The global Microbrewery Equipment Market is estimated to be valued at USD 986.2 Million in 2023. Furthermore, with the rising consumption of craft beer across the world, the overall demand for microbrewery equipment is poised to surge at 3.3% CAGR between 2023 and 2033, exceeding a market valuation of USD 1,364.5 Million by 2033.
Microbrewery equipment refers to tools or state-of-art equipment used to brew beer on a small scale. This equipment is usually used by home brewers and small breweries to produce high-quality beer.
They include milling and mashing equipment, fermentation equipment, filtration system, brew house equipment, control & monitoring tools, filling and packaging solutions, etc.
The market is driven by the rising consumer demand for craft beer, which is prompting breweries to invest in microbrewery equipment. In addition, the growing popularity of home brewing is also driving the market for microbrewery equipment.
Beer is one of the world’s oldest alcoholic beverages and the third most consumed beverage after water and tea, in the world. People are increasingly consuming beer due to its various health benefits.
For instance, it is believed that nutrients and antioxidants present in beer can promote heart health, lower cholesterol, and prevent kidney stones, besides several other benefits. This has resulted in the expansion of breweries and pubs across the world, which in turn will positively influence microbrewery equipment sales.
Beer-making equipment manufacturers are implementing novel strategies to increase sales and market penetration.
Microbrewery equipment market participants carry out a variety of tasks, such as the liquor store's growth, improved yeast management, a greater emphasis on the ingredients in the barrels, energy sources, and external expansion to strengthen their market presence
Another factor that is expected to foster the growth of the microbrewery equipment market is the increased acquisition activity between craft breweries and large multinational breweries. Various manufacturers are now focusing on developing new flavors and tastes for high-quality beverages.
Additionally, growing sales through company websites and e-commerce retailers including Amazon, and Flipkart will expand the global market for microbrewery equipment over the next ten years.
Regionally, Asia Pacific is expected to emerge as the most lucrative microbrewery equipment market owing to the significant growth in the number of microbreweries due to the growing demand for craft beer.
Moreover, countries such as China and India are investing heavily in research and development activities related to beer brewing, which is expected to fuel the growth of the Asia-Pacific market.
Attributes | Key Insights |
---|---|
Microbrewery Equipment Market Value (2023) | USD 986.2 Million |
Projected Market Value (2033) | USD 1,364.5 Million |
Value-based CAGR (2023 to 2033) | 3.3% |
Market Share of USA | 38.3% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global microbrewery equipment market is anticipated to grow by 3.3% CAGR between 2023 and 2033, in comparison to the 4.5% CAGR registered during the historical period from 2018 to 2022.
Growing demand for craft beer and the increasing number of microbreweries globally are some of the key factors driving sales of microbrewery equipment in the global market.
Similarly, the rising popularity of craft beer culture, especially across developed and developing nations like the USAIndia, Japan, China, Germany, France, and the UK is expected to bolster sales of microbrewery equipment during the forecast period.
A number of influential factors have been identified that are expected to spur growth in the global microbrewery equipment 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 microbrewery equipment sales.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS:
RESTRAINTS:
OPPORTUNITIES:
THREATS:
Growing Number of Craft Breweries Pushing Demand in the USA Market
Currently, the USA dominates the global microbrewery equipment market and it is expected to grow at a steady pace during the next ten years (2023 to 2033).
Growth in the USA microbrewery equipment market is driven by the rising popularity of craft beer, the increasing number of microbreweries, and the availability of advanced beer-making equipment.
As the craft beer industry continues to grow in North America, so too does the market for microbrewery equipment. This includes both small-scale brewing systems for home and hobbyists, as well as larger commercial setups for professional brewers.
The demand for such equipment is being driven by both existing breweries expanding their operations and new entrants to the market.
According to the Brewers Association Annual Growth Report (2019), around 8,275 craft breweries were operating in 2019, including 2,058 microbreweries, 2,966 taproom breweries, 3,011 brewpubs, and 240 regional craft breweries.
