental responsibility but also by the recognition that sustainable practices can lead to cost savings and operational efficiency.

The Brewery Equipment Market is a vibrant and dynamic sector fuelled by the global demand for diverse and high-quality beer experiences. As consumer preferences evolve, breweries and equipment manufacturers must navigate challenges, embrace technological advancements, and align with sustainability trends. The market's future is characterized by ongoing innovation, a focus on environmental responsibility, and the continued growth of the craft beer movement. Understanding these market dynamics is crucial for stakeholders seeking to thrive in the ever-evolving landscape of the Brewery Equipment Market.

The Global Brewery Equipment Market is segmented into type, mode of operation, regional distribution, and company.

Based on type, In 2022, microbrewery equipment accounted largest market of total revenue and dominated the market. Because beer comes in a variety of brands and price ranges, there is a growing desire for a standard style of beer, which is expected to drive this segment's continued dominance in the foreseeable future.

Based on region, In 2022, Europe held the largest market share of global revenue, dominating the market. Europe is home to several major beer producers, including Carlsberg A/S, SABMiller, and Heineken N.V. As a result of their large-scale beer production, the region uses a lot of brewery equipment, and beer consumption is rising, which is anticipated to fuel market growth.

 

Major companies operating in Global Brewery Equipment Market are:

• Alfa Laval
• GEA Group Aktiengesellschaft
• Krones AG
• Paul Mueller Company
• Criveller Group
• Della Toffola USA
• Praj Industries
• ABE Equipment
• Ampco Pumps Company
• Brewbilt Manufacturing Inc

 

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“The Brewery Equipment Market has experienced robust and sustained growth, driven by the global surge in demand for craft and specialty beers. As consumers increasingly seek unique and diverse brewing experiences, breweries are investing in advanced equipment to meet evolving preferences. The market's expansion is further propelled by technological innovations, including automation and smart brewing technologies. The globalization of the beer industry, coupled with a growing awareness of sustainability, has also contributed to the heightened demand for brewery equipment. This growth trajectory is expected to persist, with the Brewery Equipment Market evolving to meet the dynamic needs of the brewing industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Brewery Equipment Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Macro brewery Equipment, Craft Brewery Equipment), By Mode of Operation (Manual, Automatic, Semi-Automatic), By Region, By Competition, 2018-2028”, has evaluated the future growth potential of Global Brewery Equipment Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Brewery Equipment Market.

 

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