Brewery Equipment Market Size, Share, & Trends Analysis Report, By Type (Macrobrewery Equipment, Craft Brewery Equipment), By Mode of Operation (Automatic, Semi-automatic, Manual) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America), 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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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. Due to an increase in alcohol use, manufacturers and brewers have boosted production to keep up with demand, especially
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 prominent players in the Brewery Equipment market are:
· 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 and More
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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.
Key Findings of Brewery Equipment market are:
· 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).
· 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.
· 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.
· 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.
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