Latest News- Microbrewery Equipment Market: Fermentation systems is expected to lead the Product Type segment during 2024-2028

The Microbrewery Equipment Market is being driven by Shift in consumers' tastes and preferences

The Microbrewery Equipment Market is expected to grow at a CAGR of 11.23% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 10541.2 million. The microbrewery equipment market in the US has witnessed a significant shift towards canned craft beer. Previously, draft beer was the preferred choice for consumers due to its freshness and taste preservation. However, the landscape has evolved, with aluminum cans gaining popularity. This trend is driven by several factors, including the broader opening in cans that maintains beer's taste by preventing light and oxygen penetration. Additionally, cans keep the beer cold for extended periods and enhance its visual appeal. Furthermore, consumer familiarity with canned craft beer continues to grow, making it an increasingly attractive option for brewers. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product Type
  • Fermentation systems
  • Mashing systems
  • Cooling systems
  • Filtering systems
  • Others
• Type
  • Automatic
  • Manual
  • Semi-automatic
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • APAC
    • China
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Shift in consumers' tastes and preferences
• Increasing product innovations
• Growing demand for craft beer among millennials

However, the market also witnesses some limitations, which are as follows:

• Presence of substitutes of craft beer
• Lack of awareness of craft beer
• High cost of craft beer

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Market Scope in Microbrewery Equipment Market Research Report

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Research Analysis Overview

The microbrewery equipment market is witnessing significant growth due to the rising demand for high-quality beer from small breweries, home brewers, and craft breweries. This market caters to the requirement of state-of-art equipment for brewing, fermentation, and filtration systems. Grains, particularly barley, are the primary raw material in brewing, and monitoring tools for polyphenols, fibre, and vitamins are essential to ensure the production of healthy and flavorful beers. Microbreweries and home brewers often face challenges related to the presence of illnesses and viruses in their beer due to the small scale of their operations. Advanced filtration systems and fermentation equipment help mitigate these issues and maintain the quality of the final product. Lagers, ales, and other beer styles require specific brew house equipment to achieve their unique flavors. Macro breweries, with their large-scale operations, also rely on these systems to maintain consistency and meet high demand. However, the use of outdated or poorly maintained equipment can have a detrimental effect on beer quality and consumer health. Overall, the microbrewery equipment market is a crucial sector in the beer industry, providing small and large breweries with the tools they need to produce high-quality beer and meet the ever-growing demand from beer drinkers.

Market Research Overview

The microbrewery equipment market is a segment of the larger global industrial machinery and supplies and components market. This market encompasses businesses manufacturing equipment and components for the production of beer on a small scale. The size of the global industrial machinery and supplies and components market is determined by the consolidated revenue generated by manufacturers of machinery and components utilized in industrial settings. Factors driving growth in this market include the expanding industrial output in process and discrete industries, particularly in developing countries, leading to increased demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages, including microbrewed beverages.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/