Coffee Machine Market is estimated to witness a higher CAGR over the forecast period, due to the rising consumption of coffee in emerging nations and rising disposable income.

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Key Drivers

Some of the major factors driving the global coffee machine market include growing consumption of coffee among consumers, increasing growth rate of food and beverages industry, ease of using coffee machines, and growing demand for automated kitchen appliances throughout the world. Increasing awareness about the health benefits of coffee that includes improving energy levels and physical performance, fat burning, lowering the risk of type 2 diabetes, is expected to result in high demand for coffee. In addition to this, the introduction of new coffee products, including green and organic coffee is anticipated to result in a high consumption of coffee, thereby increasing the demand for coffee machines. Rising disposable income, growing youth population, and the increasing working class are further boosting the demand for coffee machines during the forecast period. The demand for coffee machines is increasing rapidly, owing to the expansion of the coffee culture or the expansion of coffee shops and capsule systems.

The increasing trend of coffee consumption and the advancements in the design of the various beverage vending machines has captivated the end-users to purchase coffee makers for their daily needs, which is expected to augment the market growth. For instance, in April 2020, 7-Eleven Inc. developed a latest beverage dispenser machine incorporated with the touch screen features helping users to select a quantity, temperature, and intensity of coffee during brewing each cup of drink. The expansion of fast-food industry and the rising number of fast-food restaurant, quick-service restaurants, and bakeries are further propelling the demand for automatic machines that can quickly serve high-quality coffee. Furthermore, the rapidly growing market for ready to drink beverages, specially, coffee infused beverages, is contributing to the growth and development of the coffee machine market. Moreover, increasing investment of manufacturers in R&D to introduce advanced machines with the latest technologies that include one touch automatic coffee machines, smart coffee machines with Bluetooth or Wi-Fi connectivity that can be accessed through smartphones by users is also driving the global coffee machines market. Increasing applications of coffee machines in various sectors, including residential, commercial spaces, hotels, restaurants, and hospitals, among other sectors, is expected to provide lucrative opportunities for the coffee machine market during the forecast period. However, the high maintenance cost and availability of alternative products for coffee such as tea, energy drinks, fruit juices, smoothies, and green tea among other beverages, may hamper the global coffee machine market.

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Product Segment Analysis

Based on the product, the market is segmented into drip filter, capsule, espresso, and bean-to-cup. The drip filter segment is expected to have dominate the coffee machine market during the forecast period. Various advantages of drip filter coffee machine including easy to use feature, cost-effectiveness, reusable filters, and availability of programmable drip filter coffee machines are contributing to the growth and development of the drip filter coffee machines market. The growing emphasis of manufacturers to launch drip machines with advanced technological features, will offer enormous opportunities to the market.

Application Segment Analysis

Based on application, the market is segmented into commercial and residential. Commercial application segment is anticipated to grow at a higher CAGR in the global coffee machine market share during the forecast period, due to the increasing deployment of automatic dispensing machines in corporate offices. Moreover, the rapidly growing corporate sector will further fuel the demand for coffee machines.

The residential segment is forecast to hold the largest share in the market owing to the increasing consumption of coffee bags among households. For example, as per the data by the United States Department of Agriculture (USDA), as of 2019-2020, European Union domestic coffee consumption volume reached to 45.85 million kg. bags.

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Regional Analysis

Based on the region, the Europe region is anticipated to lead the coffee machine market during the forecast period. This is mainly due to the high consumption of coffee in the region, coupled with the rising number of cafes, coffee bars, and quick service restaurants. Moreover, the presence of a large number of coffee exporters in the region is further augmenting the market growth. As per the European Coffee Federation, the consumption of total green coffee & instant tea volume in Germany reached 0.367 million tonnes gauging for 26% of the overall European consumption. Moreover, increasing import of the green coffee beans and the surging demand for the espresso blend drinks will boost the regional growth. According to the data presented by the CBI Ministry of Foreign Affairs, in 2018, the Italian import volume of the green coffee beans reached to 0.60 million tonnes at USD 1,487.70 million.

