Coffee Machine Market 2022 - Market Size & Forecast, Industry Trends, Manufacturers Analysis, & Opportunities 2030

Introduction: -

Coffee machines are small electrical machines or appliances that are used for coffee-making or brewing.  Different types of coffee machines work on several different brewing processes.  However, all of these machines are easy to use & clean and effectively aid in decreasing the time and effort required to prepare a cup of coffee.  These machines are available in semi-automated and fully automated variants.  The global coffee machine market includes the sales of coffee machines made by different market players that are used in restaurants, cafes, hotels, and offices.  The coffee machine market is estimated to witness growth at a compounded annual growth rate (CAGR) of 5.5% during the forecast period of 2022-2030.

Growth Drivers:

Coffee is proven to offer several health benefits, including the reduced risk of liver cancer, type 2 diabetes, and liver diseases, and also security against heart failure.  The awareness regarding these and several other health benefits of consuming coffee is increasing among the masses all over the globe.  This is leading to an enhanced demand for coffee, which, in turn, is fueling the growth of the global coffee machines market.

Also, the number of F&B chains, convenience stores, bakeries, and cafes is increasing at a rapid pace across the globe due to the surging demand for fast food among consumers.  These places offer various additional services, breakfast options, and premium coffee quality, which appeals to the consumers and compels them to visit regularly.  These firms depend on several automatic machines, including coffee machines, to offer their services.  Thus, the growing number of shops offering coffee worldwide is expected to bring tremendous growth opportunities for the global coffee machines market during the forecast period of 2022-2030

Moreover, the leading players present in the global coffee machines market are heavily allocating funds in R&D activities and are integrating the latest technologies to introduce advanced coffee machines into the market.  The advent of coffee capsules that offer enhanced tasting coffee and the introduction of smart coffee machines integrated with Bluetooth, Wi-Fi, and voice assistance, etc., which can be accessed, operated, and controlled through smartphones from anywhere inside the house, are the most recent advancements in the market.  The rising demand for such smart coffee machines by consumers due to their high inconvenience is expected to significantly aid in the expansion of the global coffee machine market during the forecast period.

Furthermore, the growing demand and consumption of coffee among people across the globe, the burgeoning popularity for instant non-alcoholic beverages, the increasing hectic-work schedules of people across regions, the emergence of new green and organic coffee products, the ever-growing youth population worldwide, and the increasing number of offices with kitchenettes are among other primary factors bolstering the growth of the global coffee machine market.

However, the high price of coffee machines and the surging awareness regarding the negative effects of excessive caffeine consumption among people are anticipated to hinder the growth of the global coffee machine market.

Coffee Machine Market Segmentation:

By Product:

·         Drip Filter

·         Capsule or Pod Coffee

·         Traditional Espresso

·         Bean-to-Cup

By Operation:

·         Semi-automated

·         Fully Automated

By Application:

·         Residential

·         Commercial

By Distribution Channel:

·         Multi-branded Stores

·         Specialty Stores

·         Online Stores

·         Other Distribution Channels

By Region:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and Africa

Coffee Machine Market: Product Review:

Based on product, the global coffee machine market is segmented into drip filter, capsule or pod, traditional espresso, and bean-to-cup.  The drip filter segment captured the largest share of the market in 2021.  The segment is predicted to remain dominant further throughout the forecast period of 2022-2030.  The high preference for drip filter machines among people due to their high durability and the reusable attributes of its components, coupled with the increasing number of manufacturers getting engaged in developing drip filter coffee machines with advanced features, are primarily attributable to the large share and high growth of this segment in the market.  However, the capsule or pod segment is predicted to attain the highest growth in the market during the forecast period of 2022-2030.

Coffee Machine Market: Application Review:

Based on application, the global coffee machine market is classified into residential and commercial.  The commercial segment acquired the largest share of 60.0% in the global coffee machine market in 2021.  The trend is expected to remain unchanged during the forecast period of 2022-2030, mainly due to the rising number of cafes and restaurants and the fast-paced growth of the corporate sector worldwide.

Regional Outlook:

The coffee machine research report offers detailed analysis and forecasts for five major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

The European region commanded the largest share of the global coffee machine market in 2021.  The region is predicted to continue to lead the market during the forecast period.  This region is home to the largest coffee-consuming population base in the world.  Apart from this, the region also has a robust commercial infrastructure and the presence of the leading coffee machine manufacturers globally.  The number of cafes in this region has also substantially increased in the last few years.  All these factors collectively aid in making this region the largest shareholder in the global coffee machines market.

On the other hand, the Asia Pacific region is projected to achieve the fastest growth in the global coffee machine market during the forecast period.  Factors such as the rapidly expanding coffee culture, the fast-paced urbanization, the increasing middle-income population base, the escalating technological advancements, the surging number of workplaces, the rising number of coffee shops and cafes in the region are predominantly ascribed to the high growth of the market in the region.  India, China, and Japan are among the major contributors to the growth of the market in the region.

The report also identifies the country market outlook for coffee machines, covering country-wise market size, growth rate, market share, segmentation, leading players, current trends, and opportunities.

Key Companies in Coffee Machine Market:

The research report offers a competitive analysis of prominent companies operating in the global coffee machine market.  Some of the leading players profiled in the market research report include:

·         Nestlé Nespresso S.A.

·         De’Longhi Appliances S.r.l.

·         Electrolux

·         Morphy Richards India

·         Koninklijke Philips N.V.

·         Keurig Green Mountain Inc.

·         Panasonic Corporation

·         Newell Brands

·         Hamilton Beach Brands Inc.

·         Schaerer

·         Robert Bosch GmbH

·         Other Players