According to projections, the global microbrewery equipment market will grow from US$ 986.2 million in 2023 to US$ 1,364.5 million in 2033, with a 3.3% CAGR in overall sales over the forecast period.
Craft beer culture’s growth and an increase in overall beer consumption are driving the growth of the global microbrewery equipment market. Microbrewery equipment is any equipment or tools used to brew beer in end-user industries like microbreweries, taproom breweries, and brewpubs. These are used to brew beer on a small scale and have revolutionised the way it was previously made. Small breweries and home brewers can quickly produce high-quality beer thanks to them.
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.
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.
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 to 2022) and forecast statistics for the period from (2023 to 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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Microbrewery Equipment Market by Category
By Product Type:
- Fermentation Equipment
- Brew House Equipment
- Carbonation
- Control Monitoring
- Filling Packaging
- Mashing Equipment
- Milling Equipment
- Filtration System
- Fittings Valves System
By Material Type:
- Brass
- Copper
- Aluminum
- Stainless Steel
- Mild S
By Mode of Operation:
- Automatic
- Manual
- Semi-automatic
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa (MEA)
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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