Brewery Equipment Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Brewery Equipment Market is segmented By Type (Microbrewery Equipment, Craft Brewery Equipment), By Mode of Operation (Automatic, Semi-Automatic, Manu....
Brewery Equipment Market Size
Market Size in USD
CAGR5.1%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 5.1% |
| Market Concentration | High |
| Major Players | Alfa Laval, GEA Group Aktiengesellschaft, Krones AG, Paul Mueller Company, Brewbilt Manufacturing INC |
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Brewery Equipment Market Analysis
The Global Brewery Equipment Market is estimated to be valued at USD 22.1 Bn in 2024 and is expected to reach USD 33.3 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031. The rising consumption of beer globally is driving the need for brewery equipment such as brewhouses, fermentation tanks, filtering equipment and filling machines amongst others. Growing microbrewery culture is also boosting demands for small-scale brewery equipment.
The market is witnessing positive trends such as rising automation in breweries and growing adoption of advanced equipment to produce innovative flavored beers. Manufacturers are investing in Industry 4.0 technologies like AI, IoT and machine learning to develop smart brewery equipment with monitoring and controlling capabilities. However, high initial investment and maintenance costs of commercial brewery equipment may hinder the market growth to some extent over the forecast period.