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The Beer Brewing Machine Market is likely to hold the global market at a moderate CAGR of ~3.4% during the forecast period. The global market holds a forecasted revenue of ~US$ 42 Billion in 2022 and is likely to cross ~US$ 58.6 Billion by the end of 2032.
The Beer Brewing Machine market is anticipated to show promising growth prospects during the forecast period, expanding the Beer Brewing Machine market size.
Attribute | Details |
---|---|
The Beer Brewing Machine Market Estimated Size (2021) | ~US$ 40.9 Billion |
The Beer Brewing Machine Market Estimated Size (2022) | ~US$ 42 Billion |
The Beer Brewing Machine Market Projected Size (2032) | ~US$ 58.6 Billion |
The Beer Brewing Machine Market CAGR (2022 to 2032) | ~3.4% |
Beer brewing machines make brewing fresh beer at home easy and convenient. These brewing machines are incorporating cutting-edge features and technology and go beyond conventional and traditional methods. Both manually operated and automatically operated beer brewing equipment are available. Beer brewing equipment is perfect for small-scale beer production because of its portability and compact size.
The brewing machines are available from the manufacturers in a range of designs, sizes, and capacities, as well as with the option to create unique recipes. High-end beer brewing equipment also supports synchronization with mobile phones and other devices via Wi-Fi. Beer brewing equipment is also used, and the installation process is straightforward.
Beer brewing machines are gaining popularity in regions where beer consumption is high and drinking beer is which is homemade and customized is considered classy and trending.
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All age groups of alcohol drinkers are enjoying beers worldwide. The increasing demand for different flavoured beers and draught beer are some reasons for the increasing demand for brewing machines. The demand for beer brewing machines with an automatic cleaning system and an easy installation process is also high due to convenience and low maintenance. Changing preferences of beer lovers towards hand-crafted, flavoured beers are having a positive impact on the beer brewing machine market.
The manufacturers are providing different facilities in the machines, helping with the overall brewing process, which is crucial for making a high-quality beer. Digital thermostats, displays, and connectivity functions like Wi-Fi are making the machines reliable and easy to use. The compact design of these machines also helps in handling and storage of these machines when not in use.
Prior to COVID-19, people are avoiding going to crowded places. Pubs and bars are the main markets for beers. But due to safety concerns, people are purchasing beers online or using brewing machines to make beer at home. All these factors are creating positive prospects for the beer brewing machine market.
Beer brewing machines are popular in many regions among beer lovers. But the main restriction is the reach of manufacturers to potential buyers. There are restrictions on the advertisement of alcohol and alcohol-related products. The manufacturers have to self-regulate and promote the products on selected media platforms. This problem is affecting sales, restricting the market.
Asian countries are well known for their cultural diversity. There are many countries where drinking alcohol is considered taboo. There are religious faiths that alcohol consumption is considered a sin. The such negative portrayal of alcohol led to reduced consumption and popularity of beer. Due to cultural restrictions, the beer brewing machine market is facing hindrances.
Asian countries are starting to see a rise in beer consumption. Asian countries like China and India and pacific countries including Australia are observing an increasing number of beer consumers. Due to Western culture and its influence on developing countries, beer is gaining popularity among people. They are also trying flavoured beers, and using brewing machines to brew and drink homemade beer. The increasing demand for pubs, bars, and breweries is having a positive impact on the beer brewing machines market.
European countries are well known for their drought beers. There are preserved recipes for making authentic beer. Beer brewing techniques and recipes vary greatly between European countries. However, the younger generation is constantly looking for fresh alternatives. Depending on their tastes, some prefer making their own beer with various ingredients. In order to make beer in a personal brewing machine, the manufacturers of brewing equipment offer brewing kits.
Some key players in the Beer Brewing Machine market are BREWIE, BrewJacket LLC, PicoBrew Inc., Home Brew West, MINIBREW BV, BREWART, LG Electronics, Kickstarter, PBC, Speidel Tank-und Behälterbau GmbH, WilliamsWarn Ltd. and others.
BrewArt is providing smart, internet-connected brewing machines. The machine is very small, with digital display and control buttons. They are providing guides with different recipes for beers, for the beer enthusiast, who loves trying new flavors and different types of beer.
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Attribute | Details |
---|---|
Growth Rate | CAGR of ~3.6% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical Data Available for | 2017 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative units | Revenue in USD Billion, volume in Units, and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, pricing analysis |
Segments Covered | The mechanism, Size, Capacity, Distribution Channel, Region |
Country scope | USA; Canada; Mexico; Germany; UK; France; Italy; Spain; Russia; India; Thailand; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa |
Key Companies Profiled |
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Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The beer brewing machine market is expected to reach a valuation of ~US$ 42 Billion in 2022.
Changing preferences of beer lovers along with convenience of making beer at home is helping beer brewing machine market. The beer brewing machines are gaining popularity due to their compact size and ease in operation, driving the market.
Leading players operating in beer brewing machine BREWIE, BrewJacket LLC, PicoBrew Inc., Home Brew West, MINIBREW BV, BREWART, LG Electronics, Kickstarter, PBC, Speidel Tank-und Behälterbau GmbH, WilliamsWarn Ltd. and among others.
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