Microbrewery equipment market is to grow at a CAGR of 15.85% from 2022 to 2027, Increasing on-premises craft beer consumption is a leading trend - Technavio

NEW YORK, Feb. 24, 2023 /PRNewswire/ -- According to Technavio, the global microbrewery equipment market size is estimated to grow by USD 14,923.15 million from 2022 to 2027. The market is estimated to grow at a CAGR of 15.85% during the forecast period. Moreover, the growth momentum will accelerate. North America will account for 35% of the market's growth. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on the historic (2017 to 2021) and forecast market size (2022 to 2027) - Request a sample report

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Microbrewery equipment market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on product type (fermentation systems, mashing systems, cooling systems, filtering systems, and others), and type (Automatic, Manual, and Semi-automatic). 

• The fermentation systems segment by deployment will grow at a significant rate during the forecast period. The fermentation process takes the longest time compared with the other processes involved in the production of craft beer, and hence, microbreweries require many fermentation systems to store large volumes of unprocessed craft beer, which increases their adoption. Many vendors in the market are offering fabricated tanks and on-site fabricated tanks that are tailor-made solutions for fermentation systems.

Geography Overview
By geography, the global microbrewery equipment market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global microbrewery equipment market.

• North America is estimated to account for 35% of the growth of the global market during the forecast period. Factor such as the consumption of craft beer has increased in the region because people are interested in consuming different varieties of alcohol on various occasions. Their purchasing and drinking decisions are influenced by the limited editions or seasonal craft beer types, price, origin, and happy hours. Therefore, the increasing craft beer consumption is supporting the growth of the global market.

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Microbrewery equipment market – Market Dynamics
Key factor driving market growth

• The shift in consumers' tastes and preferences is notably driving market growth.
• Consumers prefer locally produced beer as they feel a sense of pride in associating themselves with a beer produced in a particular region.
• Locally brewed beer is also available in unique styles and flavors, which attracts consumers to buy such beer.
• As a result of the popularity of locally brewed beer, many craft brewers are trying to brand their beer by associating it with a state or region.
• Even brewpubs and local restaurants are emphasizing local products and flavors. Hence, these factors are expected to drive the growth of the global market during the forecast period.

Leading trends influencing the market 

• The increasing on-premises craft beer consumption is an emerging trend in the market. 
• The overall consumption of beer has decreased in the US, which is the second-largest beer market globally. However, there has also been a steep rise in the demand for craft beer, especially from microbreweries.
• On-trade distribution channels, popularly known as on-premise distribution channels, include establishments where buyers consume craft beer at the place of purchase. Different types of on-trade distribution channels include bars, pubs, clubs, restaurants, and hotels.
• The growth of the on-trade distribution segment is mainly driven by the rising consumption of craft beer at bars and pubs, particularly by the millennial population. Therefore, these factors are likely to fuel the growth of the market during the forecast period.

Major challenges hindering market growth

• The presence of substitutes is a major challenge impeding market growth. 
• The craft beer market and the beer market are facing intense competition from other types of alcoholic beverages such as wine and spirits.
• This is because the demand and consumption of wine and spirits are high globally. A wide range of spirits such as whiskey, scotch, and vodka attract a large number of individuals.
• The wine encourages a large number of health-conscious individuals to switch from other alcoholic beverages to wine.
• To sustain in the growing competitive market, craft beer manufacturers and equipment providers need to experiment and introduce new varieties of beer and rebuild consumers' trust and interest in craft beer. Thus, such factors are expected to hinder the growth of the market during the forecast period.

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What are the key data covered in this microbrewery equipment market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the microbrewery equipment market between 2023 and 2027
• Precise estimation of the size of the microbrewery equipment market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the microbrewery equipment market industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of microbrewery equipment market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global microbrewery equipment market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global microbrewery equipment market 2017 - 2021 ($ million)

• 4.2 Product type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product type Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product Type

• 6.1 Market segments
• Exhibit 30: Chart on Product Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product Type - Market share 2022-2027 (%)

• 6.2 Comparison by Product Type 
• Exhibit 32: Chart on Comparison by Product Type
• Exhibit 33: Data Table on Comparison by Product Type

• 6.3 Fermentation systems - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Fermentation systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Fermentation systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Fermentation systems - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Fermentation systems - Year-over-year growth 2022-2027 (%)

• 6.4 Mashing systems - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Mashing systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Mashing systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Mashing systems - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Mashing systems - Year-over-year growth 2022-2027 (%)

• 6.5 Cooling systems - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Cooling systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Cooling systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Cooling systems - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Cooling systems - Year-over-year growth 2022-2027 (%)

• 6.6 Filtering systems - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Filtering systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Filtering systems - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Filtering systems - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Filtering systems - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Product Type 
• Exhibit 54: Market opportunity by Product Type ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 55: Chart on Type - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 57: Chart on Comparison by Type
• Exhibit 58: Data Table on Comparison by Type

