The UK draught beer chillers is set to rise significantly at a 5.9% CAGR from 2023 to 2033. Globally, the market, valued at US$1,782.2 million in 2023, will grow at a 3.5% CAGR, reaching US$2,514.0 million by 2033. This growth is driven by the need for efficient beer cooling solutions amid the increasing consumption of draught beer worldwide.
Demand for UK draught beer chillers is projected to grow at a robust CAGR of 5.9% CAGR between 2023 and 2033. The UK is one of the leading countries when it comes to sales of draught beer chillers.
According to Future Market Insights, the global draught beer chiller market size is expected to be valued at US$ 1,782.2 Mn in 2023 and further grow at 3.5% CAGR throughout the forecast period (2023-2033). Overall, draught beer chiller sales are projected to total a valuation of US$ 2,514.0 Mn by 2033.
The demand for effective beer cooling solutions and the global increase in draught beer consumption are two major factors propelling the global draught beer chiller market ahead.
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In many end-use sectors, draught beer chillers are a highly effective way to cool draught beer. It’s a kind of refrigerator where the beer is cooled using a cooling system. They aid consumers in maintaining beer’s freshness and coldness.
A growing number of bars, pubs, and restaurants around the world is emerging as a crucial factor driving demand for draught beer chillers and the trend is expected to continue during the forecast period.
Similarly, innovation in beer cooling solutions and reduction in product prices will create lucrative opportunities for leading draught beer chiller manufacturers over the next ten years.
The most popular type of beer chilling system is the glycol chiller. Glycol chillers use a glycol and water mixture to cool the beer lines and taps. Despite being more expensive, glycol-cooled chiller are preferred by end user due to their more efficient nature.
Key Takeaways:
- Based on type, glycol-cooled chiller segment holds a substantial share of the global draught beer chiller market.
- By end user, bars and restaurants together hold the largest share of the worldwide draught beer chiller industry.
- In terms of structure, demand remains high for counter-top draught beer chillers in the market.
- Germany currently holds around 22.0% share in the global draught beer chiller market.
- With a market valuation of US$ 650.5 Mn, the U.S. holds nearly 36.5% share in the global draught beer chiller market.
- The UK draught beer chiller market is expected to grow at a CAGR of 5.9% during the forecast period.
“There are many factors that have contributed to the rise in popularity of draught beer chillers, but one of the biggest drivers has been the growing demand and consumption of draught or draft beer worldwide,” says a lead FMI analyst.
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Who is Winning?
Top 5 manufacturers of Draught Beer Chillers are Zhongde Equipment Co., Ltd., Maxwell Food Equipment, BEVERAGE-AIR, Lanco Industry Co. Ltd, and MF Refrigeration.
The competition in the Draught Beer Chiller market is intense because the products are very similar. The main difference between the products is their price. Hence, key players are focused on reducing product prices as well as launching new innovative beer chilling solutions in the market.
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Future Market Insights, in its new offering, provides an unbiased analysis of Draught Beer Chiller presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033.
The study provides valuable insight on the Draught Beer Chiller market based on type (air-cooled, water-cooled, and glycol-cooled), end user (breweries, bars, restaurants, and hotels), and structure (Counter-top, and Under Counter) across several regions.
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Draught Beer Chiller Industry Outlook by Category
By Type:
- Air-cooled
- Water-cooled
- Glycol-cooled
By End User:
- Breweries
- Bars
- Restaurants
- Hotels
By Structure:
- Counter-top
- Under Counter
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Oceania
- MEA
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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