Brewery Equipment Market to Witness Steady Growth due to Increasing Demand for Craft Beer

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The brewery equipment market comprises equipment such as brew kettles, fermentation tanks, bright beer tanks, filtration/centrifugation systems, balances, and conveying systems used for brewing beer. Beer brewing involves various processes such as milling, malting, brewing, fermentation, maturation, filtration, and filling. Brewery equipment helps in performing all these critical processes efficiently and producing beer on a large scale. The demand for craft beer from consumers has been increasing significantly, promoting small breweries to automated systems for consistent quality and higher production. This rising craft beer culture is expected to drive the brewery equipment market substantially.

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
Key players operating in the brewery equipment market are Alfa Laval, GEA Group, Krones Group, Paul Mueller, and Praj Industries.

The growing preference of consumers towards flavored and specialty craft beers is driving the need for microbreweries and brewpubs globally. This rising demand is positively impacting the Brewery Equipment Market.

Advancements in brewery equipment technologies such as integrated brew house systems, CIP skids, smart fermentation solutions, and automated packaging lines are helping craft brewers to reduce wastage and improve productivity.

Market Trends
One of the major trends gaining traction in the brewery equipment market is automation and digitization of systems. Many players are launching smart brew house systems with integrated controls and digital platforms.

Sustainability has also become an important trend where players are focusing on developing energy-efficient and water-efficient brewery equipment to reduce operational costs for brewers.

Market Opportunities
Craft and specialty brewers emerging strongly in developing regions present lucrative opportunities for brewery equipment suppliers.

Breweries are also considering pre-used or refurbished brewery equipment as a cost-effective alternative, which creates growth prospects for relevant market players.

Impact of COVID-19 on Brewery Equipment Market Growth
The COVID-19 pandemic has significantly impacted the brewery equipment market. During the initial lockdown phases in 2020, many breweries had to suspend their operations which led to a steep decline in new equipment orders. Supply chains were disrupted globally impacting procurement of critical components. Rising input costs due to import restrictions put pressure on profit margins of equipment manufacturers.

However, as lockdowns eased in late 2020, some recovery was witnessed. Many small breweries came up with innovative business models like direct to consumer delivery to sustain operations. Some large breweries also diversified into hand sanitizer production leveraging existing equipment. Government incentives in Europe and America helped revive capital expenditure plans of mid-sized breweries postponed during the peak pandemic phase.

Geographical Regions with High Brewery Equipment Market Concentration

North America accounts for the largest share of the global brewery equipment market in terms of value. This is mainly attributed to large-scale brewing facilities in the US where consolidation has led to highly automated production processes. Significant R&D investments have enabled constant innovation in the region.

Europe is another major market owing to presence of numerous craft as well as large breweries. Countries like Germany, UK, Belgium have a long tradition of beer making and some of the world's biggest brewing conglomerates. Robust infrastructure, skilled workforce and supportive policies have made the region an important manufacturing hub as well.

Fastest Growing Region in the Brewery Equipment Market
The Asia Pacific region is expected to witness the highest growth in demand for brewery equipment over the coming years. Rapid urbanization, rising disposable incomes, changing demographics and development of distribution networks are fuelling the craft beer revolution in many countries.

Countries like China, India and Vietnam present massive untapped opportunities due to their large population base and growing acceptability of premium lagers and ales. Major global players have been setting up greenfield plants to cater to the burgeoning demand. Government initiatives in several APAC nations also promoteestablishment of micro and macro breweries. This will substantially drive the need for state-of-the-art systems and solutions in the Asia Pacific brewery equipment market.

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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.

(https://www.linkedin.com/in/ravina-pandya-1a3984191)

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