[193+ Pages Report] Facts & Factors published the latest report on Global Beer Processing Market. We at Facts & Factors estimate the beer processing market will reach a projected value of USD 823.1 Billion by 2026 growing at a CAGR of 3.9% from an initial value of USD 698 Billion in the year 2020.
Beer processing is the process of producing beet by steeping a starch source such as cereal grains in water and fermenting the resulting sweet liquid format with yeast-based properties. The beer mixing is done in a brewery or by a commercial brewer in a home-based setting, or even in a communal setting. The most basic ingredients of beer are water and a fermentable starch source such as malted barley as the resulting solution is infested with yeast and flavored with hops.
The primary driving factor for the significant growth of the global beer processing market is a rising trend of low or no alcohol-based beer coupled with an increasing number of microbreweries to name a few. Additionally, the rising number of brewpubs coupled with an increasing number of key market players in the global overview is expected to increase the footprint of the global beer processing market during the forecast period. Moreover, rising product innovations coupled with technological advancements in the brewery equipment market are expected to increase the footprint of the global beer processing market during the forecast period.
The global beer processing market is expected to be driven by factors pertaining to increasing consumer preference for superior blends coupled with local integration of distribution channels to name a few. Factors pertaining to the introduction of sweetened and non-alcoholic beverages are expected to fuel the growth of the global beer processing market during the forecast period. However, a higher cost of fermentation coupled with irregular waiting times is expected to decrease the market share of the global beer processing market during the forecast duration.
The global beer processing market is segmented into type, equipment type, brewery type, and region.
The global beer processing market is divided into larger, ale and stout, specialty beer, and low alcohol beer on the basis of type. The segment pertaining to lager is expected to witness the largest market share during the advent of the forecast owing to an increasing consumer base coupled with the rising trend of consuming craft beer to name a few. The global beer processing market can be broken down into microbrewery equipment and craft brewery equipment on the basis of equipment type. The craft brewer equipment segment is expected to occupy the largest market share during the advent of the forecast owing to a growing trend of craft beer consumption coupled with an increasing number of craft breweries to name a few. The global beer processing market is fragmented into a microbrewery, craft breweries, microbreweries, brewpubs, and others on the basis of brewery type. The microbrewery category is expected to witness the largest market share during the advent of the forecast owing to the integration of various beer processing measures coupled with decreased risks of infections during the brewing process.
Report Attribute |
Details |
Market Size in 2020 |
USD 698 Billion |
Projected Market Size in 2026 |
USD 823.1 Billion |
CAGR Growth Rate |
3.9% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Alfa Laval, GEA Group, Krones Group, Paul Mueller, Praj Industries, Inc., Ningbo, Carlsberg Group, Heineken, Asahi Group Holdings Ltd., Molson Coors Brewing Company, Tsingtao Brewery Co. Ltd, Holdings Ltd, and Anheuser Busch Inbev N.V, among others |
Key Segments |
Type, Equipment Type, Brewery Type, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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Asia-Pacific is expected to witness the largest market share during the advent of the forecast owing to a rising trend of premiumization of beer articles coupled with the increasing popularity of low or no alcohol beer to name a few. Additionally, increased penetration of international players in the region coupled with a rising preference for premium beers is expected to increase the footprint of the beer processing market during the forecast period. North America is expected to witness the fastest growing CAGR during the advent of the forecast owing to the rising investments by the key market participants coupled with rising demand for craft beer in the region to name a few.
The key market participants for the global beer processing market are:
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