Brewing Chiller Market Is Expected To Rise At A CAGR Of 5.3% During The Forecast Period 2023 to 2033: Future Market Insights, Inc.

Published January 27, 2023

The global brewing chiller market is expected to grow at a CAGR of 5.3% over the forecast period from 2023 to 2033. The market is expected to grow from US$ 1,200.0 Mn in 2023 to US$ 2,011.2 Mn in 2033. The global market was worth US$ 1,139.6 Mn in 2022.

Increasing demand for craft beer and the need to maintain constant quality and temperature during storage and transportation are some of the key factors propelling growth in the global market. Brewing chillers are in high demand worldwide due to the growth of microbreweries and nano breweries.

Breweries all over the world need effective cooling systems to preserve the final product’s quality and flavour. Therefore, it is anticipated that an increase in microbreweries will spur demand for brewing chillers during the forecast period.

For instance, the largest hospitality company in South Asia, Indian Hotels Company Limited (IHCL), and the largest brewer in the world, AB InBev, partnered in September 2020. In Bengaluru’s Taj MG Road, they established the country’s first 7Rivers Brewpub through this partnership. It is regarded as the hotel’s first-of-its-kind brewpub and has a microbrewery on-site.

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To draw in more customers, a number of beverage companies are also introducing cutting-edge drinks. So, during the evaluation period, they are prepared to search for brewing chillers that are incredibly effective and smooth. The market in the U.S. in terms of country is constantly evolving due to the easy availability of technologically advanced brewing chillers with different features and operational capabilities. Thus, various breweries in the country are striving to stay up-to-date on the latest chilling technology in order to maintain a competitive edge.

Key Takeaways: Brewing Chiller Market

  • By the end of 2023, Japan is set to account for 2% of share in the global brewing chiller with market and reach a valuation of US$ 62.4 Mn.
  • By the end of 2023, Australia is projected to account for 7% of share and reach a valuation of US$ 54.3 Mn in the market for brewing chillers.
  • The demand for brewing chillers is projected to grow at 8% CAGR in China between 2023 and 2033.
  • The demand for brewing chillers is expected to grow at 0% CAGR in India between 2023 and 2033.
  • The demand for brewing chillers is expected to grow at 4% CAGR in the U.K. between 2023 and 2033.

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“Accessibility to a wide range of flavors, changing consumer preference, and rising disposable income of consumers are anticipated to push sales of brewing chillers in the assessment period. Besides, surging demand for beer and other fermented beverages would aid growth,” says a lead analyst at Future Market Insights.

Competitive Landscape: Brewing Chiller Market

Top 5 manufacturers of brewing chillers are Blichmann Engineering, Robert Bosch GmbH, Kilkenny Cooling Systems, Robert Bosch GmbH, and Haier Group Corporation among others. The majority of these companies are focusing on mergers & acquisitions, partnerships, and collaborations to expand their portfolios and strengthen their position across the globe. The market is also set to witness the entry of various small-scale brewers who would demand advanced machinery and equipment such as chillers.

Get More Valuable Insights into Brewing Chiller Market

Future Market Insights, in its new offering, provides an unbiased analysis of brewing chiller presenting historical demand data (2018-2022) and forecast statistics for the period from 2023-2033. The study provides valuable insight on the brewing chiller market based on by type (air-cooled, water-cooled, and glycol-cooled), by application (beer, wine, and others), by end user (bars, restaurants, breweries, and cafes), and region.

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Brewing Chiller Market Outlook by Category

By Type:

  • Air-cooled
    • Scroll
    • Screw
    • Reciprocating
  • Water-cooled
    • Shell and Tube
    • Plate and Frame
  • Glycol-cooled

By Application:

  • Beer
  • Wine
  • Others

By End User:

  • Bars
  • Restaurants
  • Breweries
  • Cafes

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • MEA

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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