Brewery Equipment Market by Type, Brewery Type, Mode of Operation, Region - 2025
The report "Brewery Equipment Market by Type (Milling, Brewhouse, Cooling, Fermentation, Filtration, Filling), Brewery Type (Macrobrewery, Microbrewery, Brew Pubs, Regional), Mode of Operation (Manual, Automatic, Semi-automatic), and Region – Global Forecast to 2025" The brewery equipment market is estimated to be valued at USD 16.8 billion in 2019 and is projected to reach USD 24.0 billion by 2025, recording a CAGR of 6.1% from 2019 to 2025. Increasing number of microbreweries and brew pubs, rise in demand for craft beer across regions, and product innovations in the brewery equipment market are factors driving the growth in the brewery equipment market. Browse •93 market data tables •56 figures •180 pages and in-depth TOC on “Brewery Equipment Market” You can speak to our research expert to know more about this report@ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=129804657
By macrobrewery equipment type, the fermentation equipment segment is projected to account for the largest share in the macrobrewery equipment market â€˘In the macrobrewery equipment market, the fermentation equipment segment is projected to be the largest market in 2025. During the fermentation process, the wort is kept in the tanks for few weeks and acid is released as a byproduct, due to which, there are increasing chances of tank deterioration. In addition, since the tanks are occupied for a longer duration during the process, the requirement for more tanks by macrobreweries to increase production remains high. Due to these factors, the fermentation equipment segment is projected to account for a larger market share in the macrobrewery equipment market. By brewery type, the macrobrewery segment accounted for the largest market size in the brewery equipment market during the forecast period â€˘As the beer market around the globe is dominated by the macrobreweries segment, the growth of the brewery equipment market for macrobreweries remains high. Macrobreweries require high capacity equipment to carry on large-scale beer production. This leads to increasing demand for high capacity equipment. While the demand for craft beer is growing at an exponential rate, the market is dominated by the macrobreweries segment. Macrobreweries require large equipment or larger turnkey projects with higher capacity at a higher value. Hence, the market size remains high.
Europe is projected to account for the largest market share during the forecast period Europe constituted 47% of the market share in the brewery equipment market. The region is witnessing a growing trend of low or no alcohol beer due to its health benefits. The region witnesses the presence of various large beer manufacturers including Anheuser-Busch InBev (Belgium), SABMiller (Belgium), Heineken N.V. (Netherlands), and Carlsberg A/S (Denmark). Also, according to Kirin Holdings Company, Limited, in 2017, Germany, the UK, Spain, and Russia were also among the top 10 beer consuming countries in the world. The rising demand for premium and craft beer in the region, particularly in the UK and Germany, is also driving the brewery equipment market in Europe. Key Market Players Key players in the brewery equipment market include Alfa Laval (Sweden), GEA Group (Germany), Krones Group (Germany), Paul Mueller (US), Praj Industries (India), Meura SA (Belgium), Della Toffola (Italy), Criveller Group (US), Kaspar Schulz (Germany), Ningbo Lehui International Engineering Equipment Co., Ltd. (China), Hypro Group (India), and Shanghai Hengcheng Beverage Equipment Co., Ltd. (China). Market players adopted various business strategies such as new product launches, expansions, acquisitions, agreements, collaborations, and partnerships in the last few years, to meet the growing demand for brewery equipment.
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