The global home brew boiler market size is forecast to expand from USD 986.2 million in 2023 to USD 1,668.7 million at the end of 2033. Overall home brew boiler sales are likely to register a CAGR of 5.4% over the estimated period (2023 to 2033).
The growing popularity of homebrewing across the world is a key factor driving home brew boilers' demand in the market. Homebrewing is a process of making various alcoholic beverages such as beer and wine on a small scale at home. The process usually involves fermentation, which is the conversion of sugars into alcohol.
Brewing beer or other drinks at home can be done using a variety of methods and equipment. One such crucial piece of equipment needed for homebrewing is the homebrew boiler.
Homebrew boilers are equipment used for producing high-quality alcoholic beverages like wine, beer, and cider at home. This equipment provides the essential temperature required for making various alcoholic beverages. It has made the homebrewing process easy and more efficient.
A home brew boiler is a great investment for any beer lover. It can be used to make small batches of beer or large batches of beer. The boiler can also be used for other purposes such as brewing tea or coffee.
Thus, growing interest in making beer and other alcoholic beverages at home, especially across emerging nations like India and China, will continue to boost the global home brew boiler industry during the forecast period.
Similarly, the rising cost of beer and the easy availability of home brewing solutions are encouraging consumers to make their own beer in the comfort of their homes. This in turn is generating high demand for home brew boilers.
Furthermore, increasing consumption of craft beer and growing adoption of home brewing equipment across craft breweries will create lucrative opportunities for home brew boiler manufacturers during the forecast period.
Attribute | Key Insights |
---|---|
Home Brew Boiler Market Estimated Value (2023) | USD 986.2 Million |
Projected Market Value (2033) | USD 1,668.7 Million |
Value-based CAGR (2023 to 2033) | 5.4% |
Market Share of US, Germany, Japan, and Australia | 66.5% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global market for homebrew boilers increased at 4.0% CAGR from 2018 to 2022 and reached a valuation of USD 935.7 Million in 2022. However, with rising consumer interest in preparing their own beer, total home brew boiler demand is anticipated to grow at 5.4% CAGR during the forecast period (2023 to 2033).
Today, a large portion of the world population is showing a keen inclination towards brewing alcoholic beverages like beer and wine at home. In fact, homebrewing has become a more affordable and versatile choice for consumers. This rising popularity of home brewing is thus emerging as a key factor generating demand for home brewing equipment like home brew boilers.
Another reason is that there are more options for people who want to brew their own beer. There are now many different types of home brewing kits available, which makes it easier for people to get started without spending a lot of money.
Similarly, a growing number of craft breweries supported by high consumption of craft beer is expected to elevate home brew boiler demand over the next ten years.
Various influential factors have been identified by FMI that is likely to aid in the expansion of the global home brew boiler industry during the assessment period (2023 to 2033). Besides this, FMI analysts have also analyzed the upcoming threats, restraining elements, and lucrative opportunities that can somehow influence home brew boiler market demand.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
RESTRAINTS
OPPORTUNITIES
THREATS
Rising Popularity of Homebrewing Propelling Home Brew Boiler Demand in the USA
The USA accounts for nearly 34.6% of the global home brew boiler industry and it is expected to reach a valuation of USD 341.2 Million in 2023. The increasing popularity of homebrewing, availability of advanced home brewing equipment, and rising consumption of craft beer are some of the key factors driving the USA home brew boiler market forward.
There has been a growing interest in homebrewing across the USA during the last few years. For instance, as per the latest released data by the American Homebrewers Association (AHA), over 1.1 Million people in the USA homebrewed their own beer in 2017.
Furthermore, among these 1.1 million people, around 40% of them started this hobby (homebrewing) within the last four years. This growing popularity of homebrewing is acting as a catalyst triggering home brew boiler sales in the country and the trend is expected to continue during the forecast period.
Similarly, In the United States, the home brewing market is evolving with home brewers increasingly looking for new innovative beer and wine-making equipment for improving the quality of their alcoholic beverages. This has created high demand for novel home brew boilers.
In response, manufacturers are offering more sophisticated models with features such as temperature control and automatic shut-off. This trend is expected to continue as homebrewers become more discerning and demand higher-quality products.
Availability of High-Quality Home Brewing Equipment Boosting the UK Market
According to Future Market Insights, home brew boiler demand in the UK market is poised to grow at 6.5% CAGR between 2023 and 2033, making it one of the most lucrative markets across Europe. There are several factors behind this growth. One such factor is the high quality of British manufacturing. Many boiler manufacturers in the UK have been making boilers for centuries and have perfected their craft.
Another factor is the popularity of homebrewing itself. In recent years, there has been a resurgence in interest in home brewing, thanks to the rise of craft beer culture. More and more people across the UK are producing beer in their homes.
Finally, the UK's favorable tax regime for home brewers is positively influencing the home brew boiler industry and the trend is expected to continue during the forecast period.
Growing Interest in Homebrewing as an Affordable Way to Make Beer Propelling Sales in India
The India home brew boiler market is anticipated to grow at 5.9% CAGR between 2023 and 2033. This is attributed to the increasing popularity of home brewing in India. There are many reasons for this, including the fact that homebrewing is a very affordable way to make beer.
As the market for homebrew boilers continues to grow in India, more companies are starting to offer products and services specifically for this market. For example, some companies are now offering home brewing kits that include everything needed to get started. Other companies are offering online courses on how to homebrew.
