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The commercial coffee machine industry, with prominent players, such as Nestlé SA, Newell Brands, Panasonic Corporation and Robert Bosch GmbH holds a market share of ~10-15%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.
Major players operating in the commercial coffee machine industry include:
The North America market was valued at USD 1.8 billion in 2023 and is expected to grow at a CAGR of 5% through 2032, led by the region's strong coffee culture and high per capita consumption.
The medium price segment held a 48.2% market share in 2023 and is expected to grow at a CAGR of 5.4% during the forecast period, as it provides the necessary quality and functionality for high-volume coffee production without the high costs of premium models.
The market size of commercial coffee machine reached USD 5.5 billion in 2023 and is anticipated to register a CAGR of over 6.2% between 2024 and 2032, driven by increasing consumer demand for specialty and gourmet coffee.
The key players in the industry include Breville, De'Longhi, Electrolux, Keurig, Philips, Melitta, Morphy Richards, Nestl