15-Sep-2024 | Zion Market Research
As per experts at Zion Market Research, the global brewery equipment market was capitalized at USD 18.15 Billion in 2023 and is expected to cross the mark of USD 31.19 Billion by 2032 at a CAGR of 6.2%. The increasing number of brew pubs as well as microbreweries has driven significantly the global brewery equipment market. The other factor accountable for boosting the global brewery equipment market is rising user preferences for craft and artisanal beer in comparison to conventional beer and alcoholic beverages. In addition to this, innovations of product in the brewery equipment market have resulted in the increasing requirement for sustainable and updated brewery equipment by beer makers.
Major contenders in the global brewery equipment market comprise GEA Group, Alfa Laval, Paul Mueller, Krones Group, Meura SA, Praj Industries, Criveller Group, Della Toffola, Hypro Group, Kaspar Schulz, and Shanghai Hengcheng Beverage Equipment Co., Ltd.
Fermentation Equipment Segment Expected To Add Up For The Biggest Share In The Global Brewery Equipment Market
The fermentation equipment segment of the global brewery equipment market is expected to have the biggest share by 2025. During the process of fermentation, the wort is stored for few weeks in the tanks and acid is taken out as a byproduct, owing to which, there are rising odds of deterioration of the tank. Moreover, since the tanks are engaged for a longer period during the procedure, the need for extra tanks by breweries to elevate manufacturing stays high. Owing to these factors, the fermentation equipment section is expected to add up for a bigger share of the brewery equipment market.
Europe Expected To Add Up For The Biggest Share Of The Global Market In The Years To Come
Europe grabbed almost 50% of the share in the brewery equipment market. The area is undergoing a rising trend of no or low alcohol beer owing to its health advantages. The region saw the attendance of different major beer makers. In addition to this, the UK, Germany, Russia, and Spain in 2017 were amongst the leading 10 beer consuming nations in the globe. The increasing requirement for craft and premium beer in the area, specifically in Germany and the UK, is also boosting the European brewery equipment market.
Browse the full “Brewery Equipment Market - by Brewery Type (Microbrewery, Macrobrewery, Regional, and Brew Pubs), by Type (Brewhouse, Milling, Fermentation, Cooling, Filling, and Filtration), by Mode of Operation (Automatic, Manual, and Semi-automatic), and by Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/brewery-equipment-market
The global brewery equipment market is segmented as follows:
By equipment type
By brewery type
By mode of operation
By Region
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