Press release
Beer Processing Market Size Projected To Reach 22.84 Billion By 2034 With A Cagr Of 18.4%
Beer Processing
What Is the Projected Growth of the Beer Processing Market?
Recent years have seen robust growth in the beer processing market size. It is projected to expand from $755.22 billion in 2024 to $797.85 billion in 2025, at a compound annual growth rate (CAGR) of 5.6%. Factors behind this growth during the historical period include increased beer intake, the emergence of more craft breweries, a rise in disposable income and urbanization, a surge in demand for premium and flavored beers, and advancements in fermentation and filtration technologies.
The size of the beer processing market is primed for considerable expansion in the coming years, with projections indicating it will reach $984.05 billion in 2029, a compound annual growth rate (CAGR) of 5.4%. Various factors contribute to this growth forecast, including the increasing demand for specialty and craft beers, consumers' increasing preference for premium and flavored beers, more investment heading towards brewery automation and smart brewing technology, the global expansion of microbreweries and brewpubs, as well as increased disposable income and urbanisation fuelling beer consumption. Future trends expected to make waves in this period include the incorporation of automation and AI in brewing, the integration of IoT and smart brewing technology, a tilt towards organic and gluten-free beer, advancements in fermentation technology, and an uptick in 3D printing adoption.
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What Are the Different Beer Processing Market Segments?
The beer processing market covered in this report is segmented -
1) By Beer Type: Lager, Ale, Stout, Porter, India Pale Ale (IPA)
2) By Raw Material Type: Malt, Hops, Yeast, Water
3) By Equipment: Macrobrewery Equipment, Craft Brewery Equipment
4) By Packaging Format: Kegs, Cans, Bottles, Draught
5) By Distribution channel: On Trade, Off-Trade
Subsegments:
1) By Lager: Pale Lager, Amber Lager, Dark Lager, Pilsner, Bock
2) By Ale: Pale Ale, Brown Ale, Belgian Ale, Scotch Ale, Wheat Ale
3) By Stout: Dry Stout, Sweet Stout, Oatmeal Stout, Foreign Extra Stout, Imperial Stout
4) By Porter: Brown Porter, Robust Porter, Baltic Porter, American Porter
5) By India Pale Ale (IPA): English IPA, American IPA, Double IPA (Imperial IPA), Session IPA, New England IPA (Hazy IPA)
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What Are the Primary Drivers Shaping the Beer Processing Market?
The beer processing market is predicted to be positively influenced by the escalating popularity of craft beer. Craft beer is defined as an independently-brewed, distinctive-tasting beer produced in small batches using conventional methods and prime-quality constituents, often introducing unique flavor profiles. A great demand for quality and unique flavors is fueling the popularity of craft beers, with breweries serving an innovative range of taste profiles to woo beer aficionados. The beer processing used in craft beer guarantees superior production by precisely managing ingredients, fermentation, and flavor evolution. For instance, the Brewers Association, a non-profit professional organization based in the US, reported in April 2024 that the active craft breweries in the U.S. hit a new high, at 9,761 in 2023. This raised the total count of breweries across the nation to 9,906, a rise from 9,824 in the previous year, 2022. Hence, the escalating popularity of craft beer is fueling the expansion of the beer processing market.
Which Companies Are Leading in the Beer Processing Market?
Major companies operating in the beer processing market are Ambev S.A., Anheuser-Busch InBev SA/NV, Heineken N.V., Diageo PLC, Asahi Group Holdings Ltd., Carlsberg Group A/S, Molson Coors Beverage Company, Constellation Brands Inc., GEA Group AG, Alfa Laval AB, Krones AG, Radeberger Gruppe KG, Mahou San Miguel Group, The Boston Beer Company Inc., United Breweries Limited (UB Group), BrewDog PLC, Sierra Nevada Brewing Co., Stone Brewing Co. LLC, Pabst Brewing Company LLC, Brooklyn Brewery Corporation, Sapporo Breweries Limited, Ningbo Lehui International Engineering Equipment Co. Ltd., Paulaner Brauerei Gruppe GmbH & Co. KGaA.
What Are the Major Trends Shaping the Beer Processing Market?
Leading firms in the beer processing market are prioritizing technological improvements, such as comprehensive process automation solutions, to increase operational productivity. These cutting-edge automation solutions merge digital tech, control mechanisms, and data analytics to simplify, enhance, and automate industrial processes, resulting in improved effectiveness and uniformity. In January 2024, ABB (Asea Brown Boveri) Ltd, a global tech firm based in Switzerland, launched ABB Ability BeerMaker for the beer production's cold block stage. This development elevates automation, efficacy, and digitization in breweries. It refines various brewing processes including fermentation, maturation, yeast control, filtration, and cleaning, thus offering precise management over different beer recipes and taste. Through modular automation, superior process control (APC), and simulation tech, it heightens productivity while reducing energy and water usage. Using ABB Ability System 800xA DCS as its foundation, it gives brewers flexible master recipes and process templates for smoother operations.
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What Are the Top Revenue-Generating Geographies in the Beer Processing Market?
Asia-Pacific was the largest region in the beer processing market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the beer processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Beer Processing Market?
2. What is the CAGR expected in the Beer Processing Market?
3. What Are the Key Innovations Transforming the Beer Processing Industry?
4. Which Region Is Leading the Beer Processing Market?
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