Food and beverage vending machine market is anticipated to grow at a CAGR of 12% during the forecast period. Many companies globally have increased efforts to be more sustainable and eco-friendlier by introducing eco-friendly & energy-efficient vending machines which are escalating the growth of the market. Key players in the market are focusing on environmentally friendly vending machines which are manufactured using a natural refrigerant having a low global warming coefficient. Environment-friendly food and beverage vending machines are increasingly being deployed at schools, institutions, offices, malls, and other public places.
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Moreover, buying eco-friendly vending machines supports consumers to reduce power use as they are equipped with energy-saving modes. The market players are focusing on environmental concerns as it necessitates the development of more energy-efficient vending machines which is fuelling the growth of the market. For instance, in 2020, developed by KOMPEITO Inc, SALAD STAND is a vending machine that sells salads 24 hours a day. The vending machine is eco-friendly as firstly dispenses in an eco-friendly manner without the use of disposable materials and secondly, the vending machine itself is a non-CFC vending machine that does not emit CFC gas, which is harmful to the ozone layer. Such a great initiative by key players is set to increase the demand for food and beverage vending machines in the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Food and Beverages Vending Machine Market by Product Type
- Beverage Vending Machine
- Food Vending Machine
Global Food and Beverages Vending Machine Market by Payment Mode
- Cash
- Cashless
Global Food and Beverages Vending Machine Market by Application
- Corporate
- Public infrastructure
- Retail Stores
- Others (Restaurants and Hotels)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Abberfield Industries Pty Ltd.
- American Vending Machines, Inc.
- Automated Merchandising Systems Inc.
- AZKOYEN, SA
- Beta Automation
- BICOM s.r.l.
- Braimex Maquinaria, s.l.
- Bulk Vending Systems Ltd.
- Cantaloupe, Inc.
- Compass Group, UK & Ireland Ltd.
- Crane Payment Innovations
- Daalchini Technologies Pvt. Ltd
- Future Techniks India Private Ltd.
- Innovative Vending Solutions
- Royal Vendors, Inc.
- Selecta AG
- UK Vending Ltd
- Vendstop Vending Machines Trading LLC
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global food and beverage vending machine market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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