A $5.2 billion global opportunity for fully automatic coffee machines by 2026

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Editing: 6; Published: February 2022
Executive Pool: 431
Companies: 141 – Players covered include Animo BV; Bravilor Bonamat BV; BSH Home Appliances Corporation; Crem International AB; De’Longhi Group; Eversys SA; Franke Holding AG; SEB Group; Gruppo Cimbali SpA; JURA Electroapparate AG; N&W Global Vending SpA; Rancilio SpA Group; Rex-Royal AG; Wilbur Curtis Co. and others.
Blanket: All major geographies and key segments
segments: Segment (Quick Service Restaurants, Full Service Restaurants)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.

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ABSTRACT-

Global fully automatic coffee machine market to reach US$5.2 billion by 2026
Coffee consumption continues to enjoy healthy demand in both developed and developing markets. Factors such as rising revenue coupled with heavy investments by major food and beverage brands are expected to benefit the growth of the market. The significant gains posted by coffee are reflected in the proliferation of coffee shops in cities around the world. Preference for coffee varies from region to region, with convenience being a driving factor in the growth of instant coffee, despite the predominance of fresh coffee. Versatile flavor and packaging options make instant coffee even more appealing to consumers. The demand for instant coffee is particularly high in developing markets such as Asia Pacific where cost and convenience play a bigger role in purchasing decisions. The instant coffee market is also high among new coffee consumers looking for convenience and taste. Automatic coffee machines are now widely used in most households and have gone far beyond restaurants and offices as before. Moreover, these devices are now more technically advanced and the series of automatic espresso machines in particular, have achieved unparalleled precision in making coffee like skilled professionals. The interest in espresso-based beverages has also led to an increase in sales of espresso machines around the world.

The coffee market has been and continues to witness robust innovation supported by the continued efforts of brands to capitalize on the strong demand for specialty coffee. Innovative flavors continue to be launched regularly. The trend is benefiting the demand for automatic coffee machines capable of dispensing coffee in a wide range of flavors. With the widespread use of several exotic flavors and blends, cafes, hotels and restaurants are feeling the pressure to have a wide range of menus to cater to customer tastes and preferences. Automatic coffee machines help meet this demand in a cost-effective way. Manually brewing coffee in all of its various flavors requires expert kitchen staff, time, resources, and incurs higher operating overhead. By comparison, the machines can dispense a wide range of flavors and mixes in a timely manner, resulting in customer satisfaction and increased footfall and revenue for restaurants and other food outlets. The trend is also encouraging several companies to launch premium flavors and blends of machine-friendly coffee.

Amid COVID-19 crisis, Global Fully Automatic Coffee Machine Market Estimated at US$4.4 billion in 2022, is expected to reach a revised size of US$5.2 billion by 2026, growing at a CAGR of 3.9% over the analysis period. Quick service restaurants, one of the segments analyzed in the report, is expected to grow at a CAGR of 3.8% to reach US$3.8 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the full-service restaurant segment is readjusted to a revised CAGR of 4.3% for the next 7-year period. This segment currently accounts for a 29.5% share of the global market for fully automatic coffee machines. Self-service kiosks are already quite famous in Asian and European fast-casual restaurants and they are spreading rapidly even in the United States. This increased use of self-service kiosks in restaurants has led to the growing adoption of coffee vending machines in bakeries and hotels.

The US market is estimated at $1.2 billion in 2022, when China is expected to reach $343.1 million by 2026
The fully automatic coffee machine market in the United States is estimated at US$1.2 billion in 2022. The country currently accounts for a 26.27% share of the global market. Chinaworld’s second largest economy, is expected to reach an estimated market size of US$343.1 million in 2026 with a CAGR of 4.2% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 3.4% and 3.8% respectively over the analysis period. In Europe, Germany is expected to grow at around 4.1% CAGR while the rest of the European market (as defined in the study) will reach US$470.3 million at the end of the analysis period. Continued

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