Global Home Beer Brewing Machine Market

Home Beer Brewing Machine Market Size, Share, Growth Analysis, By Product(Mini Brewer, Full-size Brewer), By Mechanism(Automatic, Manual), By Region - Industry Forecast 2024-2031


Report ID: SQMIG30F2040 | Region: Global | Published Date: March, 2024
Pages: 198 | Tables: 61 | Figures: 65

Home Beer Brewing Machine Market Insights

Global Home Beer Brewing Machine Market size was valued at USD 20.60 million in 2022 and is poised to grow from USD 21.22 million in 2023 to USD 26.88 million by 2031, growing at a CAGR of 3% in the forecast period (2024-2031).

The American Homebrewers Association highlights a growing trend, revealing that approximately 1.2 million individuals in the U.S. now opt to craft their own beer at home. This surge is a driving force propelling the expansion of the home beer brewing machine industry. An industry-wide focus on integrating advanced technology has led to the development of IoT-enabled (Internet of Things) home beer brewing machines. Manufacturers are keenly introducing innovative, automated brewing devices, enriched with novel features, to maintain a competitive edge. These factors collectively contribute to the dynamic growth of the home beer brewing machine market, both in terms of sales value and market reach.

Diverse in size and capacity, these brewing machines are characterized by their user-friendly installation, a factor significantly contributing to their surging popularity. The trend toward multifunctional machines is gaining momentum, consequently boosting demand. In response, manufacturers are intensifying Research and Development (R&D) efforts to unveil technologically advanced offerings.

A noteworthy instance is the foray of electronics giant LG into the beer market, marking a milestone with the introduction of the world's inaugural capsule beer brewing apparatus for home use. These machines exemplify intelligence, efficiency, and durability, allowing users to control various processes—ranging from mashing and boiling to fermenting, conditioning, filtering, and packaging—via mobile applications. The inclusion of features like Wi-Fi connectivity, intuitive touchscreen displays, multi-tap systems, and digital thermostats enhances the appeal of these devices.

US Home Beer Brewing Machine Market is poised to grow at a sustainable CAGR for the next forecast year.

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Home Beer Brewing Machine Market size was valued at USD 20.60 million in 2022 and is poised to grow from USD 21.22 million in 2023 to USD 26.88 million by 2031, growing at a CAGR of 3% in the forecast period (2024-2031).

The competitive landscape of the home beer brewing machine market is characterized by a dynamic interplay between established players and emerging contenders, all seeking to capitalize on the growing demand for personalized brewing experiences. Established appliance manufacturers leverage their brand recognition, distribution networks, and technological expertise to maintain a substantial market share. These industry giants often offer a diverse portfolio of brewing machines, catering to various consumer preferences and skill levels. 'Anvil Brewing (United States)', 'PicoBrew (United States)', 'Brewie (Hungary)', 'Grainfather (New Zealand)', 'Speidel (Germany)', 'MiniBrew (Netherlands)', 'Brewart (Australia)', 'Northern Brewer (United States)', 'WilliamsWarn (New Zealand)', 'Robobrew (Australia)'

Consumers are increasingly seeking ways to create their unique beer flavors, driving the demand for homebrewing machines that allow experimentation.

Rise of Craft Culture: The growing popularity of craft beer and the desire for unique, personalized brewing experiences are driving the demand for home beer brewing machines.

Craft beer production and consumption are steadily expanding on a scale. America dominates the market with an impressive 55.0% share. Notably, the surge in homemade beer's popularity among millennials acts as a pivotal catalyst driving regional growth. Furthermore, a growing inclination toward unique craft beer meticulously brewed by microbreweries has substantially heightened the demand for such offerings in this geographic area.

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Global Home Beer Brewing Machine Market

Report ID: SQMIG30F2040

$5,300
BUY NOW GET FREE SAMPLE