Beer brewing equipment market size is set to grow at a robust pace between 2022 and 2028 owing to the shifting consumer inclination to artisanal and craft breweries and the surging count of microbreweries and brewpubs worldwide. The growing emphasis of beer manufacturers on mechanization and digitization has led to various developments in automating the beer-making process. However, higher costs pertaining to the maintenance & capacity capital and excessive power consumption may negatively impede the market development.
The growth of the beer brewing equipment industry can also be accredited to the rising number of investments coupled with the higher dominance of beer culture in many parts of the world. This equipment mainly refers to a set of monitoring systems and tools employed in small, medium, and large-scale beer processing. The increasing popularity of home brewing equipment for commercial as well as non-commercial use will add to the product demand.
With respect to equipment type, the beer brewing equipment market share from the fermentation equipment segment is anticipated to rise due to thriving demand in beer production and the higher availability of superior quality equipment. This technique involves the removal of unnecessary sediments from beer for improving its quality and flavor. Fermentation vessels or fermenters are tanks, or barrels, among other vessels where the wort is held as it ferments into beer. Increasing adoption in home-based breweries is another prominent driver influencing the segment growth.
Geographically, Europe will account for a significant share in the beer brewing equipment market through 2028 owing to the rising consumption of low or no alcohol beer on account of their health benefits. Collective consumer inclination towards greater diversity and choice has resulted in the escalating beer production and the growing count of microbreweries and SMEs in the region.
The increasing number of acquisition activities between well-known multinational breweries and the regional craft breweries along with the installation of massive brewhouses will infuse a positive outlook for the regional market growth. For instance, in March 2021, Carlow Brewing Company, a renowned Irish craft brewer expanded its capacity by installing an all-in-one filling system from GEA.
On the other side, the demand for beer brewing equipment in North America will expand with the surging need for premium taste drinks and unique flavors. The higher beer consumption and the robust presence of leading manufacturers, notably in the U.S and Canada will contribute to the product adoption. Rising technological advancements and the growing popularity of mainstream beers are other factors fueling the market expansion in North America.
In terms of competitive landscape, the beer brewing equipment market comprises the presence of players, including PicoBrew, Zeimann, GEA Group, Brewie, Meura, XIMO, Krones, Lehui, Della Taffola, and AlBrew.
These equipment manufacturers are placing targeted efforts on R&D investments, capacity expansions, and the introduction of new products whilst engaging in strategic agreements, such as acquisitions and partnerships to gain competitive edges.
For instance, in April 2021, GEA introduced Craft-Star M, its newly developed 20-hectoliter brewhouse for Monyo Brewing, a well-known craft brewer, to meet the rising requirements of process control, batch consistency, and quality.
Similarly, in May 2021, Ziemann Holvrieka inked a partnership with Mark Anthony Brewing for engineering, designing, and installing a massive brewhouse for the latter company.
The COVID-19 pandemic gave rise to significant impacts on the global economy considering the influx of the nationwide lockdowns and social distancing norms specifically during the first two quarters of 2020. Its effects were also felt on the beer brewing equipment industry due to the emergence of trade restrictions and abruptly interrupted manufacturing activities. The gradual easing of these restrictions, however, is likely to add an edge to the market development.