The brewery equipment market is witnessing steady growth owing to the rising popularity of craft beer worldwide. Brewery equipment includes brewhouses, fermentation systems, cooling systems, filter systems, filling and packaging equipment, and storage devices. These equipment play a vital role in brewing diverse styles of beer from lagers and pale ales to Stouts and IPAs. The demand for brewery equipment is increasing as small and medium-scale breweries are gaining traction globally amid growing local and artisanal beer culture.
The Global Brewery Equipment Market is estimated to be valued at USD 22.1 Bn in 2024 and is expected to reach USD 33.3 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.
Key Takeaways
Alfa Laval, GEA Group, Krones Group, Paul Mueller, Praj Industries, Meura SA, Della Toffola, Criveller Group, Kaspar Schulz, Ningbo Lehui International Engineering Equipment Co., Ltd.
Key players operating in the brewery equipment market are focusing on expanding their global footprint through strategic partnerships and acquisitions to leverage the growing opportunities in emerging Brewery Equipment Market. Investments in digital and automated brewery equipment are also likely to gain traction as craft brewers aim for consistency and scale up operations.
Key Opportunities
The growth of the global craft beer industry presents significant opportunities for brewery equipment manufacturers. Growing popularity of local and artisanal beers is driving the need for specialized and flexible brewing systems. Additionally, innovation in smart connected technologies offer opportunities to optimize operations management and enhance productivity.
Global Expansion
Key players are expanding globally, especially in high growth regions such as Asia Pacific and Latin America. China is witnessing rapid growth of craft breweries and represents major opportunities. Meanwhile, Latin American countries such as Brazil, Mexico, and Argentina are emerging hotspots. Investments in R&D and customized solutions will be crucial for players targeting the diverse needs of regional craft brewers.
Market Drivers
Rising craft beer culture worldwide driven by consumer preference for unique flavors and local provenance is a key growth driver. The use of automated and digital systems allows craft brewers to scale up operations while maintaining quality and consistency. Expanding alcohol consumption in emerging economies presents new avenues.
Market Restraints
High capital investments required for setting up new production facilities pose challenges for small and medium breweries. Rising supply chain complexities brought by the pandemic also constrain operations and profitability of players. Strict regulations pertaining to production standards in certain countries act as a restraint.
Segment Analysis
Brewing equipment market can be segmented based on brewery type and equipment type. Based on brewery type, the market is segmented into macro brewery and craft brewery. Craft brewery is expected to dominate the market as the number of micro and craft breweries are growing at a rapid pace globally. Various types of brewing equipment available are macro brewery equipment and craft brewery equipment. Macro brewery equipment caters to large production volumes in big breweries whereas craft brewery equipment supports small-scale production.
Global Analysis
In terms of regions, the North America brewery equipment market accounts for the largest share, followed by Europe. USA and Canada are witnessing rising number of microbreweries and brewpubs, driving the demand for brewing equipment in North America. Asia Pacific brewery equipment market is projected to grow at the highest CAGR during the forecast period. Increasing beer consumption and rising number of small and mid-sized breweries in China, India are boosting the demand for brewing equipment in Asia Pacific.
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About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.
Shanghai HengCheng Beverage Equipment Co., Ltd is professional China Keg Washer Manufacturers and Automated Keg Washers factory,we are locates in Shanghai, China, is specializing China Large Craft Brewery Equipment Factoryin manufacturing and design of beer brewing equipment.HengCheng has been experienced in manufacturing of stainless steel equipment for more than 10 years and products have included craft beer, pharmaceutical, Automated Keg Washer, food and beverage and other industries.
HengCheng has cooperated with world-renowned brands, such as GEA and Bacardi.Our products have been sold all over the word and have been recognized widely by domestic China Electric Heating Manufacturersand international markets.
HengCheng took the strong professional ability of manufacture as the core competitiveness at the beginning of its establishment.
It has become the first-tier manufacturers in China based on its manufacturing ability after constant efforts.
