LONDON--(BUSINESS WIRE)--The home beer brewing machine market is expected to grow by USD 14.53 mn during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
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Due to the extensive spread of the virus across the globe, the Consumer Discretionary Industry is anticipated to have Negative impact. The home beer brewing machine market will showcase Negative impact during 2020-2024.
Home Beer Brewing Machine Market 2020-2024: Segmentation
Home Beer Brewing Machine Market is segmented as below:
- Mini Brewer
- Full-size Brewer
- North America
- South America
North America region will account for the highest incremental growth during the forecast period due to the product innovations in terms of design and features, rising preference for beer among consumers, and the increasing number of home breweries and small-scale breweries.
With the surging growth of COVID-19 pandemic, the Consumer Discretionary market is anticipated to have an Indirect impact during the forecast period. View market snapshot before purchasing
Rising urbanization and changing consumer lifestyles has been an instrumental factor in influencing the growth of home beer brewing machine market. Other market drivers include product innovation and portfolio extension leading to product premiumization and growing demand for home craft or draught beer. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID 19 market estimates
- Quarterly impact analysis and updates on market estimates
Get more insights about the global trends impacting the future of home beer brewing machine market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43697
Home Beer Brewing Machine Market 2020-2024: Vendor Analysis
The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater a larger target audience during the pandemic. Major market participants include AIBrew Corp., Blichmann Engineering, Brewbot Inc., BrewJacket LLC, LG Electronics Inc., MiniBrew BV, NEWITY Ltd., PicoBrew Inc., Speidel Tank-und Behälterbau GmbH, and The Middleby Corp.
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Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product size
- Market segments
- Comparison by Product size
- Mini brewer - Market size and forecast 2019-2024
- Full-size brewer - Market size and forecast 2019-2024
- Market opportunity by Product size
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- AIBrew Corp.
- Blichmann Engineering
- Brewbot Inc.
- BrewJacket LLC
- LG Electronics Inc.
- MiniBrew BV
- NEWITY Ltd.
- PicoBrew Inc.
- Speidel Tank-und Behälterbau GmbH
- The Middleby Corp.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
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