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Beer Brewing Equipment Market Size
Beer Brewing Equipment Market size is anticipated to witness decent growth during 2024 to 2032, driven by the strong focus of beer manufacturers on digitalization and mechanization. Substantial investments in automating the beer-making process, associated with a focus on expanding brewing capacity, will generate lucrative opportunities for manufacturers of brewery machines.
For instance, in April 2022, Cincinnati’s West Side embarked on craft brewery expansion, with plans to nearly double the capacity to address the mounting consumer demand. Initiatives such as these, alongside the high consumer inclination toward craft and artisanal breweries and the surging number of brewpubs, will push the industry expansion.
Beer Brewing Equipment Market Trends
A prominent factor influencing the beer brewing equipment industry trends is the expansion of third-party alcohol delivery business following the COVID-19 outbreak. For example, as of 2021, DoorDash offered over 30,000 alcoholic beverages for home delivery. Additionally, the rising popularity of home brewery devices for commercial and non-commercial use will stimulate market demand.
The direct impacts of the Russia-Ukraine war on the beer value chain are limited since both countries are self-sufficient. However, the indirect effects are likely to be massive and add to the situation where inflation is already an issue. Since inflation seems to have become more than a short-term phenomenon, the production level of alcoholic drinks including beer may decline and in turn, create a hindrance to the development of beer brewing equipment and process in the upcoming years.
Beer Brewing Equipment Market Analysis
The fermentation equipment segment will account for a major share of the beer brewing equipment industry between 2024 and 2032, considering the mounting investment in home brewing. For example, in May 2022, Spike Brewing announced the establishment of a 73,000 sq. ft. manufacturing plant worth USD 9 million in the U.S. The fermentation vessels are key to improving beer quality and flavor through the removal of sediments. The ever-increasing demand for superior-quality beer will therefore augment the usage of beer fermentation equipment.
The automatic segment will emerge as a lucrative mode of operation during the forecast period, owing to the product’s acceptance for the control system of microbreweries. The fully automated brewery plant uses more larger and complex equipment to brew beers, thereby resulting in faster production and benefiting entrepreneurs aiming for bigger business enterprises. The growing awareness about the presence of antioxidants and other medical benefits of beer will complement automatic equipment usage.
Europe beer brewing equipment market will garner commendable profits by 2032, favored by the mounting popularity of no- or low-alcohol beer due to health benefits. In the past five years, sales of no- or low-alcohol beers almost doubled as weaker versions of Heineken and other global brands help convert drinkers from carbonated soft drinks. In addition, the consumer preference for greater product diversity and the mounting number of SME and microbreweries are projected to amplify beer production and foster the regional industry trends.
Beer Brewing Equipment Market Share
Some of the leading companies involved in the beer brewing equipment industry include:
- AlBrew
- Zeimann
- Della Taffola
- Krones
- Lehui
- Meura
- Brewie
- GEA Group
- XIMO
- PicoBrew
These firms are engaging in strategic agreements such as new product developments, acquisitions, mergers, and business expansions to gain a competitive advantage and strengthen their market presence.
Beer Brewing Equipment Industry News
- In November 2023, Ziemann Holvrieka expanded its brewery solutions acquiring Künzel Maschinenbau in Mainleus. The latter had specialized expertise in malt handling and grist mills.