Home > Consumer Goods & Services > Appliances > Small Kitchen Appliances > Home Beer Brewing Machine Market
Home Beer Brewing Machine Market size was valued at USD 22 billion in 2023 and is estimated to register a CAGR of over 7.4% between 2024 and 2032. The growing disposable income is driving the market demand. As the liquor industry expands, especially after the COVID-19 pandemic, consumers seek cost-effective solutions to craft beer at home, which is an appealing option.
As economies grow and consumers invest more time for socialization & hobbies, consumers prefer to craft their own beer and additionally, the desire for unique and personalized beverages, and in addition to that, advancements in technology makes brewing more accessible for enthusiasts.
Report Attribute | Details |
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Base Year: | 2023 |
Home Beer Brewing Machine Market Size in 2023: | USD 22 Billion |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 7.4% |
2032 Value Projection: | USD 45 Billion |
Historical Data for: | 2018 – 2023 |
No. of Pages: | 161 |
Tables, Charts & Figures: | 232 |
Segments covered: | Product Type, Mechanism, Distribution Channel, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The presence of a limited number of ingredients for crafting home-based beer can impede the home beer brewing machine market growth by instilling concerns about long-term reliability and maintenance costs of home beer brewing machinery among buyers. The market for home beer brewing machines generates seasonal demand especially during occasions.
The more availability of ingredients and beginner-friendly machines can enhance buyer confidence, making home beer brewing machines more appealing and a low-risk option for businesses looking to expand their operations in a cost-effective way. However, home beer brewing machines have a niche market. They have been more popular in commercial areas rather than residential areas.