At 9.2 % CAGR, Brewery Equipment Market Size worth US$24.9 Billion by 2026: IndustryARC

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The Rise in the Need for High-capacity Macro Brewery Equipment for Large-scale Beer Production in Developing Nations Is Driving the Brewery Equipment Market.

HYDERABAD, TELANGANA, INDIA, February 14, 2023 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that Brewery Equipment Market size is estimated to reach $24.9 billion by 2026, growing at a CAGR of 6.3% during the forecast period 2021-2026. A Brewery is a building or a company where beers are made commercially. Brewery equipment covers all aspects of the brewing process, such as malting, mashing, and lautering. The automatic brewery equipment is increasingly being adopted across the world owing to the growing demand for innovative taste and high-quality beers among the young population. The rise in the adoption of the lautering process for the separation of mash into the liquid wort and the residual grain, growing demand for microbrewery equipment in developed nations, increase in the adoption of compressors to offer proper air compression in craft brewery equipment, and growing investment by the key players to develop advanced brewery equipment are the factors that are set to drive the growth of the Brewery Equipment Market for the period 2021-2026.

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Key takeaways:

This IndustryARC report on the Brewery Equipment Market highlights the following areas -

1. Geographically, North America Brewery Equipment Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the rise in the adoption of the lautering process for the separation of mash into the liquid wort and the residual grain.

2. The increase in the demand for process automation in the craft brewery process to reduce the complicated procedures is driving the Automatic segment.
3. However, the high maintenance cost of brewery equipment is one of the major factors that is said to reduce the growth of the Brewery Equipment Market.

4. Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Brewery Equipment Market report.

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Segmental Analysis:

1. The Craft Brewery Equipment segment held the second-largest share in 2020 owing to the factors such as the growing adoption of microbrewery equipment in developed nations and the rise in the demand for compressors to offer proper air compression in craft brewery equipment.

2. The rise in the adoption of automatic equipment to support the production of high-quality beers is driving the growth of the Brewery Equipment Market. The Semi-Automatic segment held the second-largest share in 2020 owing to the factors such as the rise in the consumer inclination towards handcraft and artisanal beers and the growing demand for cost-effective semi-automatic equipment.

3. The increasing demand for compressors to offer proper air compression in craft brewery is driving the growth of the Brewery Equipment Market.

Competitive Landscape:

The top 5 players in the Brewery Equipment Industry are -

1. Alfa Laval
2. Krones AG
3. Criveller Group
4. Paul Mueller
5. Kaspar Schulz GmbH

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Related Reports:

A. Craft Beer Market
https://www.industryarc.com/Research/Craft-Beer-Market-Research-504983

B. Commercial Coffee Brewer Market
https://www.industryarc.com/Report/19054/commercial-coffee-brewer-market

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