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

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 Home brewers Association reports a growing trend: around 1.2 million people in the U.S. now make their own beer at home. This surge is driving the expansion of the home beer brewing machine industry. Manufacturers are focusing on integrating advanced technology, leading to the development of IoT-enabled (Internet of Things) home beer brewing machines. These machines are automated and come with new features to stay competitive, fueling the growth of the market. Home beer brewing machines come in various sizes and capacities and are known for their easy installation, which contributes to their popularity. Multifunctional machines are becoming more popular, increasing demand. Manufacturers are investing in Research and Development (R&D) to create technologically advanced products. One notable example is LG, an electronics giant entering the beer market with the world's first capsule beer brewing machine for home use. These machines are smart, efficient, and durable, allowing users to control various processes through mobile apps. Features like Wi-Fi connectivity, touchscreen displays, multi-tap systems, and digital thermostats make these devices even more appealing.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Home Beer Brewing Machine Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Home Beer Brewing Machine Market Segmental Analysis

The global home beer brewing machine market is segmented on the basis of product, mechanism, region. By product, the market is segmented into mini brewer, full-size brewer. By mechanism, the market is segmented into automatic, manual. By Region, the market is segmented into North America, Europe, Latin America, Asia- Pacific, Middle East and Africa.

Drivers of the Global Home Beer Brewing Machine Market

More and more consumers want to make their own unique beer flavors, which is increasing the demand for home brewing machines that let them experiment with different recipes.

Restraints in the Global Home Beer Brewing Machine Market

In some areas, people might not know much about home beer brewing machines, which can slow down how much the market grows.

Market Trends of the Global Home Beer Brewing Machine Market

The increasing popularity of craft beer and the desire for unique brewing experiences are leading to more demand for home beer brewing machines.