This number is expected to further surge during the next few decades and will generate high demand for microbrewery equipment in the country.
Increasing Beer Consumption Boosting Microbrewery Equipment Market in China
As per FMI, China’s microbrewing equipment market is anticipated to expand at 5.7% CAGR during the forecast period (2023 to 2033), making it one of the most lucrative markets across East Asia.
Rising consumption of beer due to changing lifestyles, rising disposable income, and growing awareness about the potential benefits of beer are key factors driving the demand for microbrewery equipment across China.
In recent years, beer consumption has gained immense traction across China and the trend is likely to continue during the forecast period. According to the World Population Review, total beer consumption in China reached 9,533,441 gallons in 2020. This is playing a key role in elevating demand for microbrewery equipment.
China presents a huge opportunity for businesses that are looking to expand their operations due to several reasons. Firstly, the nation has a large population which creates a significant demand for goods and services.
Secondly, the country is experiencing strong economic growth, which is boosting household incomes and increasing consumer spending power. Finally, China has a young and dynamic workforce that is eager to embrace new technologies and ideas.
The microbrewing industry is rapidly expanding its use of automated beer-handling equipment to reduce production time and costs for greater efficiency and productivity.
The complex beverage production process necessitates constant monitoring, governance, and evaluation, which is easily accomplished with an automated brewing company setup. Although automatic equipment requires a large initial investment, it pays off quickly in the long run.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Beer-making equipment manufacturers are implementing novel strategies to increase sales and market penetration.
They are adopting a variety of strategies such as new product launches, mergers, collaborations, long-term partnerships, and facility expansions to increase their sales and solidify their positions in the global market. For instance,
Attributes | Details |
---|---|
Estimated Market Size (2023) | USD 986.2 Million |
Projected Market Size (2033) | USD 1,364.5 Million |
Anticipated Growth Rate (2023 to 2033) | 3.3% 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, UAE |
Key Segments Covered | Product Type, Application, Mode of Operation, Region |
Key Companies Profiled | Alfa Laval; Kaspar SCHULZ; Krones AG; Praj industries; LEHUI; INTERPUMP GROUP S.P.A; Criveller Group; Della Toffola Spa |
Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The global microbrewery equipment market size is expected to reach USD 986.2 Million in 2023.
The microbrewery equipment market is expected to rise at a CAGR of 3.3% during the forecast period.
The overall market for microbrewery equipment is forecast to surpass USD 1,364.5 Million by 2033.
The USA, China, Canada, Germany, and Mexico are the major countries driving demand for microbrewery equipment.
China’s microbrewery equipment market is projected to grow at 5.7% CAGR throughout the forecast period.
The UK microbrewery equipment market is projected to grow at a CAGR of 5.7% during the forecast period.
The market for microbrewery equipment is projected to grow at 5.8% CAGR between 2023 and 2033.
Demand for microbrewery equipment in Japan is expected to rise at 5.8% CAGR through 2033.
The overall demand for microbrewery equipment is expected to surge at 2.6% CAGR during the assessment period.
1. Executive Summary | Microbrewery Equipment Market 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 Product Type 5.1. Fermentation equipment 5.2. Brew house equipment 5.3. Carbonation 5.4. Control & Monitoring 5.5. Filling & Packaging 5.6. Mashing equipment 5.7. Milling equipment 5.8. Filtration system 5.9. Fittings & Valves system 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type 6.1. Brass 6.2. Copper 6.3. Stainless Steel 6.4. Aluminum 6.5. Mild Steel 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Mode of Operation 7.1. Automatic 7.2. Manual 7.3. Semi-automatic 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. Alfa Laval 18.2. KasparSCHULZ 18.3. Krones AG 18.4. Praj industries 18.5. LEHUI 18.6. INTERPUMP GROUP S.P.A 18.7. Criveller group 18.8. Della Toffola Spa 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Process Automation Insights
View Reports