Brewery Equipment Market Size, Share, Trend Analysis
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global brewery equipment market size at USD 19.72 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects global brewery equipment market size to grow at a steady CAGR of 6.1% reaching a value of USD 29.68 billion by 2029. Major growth factors for global brewery equipment market include increasing customers' preference for handcrafted beer and other alcoholic beverages, rising brewpubs and beer-producing businesses, and expanding beer culture particularly among young people. Increasing beer consumption is assisting in the global market expansion of all-in-one brewing systems. Beer is becoming increasingly popular due to perceived benefits, such as low calorie count and the presence of a substantial number of antioxidants. It drives the demand for beer brewing equipment. There could be a rise in demand for brewery equipment during...