The global brewery equipment market size is expected to reach USD 28.38 billion by 2032, according to a new study by Polaris Market Research. The report “Brewery Equipment Market Share, Size, Trends, Industry Analysis Report, By Equipment Type (Macrobrewery Equipment, Craft Brewery Equipment, Mashing Equipment, Storage Equipment, Compressors, Cooling Equipment, and Others); By Mode of Operation; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Continuous rise in the demand for the beer globally due to its numerous health benefits like richness in the anti-oxidants & low calorific value and growing brewery equipment, are positively affecting the growth of the market.
Moreover, the large number of innovations focused on automating various procedures and increasing popularity of beer culture is resulting in high investment for the industry development, which is further likely to create huge growth opportunities in the near future. For instance, in July 2022, BrewBilt Manufacturing, unveiled BrewBilt Brewing Company’s brand of the craft beers and synergy with brewhouses built by the company. The company built the brewhouse and cellular tanks and has opened doors for boosting brewing equipment sales.
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Furtherly, players in the industry across the globe are rapidly processing towards automating their manufacturing processes to obtain the authentic taste of beverages. Manufacturers are thus looking to integrate technologies like IoT and artificial intelligence in their products, that enables them to program mashing and set up precise temperatures. As the number of craft breweries in countries like America balloons, the more developed and advanced techniques needed to capture the public’s attention across the industry. At the same time, there are various game-changing innovations happening and taking place which enhances the business operations and also product quality, that is shaping the market towards higher growth.
Brewery Equipment Market Report Highlights
Polaris Market Research has segmented the brewery equipment market report based on equipment type, mode of operation, and region:
Brewery Equipment, Equipment Type Outlook (Revenue - USD Billion, 2019 - 2032)
Brewery Equipment, Mode of Operation Outlook (Revenue - USD Billion, 2019 - 2032)
Brewery Equipment, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2023 |
USD 17.32 billion |
Revenue forecast in 2032 |
USD 28.38 billion |
CAGR |
5.6% from 2023– 2032 |
Base year |
2022 |
Historical data |
2019– 2022 |
Forecast period |
2023– 2032 |
Quantitative units |
Revenue in USD million/billion and CAGR from 2023 to 2032 |
Segments covered |
By Equipment Type, By Mode of Operation, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
GEA Group, Krones AG, Praj Industries, Della Toffola SpA, KG Machinery, ABE Equipment, Hypro, Kaspar Schulz, Paul Mueller Company, Alfa Level, Criveller Group, Ampco Pumps Company, Brewbilt Manufacturing Inc., Deutsche Beverage Technology. Advanced Enzyme Technologies Ltd., BASF SE, Dyadic International Inc., and Associated British Foods PLC. |
For Specific Research Requirements |