Brewery Equipment Market Soars to New Heights: A Booming Industry on the Rise

The global brewery equipment market refers to the market for equipment used in the production of beer and other fermented beverages. The market offers tools for making, fermenting, and packaging beer as well as for keeping the brewing environment clean and at a consistent temperature. The growth rate of alcohol consumption has been relatively stable over the previous few years, but the demand for spirits has been progressively increasing. Alcohol has been a key component of social contact and bonding for many millennia. At social events, alcohol is now regularly supplied in the forms of beer, wine, ale, lager, and other variations.

The global Brewery Equipment market size was estimated at USD 20.3 billion in 2023 and is projected to reach USD 31.2 billion in 2030 at a CAGR of 6.2% during the forecast period 2023-2030.

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Major beer producers from across the world are investing in the business as a result of the rising popularity of the beer culture. In order to increase their market position, industry participants are also taking part in a variety of activities, such as brewery expansion, better yeast management, a focus on cellar equipment, energy recovery techniques, and outdoor grow. As the global economy strengthens, there is a lot of room for expansion in the food and beverage sector. Rising consumer demand is intimately correlated with the growth and expansion of several end user verticals, including healthcare, food and beverage, chemicals, and others.

The market for brewing equipment has been severely disrupted by the latest coronavirus epidemic. The epidemic has affected virtually every industry, having an impact on routine work-related activities. As a result, the food and beverage sector was forced to suffer financial losses, which had a detrimental effect on the market for brewing equipment. On the plus side, producers are concentrating on creating superior products while taking into account contemporary market trends in order to satisfy customer needs throughout the post-pandemic period. Following the pandemic, new technology developments will significantly improve the availability of brewery equipment in developing and emerging economies.

Brewery Equipment Market Competitive Landscape:

BASF SE
Lesaffre
Associated British Foods P.L.C.
Chr. Hansen Holding A/S
DuPont
DSM
Dyadic International Inc.
Advanced Enzyme Technologies Ltd
Adisseo
Amano Enzyme Inc.
Codexis Incorporated
A.B. Enzymes
Novozymes A/S
BioResource International Inc.
Cargill, Incorporated
Alfa laval
GEA Group Aktiengesellschaft
Krones AG
Paul mueller company
Criveller group
Della toffola usa
Schulz
Hypro
Praj Industries

Brewery Equipment Market Recent Developments:

Alfa Laval delivered the brewing systems to Golden Brewery in April 2022. Golden Brewery is the biggest brewery in the US and the second-largest brewery in the entire globe. As a result of this possibility, it is projected that the company's brewing business section would expand.

The Springfield Brewing Company announced a US$1.0 million expansion project on January 11, 2020, which includes the construction of eight Paul Mueller stainless steel fermentation tanks.

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Brewery Equipment Market Key Findings:

Brewery equipment is divided into macro brewery equipment and craft brewery equipment based on the type of equipment used. The segmentation of large-scale brewery equipment includes milling equipment, brew house, cooling equipment, fermentation equipment, filtration and filling equipment, and others (cleaning systems, spent grain silos, generators, bright beer tanks, compressors, and pipes). Compressors, mashing equipment, fermentation equipment, cooling equipment, storage equipment, and miscellaneous equipment are other sub-segments of craft brewery equipment (pumps, filters, and separators).

By Type, the brewery equipment market is divided into two categories based on the kind of brewery: macro brewery and craft brewery. The equipment for craft breweries is further divided into microbrewery, brew pub, and other types (farm brewery and regional brewery). Craft beer's distinctive flavor and all-natural ingredients are contributing to its rising global popularity. Many health advantages are offered, such as a decreased risk of diabetes, arthritis, and cardiovascular disease. The market for craft brewery equipment is benefited by the rise in craft beer consumption.

By mode of operations, it is anticipated that the fermentation equipment sector will continue to have a prominent position in the macro brewery equipment market. The availability of high-quality fermentation equipment is likely to drive market growth throughout the forecast period, as will the constant need to replace this equipment. For the duration of the projection period, Demand for brewing equipment is anticipated to be driven by consumers' increased preference for artisanal and handmade beer over other distilled spirits or regularly manufactured beer. The market for semi-automatic equipment is anticipated to be driven by the rising demand for high-quality and affordable brewing equipment over the period of forecasting.

The largest portion of worldwide revenue came from Europe, which currently dominates the market and is anticipated to expand considerably throughout the projection period. Increasing regional merger and acquisition activity between major multinational breweries and craft breweries is anticipated to be a major driver of industry expansion. North America contributed significantly to revenue and is anticipated to expand at a significant CAGR throughout the projection period.

Regional Analysis

North America to Dominate the Market

Due to the increasing need for fermentation tanks in the beer manufacturing process, the brewing tanks sector is anticipated to dominate the market in Europe in terms of equipment type. The desire for higher-quality beer and the necessity to purify it are both likely to increase demand for filtration equipment, which is predicted to expand at a substantial rate.

Diverse brewery equipment in the area is anticipated to increase due to manufacturers' increasing focus on providing premium taste beverages and distinctive flavors in economies like the United States and Canada.

Brewery Equipment Market Reasons to Acquire:

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Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

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