Global Coffee Machine Market

Coffee Machine Market Size, Share, Growth Analysis, By Type (Filter Coffee Machines, Capsules or Pod Coffee Machines), By Technology (Fully Automated, Semi-Automated), By End User (Residential, Commercial), By Region -Industry Forecast 2025-2032

Report ID: SQMIG25E2125 | Region: Global | Published Date: November, 2024
Pages: 176 | Tables: 92 | Figures: 71

Coffee Machine Market News

  • In September 2024, Nestlé’s Nespresso brought out their latest range of coffee machines made with strain-free materials and moisture efficient systems which are energy consuming. The step is in line with Nestlé’s environmental strategy where they aim to lessen their footprint. With the application of smart technology, the devices have personalized settings for brewing and add advantages in terms of convenience and quality.
  • In August 2024, Philips unveiled its latest fully automated coffee machine, the Series 5000, designed with advanced brewing technologies to deliver personalized coffee experiences. The device comes with a personalized dashboard and froth maker system. Philips wishes to increase satisfaction by incorporating exceptional coffee quality with intelligent, yet easy to use features.
  • In July 2024, Breville introduced its BES870XL Barista Express Espresso Machine with an updated Smart Grinder Pro. In this new model, the digital temperature control (PID) system has been greatly improved, and the performance of the steam wand has been upgraded. This update promises to give home baristas a more exact and steady way of brewing coffee.
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Global Coffee Machine Market size was valued at USD 6.49 Billion in 2022 poised to grow from USD 6.80 Billion in 2023 to USD 9.81 Billion by 2031, growing at a CAGR of 4.7% in the forecast period (2024-2031).

The global coffee machine market is very competitive with many players producing different types of coffee machines for different consumers. Some of these international corporations that operate in the market include Nestle (Nespresso), Keurig Dr Pepper, Philips, Breville and De’Longhi. These companies mainly rely on innovation with new features smart connectivity, ability to customize and reduce power consumption to pull many consumers. The market is also experiencing higher collaborations and mergers and acquisitions which enhance the innovation of products and widening the scope of distribution. 'Nestlé (Switzerland)', 'Keurig Dr Pepper (USA)', 'Philips (Netherlands)', 'De'Longhi (Italy)', 'Jura Elektroapparate (Switzerland)', 'Breville Group (Australia)', 'Melitta (Germany)', 'Saeco (Italy)', 'Hamilton Beach Brands (USA)', 'BUNN (USA)', 'Gaggia (Italy)', 'Redmond (Russia)', 'Smeg (Italy)', 'Illycaffè (Italy)', 'WMF Group (Germany)'

The global increase in coffee consumption, driven by younger generations and urbanization, significantly fuels the coffee machine market. The emerging consumer culture that thrives on ease and variety has led to an increase in the demand for home brewing systems, more so, single-serving and automatic machines. This, in turn, brings changes in the coffee industry, leading to an upward thrust in the global coffee machine market growth.

Rise of Smart Coffee Machines: The incorporation of cutting-edge technology is also a notable trend today where voice control, app customization, and connectivity via wi-fi are becoming popular. The growing demand for coffee machines, particularly in the premium coffee machine market, is fueled by the consumers quest for easiness and convenient personalized brewing and use of coffee machines from a distance.

North America dominates the global coffee machine market due to the region's strong coffee culture, high disposable incomes, and increasing demand for premium coffee products. Especially in the United States the market for coffee has a long-standing drinking culture which has enhanced the demand for at home and commercial coffee equipment. New developments in coffee equipment like smart machines and single-serve systems focus on consumers looking for ease of use. Furthermore, the increasing number of coffee drinkers enjoying coffee in coffee shops and cafes in the cities helps to support the commercial sector. When it comes to appeasing the consumer’s growing desire for quality and customized styles of brewing, North America is the leading and biggest market for all coffee business across the world.

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Global Coffee Machine Market

Report ID: SQMIG25E2125

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