Home Beer Brewing Machine Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0192816
  • Format: Electronic (PDF)
  • Number of Pages: 186
  • Author(s): Joshi, Madhavi

Report Overview

The Home Beer Brewing Machine Market size was estimated at USD 850 million in 2023 and is projected to reach USD 2.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 14.00% during the forecast period (2024-2030).

Home Beer Brewing Machine Market

(Market Size)
$850 million
$2.2 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 14.00%
2023 Market Size USD 850 million
2030 Market Size USD 2.2 billion
Key Players PicoBrew, Brewie, Grainfather, Speidel, Braumeister

Market Summary

The home beer brewing machine market represents a dynamic segment within the consumer goods industry, catering to the growing consumer interest in craft beer and DIY beverage production. This market encompasses a range of automated and semi-automated appliances designed to simplify the brewing process for enthusiasts at home, eliminating much of the traditional manual effort and technical knowledge previously required. The proliferation of these machines is largely driven by a cultural shift towards premiumization, experiential consumption, and the desire for personalized products. Manufacturers are continuously innovating to integrate smart technology, offering Wi-Fi connectivity and app-based controls that allow users to monitor and customize brews remotely. The competitive landscape is characterized by the presence of both established appliance manufacturers and specialized startups, all vying for market share through product differentiation, quality, and ease of use. The market is global, with significant activity and adoption rates observed in North America and Europe, though emerging economies in Asia-Pacific are showing promising growth potential as disposable incomes rise and Western consumer trends gain traction.

Key Highlights

The home beer brewing machine market is distinguished by several key factors that underscore its current trajectory and future potential. A primary highlight is the technological sophistication now standard in many products, featuring precise temperature control, automated fermentation management, and integrated cleaning systems that significantly reduce the barrier to entry for novices. The direct-to-consumer business model has been widely adopted by key players, facilitating a closer relationship with the end-user and allowing for the sale of proprietary ingredient packs, which creates a recurring revenue stream and enhances customer loyalty. Sustainability is emerging as a critical product feature, with manufacturers focusing on energy-efficient operation, reduced water usage, and recyclable materials to appeal to the environmentally conscious consumer. The market has also proven resilient to economic fluctuations, as the value proposition shifts from mere appliance ownership to providing a hobbyist experience and the cost-saving aspect of brewing premium beer at home compared to commercial purchases. Strategic partnerships between brewing machine companies and well-known craft breweries to develop licensed recipe kits further validate the market's legitimacy and expand its appeal.

Drivers, Opportunities & Restraints

The expansion of the home beer brewing machine market is propelled by a confluence of powerful drivers. The enduring global popularity of craft beer culture is a fundamental force, encouraging consumers to replicate commercial-quality beverages in their own kitchens. This is complemented by a broader societal trend towards home-based hobbies and experiences, a shift that was notably accelerated during recent periods of global lockdowns. The advancement of IoT and smart home technology presents a significant opportunity for market growth, allowing for the development of increasingly intuitive and connected machines that can be seamlessly integrated into the modern smart kitchen ecosystem. Furthermore, there is a substantial opportunity in emerging markets where a growing middle class is developing a taste for premium alcoholic beverages and seeks novel forms of entertainment. However, the market is not without its restraints. The relatively high initial cost of these appliances can be a barrier to mass adoption, positioning them as a premium purchase. Additionally, the machines require a certain amount of counter space, which can be a limiting factor in smaller urban households. Finally, the market faces the persistent challenge of educating potential consumers about the simplicity and benefits of automated brewing versus the perceived complexity of the traditional method.

Concentration Insights

The competitive concentration within the home beer brewing machine market can be described as moderately fragmented, featuring a mix of players. A small number of pioneering companies have established strong brand recognition and loyal customer bases, effectively creating a tier of market leaders. These entities often compete on the basis of technological innovation, brand prestige, and an extensive ecosystem of compatible ingredients and accessories. Beneath this tier exists a wider array of smaller specialists and startups that focus on niche segments, such as ultra-compact designs, specific beer styles, or particularly user-friendly interfaces at a more accessible price point. The market also sees participation from large, diversified consumer electronics and appliance corporations that leverage their existing manufacturing scale and distribution networks to enter the space. This structure leads to a competitive environment where innovation is rapid, as companies strive to differentiate their offerings. Mergers and acquisitions are a potential future trend as larger companies may seek to acquire innovative startups to quickly gain technology and market share, thereby increasing market concentration over time.

