USD 4.22 billion
Fully-Automated Coffee Machine Market Size, Share, Growth Analysis, By Product Type(Built-In Fully Automatic Coffee Machines, Contactless & Low Contact Fully Automatic Coffee Machines, Standalone Fully Automated Coffee Machine), By End-Use(Hotels, Full-Service Restaurants, Quick Food Restaurants, Café), By Price Range(0 To € 2, 000, € 2, 000 – €4), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25AF2004 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
107
|Figures:
76
Fully-Automated Coffee Machine Market Insights
Fully-Automated Coffee Machine Market size was valued at USD 4.22 billion in 2019 and is poised to grow from USD 4.4 billion in 2023 to USD 6.2 billion by 2031, growing at a CAGR of 4.4% in the forecast period (2024-2031).
Coffee has become an essential part of work culture and working people. Commercialization has evolved the way consumers consume coffee. It plays a pivotal part in defining lifestyle. People are willing to invest in acquiring a taste of different types of coffee. This in turn is driving the demand for automated coffee machines in the global market.
Working class population are actively investing in consuming coffee everyday to cope up with their lifestyle, for caffeine stimulation, and to acquire novel tastes offered by coffee makers. Players in the global fully automated coffee machine market are offering various types of machines ranging from one touch coffee machines to super automatic coffee machines. Delivering customer satisfaction by employing the latest technology to deliver best coffee will allow players to stay ahead in the competition. Wide acceptance for coffee, Starbucks culture, drinking coffee conveniently, and vegan or novel coffee flavours are likely to drive the demand for the market.
US Fully-Automated Coffee Machine Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Built-In Fully Automatic Coffee Machines
Fastest Growth
Built-In Fully Automatic Coffee Machines
Growth Rate
4.4% CAGR
Global Fully-Automated Coffee Machine Market ($ Bn)
Country Share for Europe Region (%)
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Fully-Automated Coffee Machine Market Segmental Analysis
Fully-Automated Coffee Machine Market is segmented based on the product type, end user, price range and region. Based on the product type, Fully-Automated Coffee Machine Market is segmented into built-in fully automatic coffee machines, contactless & low contact fully automatic coffee machines and standalone fully automated coffee machine. Based on end user, Fully-Automated Coffee Machine Market is segmented into hotels, full-service restaurants, quick food restaurants, café, offices, travel, residential, convenience stores, catering, and others. Based on the price range, Fully-Automated Coffee Machine Market is segmented into 0 To € 2,000, € 2,000 – €4,000, € 4,000 To € 8,000, € 8,000 – €12,000, Greater than € 12,000. Based on region Fully-Automated Coffee Machine Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Fully-Automated Coffee Machine Market Analysis by Product Type
The global fully-automated coffee machine market is segmented based on product type into built-in fully automatic coffee machines, contactless & low contact fully automatic coffee machines and standalone fully automated coffee machine. The standalone fully automated coffee machine segment is anticipated to hold the largest share in the market. One of the major factors expected to drive the segment growth is the expansion of commercial and industrial sectors, which will result in high demand for automatic coffee makers in emerging countries around the world. Furthermore, the high consumption of instant coffee, particularly among the working population around the world, is expected to have a significant impact on the growth of the fully-automated coffee machine market.
Fully-Automated Coffee Machine Market Analysis by End User
The global fully-automated coffee machine market is segmented based on end-user into hotels, full-service restaurants, quick food restaurants, cafés, offices, travel, residential, convenience stores, catering, and others. The quick food restaurants segment is anticipated to hold the largest share in the market. The food service chains such as McDonalds, Starbucks, Café Coffee Day, etc., evolved as a large conglomerate over the past few years. These companies have invested huge sum in expansion activities, which includes new installations of fully-automated coffee machines as well. Furthermore, people's out-of-home coffee drinking habits are fueling growth in the commercial sector. According to the National Coffee Data Trends (NCDT) report, people in the United States increased coffee consumption at coffee shops by 20% since January 2021, with a 16% increase in overall out-of-home coffee consumption.
Global Fully-Automated Coffee Machine Market By Product Type
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Fully-Automated Coffee Machine Market Regional Insights
The global fully-automated coffee machine market is studied on the basis of geography as North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The Europe region is expected to account for the largest market. According to the International Coffee Organization, Europeans consumed 242 million kilograms of coffee between June 2020 and June 2021. When the United Kingdom (21.8 million kgs) and Switzerland (9.3 million kgs) are factored in, a staggering total of 273 million kgs of coffee were consumed. Growing European interest in specialty coffees, both Arabica and Robusta, means more opportunities in the European market. These opportunities are especially appealing to exporters who can consistently supply high-quality coffees that meet the Q Arabica (Specialty Grade) and Q Robusta (Fine Robusta Grade) standards.
