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Commercial Coffee Machine Market Trends

Report ID: GMI12167
Published Date: Nov 2024
Report Format: PDF

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Commercial Coffee Machine Market Trends

IoT integration in commercial coffee machines is transforming the brewing process. Remote monitoring and advanced diagnostics enable efficient equipment management, optimizing performance and minimizing downtime. Mobile app interfaces allow customization of brewing options and provide maintenance alerts, enhancing operational efficiency and user experience. Simultaneously, the growing demand for specialty coffee has spurred the development of machines designed for high-quality beverages.

Pour-over and cold brew equipment have gained popularity as consumers seek unique flavors and artisanal methods. This trend reflects a shift towards quality and personalization in the coffee industry. The convergence of IoT technology and specialty coffee demand is driving innovation in commercial coffee machines, elevating coffee preparation standards.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

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 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 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 key players in the industry include Breville, De'Longhi, Electrolux, Keurig, Philips, Melitta, Morphy Richards, Nestlé, Newell, Panasonic, Bosch, La Marzocco, and Rancilio.