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Coffee Machines Market Analysis

  • Report ID: GMI6072
  • Published Date: Jun 2023
  • Report Format: PDF

Coffee Machines Market Analysis

Based on type, the coffee machines market is segmented into drip filter, capsule or pod, bean-to-cup, and espresso. The drip filter segment was valued at over USD 2.5 billion in 2022 and is expected to register significant growth over the forecast period. Drip filter machines offer a simple & convenient brewing method, making them popular among both coffee enthusiasts and casual consumers. The ease of use and consistent results have contributed to their widespread adoption. Additionally, drip filter machines are affordable compared to the other types of coffee machines, thereby broadening their accessibility across a wider consumer base. With the rising interest in specialty coffee and home brewing, drip filter machines have become a favored choice for those wanting a quality cup of coffee without the involvement of complex brewing techniques.
 

Coffee Machines Market Revenue Share, By End-user,

Based on end-user, the market is divided into commercial and residential. The commercial segment is expected to grow at over 2.5% CAGR during the forecast period. The demand for coffee machines in the commercial sector including cafes, restaurants, hotels, and offices has witnessed a notable growth. This growth is driven by the increasing consumer demand for roasted coffee and specialty coffee beverages. The commercial segment also requires high capacity & durable machines that can consistently deliver quality brews. Coffee machine manufacturers have responded to this trend by developing robust & advanced machines that are tailored to the specific needs of the commercial market and offering features such as multiple brewing options, programmability & ease of maintenance to cater to the rising demand for high-volume coffee preparation.
 

U.S. Coffee Machines Market Shipment

North America held the highest market share of over 30% in 2022 and is expected to grow significantly till 2032. This high share is attributed to factors including increasing coffee consumption, the growing culture of specialty coffee, and the rising preference for convenience & customization in the region. Additionally, the availability of smart home-based beverage machine also contributed to market expansion. A strong coffee culture, disposable income levels, and willingness to invest in premium coffee equipment have also created a favorable environment for the North America coffee machines market expansion.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for coffee machines was USD 8.2 billion in 2022 and will witness 3.4% CAGR from 2023 to 2032 due to the rising consumption of coffee worldwide

Coffee machines industry share from the drip filter type segment exceeded USD 2.5 billion in 2022 driven by the increasing accessibility across a wider consumer base

Demand for commercial coffee machines is estimated to record over 2.5% CAGR from 2023-2032 owing to increasing penetration in cafes, restaurants, hotels, and offices

North America recorded over 30% of the coffee machines business share in 2022 owing to the increasing coffee consumption and growing culture of specialty coffee in the region

Coffee Machines Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 585
  • Countries covered: 19
  • Pages: 300
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