Brewery Equipment Market by Equipment Type, Brewery Type, Mode of Application and Region - Global Forecast to 2027 - ResearchAndMarkets.com

The "Brewery Equipment Market by Equipment Type, Brewery Type (Macrobrewery, Craft brewery), Mode of Application (Manual, Automatic and Semi-automatic), and Region (North America, Asia Pacific, Europe and RoW) - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The global brewery equipment market size is estimated to be valued at USD 19.2 billion in 2022 and is projected to reach USD 25.6 billion by 2027, recording a CAGR of 5.9% in terms of value.

By mode of operation, there is an increased use of automatic brewery equipment, driving the growth of brewery equipment market

The beer industry has shown increased adoption of automated beer processing equipment to reduce the time and cost of production for greater efficiency & productivity. The complex beer production process needs continuous monitoring, controlling, and evaluation which can be easily achieved through an automated brewery setup. Although Automatic equipment requires a high initial investment it offers fast returns in the long run. It further reduces the cost involved in manual labor and is helpful for the safe handling of beer and reducing product quality damage.

By brewery type, increase in the popularity of brewpubs in the brewery industry drives the growth of brewery equipment market

The recent trends have shown a rise in the number of brewpubs across the US. The brewpubs account for more than one-third of the US brewery market. Brewpubs are an attractive way for brewery businesses to diversify their revenue streams and attract more customers. Brewpubs provide a good branding opportunity to promote the beer brand as compared to other craft breweries such as microbreweries and tasting rooms. The changing social culture among the youth and growing demand for craft beers and no and low alcohol beer is driving the growth in the number of brewpubs globally.

The North America region is projected to grow at the highest CAGR during the forecast period

The North American region has one of the highest consumptions of beer and hence is expected to play an important role in the global beer equipment market. The region is one of the major markets for brewery equipment due to the continued increase in beer consumption in the US ranging from craft beer to lager beer. The rise of Mexico as the biggest exporter of beer globally also drives the market for brewery equipment in this region.

Major large-scale breweries are setting up beer manufacturing plants in Mexico which serves as a great opportunity for the market. These trends are further projected to attract investments from brewery equipment manufacturers across the globe, driving the brewery equipment market.

Market Dynamics

Drivers

• Mushrooming Craft Breweries Drive Brewery Equipment Demand
• Rise in Consumption of Beer, Predominantly in Developing Countries
• Filling Equipment Gains Demand by Increased Preference for Canned Beer

Restraints

• Increase in Energy and Power Costs
• Advertising Restrictions for Alcoholic Beverages

Opportunities

• High Demand for Energy-Efficient Technology
• Beer Manufacturers' Demand for After-Sales Service to Enhance Operational Efficiencies
• Process Automation: Key to Modern Brewing

Challenges

• Rise in Demand for Non-Alcoholic and Functional Beverages
• High Equipment Maintenance & Startup Cost

Companies Mentioned

• Alfa Laval (Sweden)
• GEA Group Aktiengesellschaft (Germany)
• Krones AG (Germany)
• Paul Mueller Company (US)
• Praj Industries (India)
• Meura (Belgium)
• Della Toffola SpA (Italy)
• Criveller Group (US)
• KASPAR SCHULZ Brauereimaschinenfabrik & Apparatebauanstalt GmbH (Germany)
• LEHUI (China)
• Hypro (India)
• HG Machinery (China)
• Interpump Group S.p.A (INOXPA) (Spain)
• ABE Equipment (US)

For more information about this report visit https://www.researchandmarkets.com/r/alzham

View source version on businesswire.com: https://www.businesswire.com/news/home/20221103005827/en/