According to Future Market Insights' study, the market for mini brew fermenters is expected to grow at a CAGR of 5.2% over the estimated period of 2023 to 2033. The industry value is expected to grow from USD 989.2 million in 2023 to USD 1,642.3 million by 2033. The mini brew fermenter market was worth USD 940.3 million by the end of 2022.
Some of the key factors aiding the market growth include:
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The global market for mini brew fermenters increased from USD 776.5 million to USD 940.3 million between 2018 and 2022 with a CAGR of 4.9% during this period.
The market is driven by the growing demand for craft beer and the need for efficient fermentation. Moreover, the increasing popularity of home brewing is also expected to contribute to the growth of the market.
However, the historical outlook for the mini brew fermenter market has been mixed. While sales have grown steadily over the past few years, they have not been able to keep pace with the overall growth of the beer industry. As a result, mini brew fermenters currently account for a relatively small share of the total beer market.
During the forecast period, the global mini brew fermenter market is anticipated to grow from USD 989.2 billion in 2023 to USD 1,642.3 billion by 2033 with a healthy CAGR of 5.2%. The market is projected to grow over the forecast period, owing to the rising demand for premium, flavorful beers developed in small batches, which is creating enormous opportunities for sales of mini brew fermenters in local markets.
Moreover, the shifting of consumers from conventional beer to craft beer has accelerated the number of brewpubs and microbreweries worldwide, thus, in turn, driving the demand for mini brew fermenters.
Attributes | Details |
---|---|
Mini Brew Fermenter Market CAGR (2023 to 2033) | 5.2% |
Mini Brew Fermenter Market Size (2023) | USD 989.2 million |
Mini Brew Fermenter Market Size (2033) | USD 1,642.3 million |
The mini brew fermenter market is predicted to be positively influenced by rising acquisition activities adopted by large multinational breweries and craft breweries. Several manufacturers are concentrating on the development of new flavors and tastes to provide quality-level alcoholic beverages, to cater to the evolving demand of consumers, especially the young customer base.
Their emphasis on value addition in their existing product portfolio is anticipated to give rise to new opportunities for market expansion. Therefore, the enduring partnerships with such huge beer processing and distilleries is a significant strategy adopted by these establishments for the supply of mini brew fermenters.
The mini brew fermenter market is likely to suffer from the severely stringent regulations pertaining to alcoholic beverages in some economies, which might restrict the market growth opportunities for mini brew fermenters. The substantial high cost of the initial setup of the mini brew fermenters, maintenance charges, and rising energy costs might hinder the progress of the mini brew fermenter market over the forecast period.
Additionally, the growing preference for healthier beverages, which contain fewer calories and are nutritious as opposed to alcoholic beverages, is resulting in the expansion of non-alcoholic beverages, which is a competitive market. In addition to this, the receding number of beer consumers who are seeking a healthy lifestyle and weight-loss options is also likely to restrict the market growth of mini brew fermenters.
The USA will account for 37.6% of the global market with a value of USD 371.9 million in 2023 as per prediction. The USA mini brew fermenter market has seen exponential growth in recent years. The number of breweries has more than doubled and shows no signs of slowing down. This growth has been fueled by the demand for high-quality, small-batch beer.
The mini brew fermenter is the perfect tool for micro-breweries looking to produce high-quality beer. These fermenters are small enough to fit in a home brewing setup but large enough to produce commercial-grade beer.
The United Kingdom mini brew fermenter market is predicted to grow at a CAGR of 6.0% between 2023 and 2033. The United Kingdom is home to many different types of mini brew fermenters. These devices have become increasingly popular in recent years due to their small size and ability to produce high-quality beer. While there are many different manufacturers of mini brew fermenters spread across the globe, the United Kingdom’s market share is significant.
There are a number of reasons for the popularity of mini brew fermenters in the United Kingdom. One reason is that these devices are relatively easy to use. They also do not require a large amount of space, which makes them ideal for small homes or apartments. Additionally, mini brew fermenters produce high-quality beer that can rival that of larger commercial breweries.
The India mini brew fermenter market is projected to grow at a CAGR of 6.2% between 2023 and 2033. In recent years, India has been increasingly involved in the global market for mini brew fermenters. This is due to a number of factors, including the country’s large population, growing economy, and increasing interest in craft beer among young adults in India. This is due to a number of factors, including the rise of social media and increased exposure to international culture. As a result, India is emerging as a significant market for mini brew fermenters.
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The material that is in high demand for the production of mini brew fermenters is stainless steel. The main reason behind its high demand can be attributed to its beneficial attributes, such as anti-corrosion and durability. Another reason why stainless steel is popular among brewers is that it is easy to clean and doesn’t retain flavors from previous batches.
