Brewery Equipment Market is Predicted to Expand $25.6 billion by 2027
The global brewery equipment market size is estimated to be valued at USD 19.2 billion in 2022 and is projected to reach USD 25.6 billion by 2027, recording a CAGR of 5.9% in terms of value.
Brewery equipment market is gaining traction majorly because of the expanding craft brewery industry. Increased demand for low-alcohol, premium beer, and the establishment of taprooms and microbreweries...
Europe is Projected to Account for the Largest Share in Brewery Equipment Market by 2025
The global brewery equipment market is estimated to be valued at USD 16.8 billion in 2019 and is projected to reach USD 24.0 billion by 2025, recording a CAGR of 6.1% from 2019 to 2025.
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The growing number of microbreweries, as well as brew pubs, have significantly driven the market for brewery equipment. The other factors responsible for driving the global brewery equipment...