The global brewing boiler market size reached USD 1,822.9 Million in 2022 and it is expected to touch a valuation of USD 1,892.2 Million in 2023. Furthermore, with rising adoption across wine breweries and beer breweries, the overall sales of brewing boilers are projected to rise at 3.8% CAGR between 2023 and 2033, totaling a market valuation of USD 2,747.5 Million by 2033.
Brewing boilers are essential equipment used across breweries to produce beer on a large scale. This equipment provides the heat necessary to produce high-quality beer and other alcoholic beverages. Without a brewing boiler, it would be impossible to brew beer on a large scale.
The adoption of brewing boilers helps breweries to ensure that they are meeting production demands while keeping high quality without wasting energy and time. As a result, the popularity of these boilers has gained immense traction across the world during the last few decades and the trend is likely to continue during the forecast period.
Rising consumption of alcoholic beverages such as beer and cider across the world along with an increasing number of breweries is a key factor expected to drive the global brewing boiler market during the forecast period.
Similarly, the growing need for enhancing overall productivity, reducing labor costs, and improving product quality is expected to generate demand for brewing boilers during the projection period.
Demand is especially high for automatic brewing boilers due to their high speed, better temperature control, and energy efficiency. Automatic boilers can brew faster than traditional systems while ensuring optimal product quality. Hence, they are being increasingly installed across breweries.
Another key factor that is expected to drive the global market for brewing boilers swiftly during the projection period is the development of enhanced boiler systems. Right from their inception, manufacturers have been constantly innovating to develop highly efficient and compact boiler units.
As a result, there have been new inventions in boiler technology during the last few years. Companies are continuously launching brewing boiler systems with low noise, increased energy efficiency, and reduced carbon footprints. This is acting as a catalyst triggering the growth of the brewing boiler market.
Attribute | Key Insights |
---|---|
Brewing Boiler Market Estimated Value (2023) | USD 1,892.2 Million |
Projected Market Value (2033) | USD 2,747.5 Million |
Value-based CAGR (2023 to 2033) | 3.8% |
Market Share of USA, Germany, Japan, and Australia | 66.9% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global demand for brewing boilers is expected to grow at 3.8% CAGR between 2023 and 2033 in comparison to the 4.9% CAGR registered during the historical period from 2018 to 2022.
Growing demand for beer, cider, and other alcoholic beverages, and the increasing number of breweries and microbreweries globally are some of the key factors driving the global brewing boiler market.
The future projections suggest that the growth of this market will begin to slow down in the coming years mainly due to increased competition from other types of alcoholic beverages such as wine and spirits, and the growing popularity of non-alcoholic beverages. In addition, many countries are now implementing stricter regulations on alcohol consumption which could further impact the demand for beer and other brewed products.
However, despite these factors, the overall market for brewing boilers is projected to surpass a valuation of USD 2,747.5 Million by 2033 as demand for beer continues to surge drastically.
Similarly, the availability of brewing boilers in a variety of sizes and operating modes is expected to aid in the expansion of the global market.
A number of influential factors have been identified that are expected to spur growth in the global brewing boiler market during the projection period (2023 to 2033). Besides the proliferating aspects prevailing in the market, the analysts at FMI have also analyzed the restraining elements, lucrative opportunities, and upcoming threats that can somehow influence brewing boiler sales.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
RESTRAINTS
OPPORTUNITIES
THREATS
Rising Number of Breweries Boosting Sales in the USA
The USA accounted for 36.7% of the global brewing boiler market and it is expected to reach a valuation of USD 694.4 Million in 2023. Growth in the USA brewing boiler market is driven by rising demand for beverages like wine and beer, the strong presence of leading boiler manufacturers, and favorable government support.
The USA is one of the world's leading markets for boiler technology. The industry is constantly evolving to meet the needs of the country's brewing industry. There are several factors that are driving this evolution, including the need for more efficient and effective boilers, the need for better controls and monitoring, and the increasing popularity of craft beer.
Similarly, an increasing number of breweries across the USA is playing a key role in propelling the sales of brewing boilers and the trend is likely to continue during the forecast period. According to the World Population Review, there are over 8,000 breweries in the United States. These breweries are increasingly installing brewing boilers to produce high-quality beer and increase their production capacities.
Focus Towards Producing High-Quality Beer Pushing Demand in the United Kingdom
As per FMI, demand for brewing boilers across the United Kingdom is projected to grow at 6.4% CAGR between 2023 and 2033. This is due to the country's strong tradition of quality and innovation.
British brewers have a reputation for producing high-quality beers that are consistent with their brand identity. In addition, British brewers are constantly innovating new ways to improve the taste, texture, and presentation of their products. This commitment to quality and innovation has made the United Kingdom one of the leading markets for brewing technology.
Increasing Consumption of Alcoholic Beverages Making China a Lucrative Market
The China brewing boiler market is expected to grow at 6.3% CAGR during the forecast period of 2023 and 2033, making it one of the promising markets across East Asia. There are several reasons for this. First, China has a large population and a growing economy. This has led to increased demand for beer and other alcoholic beverages.
