In 2024, the US importation of brewery machinery is forecasted to reach $111.78 million. The data projects a steady growth in imports, reaching $124.4 million by 2028. This reflects a consistent year-on-year growth rate of approximately 2.9%, showcasing a healthy demand in the market for brewery technology advancements and expansions. For context, in 2023, the import value was slightly lower, providing a basis for this upward trend.
Future Trends to Watch For:
- Market dynamics driven by increasing microbrewery and craft brewing sectors.
- Technological advancements improving efficiency and capabilities of brewery machinery, further stimulating imports.
- Potential regulatory changes impacting import tariffs and trade agreements.
- Environmental considerations pushing demand for more sustainable and energy-efficient brewing equipment.