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Beer Keg Market To Reach USD 1584.17 Million By Year 2032

The Global Beer Keg market size was valued at USD 1123.67 Million in 2023, and is projected to reach USD 1584.17 Million by 2032, registering a CAGR of 3.89% from 2024 to 2032.

13-05-2024
Swati Kalagate
Consumer Goods and Retail Industry
Pristine Intelligence LLP

According to a new report published by Pristine Intelligence LLP, titled, “Beer Keg Market by Material, Size, Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2024–2032,” the Global Beer Keg market size was valued at USD 1123.67 Million in 2023, and is projected to reach USD 1584.17 Million by 2032, registering a CAGR of 3.89% from 2024 to 2032. A beer keg is a vessel designed for storing and serving beer, typically crafted from stainless steel or aluminium, and is available in a range of sizes with different capacities. Kegs are sealed vessels under pressure that maintain the carbonation and freshness of beer until it is dispensed through a tap or dispenser, typically found in bars, restaurants, and social events featuring a high demand for beer.

Beer kegs preserve the freshness and quality of beer by creating a sealed and pressurized atmosphere. These circumstances stop oxygen from reaching the beer, leading to potential stale or oxidized flavours. Beer kegs are a cost-effective option for serving large amounts of beer without the need for individual bottles or cans, which can be pricier and create packaging waste. Kegs can be used again.

Beer kegs provide an eco-friendlier packaging choice than disposable bottles or cans, decreasing packaging waste produced and reducing the carbon footprint linked to beer consumption. Beer Kegs offer cost savings in the long term for both businesses and individual customers because they can be reused. It removes the necessity of constantly buying disposable packaging, leading to a decrease in packaging expenses. Beer kegs can hold a variety of beer types and sizes, providing flexibility for a wider selection and versatility. Barrels enable the utilization of draft beer dispensing systems, which facilitate the simple and regulated pouring of beer.

Raising awareness about environmental sustainability has led consumers and breweries to prioritize eco-friendly packaging choices like eco kegs. Eco kegs are typically made from materials like stainless steel, can be reused several times, decreasing the need for single-use packaging. Eco kegs require fewer resources for manufacturing, shipping, and recycling because they can be reused, leading to lower energy consumption and decreased greenhouse gas emissions, making them a more environmentally friendly choice. Many governments and regulatory bodies are promoting sustainable practices, such as rewarding breweries that opt for eco kegs or prioritizing eco-friendly packaging options through enforcement measures.

Global Beer Keg Market, Segmentation

The Beer Keg market is segmented based on Material, Size, Type, Application, Distribution Channel, and region.

Material:

Stainless steel is famous for its outstanding durability and long lifespan. Stainless steel beer kegs can endure rough treatment, extreme temperatures, and external impacts without affecting the container's integrity. This factor contributes to their affordability for breweries. Stainless steel's inert properties prevent any interaction with the beer, maintaining its flavors, aromas, and overall characteristics, guaranteeing a fresh and unadulterated drinking experience with every pour.

Stainless steel kegs are frequently utilized in locations such as bars, restaurants, and breweries. These companies often handle large amounts of beer and require durable and reliable kegs to guarantee seamless operations. Stainless steel kegs are a preferred choice for breweries due to their ability to be reused, which improves their sustainability.

Application:

Various businesses within the retail industry, such as bars, restaurants, pubs, hotels, and breweries, serve a significant quantity of beer and often require a substantial supply of draft beer to satisfy their customers' demands. These companies usually choose kegs because they are more efficient and cost-effective for serving beer, rather than using single bottles or cans. Purchasing beer in kegs instead of buying single bottles or cans helps to cut down on packaging and delivery costs.

Kegs offer businesses a more economical choice by allowing them to sell beer at a lower cost per volume unit compared to other packaging alternatives. Kegs provide versatility for serving a range of beer choices, including craft and specialty brews, to cater to a diverse customer base. Businesses favour kegs due to their convenience and speed of service.

Region:

European countries such as Germany, Belgium, and the Czech Republic have well-established beer cultures and are known for their diverse brewing histories. Germany leads the market because of the growing demand for beverages. Europe is where many prominent breweries are located, with the capacity and means to manufacture and deliver significant amounts of beer, including kegs, for both local and global markets. Pubs and eateries in Europe frequently use kegs to dispense draft beer. Europe has experienced an increasing craft beer movement. Craft beer lovers appreciate the quality, flavours, and options provided by craft breweries. European nations draw in a large amount of beer enthusiasts from globally who come to Europe for brewery visits, beer festivals, and famous beer sites, leading to a rise in beer consumption.

Some of The Active Market Players Are-

    • Kegco (USA)
    • TapRite (USA)
    • Perlick (USA)
    • Krones AG (Germany)
    • ZIEMANN International GmbH (Germany)
    • Koruntec International GmbH (Germany)
    • 3M Europe (USA)
    • Criveller (Canada)
    • JBT Corporation (USA)
    • Alfa Laval AB (Sweden)
    • Robert Bosch GmbH (Germany)
    • Parker Hannifin (USA)
    • American Keg Company, LLC (USA)
    • NDL Keg Inc. (USA)
    • Shinhan Industrial Co, Ltd (South Korea), and Other Active Players.

Key Industry Developments

  • March 2023: Gateway Brewing Co. has launched their brand new 5 litre DIY kegs and a whole lot of brews suited to your holiday party. The ‘Party Kegs’ are filled with fresh brews on demand which are designed to be ultra-portable keeping in mind beer enthusiasts’ desire to consume beer anywhere and anytime.
  • March 2023: iKegger, Sydney-based company launched mini-keg. This can fit in a fridge and can also be used upright and taken just about anywhere. It clearly targeted to the at-home consumer.

Key Findings of the Study 

    • Global Beer Keg market growth driven by increasing demand for sustainable and long-term packaging solution.
    • Increasing awareness about environmental sustainability has led consumers and breweries to prioritize eco-friendly packaging choices like eco kegs.
    • Stainless steel beer kegs can endure rough handling, extreme temperatures, and external impacts without affecting their integrity.
    • Europe has a well-established beer culture, with nations such as Germany, Belgium, and the Czech Republic famous for their deep-rooted brewing customs.
Pristine Intelligence LLP

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