Home Beer Brewing Machine Market Size Worth $29.8 Million By 2025: Grand View Research, Inc.

Read 80 page research report with ToC on "Home Beer Brewing Machine Market Size, Share & Trends Analysis Report By Product (Mini Brewer, Full-size Brewer), By Mechanism (Automatic, Manual), By Region, And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/home-beer-brewing-machine-market Read 80 page research report with ToC on "Home Beer Brewing Machine Market Size, Share & Trends Analysis Report By Product (Mini Brewer, Full-size Brewer), By Mechanism...

Read 80 page research report with ToC on "Home Beer Brewing Machine Market Size, Share & Trends Analysis Report By Product (Mini Brewer, Full-size Brewer), By Mechanism (Automatic, Manual), By Region, And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/home-beer-brewing-machine-market

Rising preference for fresh beer along with the rising trend of on premise sales is also expected to fuel the market growth. In addition, increasing demand for premium beer such as craft beer and draught beer on account of changing consumer lifestyle coupled with increased per capita income is anticipated to bode well for the product demand.

In terms of product, mini brewer held the leading market share of approximately 67.1% in 2018. However, full-size brewer is anticipated to expand at the fastest CAGR of 14.6% from 2019 to 2025. The market is driven by increasing number of small-scale and independent brewers in U.S., Europe, and New Zealand. For instance, according to studies, part-time craft beer market is growing steadily in New Zealand. Data shows that exports of higher alcohol beers, especially of craft styles, grew from USD 1 million in 2011 to USD 4.5 million in 2016.

On the basis of mechanism, automatic machines held the largest market share of approximately 87.1% in 2018. Increasing adoption of automatic brewing machine at brewpubs, bars, and restaurants is mainly attributed to growing popularity of craft beer. Moreover, microbreweries interested in producing pilot batches of craft beers, cold brew coffee, kombucha, and spirits, is anticipated to further fuel the demand for automatic machines over the forecast period.

Asia Pacific is expected to witness the fastest CAGR of 16.0% from 2019 to 2025 on account of increasing production and consumption of craft beer. Moreover, rise in the number of breweries accounting for major share of craft and draught beer is further driving the demand for home beer brewing machine.

Grand View Research has segmented the global home beer brewing machine market by product, mechanism, and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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