Type Insights

The home beer brewing machine market is segmented by type, primarily distinguished by the level of automation and integration offered. The most prominent category is the fully automated all-in-one system, which manages the entire brewing process from mashing and boiling to fermenting and carbonating within a single, compact unit. These systems are designed for maximum convenience, often featuring one-touch operation and pre-programmed recipes, making them ideal for beginners and those prioritizing ease of use. Another significant category includes semi-automated machines, which may automate specific complex steps like temperature control during mashing but require more user involvement for other stages like transferring wort or adding hops. These appeal to enthusiasts who desire more hands-on control without the full burden of traditional brewing. A third, emerging type focuses on countertop mini-keg systems that not only brew but also serve and dispense the beer, integrating the entire experience from production to consumption. The choice between these types is a key decision for consumers, balancing factors such as cost, desired involvement in the process, kitchen space, and the quality and variety of beer they wish to produce.

Application Insights

In terms of application, home beer brewing machines are predominantly acquired for personal household use by individual consumers. This application is the cornerstone of the market, driven by individuals seeking a rewarding hobby, the ability to create custom beer flavors, and the economic benefit of producing craft beer at a lower cost per unit compared to store-bought equivalents. The social aspect is also a powerful application, as these machines often become a centerpiece for entertaining guests and sharing personalized creations. Beyond the primary consumer segment, a secondary application is emerging in the commercial hospitality sector. Some small bars, pubs, and restaurants are utilizing these systems to offer a unique hyper-local brewing experience on a very small scale, creating exclusive house beers for their patrons without investing in large-scale professional brewing equipment. This commercial application, while niche, demonstrates the versatility and professional-grade quality that some high-end home brewing machines can achieve, blurring the lines between consumer appliance and light commercial tool.

Regional Insights

The adoption and popularity of home beer brewing machines exhibit distinct regional variations influenced by cultural and economic factors. North America represents the largest and most mature market, with the United States being the epicenter due to its deeply entrenched craft beer movement, high disposable income, and strong consumer willingness to adopt new kitchen technologies. Europe follows closely as another significant market, with countries like the United Kingdom, Germany, and Belgium showing strong demand. This is underpinned by a rich historical brewing heritage and a consumer base that appreciates high-quality beer, making them early adopters of home brewing technology. The Asia-Pacific region is identified as the fastest-growing market, with rising urbanization, growing middle-class populations, and an increasing fascination with Western lifestyles driving interest. However, adoption here may be influenced by different living spaces and cultural attitudes towards alcohol. Latin America and the Middle East and Africa are currently nascent markets but hold long-term potential as economic development continues and global consumer trends permeate these regions.

Company Insights

The competitive landscape of the home beer brewing machine market includes several notable companies that have shaped its development. PicoBrew, now under new ownership, was a seminal innovator with its automated brewing appliances. BrewArt, a venture backed by a major appliance manufacturer, offers a comprehensive system with a focus on simplicity and consistency. Dutch company Brewie, though facing challenges, introduced advanced automated features early on. Brands like iGulu are gaining traction by offering modern, app-connected machines aimed at a new generation of brewers. Large multinational corporations are also key players; Keurig Dr Pepper, through its Keurig brand, made a significant albeit challenging entry with its beer brewing system, demonstrating the interest from major beverage appliance companies. These companies compete not only on the hardware but also on the ecosystem they build, including the availability, quality, and variety of ingredient kits, the functionality of their accompanying mobile applications, and the strength of their customer support and community engagement.

