Brewing Supplies Market

Brewing Supplies Market Outlook (2023 to 2033)

During the projected period (2023 to 2033), the global brewing supplies market is expected to grow at a CAGR of 5.6%. The market is estimated to surge from USD 1,456.2 Million in 2023 to USD 2,511.1 Million by the end of 2033.

The brewing supplies market is expected to grow at a healthy rate during the forecast period. The growing popularity of craft beer and increasing demand for home brewing kits are set to push the need for advanced brewing supplies worldwide. Besides, rising disposable income and changing lifestyles of people would compel them to spend more on premium beers.

Key players in the global market are expected to benefit from the growing demand for their products and services. These companies are also anticipated to invest heavily in research and development activities to gain a competitive edge over their rivals.

The last year witnessed some normalcy return to the craft beer industry as the lingering effects of the pandemic-induced lockdowns have faded into the past. However, the industry is facing some stiff headwinds to date. The sudden emergence of the ‘beyond beer’ category, supply chain pressures, and future shutdowns are some of the common problems that the industry will have to deal with in the next ten years.

There are some segments within the craft that are spurring at a rapid pace where one can find craft beer stepping into like lagers. Continuation of premiumization across craft beer stores is expected to drive sales of brewing supplies in the forecast period. Several craft breweries are soon projected to step into new segments that they have never explored before.

Moreover, various taprooms have established their presence online, albeit in a limited form. They have also cut down product lines to put significantly more marketing efforts on a small core set of brands. They are striving to develop these flagship products to stand out among the crowd, especially as more people prefer eCommerce.

Rising demand for India Pale Ale (IPA) across the globe owing to an unprecedented rise in the millennial population and changing consumer preferences would propel sales of brewing supplies. Millennials are preferring to try out new products and new flavors. Thus, key breweries are using more malt to balance the hop flavor of IPA.

In October 2022, for instance, Woodland Empire, a brewery that owns a mix tape IPA series, joined hands with Vision 2C Resource Council, a non-profit that focuses on helping immigrants, climate, and agriculture, to introduce La Cosecha, its new beer of the month.

It honors Hispanic Heritage Month and proceeds from the beer will go to Vision 2C. Such initiatives taken by international and start-up breweries are projected to bolster the need for brewing supplies in the assessment period.

Attributes	Key Insights
Brewing Supplies Market Estimated Size (2023E)	USD 1,456.2 Million
Projected Market Valuation (2033F)	USD 2,511.1 Million
Value-based CAGR (2023 to 2033)	5.6%
Market Share of the USA	38.3%

2018 to 2022 Global Brewing Supplies Market Outlook Compared 2023 to 2033 Demand Forecast

The brewing supplies market exhibited growth at a CAGR of 3.4% during the historical period between 2017 and 2022. This growth was attributed to ongoing advancements in beer brewing technologies and the availability of cost-effective beers in both developed and developing countries across the globe.

However, the future projection for the brewing supplies market is more optimistic, with a CAGR of 5.6% between 2023 and 2033. This growth can be attributed to the increasing popularity of craft beer and the growing demand for new & innovative flavors.

It is no secret that the craft beer industry has seen exponential growth in recent years. This is evident by the number of new breweries that have opened up their shops across the globe. While this growth is expected to continue, there are some factors that could impact the future of the brewing supplies market.

The first factor to consider is the historical outlook of the market. The brewing supplies market has been growing steadily for many years, but there has been a recent surge in terms of demand due to the craft beer boom.

This surging demand has led to increasing prices for many brewing supplies, which could impact future growth. Another factor to consider is the future projections for the global market. Many experts believe that the market will continue to grow at a steady pace, but there are some concerns about potential saturation in certain areas.

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Market-o-nomics – Highlighting the Key Trends

A number of influential factors have been identified to stir the soup in the brewing supplies market. Besides the proliferating aspects prevailing in the market, analysts at FMI have also analyzed the restraining elements, lucrative opportunities, and upcoming threats that can pose a challenge to the progression of the global market.

The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:

DRIVERS

• An increasing number of get-together parties, receptions, weddings, and family functions across the globe is set to push sales of craft beer, thereby propelling the demand for brewing supplies.
• Consumption of beer can decrease the risk of heart failure and cardiovascular disease, which would boost sales of brewing supplies.

RESTRAINTS

• In the craft beer business, employee turnover is often high and this can be time-consuming and quite costly for the overall business.
• Selling alcoholic beverages like beer in various states is only possible with the charging sales tax, which can often be expensive.

OPPORTUNITIES

• As consumers are more likely to treat alcoholic beverages as something worth spending a little extra, companies would develop unique packaging to provide sophisticated experiences.
• The emergence of the craft movement with the rising urban population and inclination for experimentation would enable breweries to look for advanced supplies to make their drinks more enjoyable.

THREATS

• Overconsumption of beer often leads to a bloated belly due to the accumulation of hard fat, thereby causing obesity.
• As beer is available in massive quantities at a relatively low cost, an individual may get addicted to drinking.

Country-wise Insights

How are Brewing Supplies Manufacturers Faring in the USA?

Beer Brewing Tools to Cost More in the USA Amid Shortages of Hops and Barley

The USA brewing supplies market has been through a lot of changes in the past few years. The most recent change is the tariffs that have been placed on imported aluminum and steel. This has caused the price of brewing supplies to increase, which has had a trickle-down effect on the price of beer.

