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Coffee Machines Market Trends

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

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Coffee Machines Market Trends

The integration of smart technology can be considered a prominent trend in the coffee machine market. These machines equipped with smart capabilities, such as Wi-Fi connectivity and smartphone app control, have currently gained popularity. This trend allows users to remotely control their machines, adjust the brewing settings, and receive notifications. Smart features also enable the personalization of coffee preferences and access to recipe libraries. The integration of smart technology enhances user convenience and provides a more connected & interactive coffee brewing experience, thereby catering to the growing demand for advanced & customizable coffee solutions.

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