The beer pasteurization equipment market size has been valued at USD 1,792.2 Million in 2023 and is expected to grow to US$ 2,627.5 Million by 2033, at a CAGR of 3.9% during the forecast period.
The first major driver of demand for beer pasteurization equipment is simply the growth of the craft beer industry. As more and smaller breweries spring up around the globe, there is an increasing need for efficient and effective ways to pasteurize their products. This has led to a surge in demand for both new and used beer pasteurizers in recent years.
The beer pasteurization equipment market is expected to grow in the forecast period due to the increasing consumption of beer and new launches of flavoured beers. In this regard, the demand for craft beers is high, owing to their rising popularity regarding their extensive flavours, in addition to the regular flavours provided by macro breweries. Furthermore, the increasing appeal of craft beers infused with new ingredients and flavours, including fruity, salty, and tart flavours, among the millennial crowd, along with the growing safety concerns, is adding to the market growth of beer pasteurization equipment.
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The beer pasteurization equipment market size is predicted to expand over the coming years owing to the technological advancements in the market to develop equipment that helps boost the efficiency and accuracy of beer pasteurization equipment. Moreover, the emerging trend of beer tourism is also propelling the consumption of beer across the globe, thus invigorating the market for beer pasteurization equipment.
The beer brewers are focusing on the maintenance of beer quality in order to keep the consumers’ confidence intact and foster market development over the forecast period. Additionally, the emerging demand for premium handcrafted beer produced in small batches is anticipated to contribute to the overall market growth. The growing concerns regarding beer spoilage are also expected to propel the demand for beer pasteurization equipment.
Key Takeaways:
- In the North American region, the beer pasteurization equipment market is dominated by the United States, with a global market share of 37.7%.
- In terms of beer pasteurization equipment market size, the United States is expected to have a total market capitalization of USD 675.7 million in 2023. The beer pasteurization equipment market in the United States is rapidly evolving, owing to the development of new technologies to enable faster, more efficient beer production.
- During the forecast period, the UK beer pasteurization equipment market is expected to grow at a CAGR of 6.3%. The market growth in the country can be credited to the availability of high-quality beer pasteurization equipment at competitive prices.
- Germany currently has a beer pasteurization equipment market share of around 21.1% in the global market. The market growth in Germany can be attributed to immense popularity and easy access to beer in the country. Additionally, the recent increase in the demand for craft beers is also contributing to regional market growth.
Competitive landscape:
The top 5 manufacturers of beer pasteurization equipment are Krones AG, Czech Brewery System s.r.o., AMS Beverage Engineering and Services GmbH, Smart Machine Technologies, and KHS Group.
The beer pasteurization equipment market is highly competitive, with various international and regional players vying for market share. The key challenges faced by the players in this market include the high initial investment required and the stringent regulations regarding food safety.
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Future Market Insights, in its new offering, provides an unbiased analysis of beer pasteurization equipment presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033.
The study provides valuable insight on the beer pasteurization equipment market based on by technology (tunnel pasteurization, and flash pasteurization), by process (batch pasteurization, and continuous pasteurization), by equipment type (plate & frame heat exchanger, tubular heat exchanger, scraped surface heat exchanger, and others).
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