NEWARK, DE / ACCESSWIRE / January 25, 2023 / According to a new report published by Future Market Insights, the global automated brewing system market is projected to be valued at US$ 1,152.2 million in 2023. A valuation of US$ 1,609.7 million is expected to be recorded by the global market in 2033. The report further mentions that the market is set to witness a CAGR of 3.4% in the assessment period (2023 to 2033).
Increasing demand for craft beer among millennials and gen z in emerging nations is projected to drive sales of automated brewing systems. Key beverage manufacturers are set to launch innovative craft beers in unique flavors during the forecast period.
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In November 2022, for instance, Katrina Brewing Co., a artisanal non-alcoholic beer firm, launched its first non-alcoholic beer in the USA. The company introduced two flavors, namely, Lime & Sea Salt and Mexican Lager. The former was inspired by authentic Mexican cheladas to provide an invigorating taste of summer throughout the year, whereas the latter is a well-balanced, crisp lager that is made from superior malt. It can be perfectly paired with numerous Mexican food items.
Several sports groups and celebrities, on the other hand, are focusing on attracting a large client base by collaborating with each other and introducing new beers. In January 2023, for instance, Terre Haute Brewing Company, one of the oldest breweries of Indiana, teamed up with Indiana State University Athletics to co-launch Crossroads Cream Ale.
Both organizations aim to promote Indian as the Crossroads of America, and the beer cans will feature the Sycamore athletic logo, as well as the Indiana State University Athletics school colors. Crossroads Cream Ale will be brewed by using corn and barley, as well as magnum hops for providing an everyday beer to the Sycamores.
Day consumption of beers with low alcohol content has become a prominent trend across the globe. Key companies are projected to launch low- alcohol by volume classic styles that one can consume while watching a game or doing any other activities. It is expected to stand in contrast to late-night drinking sessions in pubs or office-based happy hours.
According to the Brewers Association, sales volume of beer in the USA reached 7.9% in 2021, while imports exceeded 8.5% in the same year. Around 18.4% of beer production in the USA came from microbreweries, 1.4% from contract brewing companies, 65.7% from regionals, 8.1% from taprooms, and 6.4% from brewpubs.
Increasing inclination toward hop-forward flavors of classic styles from popular hazy Indian pale ales is another vital factor that would augment sales of automated brewing systems across the globe. Sales of Berliner Weisse, which are considered to be sour and cloudy beers with a unique lactic acid flavor, are set to skyrocket among craft connoisseurs as they are striving to rediscover classic beers.
In March 2021, for instance, Neptune Brewery based in Liverpool, launched its first Berliner Weisse called Wave Rider. As per the company, the new beer is a thirst-quenching drink that is both refreshing and spritzy. Pineapple and raspberry spritzy were added to the drink for offering an additional tartness. It also provides a tinge of sweetness. Wave Rider can be directly purchased from the company's official website and is available in the can format.
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Key Takeaways from the Automated Brewing System Market Study:
- The USA automated brewing system market is projected to generate a share of around 34.7% in the next ten years.
- China automated brewing system market is anticipated to witness steady growth at a robust CAGR of 5.8% during the forecast period.
- In the historical period from 2017 to 2022, the automated brewing system market exhibited 4.9% CAGR.
- By product type, mini brewers are expected to generate high share during the assessment period.
- The global automated brewing system market is anticipated to exceed a valuation of US$ 1,609.7 million by 2033.
Competition Landscape: Automated Brewing System Market
Few of the leading companies present in the global automated brewing system market include BREWIE, Brew Jacket LLC, PicoBrew Inc., HomeBrew West, MiniBrew BV, BrewArt, LG Corporation, Kickstarter, PBC Coffee, Speidel Tank-und Behälter bau GmbH, and Williams Warn Ltd., among others.
Leading players are focusing on investing huge sums in research and development activities for coming up with cutting-edge solutions. Few companies are engaging in collaborations, partnerships, and joint ventures with regional players to expand their geographic presence and co-develop innovative systems for bulk coffee or beer production.
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One of the recent developments in the global automated brewing system market include:
- In January 2023, Tone, a leading coffee equipment manufacturer headquartered in Switzerland, launched Tone Touch 03 equipped with tankless water heater technology. The new device is the company's tea and coffee brewing machine. It is also considered to be an urn-free and automated drip brewer. It is capable of brewing 1.5-liter batches. It was mainly designed to accelerate the consistency and precision of pulse, flow, and temperature control available on filter tea and coffee brewing equipment.
- In December 2022, iGulu, a USA-based craft beer home brewing equipment provider, unveiled its fully-automated micro-brewing system named Magellan. It has gained positive reviews and acceptance in immensely popular barbeques, taverns, and hot spots across Asia. It provides customization features for professional brewers, as well as a wide range of cloud-stored recipes for rookie brewers.
Get More Valuable Insights into Automated Brewing System Market
Future Market Insights, in its new offering, provides an unbiased analysis of the automated brewing system market presenting historical demand data (2017 to 2022) and forecast statistics for the period from (2023 to 2033). The study divulges compelling insights on the demand for automated brewing systems based on product type (full size brewer, mini brewer), mechanism (manual, semi-automatic, fully automatic), capacity (less than 5 liters, 5 to 10 liters, 10 liters & above), and region.
Automated Brewing System Industry by Category
By Product Type:
- Full-Size Brewer
- Mini Brewer
By Capacity:
- Less than 5 liters
- 5 to 10 liters
- 10 liters and above
By Mechanism:
- Manual
- Semi-automatic
- Fully Automatic
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa (MEA)
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Table of Content
1. Executive Summary | Automated Brewing System Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.2. Scenario Forecast
3.3. Product launches & Recent Developments
3.4. Product Life Cycle Analysis
3.5. Value Chain Analysis
3.6. Global - Pricing Analysis
3.7. Forecast Factors - Relevance & Impact
3.8. PESTLE and Porter's Analysis
3.9. Regulatory Landscape
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
3.13. Consumers Survey Analysis
3.14. Macro-Economic Factors
3.15. Product Claims & Nutritional Information scanned by Buyers
4. Global Analysis 2017 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2017 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033
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