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 Insights

Coffee Machine Market size was valued at USD 6.8 Billion in 2023 and is poised to grow from USD 7.12 Billion in 2024 to USD 10.27 Billion by 2032, growing at a CAGR of 4.7% during the forecast period (2025-2032).

One of the main causes of the expansion is the rise in coffee consumption in Asian nations. Furthermore, it is projected that the introduction of new goods, including organic and green coffee, would lead to significant consumption and support market expansion. As the awareness of the health benefits of coffee rises, that includes preventing liver cancer, type 2 diabetes, and heart failure, grows among consumers, an increase in coffee maker sales is expected. This is due to there likely will be an increase in coffee consumption. The steep rise in coffee consumption is what primarily fuels the growth of the sector.

Due to a growing number of wealthy consumers and a growing taste for gourmet varieties, there has been a surge in demand for specialty beverages, particularly coffee, in recent decades. Espresso cappuccino machines reduce the time and work involved in preparing coffee in restaurants and coffee centers. The latest innovations in the global coffee machine market trends are coffee capsules that help incorporate better tasting coffee as well as smart coffee makers that are Bluetooth, Wi-Fi, voice assistance among other features. These devices can be accessed, operated, and controlled via smartphones from any location within the house.

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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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