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According to a new report Global Home Beer Brewing Machine Market, published by KBV research, The Global Home Beer Brewing Machine Market size is expected to reach $37.3 Million by 2026, rising at a market growth of 13.8% CAGR during the forecast period.
Mini brewer recorded substantial market traction. Furthermore, the increasing trend in home brewing is the main factor driving demand for a mini brewer from 2019 to 2025 especially in the U.S. It is predicted that technical advancements combined with increasing R&D investment would stimulate growth.
Full-size brewer is projected to grow at the highest growth. The increasing number of breweries is largely due to the escalating consumer popularity of craft beer. Increasing numbers of small-scale and independent breweries are expected to bode well for market growth in the coming years in the U.S., Europe, and New Zealand.
Automatic machines held the leading market share. Advanced software development combined with enhanced functionality has increased the acceptance of automated beer brewing machines. In 2019, for example, PicoBrew launched Z Series, a professional, all-grain automatic brewing machine aimed at brewpubs, bars and restaurants, and craft breweries involved in manufacturing pilot lots of draft beers, cold brew coffee, kombucha, and spirits.
The segment of manual machines is expected to see a substantial growth rate over the forecast period. These machines are popular among manufacturers of small-scale and first-time custom craft beer. Increasing numbers of small-scale craft beer producers are expected to drive the market in Western European countries, Australia and New Zealand. The manual brewing process, however, is time-consuming, space demanding, and messy, impeding the market growth.
The North America market dominated the Global Home Beer Brewing Machine Market by Region in 2019. Asia Pacific is projected to see the fastest growth over the forecast period. Rising beer intake is pushing initiate sales on a wide scale in countries such as China and India. Countries like India, China, and Australia among others are expected to contribute to the growing regional market share due to shifting cultural trends and increased craft beer consumption. A huge rise in the establishment of breweries, bars, and pubs in the region is also expected to create opportunities for growth in the regional market. The Europe market is experiencing a CAGR of 13.5% during (2020 - 2026).
Structural Insights: https://www.kbvresearch.com/home-beer-brewing-machine-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of LG Electronics, Inc. (LG Corporation), Brewie Company, MiniBrew B.V., PicoBrew, Inc., Speidel Tank- und Behälterbau GmbH, WilliamsWarn Ltd., Home Brew West, Kickstarter, PBC, BrewJacket, LLC, and AIBrew Corp.
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