According to FMI, the global brewing boiler market will grow from US$ 1,892.2 Million in 2023 to US$ 2,747.5 Million by 2033, with overall sales increasing at a 3.8% CAGR during the forecast period.
Rising demand for alcoholic beverages such as wine and beer, advancements in boiler technology, and an increase in the number of breweries are among the key factors driving the global brewing boiler market.
Brewing Boilers are an essential piece of equipment for any brewery as they provide the heat necessary to produce beer. Brewing beer on a large scale would be impossible without a brewing boiler.
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Adoption of brewing boilers helps breweries to produce high quality products on a large scale, reduce labor requirements, and improve overall productivity. Thus, growing demand for beer, cider, and other alcoholic beverages, as well as the increasing number of breweries and microbreweries globally will continue to boost sales of brewing boilers during the forecast period.
Similarly, development of innovative brewing boilers with enhanced features like high energy efficiency, environmentally friendly, and remote monitoring will further aid in the expansion of the global market over the next ten years.
Key Takeaways:
- By material type, stainless steel segment holds the largest share of the global brewing boiler market.
- Based on application, beer breweries segment is expected to grow at the highest pace during the forecast period.
- Germany currently accounts for 21.6% share of the global brewing boiler market.
- The U.S. brewing boiler market is expected to reach a valuation of 694.4 Mn in 2023.
- During the forecast period, the U.K. brewing boiler market is expected to grow at a CAGR of 6.4%.
“Brewing boilers find application in a variety of industries, but they are most commonly used in the beer brewing industry. Sales of brewing boilers are expected to grow the most in the beer brewing industry. This is due to the growing popularity of craft beers and the need for more efficient production methods,” says a lead FMI analyst.
Who is Winning?
The Brewing Boiler market is highly competitive with a large number of players. Key players in the market are continuously launching new products to meet end user demands.
Top 6 manufacturers of Brewing Boilers are Miura Boiler, Applied Technologies of New York Inc., CFB Boilers Ltd, ZG Group, Columbia Boiler Co, and Northwest Industrial Equipment Inc.
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Future Market Insights, in its new offering, provides an unbiased analysis of Brewing Boiler presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033.
The study provides valuable insight on the Brewing Boiler market based on Material Type (Stainless Steel, Cast-iron, and Copper), Application (Wine Breweries, Beer Breweries, and Cider), Automation (Automatic, and Semi-automatic) across several regions.
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Brewing Boiler Industry by Category
By Material Type:
- Stainless Steel
- Cast-iron
- Copper
By Application:
- Wine Breweries
- Beer Breweries
- Cider
By Automation:
- Automatic
- Electric
- Steam
- Others
- Semi-automatic
- Gas
- Oil
- Others
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Oceania
- MEA
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