In addition to the tariffs, there have also been shortages of hops and barley due to bad weather conditions across Europe and Australia. This has led to a decreasing quality of beer that is being produced in the USA, as well as increasing prices of the same.

Why is Germany Showcasing Exponential Demand for Brewing Supplies?

Rising Number of Breweries in Germany to Drive Sales of Craft Beer Brewing Equipment

In recent years, Germany has been dominating the Europe brewing supplies market. This is due to a number of reasons, including the country's growing population and its strong economy. In addition, Germany has a long history of brewing beer and thus has a large number of breweries.

As a result, German brewers have a significant amount of experience and expertise in brewing beer. German brewers are also able to produce beer at a lower cost than their European counterparts. This is due to the fact that Germany has access to cheaper raw materials, as well as more efficient production methods. In addition, German brewers typically use higher-quality ingredients than their European counterparts. Owing to the aforementioned factors, German beer is often considered to be of superior quality.

Why are India & China Emerging as Highly Potential Hubs for Brewing Supplies?

Entry of International Breweries in India & China to Spur the Demand for Brewing Supply Stores

The Asia Pacific region is home to some of the world’s fastest-growing economies, making it an attractive hub for businesses. There are several reasons why the Asia Pacific region is emerging as a high-potential market.

Firstly, the population in India and China is growing and becoming more affluent. This means that there is an increasing demand for premium goods and services. Secondly, these countries are witnessing the entry of many international breweries due to the adoption of western culture among millennials and the availability of low-cost laborers.

In August 2022, for instance, Scottish craft brew brand BrewDog opened its first brewpub in Delhi-NCR at Gurugram. It is the company’s third outlet in India, with the other two located in Mumbai. The company is aiming to open 25 more outlets across the country in the next three years.

Overall, India and China are set to present a number of opportunities for businesses looking to grow their operations. The large and growing population, combined with the rapid economic growth would make these countries attractive markets with huge potential.

Category-wise Insights

Which is the Leading Application of Brewing Supplies across the Globe?

Sales of Brewing Equipment for Commercial Purposes to Grow by the End of 2033

Based on application, the commercial purpose segment is projected to remain at the forefront in the brewing supplies market throughout the evaluation period. As the need for beer and other alcoholic beverages continues to grow, the demand for brewing supplies is also expected to surge in the assessment period. As millennials are always searching for new and innovative flavors, key companies are expected to come up with novel products to cater to the requirements of their client base.

Competitive Landscape

Demand for alcoholic beverages has been steadily increasing, particularly in developing countries owing to the rising disposable income of the growing population. It is considered to be a crucial factor responsible for the development of the market for brewing supplies.

Key companies in the market are focusing on launching innovative products as the consumption of alcoholic beverages among millennials is increasing dramatically worldwide. Ongoing advancements in the craft brewing industry and the rise of microbreweries in developing nations are compelling key players to introduce novel products. Some of the leading players are Paul Mueller, Micet, Meura, Kaspar Schulz, Hypro Group, GEA Group, Della Toffola, Criveller Group, Brewtech Tiantai, and Alfa Laval among others.

For instance,

• In July 2022, BrewBilt Manufacturing Inc., which is a reputed manufacturer of handcrafted brewery equipment based in the USA, introduced BrewBilt Brewing Company’s brand of craft beers. BrewBilt Manufacturing is set to use the BrewBilt Brewing facility for providing a demonstration of its cellar vessels and brew houses. The facility is unique with automation processes and proprietary systems that would allow for better efficiency and higher quality craft beer production.
• In May 2022, Olaf Brewing, a small Finland-based brewery, unveiled a NATO-themed beer named Otan, which is French for North Atlantic Treaty Organization. The brand features a white-colored cartoon figure in a metal armor suit. The company announced this launch at a time when Finland is seeking to become a member of NATO.

Scope of the Brewing Supplies Market Report

Attribute	Details
Estimated Market Size (2023)	USD 1,456.2 Million
Projected Market Valuation (2033)	USD 2,511.1 Million
Value-based CAGR (2023 to 2033)	5.6%
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	Value (USD Million)
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	Product Type, Application, Category, Region
Key Companies Profiled	Paul Mueller; Micet; Meura; Kaspar Schulz; Hypro Group; GEA Group; Della Toffola; Criveller Group; Brewtech Tiantai; Alfa Laval
Report Coverage	Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Brewing Supplies Market Outlook by Category

By Product:

• Fermentation Unit
• Brew House Unit
• Filtration System
• Maturation Unit
• Others (Milling unit, Malting, Tank pump, etc.)

By Application:

• Commercial Purpose
• Industrial Purpose

By Category:

• Nano /Micro Brewery
• Macro/ Industrial Brewery

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)

Frequently Asked Questions

How Big is the Brewing Supplies Market?

By 2023, the market is expected to be worth USD 1,456.2 million.

Which Region May Dominate the Market?

Europe is likely to experience a 38.3% CAGR by the end of 2033.

What will the Market Size by 2033?

The market is expected to reach USD 2,511.1 million by 2033.

How the Market in China is Expected to Achieve Growth?

China is projected to expand at a CAGR of 5.8% by 2033.

Which Key Countries are Creating Growth Platform?

United States, China, India are dominating the market.