Micro-breweries are the primary users of mini brew fermenters. The small size of these fermenters allows for a more controlled and intimate brewing process, which is essential for micro-breweries that want to maintain the quality and integrity of their product. In addition, mini brew fermenters take up less space than traditional full-size fermenters, thus enabling more efficient use of space for small breweries.
Following are some of the advantages of owning a fully automatic mini brew fermenter:
The emerging start-ups in the mini brew fermenter market are inventing superior-quality fermenters to be used in breweries, micro-breweries, the food and beverage industry, households, etc. The evolving consumer demands have given rise to the growth of craft beers, which are concocted with varied brewing techniques and combinations of different beers and wines, the focus being the taste and flavor of the resultant beverage. To up-level their position, some of the new entrants in the market are introducing their own recipes to develop innovative, fool-proof beer solutions.
The growing demand for affordable, sustainable, and flavorful fresh beer made with natural and authentic ingredients is fueling the development of mini brew fermenters with advanced features. The new mini brew fermenter manufacturers in the market are also offering rebates and discounts to lure more customers, and substantiate their market presence. In addition to this, the development of new products by companies to extend their brewing portfolio, in order to help beer enthusiasts realize their brewing potential, is laying the ground for the growth of new entrants into the market.
MiniBrew
The Netherlands-based start-up, which is a brainchild of Bart van de Kooij and Olivier van Oord, commenced operations in the year 2015. The concept of MiniBrew is inspired by the growing demand for simple and accessible quality home brewing options. MiniBrew offers a smart, all-in-one beer machine that brews high-quality beer at your own residence. Recently, the company launched CRAFT GEN 3.0, with a better price range, product quality, and availability in more countries than before. The firm offers exclusive, site-wide discounts on the purchase of the first CRAFT GEN 3 MiniBrew.
Recent developments by MiniBrew include:
Goxoa
The Montpellier-based but Barcelona-operated start-up, Goxoa was created recently in October 2022, with an aim to provide alcohol-free beer to athletes. The start-up claims to provide the perfect sports beer, containing nutrient-rich and flavorful content, for athletes, to be consumed post-workout. The product is currently under Research and Development (R&D) and is expected to be launched in early 2023.
The market is highly competitive with the presence of a large number of players. The key players in the market include Ss Brewtech, The Greater Good Fresh Brewing Co., Blichmann Engineering, Catalyst Fermentation System, MoreBeer!, and Spike Brewing. These players are focusing on strategies such as mergers & acquisitions, product launches, and expansions to gain a competitive edge in the market. The new launches premiering new, more economical line of mini brew fermenters to enable would-be brewers explore the art of home-brewing is anticipated to propel market growth.
Attribute | Details |
---|---|
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 and Africa (MEA) |
Key Countries Covered | USA, Mexico, Canada, United Kingdom, Germany, France, Italy, China, Spain, India, Japan, South Korea, Australia, Argentina, Brazil, South Africa, UAE |
Key Segments Covered | Material, Automation, End-user, Region |
Key Companies Profiled | Ss Brewtech; The Greater Good Fresh Brewing Co.; Blichmann Engineering; Catalyst Fermentation System; Midwest Supplies; Northern Brewer; MoreBeer!; Spike Brewing; Krome Brewing; Grainfather; Anvil Brewing |
Report Coverage | Company Share Analysis, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives, Market Forecast, Competitive Landscape, |
Customization & Pricing | Available upon Request |
The mini brew fermenter market is predicted to reach nearly USD 989.2 million by 2023.
The mini brew fermenter market is expected to rise at a CAGR of 5.2%.
The USA, United Kingdom, China, and Germany are the major countries driving the demand for the mini brew fermenter market.
The global demand for the mini brew fermenter market is forecast to surpass USD 1,642.3 million by the year 2033.
1. Executive Summary 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 Material 5.1. Stainless Steel 5.2. Plastic 5.3. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Automation 6.1. Fully Automatic 6.2. Semi-automatic 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-user 7.1. Breweries 7.2. Micro-Breweries 7.3. Food & Beverage Industry 7.4. Household 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 and 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. Ss Brewtech 18.2. Blichmann Engineering 18.3. Catalyst Fermentation System 18.4. Midwest Supplies 18.5. Northern Brewer 18.6. MoreBeer! 18.7. Spike Brewing 18.8. Krome Brewing 18.9. Grainfather 18.10. Anvil Brewing 19. Assumptions & Acronyms Used 20. Research Methodology
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