• 7.3 Automatic - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Automatic - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Automatic - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Automatic - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Automatic - Year-over-year growth 2022-2027 (%)

• 7.4 Manual - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Manual - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Manual - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Manual - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Manual - Year-over-year growth 2022-2027 (%)

• 7.5 Semi-automatic - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Semi-automatic - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Semi-automatic - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Semi-automatic - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Semi-automatic - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 71: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 73: Chart on Market share by geography 2022-2027 (%)
• Exhibit 74: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 75: Chart on Geographic comparison
• Exhibit 76: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 85: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 93: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027 
• Exhibit 113: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 115: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 116: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 117: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 118: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 119: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 120: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 121: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 122: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 123: Matrix on vendor position and classification

• 12.3 ALFA LAVAL
• Exhibit 124: ALFA LAVAL - Overview
• Exhibit 125: ALFA LAVAL - Business segments
• Exhibit 126: ALFA LAVAL - Key offerings
• Exhibit 127: ALFA LAVAL - Segment focus

• 12.4 ATS Automation Tooling Systems Inc. 
• Exhibit 128: ATS Automation Tooling Systems Inc. - Overview
• Exhibit 129: ATS Automation Tooling Systems Inc. - Product / Service
• Exhibit 130: ATS Automation Tooling Systems Inc. - Key offerings

• 12.5 BrauKon GmbH
• Exhibit 131: BrauKon GmbH - Overview
• Exhibit 132: BrauKon GmbH - Product / Service
• Exhibit 133: BrauKon GmbH - Key offerings

• 12.6 Criveller Group
• Exhibit 134: Criveller Group - Overview
• Exhibit 135: Criveller Group - Product / Service
• Exhibit 136: Criveller Group - Key offerings

• 12.7 Della Toffola Spa
• Exhibit 137: Della Toffola Spa - Overview
• Exhibit 138: Della Toffola Spa - Product / Service
• Exhibit 139: Della Toffola Spa - Key offerings

• 12.8 GEA Group AG
• Exhibit 140: GEA Group AG - Overview
• Exhibit 141: GEA Group AG - Business segments
• Exhibit 142: GEA Group AG - Key offerings
• Exhibit 143: GEA Group AG - Segment focus

• 12.9 Hypro Engineers Pvt. Ltd. 
• Exhibit 144: Hypro Engineers Pvt. Ltd. - Overview
• Exhibit 145: Hypro Engineers Pvt. Ltd. - Product / Service
• Exhibit 146: Hypro Engineers Pvt. Ltd. - Key offerings

• 12.10 KASPAR SCHULZ GmbH
• Exhibit 147: KASPAR SCHULZ GmbH - Overview
• Exhibit 148: KASPAR SCHULZ GmbH - Product / Service
• Exhibit 149: KASPAR SCHULZ GmbH - Key offerings

• 12.11 KRONES AG
• Exhibit 150: KRONES AG - Overview
• Exhibit 151: KRONES AG - Business segments
• Exhibit 152: KRONES AG - Key offerings
• Exhibit 153: KRONES AG - Segment focus

• 12.12 LEHUI
• Exhibit 154: LEHUI - Overview
• Exhibit 155: LEHUI - Product / Service
• Exhibit 156: LEHUI - Key offerings

• 12.13 Norland International 
• Exhibit 157: Norland International - Overview
• Exhibit 158: Norland International - Product / Service
• Exhibit 159: Norland International - Key offerings

• 12.14 Paul Mueller Co. Inc. 
• Exhibit 160: Paul Mueller Co. Inc. - Overview
• Exhibit 161: Paul Mueller Co. Inc. - Business segments
• Exhibit 162: Paul Mueller Co. Inc. - Key offerings
• Exhibit 163: Paul Mueller Co. Inc. - Segment focus

• 12.15 Portland Kettle Works 
• Exhibit 164: Portland Kettle Works - Overview
• Exhibit 165: Portland Kettle Works - Product / Service
• Exhibit 166: Portland Kettle Works - Key offerings

• 12.16 Specific Mechanical Systems Ltd. 
• Exhibit 167: Specific Mechanical Systems Ltd. - Overview
• Exhibit 168: Specific Mechanical Systems Ltd. - Product / Service
• Exhibit 169: Specific Mechanical Systems Ltd. - Key offerings

• 12.17 SpectraA Technology Solutions Pvt. Ltd. 
• Exhibit 170: SpectraA Technology Solutions Pvt. Ltd. - Overview
• Exhibit 171: SpectraA Technology Solutions Pvt. Ltd. - Product / Service
• Exhibit 172: SpectraA Technology Solutions Pvt. Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 173: Inclusions checklist
• Exhibit 174: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 175: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 176: Research methodology
• Exhibit 177: Validation techniques employed for market sizing
• Exhibit 178: Information sources

• 13.5 List of abbreviations 
• Exhibit 179: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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