The global home beer brewing machine market size is
anticipated to reach USD 29.8 million by 2025, according to a new report by
Grand View Research, Inc. It is expected to expand at a CAGR of 13.9% during
the forecast period. Rising popularity of homemade beer among millennials
especially in U.S., Germany, and U.K. is expected to drive the market.
Moreover, increasing consumption of craft beer across the world is a major
driving factor for the increasing penetration of local brewery, thereby
positively impacting the market growth.
Rising preference for fresh beer
along with the rising trend of on premise sales is also expected to fuel the
market growth. In addition, increasing demand for premium beer such as craft
beer and draught beer on account of changing consumer lifestyle coupled with
increased per capita income is anticipated to bode well for the product demand.
In terms of product, mini brewer
held the leading market share of approximately 67.1% in 2018. However,
full-size brewer is anticipated to expand at the fastest CAGR of 14.6% from
2019 to 2025. The market is driven by increasing number of small-scale and
independent brewers in U.S., Europe, and New Zealand. For instance, according
to studies, part-time craft beer market is growing steadily in New Zealand.
Data shows that exports of higher alcohol beers, especially of craft styles,
grew from USD 1 million in 2011 to USD 4.5 million in 2016.
On the basis of mechanism,
automatic machines held the largest market share of approximately 87.1% in
2018. Increasing adoption of automatic brewing machine at brewpubs, bars, and
restaurants is mainly attributed to growing popularity of craft beer. Moreover,
microbreweries interested in producing pilot batches of craft beers, cold brew
coffee, kombucha, and spirits, is anticipated to further fuel the demand for
automatic machines over the forecast period.
Asia Pacific is expected to
witness the fastest CAGR of 16.0% from 2019 to 2025 on account of increasing
production and consumption of craft beer. Moreover, rise in the number of
breweries accounting for major share of craft and draught beer is further
driving the demand for home beer brewing machine.
For Full Research Report On Home Beer Brewing Machine Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/home-beer-brewing-machine-market
Further key
findings from the report suggest:
- North America is anticipated
to expand at a CAGR of 13.0% from 2019 to 2025. The market is driven by
growing popularity of craft beer among young consumers, owing to the
availability of variety of flavors, including malted barley, chestnut, and
honey among others
- Europe and Middle East and
Africa (EMEA) home beer brewing machine market is projected to reach USD
9.8 million by 2025
- Asia Pacific is anticipated
to expand at the fastest CAGR of 16.0% from 2019 to 2025, owing to rise in
product availability
- The global market is highly
competitive in nature. Key industry participants include Brewie and
PicoBrew, Speidel Tank-und Behälterbau GmbH, Kickstarter, PBC,
WilliamsWarn Ltd, HOME BREW WEST, BrewJacket LLC, LG Electronics., and
BREWART
Request a Sample Copy of the Report @ https://www.grandviewresearch.com/industry-analysis/home-beer-brewing-machine-market/request/rs1
Grand View Research has segmented
the global home beer brewing machine market by product, mechanism, and region:
Home Beer Brewing
Machine Product Outlook (Revenue, USD Thousand, 2015 - 2025)
- Mini Brewer
- Full-size Brewer
Home Beer Brewing
Machine Mechanism Outlook (Revenue, USD Thousand, 2015 - 2025)
- Automatic
- Manual
Home Beer Brewing
Machine Region Outlook (Revenue, USD Thousand, 2015 - 2025)
- Americas
- U.S.
- Canada
- Brazil
- EMEA
- Germany
- U.K.
- Italy
- Asia Pacific
- New Zealand
- Australia
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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