Strong Presence of Leading Manufacturers Offering Low-Cost Products Expanding Market in China
China’s home brew boiler industry is projected to expand at 6.2% CAGR throughout the forecast period (2023 to 2033), holding a significant share of the global market by the end of 2033.
China is the world’s leading producer of home brew boilers. There are several reasons why China has such a strong position in the home brew boiler industry. Firstly, Chinese manufacturers have been able to produce boilers at a much lower cost than their competitors. This has allowed them to sell their products at a much lower price, making them very attractive to budget-conscious consumers.
Secondly, Chinese manufacturers have invested heavily in research and development, resulting in the development of some very innovative and high-quality products. This has helped to cement China’s reputation as a world leader in boiler technology. Finally, Chinese manufacturers have an excellent distribution network that ensures their products are available all over the world.
Low Cost and Eco-friendly Nature Making Electric Home Brew Boiler Systems Popular
Based on technology, the global market for homebrew boilers is segmented into electric systems and gas-fired systems. Among these, sales of electric home brew boiler systems are expected to outpace those of gas-fired ones. This can be attributed to the various advantages such as low cost, easy installation, higher efficiency, and the environmentally friendly nature of electric systems.
An electric home brew boiler is a device that uses electricity to heat water or produce steam for brewing beer. There are a few different types of electric home brew boilers, but they all work by using electrical resistance to heat water or create steam. The most common type of electric home brew boiler is the immersion heater, which consists of a heating element that is submerged in a water-filled chamber. Another type of electric home brew boiler is the steam generator, which uses high-pressure steam to power a brewing process.
End User Preference for 1 Gallon Kit Due to Its Suitable Size is Propelling Demand
As per FMI, the 1-gallon kit segment is likely to generate maximum revenues in the global market for homebrew boilers during the forecast period. The main reason is that the 1-gallon kit is the perfect size for most people.
A 1-gallon kit is the best choice for most people because it is perfect for brewing small batches of beer. Homebrewers looking to produce a few gallons of beer at a time mostly prefer this capacity type.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Bosch is one of the leading players in the home brew boiler market with its range of energy-efficient products. The company has been aggressive in its marketing campaign, targeting homeowners and small businesses with its message of 'Save money with Bosch'.
Similarly, home brew boiler manufacturers such as Box Brew Kits, Craft a Brew, Northern Brewers, and Shandong Zunhuang Brewing Equipment Co. Ltd. are leading at the forefront in this market space. These companies are utilizing a wide range of strategies such as new product launches, partnerships, collaborations, and acquisitions to solidify their position in the global market. For instance,
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 986.2 Million |
Projected Market Size (2033) | USD 1,668.7 Million |
Anticipated Growth Rate (2023 to 2033) | 5.4% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD Million for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East & Africa (MEA) |
Key Countries Covered | The US, Canada, Mexico, Germany, The UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
Key Segments Covered | Technology, Application, Capacity, Region |
Key Companies Profiled | Bosch; Box Brew Kits; Craft a Brew; Kilner; Home Brewing Co; MrBeer; WilliamsWarn; Victor’s; Northern Brewers; Shandong Zunhuang Brewing ; Equipment Co., Ltd.; Woodforde's; LG Electronics; PicoBrew, Inc |
Report Coverage | Company Share Analysis, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives, Market Forecast, Competitive Landscape, |
The global home brew boiler market value is expected to reach nearly USD 986.2 Million in 2023.
Homebrew boiler demand is expected to increase at a CAGR of 5.4% between 2023 and 2033.
The global home brew boiler industry is anticipated to surpass a valuation of USD 1,668.7 Million by 2033.
The US, China, Germany, and the UK are major countries driving home brew boilers market demand.
By 2023, Japan will account for 5.2% of the global market of home brew boilers with a market value of USD 51.3 Million.
Australia’s home brew boiler market is expected to reach a valuation of around USD 48.4 Million in 2023.
Between 2023 and 2033, demand for home brew boilers across China is likely to grow at 6.2% CAGR.
Homebrew boiler sales in India are poised to exhibit a CAGR of 5.9% CAGR between 2023 and 2033.
The UK home brew boiler industry is projected to accelerate at around 6.5% CAGR throughout the forecast period (2023 to 2033).
Bosch, Box Brew Kits, Craft a Brew, Northern Brewers, and Shandong Zunhuang Brewing Equipment Co. Ltd. are the top companies dominating the home brew boiler industry.
1. Executive Summary | Home Brew Boiler Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology 5.1. Electric System 5.2. Gas Fired System 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Wine 6.2. Beer 6.3. Others 6.3.1. Cider 6.3.2. Kombucha 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity 7.1. 1 Gallon Kit 7.2. 1-10 Gallon Kit 7.3. Above 10 Gallon Kit 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia 8.6. Oceania 8.7. Middle East & Africa (MEA) 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Bosch 18.2. Box Brew Kits 18.3. Craft a Brew 18.4. Kilner 18.5. Home Brewing Co 18.6. MrBeer 18.7. WilliamsWarn 18.8. Victor’s 18.9. Northern Brewers 18.10. Shandong Zunhuang Brewing Equipment Co., Ltd. 18.11. Woodforde’s 18.12. LG Electronics 18.13. PicoBrew, Inc 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Process Automation Insights
View Reports