Craft 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, Stainl

Craft 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 expand from 2022 to USD 7,231.4 million by 2032, with a compound annual growth rate (CAGR) of 6.1% during the forecast period (2022-2032). Several significant variables drive the craft brewery equipment industry. For starters, the expanding global popularity of craft beer consumption has created a demand for equipment designed specifically for craft brewers' demands. Furthermore, growing consumer interest in varied beer kinds and flavours has pushed breweries to invest in cutting-edge equipment to match changing tastes. Furthermore, the advent of microbreweries, brewpubs, and home brewing has aided the growth of the craft brewery equipment industry, as these businesses require equipment for small-scale production.

The growing consumer preference for unique, high-quality craft beer products has emerged as a significant trend in the global beverage business, changing the beer market landscape and causing dramatic changes in consumer behavior, preferences, and consumption habits. Craft beer, distinguished by its artisanal production processes, inventive recipes, and emphasis on quality ingredients, has captivated the imagination of beer fans all over the world, providing a vast range of flavors, styles, and experiences that appeal to a wide range of customers. This trend stems from a movement in customer tastes and preferences for more authentic, tasty, and locally made beverages.

Market Segment insights
The Craft Brewery Equipment Market is divided into five types: Brew House Equipment, Fermentation Equipment, Control & Monitoring, Filling & Packaging, and Others.

Market segmentation is based on price range, with Economy/Mass and Premium.

The Craft Brewery Equipment Market is segmented by material, including brass, copper, aluminum, stainless steel, and mild steel.

The market is segmented based on mode of operation: automated, manual, and semi-automatic.

Market segmentation by distribution channels comprises store-based and non-store-based.

Regional insights
The North America category held the biggest market share in 2022, with a market value of USD 1,343.0 million, and is predicted to grow at a 5.5% CAGR over the forecast period. The craft brewery equipment market in North America is supported by the region's historic brewing legacy as well as the craft beer movement's rapid growth.

Europe is a cornerstone of the worldwide craft brewery equipment industry, with a considerable market size of USD 1,739.7 million and a robust CAGR of 5.9%. This region, known for its rich brewing tradition and distinctive beer culture, plays a significant role in the worldwide craft beer movement, generating demand for high-quality brewing equipment and cutting-edge brewing technologies.

The Asia Pacific region's craft brewery equipment market is rapidly expanding, with a market value of USD 556.3 million and a CAGR of 7.7%. This development trajectory reflects the region's changing beer landscape, which is marked by shifting consumer preferences, urbanization, and the creation of a thriving craft beer scene in many countries.

South America is emerging as an increasingly potential market for craft brewery equipment, with a projected market value of USD 136.6 million and a 6.6% CAGR.

The craft brewery equipment market in the Middle East and Africa (MEA) region is steadily gaining pace, with a young but potential market size of USD 39.7 million and a significant CAGR of 7.0%.

Major Players
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) are among the key players in the Craft Brewery Equipment market.