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The Global Beer Processing Market Size is valued at USD 772.18 billion in 2023 and is predicted to reach USD 1155.50 billion by the year 2031 at a 5.37% CAGR during the forecast period for 2024-2031.
Key Industry Insights & Findings from the Report:
- The major driving factors for the growth of the beer processing industry include an increase in the variety of microbrewers and advancements in the beer processing industry.
- The global beer processing market is segmented into macro brewery equipment and craft brewery equipment. The macro brewery equipment segment is sub-segmented into milling equipment, brew house, cooling equipment, fermentation equipment, filtration and filling equipment, and others.
- North America dominated the market and accounted for a revenue share of global revenue in 2023.
- The study has considered the Global Beer Processing Market strategic analysis with respect to individual growth trends and future prospects, along with the contribution of various sub-market stakeholders.
One of the oldest drinks is beer, an alcoholic beverage. Beer is a famous beverage that is produced by fermenting a number of grains, including wheat, rye, and barley, with yeast and water. Increased personal disposable income and the growing popularity of low-alcohol, no-alcohol, and organic beers are the main drivers of the beer processing market's expansion. Other significant factors that influence the growth of the beer processing market are ongoing improvements in brewery equipment and the development and expansion of the beverage sector. Numerous craft brewers, including brewpubs and microbreweries, as well as increasing product innovations by manufacturers, will further foster the market's profitable growth prospects.
A strong marketing strategy and more promotional efforts will both help drive up market value. However, the market's expansion will be significantly hampered by the high energy and maintenance costs involved with beer processing machinery. The development pace of the beer processing market would be further slowed down by high taxes and excise levies. Growing health consciousness will further limit market expansion potential.
Recent Developments:
- In May 2023, Heineken planed to allocate 1.5 billion reais ($300.8 million) in Brazil to expand its premium and single malt beer offerings. According to a statement from the firm, the intended investment is designed to enhance the brewer's manufacturing capabilities for its Amstel, Devassa, and Heineken brands. This investment will be allocated to two facilities located in northeast Brazil.
- In May 2022, Anheuser-Busch InBev released Seven Rivers, a brand-new beer, in the Indian market. The brands Budweiser, Corona Extra, and Hoegaarden are all equivalent to this one.
Competitive Landscape:
Some of the major key players in the Beer Processing Market are:
- Anheuser-Busch InBev
- Heineken N.V.
- United Breweries
- China Resources Snow Breweries Limited
- Alfa Laval
- GEA Group
- Krones
- Ningbo Lehui International Engineering Equipment Co Ltd
- Yanjing Brewery
- The Boston Beer Company, Inc.
- Carlsberg Group
- Dogfish Head Craft Brewery
- Diageo PLC
- Sierra Nevada Brewing Co.
- Squatters Pub
- United Breweries Group
- Praj Industries
- Paul Mueller Company
- LEHUI
- TSINGTAO BEER
- Asahi Group Holdings, Ltd.
- Molson Coors Brewing Company
Market Segmentation:
The Beer Processing Market is segmented on the basis of equipment type, brewery type, beer type, price category and distribution channel. The market is segmented based on equipment type: Macrobrewery equipment (Milling equipment, Brewhouse (Mash kettles, Lauter tun, Wort kettles, Whirlpoolers, Steam generators, Others (hot liquor tanks and cold-water tanks, laboratory equipment, and aeration devices)) Cooling equipment, Fermentation equipment, Filtration & filing equipment, Others (cleaning systems, spent grain silos, generators, bright beer tanks, compressors, and pipes) and Craft brewery equipment (Mashing equipment, Fermentation equipment, Cooling equipment, Storage equipment, Compressors, Others (pumps, filters, and separators)). By brewery type, the market is segmented into Macrobrewery, Craft brewery, Microbrewery, Brewpub and Others (farm breweries and regional breweries). It is further divided into Lager, Ale and Stout, Specialty Beer and Low Alcohol Beer based on beer type. Based on price category, the market is segmented into Mainstream, Discount, Premium and super-premium. Based on the sales channel, the market is segmented into off-trade and on-trade.
Based on beer type, the lager segment is a major contributor to the Beer Processing Market
Beer made with bottom-fermenting yeast is known as lager. More sugar can stay in the mixture. As a result, making the beer smoother and sweeter. To gain more clarity and a better flavor, it also goes through a cold conditioning procedure that other foods do not. This beer is the most popular among customers because it has a more superior sugar content, slower fermentation, and cold treatment, which result in a lighter, clearer appearance, lower alcohol level, and a sweeter, smoother, and crisper flavor.
The Macrobrewery segment witnessed growth at a rapid rate
Large breweries, known as macrobreweries, produce more than 6,000,000 barrels of beer annually. The macrobrewery equipment sector represented a sizeable portion of the worldwide brewery equipment market due to macrobreweries' more enormous capacities and a greater number of facilities. Due to its uniform flavour and quality, beer from major companies continues to be preferred by the majority of customers over artisan beer.
The North America Beer Processing Market holds a significant revenue share in the region.
Over the forecast period, the North American region is expected to develop at the highest CAGR of 7.2%. The expansion results from growing beer producers' investments in nations like Mexico and the United States. Due to the great availability of raw materials and the high demand for various beers, the country of Mexico represents the market with the highest growth potential for beer processing. The growth is primarily attributable to rising disposable income in the region and the rising popularity of beer in the nations of the Asia Pacific due to an increase in demand from countries like China and India. The number of young people who enjoy beer is growing, which has led to considerable growth in beer consumption in India. The consumption of premium and high-quality beers has also been aided by the significant increase in the region's working-class population and an increase in disposable income.
Beer Processing Market Report Scope:
|
Report Attribute |
Specifications |
|
Market size value in 2023 |
USD 772.18 billion |
|
Revenue forecast in 2031 |
USD 1155.50 billion |
|
Growth rate CAGR |
CAGR of 5.37% from 2024 to 2031 |
|
Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments covered |
Brewery Type, Equipment Type, Beer Type, Price Category and Distribution Channel |
|
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
|
Competitive Landscape |
Anheuser-Busch InBev (Belgium), Heineken N.V. (Netherlands), United Breweries (India), China Resources Snow Breweries Limited (China), Alfa Laval (Sweden), GEA Group (Germany), Krones (Germany), Ningbo Lehui International Engineering Equipment Co Ltd (China)., Molson Coors Brewing Company, Yanjing Brewery, The Boston Beer Company, Inc., Carlsberg Group, Dogfish Head Craft Brewery, Diageo PLC, Sierra Nevada Brewing Co., LEHUI, Squatters Pub, United Breweries Group, Praj Industries, and Paul Mueller Company |
|
Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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