The global coffee machine market is anticipated to grow at a CAGR of 4.6% during the forecast period. The rising coffee-drinking population globally with the expansion of coffee-making equipment and solutions is likely to be a prospective driver for the global coffee machine market growth. With the growth in the coffee-drinking population, the demand for specialty beverages including coffee has grown significantly in recent years which in turn is likely to trigger the demand for coffee machines. According to British Coffee Association, coffee is the most popular drink across the globe with around 2 billion cups consumed every day. According to the same source, UK accounted for approximately 98 million cups of coffee per day. Additionally, the expansion of coffee-making equipment and solutions is catering to the consumer’s demand for personalized products. Manufacturers are offering various sizes and shapes as well as a varied range of coffee-making solutions including filter coffee machines, espresso coffee machines, capsule or pod coffee machines, and others. This is further adding to the growth of coffee machines in the market.
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The lockdown due to the COVID-19 pandemic devastatingly affected sales of appliances such as coffee machines in coffee houses, and offices due to their closer and public health restrictions. During the start of the pandemic, the varying levels of public health restrictions on the operation of non-essential businesses continued. The concept of coffee at home began to get traction in 2020 which increased the consumption of coffee at home and increased the demand for portable, easy-to-use, and automated coffee machines for home use. For instance, according to Keurig, approximately 3 million new households purchased Keurig machines in 2020, bringing the total number of households with Keurigs to 33 million.
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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 Coffee Machine Market by Product Type
- Filter Coffee Machines
- Capsule or Pod Coffee Machines
- Traditional Espresso Machines
- Bean-to-cup Coffee Machines
Global Coffee Machine Market by Technology
- Manual
- Semi-Automated
- Fully Automated
Global Coffee Machine Market by End User
- Residential
- Commercial
Global Coffee Machine Market by Distribution Channel
- Online
- Offline
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
- Animo BV
- Bravilor Bonamat BV
- Bunn-O-Matic Corp.
- BSH Home Appliances Ltd
- Electrolux Professional AB
- Groupe SEB USA
- p.A.
- Hamilton Beach Brands, Inc.
- JURA Elektroapparate AG
- Koninklijke Philips N.V.
- LUIGI LAVAZZA S.P.A.
- Melitta UK Ltd
- Morphy Richards India
- Nestlé Nespresso SA
- Nuova Distribution USA, LLC.
- RANCILIO GROUP S.p.A.
- Schaerer AG
- Zojirushi America Corp.
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 coffee 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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