The global home beer brewing machine market size was valued at $19.1 million in 2020, and is projected to reach $25.4 million by 2030, registering a CAGR of 3.0% from 2021 to 2030.
A home beer brewing machine is a type of brewing machine used to brew beer on a small scale personal or non-commercial purpose. Home beer brewing machines are preferred by consumers on several occasions such as house parties for get together drinks. There are two types of home beer brewing machines available in the market, namely, mini brewer and full-size brewer. Moreover, according to the American Homebrewers Association, presently there are approximately 1.2 million of consumers in the U.S. who prefer to brew their beer at home, owing to which the home beer brewing machine industry is on the rise.
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The industry is focused toward home beer brewing machine embedded with automated technology. Thus, home beer brewing machine manufacturers are launching IoT (Internet of Things) infused with new innovative automated home beer brewing machines and are incorporating new features to remain competitive in the market. Thus, such factors contribute toward growth of the home beer brewing machine market, in terms of value sales.
Covid-19 Impact Analysis
- The outbreak of the COVID-19 pandemic has shown a positive impact on the market.
- During the COVID-19 outbreak, the government imposed lockdowns due to which bars, pubs, and restaurants remained closed for certain period. Therefore, this encouraged consumers to brew their own beer at home. This, in turn, has made a positive impact on growth of the home beer brewing market.
The global home beer brewing machine equipment market is segmented on t are categorized into product type, mechanism, distribution channel, and region. By product type, it is classified into mini brewer and full-size brewer. By mechanism, it is divided into automatic and manual. On the basis of distribution channel, the market is segregated into online channel and offline channel. Region wise, the market is analyzed across North America (the U.S., and Canada), Europe (Germany, the UK, Italy, Russia and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, South Korea, Singapore and rest of Asia-Pacific), and LAMEA (Latin America Middle East and Africa).
By product type, the mini brewer segment accounted for the highest market share in 2020.This is attributable to advance features offered by mini brewers to users such as it guides users at every step, making brewing systems more convenient for users to use. Thus, contributing toward growth of the overall market.
By mechanism, the market is divided into automatic and manual. In 2020, the automated segment accounted for the highest home beer brewing machine market share in the global home beer brewing machine market and is also expected to be the fastest growing segment during the home beer brewing machine market forecast period. This is attributed to rise in number of consumers prefer to consume fresh beer at home and advance features offered by it to the users. By distribution channel, the market is divided into offline channel and online channel. In 2020, the offline channel segment accounted for highest market share in the global home beer brewing machine market.
This is attributed to the fact that these stores provide high-quality service and detailed product specification & expert guidance to customers. In addition, consumers usually prefer to analyze and evaluate products before purchase, thereby boosting retail sales of home beer brewing machine through offline channel. However, online channel is expected to be the fastest growing segment during the forecast period, in terms of value sales.
Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest market share in 2020. The North America dominated the use of home beer brewing machine, owing to the fact that consumers in the region are increasingly preferring these machines, which leads to rise in number of consumers in the U.S. to prefer their own beer at home, which drives demand for home beer brewing machines in this region. However, Asia-Pacific is expected to be the fastest growing market during the forecast period.
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Key players operating in the global home beer brewing machine market focus on prominent strategies to overcome competition and maintain as well as improve their share worldwide. Some of the major players in the global industry analyzed in this report include BEERMKR, BrewArt, LG Electronics, MiniBrew B.V., Northern Brewer, LLC., PicoBrew, Inc., Shandong Zunhuang Brewing Equipment Co., Ltd., Speidel Tank- und Behälterbau GmbH, Spike Brewing, LLC, and WilliamsWarn.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the current home beer brewing machine market trends, estimations, and dynamics of the global home beer brewing machine market for the period of 2020–2030 to identify the prevailing market opportunities.
- The key countries in four major regions have been mapped based on their market share.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region have been mapped according to their revenue contribution to the global industry.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.
- The report includes both regional as well as global the home beer brewing machine market analysis, key players, market segments, application areas, and home beer brewing machine market growth strategies.
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The global Home Beer Brewing Machine Market size is expected to register revenue of USD 29.8 Million from 2019 to 2025, according to a new report by Million Insights.
It is expected to grow with 13.9% CAGR in the upcoming years.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-home-beer-brewing-machine-market/request-sample Market Synopsis of Home Beer Brewing Machine Market: Moreover, these machines are being offered with different capacities and sizes which facilitates their installation at home.
These machines are durable, efficient and smart and have touch screen display, digital thermostats and Wi-Fi connectivity.
The mini brewer segment held the largest market share with 67.1% across the global market in 2018 owing to shifting trend for home brewing coupled with increasing demand across developed countries like the U.S. and Canada.The full-size brewer product segment is expected to register the highest CAGR from 2019 to 2025 due to rising number of breweries across many countries.
The automated mechanism segment held the largest share of around 87.1% across the global market during 2018 owing to increasing influence of automated software coupled with improvement in the aesthetics of such machines.
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