The global microbrewery equipment market is anticipated to grow from US$ 986.2 Mn in 2023 to US$ 1,364.5 Mn by 2033, with overall sales accelerating at 3.3% throughout the forecast period.
Growing craft beer culture supported by increasing consumption of beer across the world is a key factor driving the growth of the global microbrewery equipment market. Microbrewery equipment refer to equipment or tools used for making beer across end-user sectors such as microbreweries, taproom breweries, and brewpubs. These are used to brew beer on a small scale and have revolutionized the way beer was made traditionally. They allow home brewers and small breweries to produce high quality beer quickly.
The most common type of microbrewery equipment is a three-vessel brewing system, which includes a mash tun, lauter tun, and kettle. Other types of microbrewery equipment include wort chillers, fermentation tanks, and kegs.
Rising number of craft breweries across the world and increasing popularity of beer products due to their various potential benefits are expected to boost the global microbrewery equipment market during the forecast period.
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Regionally, North America and Europe collectively hold the largest share of the global microbrewery equipment market owing to the rising consumption of craft beer, increasing number of microbreweries, and strong presence of leading players.
Key Takeaways from the Microbrewery Equipment Market Study:
- Based on product type, the fermentation equipment segment is expected to grow at a higher pace during the forecast period.
- By mode of operation, the automatic segment is anticipated to generate lucrative revenues over the next ten years.
- The U.S. will continue to lead the global microbrewery equipment market during the forecast period.
- Demand for microbrewery equipment across India is expected to grow at 5.8% CAGR through 2033.
- The microbrewery equipment market in China is likely to accelerate at 5.7% CAGR over the next ten years.
“Rising craft beer culture across the globe is expected to drive the global microbrewery equipment market swiftly during the projection period. To capitalize on emerging opportunities and stray ahead of the curve, market players need to think something out of the box such as launching automatic solutions”, says a lead FMI analyst.
Who is Winning?
Top players operating in the global microbrewery equipment market include Alfa Laval, Kaspar SCHULZ, Krones AG, Praj industries, LEHUI, INTERPUMP GROUP S.P.A, Criveller group, and Della Toffola Spa.
These players are focusing on introducing new products in the market to meet changing end user demands. Further, they are adopting strategies such as partnerships, acquisitions, and collaborations to expand their global footprint.
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Get Valuable Insights into Microbrewery Equipment Market
FMI, in its new offering, provides an unbiased analysis of the Microbrewery equipment market presenting historical demand data (2018-2022) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Microbrewery equipment based on Product Type (Fermentation equipment, Brew house equipment, Carbonation, Control & Monitoring, Filling & Packaging, mashing equipment, Milling equipment, Filtration system, Fittings & Valves system), Mode of Operation (Automatic, Manual, Semi-automatic), and Material Type (Brass, Copper, Aluminum, Stainless steel, Mild steel) across various regions.
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