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Home Beer Brewing Machine Market Size

Report ID: GMI6911
Published Date: Feb 2024
Report Format: PDF

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Home Beer Brewing Machine Market Size

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.

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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.

Home Beer Brewing Machine Market Report Attributes
Report Attribute	Details
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:	Availability of wide variety of ingredients such as yeast & malt hops Rising interest in craft beer Technological advancements Growth of online communities
Pitfalls & Challenges:	Difficulty in ensuring consistent quality High initial costs

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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.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Home beer brewing machine industry size was valued at USD 22 billion in 2023 and is estimated to register over 7.4% between 2024 and 2032 owing to the growing disposable income.

In 2023, the mini brewer segment dominated the market, accounting for USD 15 billion and will grow significantly through 2032 owing to the rising technological advancements.

North America home beer brewing machine industry size generated USD 6.3 billion in 2023 and will grow significantly by 2032 due to the thriving craft beer culture and a strong community of home brew enthusiasts.

Brewie, MiniBrew, Shandong Zunho, Grainfather, BrewZilla, Kegco, Anvil Brewing Equipment