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
Download Free Sample Report
Customers can also request for 10%
free customization on this report.
“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.
Contact Us-
TechSci
Research LLC
420
Lexington Avenue, Suite 300,
New
York, United States- 10170
M:
+13322586602
Email: [email protected]
Website: www.techsciresearch.com