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Home Beer Brewing Machines Market By Product Type (Mini Brewer, Full Size Brewer), By Mechanism (Automatic, Manual) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

Penetration of Craft Beer Worldwide to Boost the Demand for Home Beer Brewing Machines

The home beer brewing machines market worldwide is likely to grow with a CAGR of 14.3% throughout the forecast period from 2019 to 2027, starting from US$ 11.4 Mn in 2018. Penetration of craft beer, homemade beer, and growing beer consumption worldwide are the major growth factors for the home beer brewing machines market. In 2018, global beer consumption stood at around 186 Mn kiloliters. The growing trend of house parties and increasing demand for fresh beer among youngsters are other major growth factors for the home beer brewing machines market. As a result, we expect that the home beer brewing machine market will show huge growth during the forecast period.

Market Synopsis

Full-Size Brewer Segment to be the Fastest Growing

In 2018, the global home beer brewing machines market was led by the mini brewer segment. The mini brewer segment had a 63% market revenue share in the same year. The increasing trend of home brewing is the key factor for the dominance of the mini brewer segment. On the other hand, we expect that the full-size brewer segment will be the fastest-growing segment during the forecast period. The increasing popularity of craft beer among millennials is the major reason for the growth of the segment. Growing small-scale brewers is the other major factor for the fastest growth of the full-size brewer segment. Therefore, we expect that the full-size brewer segment will be the fastest growing segment throughout the forecast period.

The Asia Pacific to be the Fastest Growing Region

North America was the largest contributor to the global home beer brewing machines market, followed by Europe and the Asia Pacific, respectively, in 2018. North America accounted for more than 1/2 of the global revenue in the same year. The region has its dominance due to higher popularity and consumer inclination towards home brewing. On the other flip, Asia Pacific will be the fastest growing region owing to people's inclination toward craft and draught beer. In 2018, Asia Pacific was the largest beer consumption region, with around 33% market share, growing by over 6% annually. Further, the changing culture in the Asia Pacific, such as urbanization, changing consumer habits, rising middle class, and others, are some of the major growth factors. Thus, we expect that the Asia Pacific region will be the fastest-growing region during the forecast period.

Some of the prominent players operating in the home beer brewing machines market include Brewie and PicoBrew, Speidel Tank-und Behälterbau GmbH, Williams Warn Ltd, BrewJacket LLC, BREWART, LG Electronics, HOME BREW WEST, Andrew Corp., NEWITY Ltd., and others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The home beer brewing machines market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global home beer brewing machines market based on product type, mechanism, and geography. 

Frequently Asked Questions:

The market for Home Beer Brewing Machines is expected to reach US$ XX Bn 2027.

The Home Beer Brewing Machines market is expected to see significant CAGR growth over the coming years, at 14.3%.

The report is forecasted from 2019-2027.

The base year of this report is 2021.

Brewie and PicoBrew, Speidel Tank-und Behälterbau GmbH, Williams Warn Ltd, BrewJacket LLC, BREWART, LG Electronics are some of the major players in the global market.

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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Nov 2019
Category:  Consumer Goods
Report ID:   60024
Report Format:   PDF
Pages:   120
Rating:    4.5 (60)
Delivery Time: 24 Hours to 48 Hours   
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