Craft Brewery Equipment Market

Brewery Equipment Market Research Report Information By Type (Brew House Equipment, Fermentation Equipment, Control & Monitoring, Filling & Packaging, and Others), Price Range (Economy/Mass, and Premium), By Material (Brass, Copper, Aluminum, Stainless Steel, Mild Steel), By Mode of Operation (Automatic, Manual, and Semi-automatic), By Distribution Channel (Store-based, and Non-Store Based) And By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) – Industry Forecast Till 2032

The Craft Brewery Equipment market is expected to grow at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2032, with a market value of USD 7,231.4 million. A number of crucial variables are driving the growth of the artisanal brewery equipment market. Initially, the growing global demand for craft beer consumption encouraged the creation of equipment specifically tailored to fulfill the specialized needs of craft brewers. Furthermore, breweries have been forced to invest in novel technology in order to meet the changing tastes of consumers, who are increasingly interested in a wide range of beer styles and flavors. Furthermore, the emergence of microbreweries, brewpubs, and home brewing, all of which require small-scale production equipment, has aided the growth of the craft brewery equipment industry.

A significant trend in the global beverage business has emerged: rising consumer demand for unique, high-quality craft beer products. This tendency has greatly impacted the beer market, resulting in considerable changes in consumer behavior, preferences, and consumption patterns. Craft beer has captured the imagination of beer fans all over the world, delivering a unique range of flavors, types, and experiences that appeal to a wide range of customers, thanks to its artisanal production methods, creative formulations, and emphasis on quality ingredients. This trend is mostly driven by a movement in customer tastes for beverages that are more authentic, tasty, and locally produced. Authenticity, distinctiveness, and a sense of connection to the products people consume are becoming increasingly desirable in an era of mass-produced, homogeneous goods. Craft beer offers consumers an alternative to popular beer brands by stressing traditional brewing techniques, small-batch production, and novel flavor profiles, allowing them to experience new and exciting taste experiences.

Market Segmentation Insights
Craft brewery equipment includes brew house equipment, fermentation equipment, control and monitoring, filling and packaging, and other items. Market segmentation based on kind. Bras, copper, aluminum, stainless steel, and mild steel make up the market segmentation by material.
The market is segmented using automatic, semi-automatic, and manual modes of operation. Market segmentation is divided into two categories based on distribution channels: store-based and non-store-based.

Regional Perspectives
In 2022, the North America segment had the greatest market share, valued at USD 1,343.0 million. The compound annual growth rate (CAGR) is expected to be 5.5% for the projection period.

Europe is an important part of the worldwide craft brewery equipment industry, with a market value of USD 1,739.7 million and a respectable CAGR of 5.9%. This region is well-known for its distinct beer culture and strong brewing legacy, which has helped it gain a significant role in the global craft beer movement. This has boosted the demand for high-quality brewing equipment and novel brewing technology.

The craft brewery equipment market in the Asia Pacific area is rapidly expanding, with a market value of USD 556.3 million and a 7.7% CAGR. This development trajectory reflects the region's changing beer geography, which includes shifting consumer preferences, urbanization, and the rise of a robust craft beer scene in numerous countries.

The craft brewery equipment market in South America is getting more promising, with a developing market size of USD 136.6 million and a significant CAGR of 6.6%. Despite economic issues and changes, the area is seeing an increase in consumer interest in craft beer, which is driving up demand for brewing equipment and boosting the growth of the craft beer industry in nations such as Brazil, Argentina, and Chile.

The craft brewery equipment market in the Middle East and Africa (MEA) region is steadily gaining traction, as indicated by a small but potential market size of USD 39.7 million and a significant CAGR of 7.0%. Historically, the beer market in the MEA region was dominated by large microbreweries that produced traditional beer brands.

Major Players
Major players in the Craft Brewery Equipment market include Paul Mueller Co (US), Criveller Group (Canada), Praj Industries Ltd (India), Hypro Engineers Private Limited (India), Ampco Pumps Company (US), Krones AG (Germany), Flecks Brauhaus Technik GmbH (Steiermark), Alfa Laval AB (Sweden), GEA Group AG (Germany), ABE Equipment (Nebraska), and SmartBrew (Canada).