The automatic coffee machine market will see a CAGR of 5.1% throughout the years 2021 to 31. It is projected that demand for automated coffee makers will continue to soar, especially given the expanding popularity of fast-food businesses.
The market is experiencing a rapid adoption of super and fully automatic coffee machines, known for their consistent high quality and efficient operation. Coffee maker manufacturers are making every effort to stay abreast of advancing technologies and changing consumer tastes. As smart home and technology trends infiltrate the market, smart and Wi-Fi connected coffee machines are making their debut.
Automatic Coffee Machines Market – Important Highlights
- According to product type, super automatic coffee machine is estimated to hold the maximum market share during the forecast period, due to its high consistency in quality.
- Semi-automated coffee machine market is expected to gain momentum, owing to its flexibility like manual timers and due to its lesser price.
- Hotels and cafes are anticipated to account for the lion’s share in the global market, due to a sudden increase in out-of-home consumption among people in the recent years.
- North America is estimated to hold the lead market share in the projected years, with US being in the forefront, owing to the love for coffee among the residents and their growing preference towards automated kitchen appliances.
- India is estimated to hold a prominent market share due to its Rapid increase in urbanization and foundation of several IT parks in emerging which is likely to boost consumption of coffee beverages.
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- Growth Drivers:
- Convenience: Automatic coffee machines offer ease of use and convenience, catering to the fast-paced lifestyle of modern consumers who seek quick and efficient solutions for their caffeine needs.
- Customization: Many automatic coffee machines come with programmable features, allowing users to customize their coffee preferences such as strength, size, and type, enhancing the overall user experience.
- Variety: These machines often offer a wide range of beverage options beyond basic coffee, including espresso, cappuccino, latte, and more, appealing to a broader consumer base with diverse tastes.
- Quality: Advances in technology have led to improvements in the brewing process, resulting in better extraction and flavor profiles, which can rival those of specialty coffee shops, attracting discerning consumers.
- Home and Office Use: With more people working remotely or from home, there is a growing demand for automatic coffee machines in residential settings as well as in offices, driving market growth.
- Industry Restraints:
- Cost: Automatic coffee machines can be relatively expensive compared to traditional coffee makers, deterring budget-conscious consumers from purchasing them.
- Maintenance: These machines require regular cleaning and maintenance to ensure optimal performance and longevity, which may be perceived as a hassle by some users.
- Complexity: Despite their convenience, some automatic coffee machines can be complex to operate, especially for users who are not technologically inclined, potentially limiting their appeal.
- Dependency on Electricity: Automatic coffee machines rely on electricity to function, making them susceptible to power outages or disruptions, which can hinder their usability in certain situations.
- Environmental Concerns: Some consumers may have reservations about the environmental impact of automatic coffee machines, particularly regarding the use of disposable pods or capsules, leading to sustainability considerations influencing purchasing decisions.
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Competitive Landscape
Besides adopting different strategies for expansion, the key market players are therefore focusing on product launches with advanced features
For instance:
- Swiss brand – Ergo has lately started selling a fully automatic coffee machine, called Next Touch Coffee. Besides featuring a self-adjusted grinder, it can be configured with IoT innovations and different options, and has a wide range of payment systems. The report contains insights of some prominent players in the global automatic coffee machine market, like Koninklijke Philips N., Keurig Green Mountain, Inc., De’Longhi Appliances s.r.l, Nestlé Nespresso S.A and many more.
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Market Taxonomy
Product Type
- Fully Automatic
- Super Automatic
- Semi-Automatic
End Use
- Hotel
- Restaurant
- Cafe
- Institutional
- Residential
Regional Outlook
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of LATAM)
- Europe (Germany, U.K., France, Italy, Spain, Rest of Europe)
- Middle East and Africa (GCC Countries, Northern Africa, South Africa, Rest of MEA)
- East Asia (China, Japan, South Korea)
- South Asia (India, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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