Asia Pacific coffee machine market is projected to witness a faster CAGR over the upcoming years, due to the surging consumption of coffee bags. As per the data by the International Coffee Organization, in 2019, coffee consumption across the Asia & Oceania region was nearly 37.51 million bags, exhibiting a increase of 2.9% over 2018.

Various notable players operating in the global Coffee Machine Market include Robert Bosch GmbH, Keurig Green Mountain, Inc., Panasonic Corporation, AB Electrolux, Nestlé Nespresso SA, De’Longhi Appliances S.r.l., Morphy Richards, Koninklijke Philips N.V., Hamilton Beach Brands, Inc., and Schaerer, among others.

 Key Developments: 

• • In 2020, Xiaomi has announced to launch Capsule Coffee Machine under its Mijia brand. The coffee machine has been focused on reducing complexity and make easy to drink coffee with one click. With this launch, the company has been increasing its product portfolio in the coffee machines market in China.
  • In 2019, Koninklijke Philips N.V. launched a coffee maker named as Philips Espresso that prepares five beverages including coffee, espresso, americano, cappuccino, and latte macchiato. Additionally, LatteGo technology of the machine is said to create smooth milk foam and leave no milk residue after every cup of coffee. The MyCoffee Choice feature can be used by the consumers to adjust the aroma strength and quantity of both coffee and milk.
  • In 2019, Luigi Lavazza Spa, an Italian manufacturer of coffee products, launched Lavazza Blue (LB) range coffee machines namely, Classy Milk, Classy Compact and Classy Mini in India. This new product range is for commercial services that includes small workstations and offices in India. The design of the product is focused on minimal utilization of space and the machine is equipped with Bluetooth technology and a one-touch feature.

The global Coffee Machine market has been segmented on the basis of product, application, and regions. Based on product, the market is segmented into drip filter, capsule, espresso, and bean-to-cup. Based on application, the market is segmented into commercial and residential.

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Key questions answered in this research report:

• • At what pace is global Coffee Machine Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Coffee Machine Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Coffee Machine Market?
  • Which product generated maximum revenues in 2019 and identify the most promising product during the forecast period?
  • What are the various applications of global Coffee Machine Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2019)	USD Million
Market Base Year	2019
Market Forecast Period	2020-2027
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Robert Bosch GmbH, Keurig Green Mountain, Inc., Panasonic Corporation, AB Electrolux, Nestlé Nespresso SA, De’Longhi Appliances S.r.l., Morphy Richards, Koninklijke Philips N.V., Hamilton Beach Brands, Inc., and Schaerer among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Coffee Machine Market by Product

• • Drip Filter
  • Capsule
  • Espresso
  • Bean-to-Cup

Global Coffee Machine Market by Application

• • Commercial
  • Residential

Global Coffee Machine Market by Region

• • North America Coffee Machine Market (Option 1: As a part of the free 25% customization)
    • By Product
    • By Application
    • US All-Up
    • Canada All-Up
  • Europe Coffee Machine Market (Option 2: As a part of the free 25% customization)
    • By Product
    • By Application
    • UK All-Up
    • Germany All-Up
    • France All-Up
    • Spain All-Up
    • Rest of Europe All-Up
  • Asia-Pacific Coffee Machine Market (Option 3: As a part of the free 25% customization)
    • By Product
    • By Application
    • China All-Up
    • India All-Up
    • Japan All-Up
    • Rest of APAC All-Up
  • RoW Coffee Machine Market (Option 4: As a part of the free 25% customization)
    • By Product
    • By Application
    • Brazil All-Up
    • South Africa All-Up
    • Saudi Arabia All-Up
    • UAE All-Up
    • Rest of world (remaining countries of the LAMEA region) All-Up

Global Coffee Machine Market Players (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Robert Bosch GmbH
  • Keurig Green Mountain, Inc.
  • Panasonic Corporation
  • AB Electrolux
  • Nestlé Nespresso SA
  • De’Longhi Appliances S.r.l.
  • Morphy Richards
  • Koninklijke Philips N.V.
  • Hamilton Beach Brands, Inc.
  • Schaerer