Second, China has a relatively low cost of labor and production. This makes it an attractive destination for brewing companies looking to reduce costs. Finally, China has a developed infrastructure and can produce high-quality brewing equipment. This gives Chinese manufacturers a competitive advantage in the global market.
Availability of Advanced Brewing Boilers Boosting Market in Germany
As per FMI, Germany is anticipated to hold around 21.6% share of the global brewing boiler market by 2023. This can be attributed to the availability of innovative brewing solutions, the rising number of wine and beer breweries, and the growing export of alcoholic beverages.
German brewers have continued to innovate in the design and construction of brewing boilers. Today, there are two main types of boilers used in Germany: the direct-fired kettle and the indirect-fired kettle. Direct-fired kettles are heated by a direct flame, while indirect-fired kettles are heated by steam coils.
Stainless Steel Remains the Most Commonly Used Material Type
Based on material type, the stainless steel segment accounts for the largest share of the global brewing boiler and it is expected to retain its dominance during the forecast period. This can be attributed to the rising adoption of stainless steel for making brewing boilers due to its excellent physical and chemical properties.
There are a few factors to consider when choosing the best material for making a brewing boiler. Stainless steel is a popular choice because it is durable and easy to clean. It is also resistant to corrosion, which is important for brewing.
Another factor to consider is the amount of heat that the boiler will need to withstand. Stainless steel can handle high temperatures, so it is a good choice for boilers that will be used for boiling water or other liquids.
Beer Breweries to Generate Highest Revenues in the Brewing Boiler Market
Based on application, the beer breweries segment is expected to generate the highest revenues in the global market for brewing boilers during the projection period. This can be attributed to the rising demand for beer worldwide and the increasing number of beer breweries.
Brewing boilers are used in a variety of industries, but they are most commonly used in the beer brewing industry. There are many reasons for this, including the fact that beer brewing is one of the most energy-intensive processes in the food and beverage industry.
Sales of brewing boilers are expected to grow the most in the beer brewing industry. This is due to the growing popularity of craft beers and the need for more efficient production methods. The use of boilers helps breweries save energy and water, while also reducing emissions.
Various Advantages of Automatic Brewing Boilers Fueling Their Adoption
Based on automation, sales of automatic brewing boilers are expected to outpace those of semi-automatic ones due to their various advantages including higher speed and convenience, better temperature control, high energy efficiency, and optimal product quality.
Automatic brewing boilers allow companies to significantly improve their productivity while reducing labor requirements and costs. As a result, they are being increasingly installed in beer breweries, wine breweries, and several other end-user sectors.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The market for brewing boilers is highly competitive due to the presence of a large number of domestic and regional players. with a large number of players. Key players are concentrating on offering a wide range of products to their customers and strengthening their distribution channels.
Furthermore, they are adopting strategies such as new product launches, mergers, acquisitions, partnerships, facility expansions, and collaborations to gain a competitive edge in the market. for instances,
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 1,892.2 Million |
Projected Market Size (2033) | USD 2,747.5 Million |
Anticipated Growth Rate (2023 to 2033) | 3.8% CAGR |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD Million for Value and Units for Volume |
Key Regions Covered |
North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa(MEA) |
Key Countries Covered |
USA, Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, United Arab Emirates(UAE) |
Key Segments Covered |
Material Type, Application, Automation, Region |
Key Companies Profiled |
Applied Technologies of New York, Inc.; Miura Boiler; MAXIMA BOILERS PRIVATE LIMITED; Columbia Boiler Co; Northwest Industrial Equipment, Inc.; Concept Boiler Systems; CFB Boilers Ltd; ZG Group; Atlanta Boiler & Mechanical Inc.; Shandong Zunhuang Fermenting Equipment Co., Ltd |
Report Coverage | Company Share Analysis, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives, Market Forecast, Competitive Landscape, |
The growing demand for organic products is increasing current market trends.
The stainless steel segment holds high revenue potential.
The United States, China, and the United Kingdom are estimated to dominate the global market.
The market is forecast to develop at a CAGR of 3.8% through 2033.
The market registered a CAGR of 4.9% between 2018 and 2022.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type 5.1. Stainless Steel 5.2. Cast-iron 5.3. Copper 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Wine Breweries 6.2. Beer Breweries 6.3. Cider 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Automation 7.1. Automatic 7.1.1. Electric 7.1.2. Steam 7.1.3. Others 7.2. Semi-automatic 7.2.1. Gas 7.2.2. Oil 7.2.3. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia 8.6. Oceania 8.7. Middle East and Africa (MEA) 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Applied Technologies of New York, Inc. 18.2. Miura Boiler 18.3. MAXIMA BOILERS PRIVATE LIMITED 18.4. Columbia Boiler Co 18.5. Northwest Industrial Equipment, Inc. 18.6. Concept Boiler Systems 18.7. CFB Boilers Ltd 18.8. ZG Group 18.9. Atlanta Boiler & Mechanical Inc. 18.10. Shandong Zunhuang Fermenting Equipment Co., Ltd 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Process Automation Insights
View Reports