The global brewery equipment market size is expected to reach USD 25.88 billion by 2027, expanding at a CAGR of 5.6% from 2020 to 2027, according to a new report by Grand View Research, Inc. Growing consumption of different types of craft beer across the globe is anticipated to drive the demand for brewery equipment.
Increasing
usage of craft breweries, including brewpubs and microbreweries, globally is
projected to drive the market over the forecast period. Furthermore, constant
product innovations are resulting in an increased focus of the prominent market
players towards business expansion by installing new breweries, thereby
augmenting the product demand.
Macro
breweries require a high number of tanks as well as high capacity equipment to
ensure consistency in beer production on a large scale, thereby resulting in
higher equipment demand. Furthermore, rising demand for craft beer due to the
growing preference among individuals for natural, tasty, and local products is
likely to complement the market growth.
Various
brewers are adopting considerable changes in the operations as well as brewing
processes to differentiate their products based on factors, such as taste and
packaging. The increased level of competitiveness in the industry is likely to
result in the increased focus of market players towards the development of
superior products over the forecast period.
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Brewery Equipment
Market Report Highlights
- Europe
accounted for 48.2% share of the global revenue in 2019 on account of
increased beer consumption, coupled with a surge in beer processing,
thereby leading to propelled demand for brewery equipment
- By mode of
operation, the automated brewery equipment is estimated to expand at a
significant CAGR from 2020 to 2027 owing to the increased focus of various
economies, including Brazil and Argentina, on optimization and automation
in the beer-making process
- The U.S.
dominated the North American market by accounting for 71.4% share of the
overall revenue in 2019 owing to the exponential demand for beer,
resulting in brewery expansion by major brewers, thereby driving the
demand for brewery equipment
- In the craft
brewery equipment type, compressors accounted for 21.1% share of the
overall revenue in 2019 on account of the multi-functional attributes of
compressors, leading to its usage at various stages of brewing
- The key
players in the industry are engaged in expanding facilities and product
portfolios to ensure their market dominance.
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Brewery Equipment
Market Segmentation
Grand View Research has
segmented the global brewery equipment market on the basis of type, mode of
operation, end-use, and region
Brewery Equipment
Type Outlook (Revenue, USD Million, 2016 - 2027)
- Macrobrewery Equipment
- Milling
- Brewhouse
- Cooling
- Fermentation
- Filtration & Filling
- Others
- Craft Brewery Equipment
- Mashing
- Fermentation
- Cooling
- Storage
- Compressors
- Others
Brewery Equipment
Mode Of Operation Outlook (Revenue, USD Million, 2016 - 2027)
- Automatic
- Semi-automatic
- Manual
Brewery Equipment
End-use Outlook (Revenue, USD Million, 2016 - 2027)
- Macro Brewery
- Craft Brewery
Brewery Equipment
Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- The U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- The U.K.
- Asia Pacific
- China
- India
- Japan
- Australia
- Central & South America
- Argentina
- Brazil
- Middle East & Africa
- UAE
- South Africa
List of Key
Players of Brewery Equipment Market
- Alfa Laval
- GEA Group
- Krones AG
- Paul Mueller
- Criveller Group
- Della Toffola
- Kaspar Schulz
- Hypro Group
About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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