Recent Developments

The home beer brewing machine market has witnessed several pivotal recent developments that indicate its evolving nature. A prominent trend is the intensified integration of Artificial Intelligence and machine learning, with newer machine models capable of suggesting recipe modifications based on user preferences and past brews, creating a highly personalized experience. There has been a noticeable expansion in the variety and sophistication of ingredient packs available, moving beyond classic ale and lager kits to include recipes for hard seltzers, cider, and even non-alcoholic beers, thus broadening the market's appeal. Sustainability has moved from a secondary concern to a core design principle, with recent product launches emphasizing energy efficiency, reduced plastic packaging for ingredient kits, and the use of recycled materials in machine construction. Furthermore, the competitive dynamics have shifted, with some early pioneers restructuring or being acquired, while new agile entrants continue to emerge, focusing on specific market gaps such as more affordable price points or compact designs suitable for urban apartments.

Report Segmentation

This market research report on the home beer brewing machine market provides a detailed and structured analysis segmented to offer granular insights. The segmentation is primarily based on type, categorizing the market into fully automated all-in-one systems, semi-automated machines, and mini-keg brewing and serving systems. This allows for a clear understanding of the adoption rates, pricing trends, and consumer preferences associated with each level of automation. The report is further segmented by application, distinguishing between purchases for personal or household use and those for commercial use in micro-scale hospitality settings. Geographically, the report provides a thorough regional analysis, covering key markets such as North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. Each regional section delves into the specific drivers, consumer behavior, and competitive landscape unique to that area. This multi-faceted segmentation ensures that the analysis is comprehensive, providing stakeholders with actionable intelligence tailored to specific product categories, end-user applications, and geographical markets.

FAQs

How easy is it to use a home beer brewing machine?

Modern home beer brewing machines are designed for extreme ease of use, often featuring one-button operation and fully automated processes that handle mashing, boiling, fermenting, and cooling. They require minimal technical knowledge from the user.

What is the average cost of a home beer brewing machine?

The cost varies significantly based on features and brand, ranging from a few hundred dollars for basic models to over a thousand dollars for high-end, fully automated systems with advanced connectivity and precision controls.

Can you make good beer with a home brewing machine?

Yes, advanced home brewing machines are capable of producing high-quality, commercial-grade beer. Their precise temperature control and automated processes consistently create excellent results that rival many craft beers available on the market.

How customizable is the beer you can make?

While many machines offer pre-programmed recipes for convenience, most also provide options for significant customization. Users can often adjust hop addition times, fermentation temperatures, and even create their own recipes from scratch for a personalized brew.

How much cleaning and maintenance is required?

Cleaning is an essential part of the brewing process to ensure beer quality. However, many newer machines have integrated automated cleaning cycles that significantly reduce the manual effort involved, making maintenance more convenient.

Is the home beer brewing machine market growing?

The market is experiencing growth, fueled by rising consumer interest in craft beer, DIY hobbies, and smart kitchen appliances. Technological advancements and increasing market penetration in emerging economies are contributing to its expansion.

Citius Research has developed a research report titled “Home Beer Brewing Machine Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Home Beer Brewing Machine Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Home Beer Brewing Machine Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Home Beer Brewing Machine Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Home Beer Brewing Machine Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Home Beer Brewing Machine Market
• Research Methodology
• Executive Summary
• Market Dynamics of Home Beer Brewing Machine Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Home Beer Brewing Machine Market
• Cost and Gross Margin Analysis of Home Beer Brewing Machine Market
• Home Beer Brewing Machine Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Home Beer Brewing Machine Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Home Beer Brewing Machine Market Key Stakeholders

Below are the key stakeholders for the Home Beer Brewing Machine Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Home Beer Brewing Machine Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Home Beer Brewing Machine Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Home Beer Brewing Machine Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Home Beer Brewing Machine Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Home Beer Brewing Machine Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Home Beer Brewing Machine Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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For further details request a free sample copy of this report here.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Home Beer Brewing Machine Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Home Beer Brewing Machine Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Home Beer Brewing Machine Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Home Beer Brewing Machine Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Home Beer Brewing Machine Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Home Beer Brewing Machine Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Home Beer Brewing Machine Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Home Beer Brewing Machine Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Home Beer Brewing Machine Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Home Beer Brewing Machine Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Home Beer Brewing Machine Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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