North America Brewery Equipment Market

North America Brewery Equipment Market Size, Share, Growth (2023-2028)

North America Brewery Equipment Market is expected at USD xx.xx million in 2023 and is anticipated to extent an over of USD xx.xx million by 2028.

North America Brewery Equipment Market Overview

The North America Brewery Equipment Market is estimated to experience reasonable growth to record a CAGR of xx.xx% throughout the estimated period (2022 - 2027).Brewing is the process of brewing beer, which is a fermented alcoholic beverage made from grains. The most commonly used grain for brewing is barley, but there are others, such as wheat, rye, and oats. This extensive brewing process can be done using brewery equipment. The brewing process has several steps and each method requires specific equipment to perform the brewing task. Therefore, the choice of equipment may vary depending on the volume of processing or the custom demand for the beer produced. The increase in beer consumption around the world is expected to drive the market for brewery equipment.

Recent Developments

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North America Brewery Equipment Market Drivers and Restraints:

The growing preference for craft beer brewing due to its unique taste and growing popularity among beer consumers around the world is expected to increase the demand for brewing equipment over the forecast period. Also, beer is a type of liquor made with natural ingredients, such as yeast, hops, malted grains, and water. Therefore, it contains fibers, vitamins, minerals and polyphenols that contribute positively to the consumer's diet. Major players around the world are focusing on the development of advanced brewing equipment due to the increasing demand for innovative types of beer among customers in developed countries. Major market players are collaborating with other players to carry out various research and development activities to launch advanced artisan processing equipment to meet the growing demand. However, the high maintenance cost of brewery equipment is one of the main factors that is expected to slow down the growth of the brewery equipment market.

Market Segmentation:

Type

• Milling

• Cooling

• Fermentation

• Filtration

• Filling

• Brewhouse

Milling segment is leading with the dominant shares of the market. The increasing need for large-capacity macro-brewing equipment for large-scale beer production in developing countries is driving the growth of the beer brewing equipment market.

Mode of Operation

• Manual

• Automatic

• Semi-Automatic

The Auto segment had the largest share in 2020 and is also estimated to be the fastest growing segment with a CAGR of 6.9% during the 2022 - 2027 period. This growth is due to factors such as the increasing demand for process automation in the craft brewery process to reduce complicated procedures and increased investments by major players to develop advanced automatic macro-processing, brewery and microbrewery equipment.

By Brewery Type:

• Macrobrewery

• Microbrewery

• Brew Pubs

Impact of COVID-19 on North America Brewery Equipment Market

The COVID-19 pandemic has severely affected economies around the world. Obviously, this has also had an indirect impact on the market for brewery equipment. Since strict lockdown measures have been implemented differently in countries around the world, a common point can be observed in that bars, pubs and restaurants have been closed everywhere because they violate the principle of social distancing, which has become a necessity these days. In 2020, Europe experienced a 33% drop in employment generated by the beer brewing industry beer sales by volume in the United States fell 3% in 2020, while craft brewers' sales by volume fell 9%, reducing the share of small independent brewers of the US beer market by volume as 12.3%. Breweries around the world are affected differently based on the size of the production operations they run. The closure of establishments in the place has negatively affected the breweries since it is their main source of income. They had to develop new distribution channels to keep their business going, such as door-to-door deliveries, brewery apps so customers didn't have to go to the site to buy beer. But there has been a dramatic increase in other beer distribution channels, such as email and e-commerce platforms. Drizly allows customers to order a variety of alcoholic beverages directly from local retailers.

Regional Analysis:

North America is a growing region. This can be attributed to the high rates of beer consumption in this region. The US market has grown slowly due to consumer preference for traditional beer over craft beer. Improved technology and the use of higher quality grains as raw materials have improved the general characteristics that intrigue the attention of consumers.

Leading Company

Alfa Laval had the largest share of the North America Brewery Equipment Market in terms of sales revenue in 2021.

North America Brewery Equipment Market Key Players

The North America Brewery Equipment Market is concentrated with well-established players. Key players in the North America Brewery Equipment Market include

1. Della Toffola

2. Alfa Laval

3. Kaspar Schulz GmbH

4. Paul Mueller

5. Krones AG

6. Criveller Group