The microbrewery supplies market size has been valued at USD 1,332.1 Million in 2023 and is expected to grow to US$ 2,211.5 Million by 2033, at a CAGR of 5.2% during the forecast period.
The COVID-19 pandemic has caused a lot of disruptions in different industries and the Microbrewery Supplies market is no different. The most immediate impact of the pandemic has been on the manufacturing and supply of microbrewery supplies. Many manufacturers have had to shut down their operations due to the lockdown measures imposed in different parts of the world.
The new companies are launching brewing machines that produce the most organic and foamed beer. The restoration of clubs and bars post-pandemic with native touch and enhanced marketing through the beer companies have flourished the demand for microbreweries. These microbreweries can be set up in a small and customized space. The increased convenience along with the multiple containers for beers have fueled the demand for these microbreweries’ equipment.
The fermentation process has never been faster than this along with the increased size of the tank. The new material has also accelerated the beer-making process and further initiated the brewing process. The new and advanced technology makes it efficient for brewing procedures along with the limit of power consumption along with the grade and material.
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The market is evolving rapidly. A decade ago, there were only a handful of suppliers catering to the needs of the emerging craft beer industry. Today, there are hundreds of suppliers competing for the attention of brewers large and small. The result is a more diverse and innovative marketplace that is better equipped to meet the needs of today’s brewers.
Key Takeaways:
- Germany currently has a Microbrewery Supplies market share of around 21.8% in the Global market.
- Micro-Breweries are the major user of this type of equipment.
- During the forecast period, the Microbrewery Supplies market is expected to grow at a rapid CAGR of 5.2%.
- In the North American Region, the Microbrewery Supplies market is dominated by the United States, with a global market share of 33.2%.
- In terms of Microbrewery Supplies market size, the United States is expected to have a total market capitalization of USD 442.3 million in 2023.
- During the forecast period, the UK Microbrewery Supplies market is expected to grow at a CAGR of 6.5%.
“As the popularity of microbreweries has grown in recent years, so has the demand for supplies. The growth of microbreweries has also led to an increase in demand for Microbrewery Supplies.”, an FMI consultant explains
Competitive landscape:
The top 5 manufacturers of microbrewery Supplies are ICC Northwest Inc, Krones AG, Paul Mueller Company, BrauKon GmbH, and Shanghai HengCheng Beverage Equipment Co. Ltd.
The competitive landscape of the Microbrewery Supplies market is highly fragmented, with a large number of small and medium-sized suppliers competing for market share. The key players in the market are expected to focus on expanding their product portfolios and geographical reach to gain a competitive advantage.
Recent Market Developments
- The Krones AG provides an integrated solution to the microbrewery owners that brews, ferments, and stores the beer for you. The process of turning water into a beer can be done within a few steps.
- The paul Mueller co. has introduced special supplies for craft beer setups that work to deliver the perfect beer in a faster way.
Get More Valuable Insights
Future Market Insights, in its new offering, provides an unbiased analysis of Microbrewery Supplies presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033.
The study provides valuable insight into the Microbrewery Supplies market based on Equipment Type (Brewing Kit, Filtration Systems, Fermentation Systems, Mashing, Cooling and Others), Automation (Fully Automatic, Semi-automatic, and Manual), Application (Ale Beer, Lager Beer, Stout Beer, Witbier, and Others).
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