North America will hold large shares of the global market as the U.S. is a coffee lover country . According to a report by the National Coffee Association, espresso beverages have grown by three fold during 2016 and 2018 and it is expected to keep growing among the young population. These factors will boost the demand for coffee consumption in this region.
Global Fully-Automated Coffee Machine Market By Region
- Largest
- Fastest
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Fully-Automated Coffee Machine Market Dynamics
Fully-Automated Coffee Machine Market Driver
Technological Advancement
- Increasing integration of smart technology in domestic electronic appliances is expected to be a recurring trend throughout the forecast period. Automatic coffee machines are recognized as one of the most important pieces of equipment in today's modern kitchen. Bluetooth and Wi-Fi connectivity are gaining popularity as users can operate automatic coffee machines via smartphones and provide instructions from anywhere within the house's connectivity range. Users may receive notifications and reminders via mobile apps for water refilling, water filter disc replacement, and the volume of milk, water, or coffee beans in the machine. Furthermore, the new feature of multiple brewing, i.e., the ability to make two cups of coffee at the same time, is highly likely to attract a large customer base. Thus, increased flexibility in operating automatic coffee machines via smartphone communication is expected to drive the fully-automated coffee machine market during the forecast period.
Fully-Automated Coffee Machine Market Restrain
High Cost of Automatic Coffee Machine
- The high cost of an automatic coffee machine is expected to remain a market constraint. Because of the rapid adoption of technology, manufacturers are spending heavily to provide buyers with cutting-edge products. However, the high cost of a fully automated coffee machine is expected. This will have an impact on consumer decision-making in the near future. As a result, manufacturers are focusing on providing automatic coffee machines with advanced technology at a reasonable price.
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Fully-Automated Coffee Machine Market Competitive Landscape
The global fully-automated coffee machine market has a fairly consolidated competitive landscape, with the majority of key players focusing on product quality, product variety, eco-friendly product launches, and market expansion. Competition within the automatic coffee machines market has been increasing with time. As a result, market participants are focusing on product launches with advanced features as well as expansion strategies.
Fully-Automated Coffee Machine Market Top Company Profiles
- Keurig Dr Pepper Inc.
- Nestlé S.A.
- Jura Elektroapparate AG
- Koninklijke Philips N.V.
- De'Longhi S.p.A.
- Breville Group Limited
- WMF Group GmbH
- Schaerer AG
- Franke Holding AG
- Gruppo Cimbali S.p.A.
- Thermoplan AG
- Melitta Group
- Siemens AG
- La Marzocco International LLC
- Bravilor Bonamat B.V.
- Rex-Royal AG
- Egro S.p.A.
- Nuova Simonelli S.p.A.
- Carimali S.p.A.
- Rancilio Group S.p.A.
Fully-Automated Coffee Machine Market Recent Developments
- In June 2022, Morning, a Singapore-based Coffee Machine manufacturer, has announced a USD 5 million Series A funding round. East Ventures, a Southeast Asian firm, was in charge of this. The investment in 2020 was followed by a USD 177,000 Kickstarter campaign valuation. This investment put the morning machine on the map around the world.
- In May 2022, WMF Professional Coffee Machines has added the WMF 950 S product line to its portfolio. This newly developed machine is fully automatic and equipped with advanced professional technology. The company primarily sells high-quality coffee machines designed to brew small amounts of coffee.
Fully-Automated Coffee Machine Key Market Trends
- People prefer to drink coffee, espresso, and other similar beverages at a café or restaurant on special occasions or when meeting up with friends or colleagues. This has resulted in an increase in the number of small and large cafes that serve ready-to-drink coffee. These factors are fueling global demand for fully automatic coffee machines.
- Growing urbanization and changes in consumer living standards are important factors driving up demand for fully automatic coffee machines. Furthermore, the cafe and dining-out culture is changing as the millennial population grows.
Fully-Automated Coffee Machine Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global fully-automated coffee machine market analysis, fully automatic coffee machines are used in a variety of end-use segments, including airports, hotels, and offices. Various coffee chains are constantly working on their diversification and growth strategies, establishing infrastructure in various locations such as airports, malls, and highways. Starbucks added 484 new stores in the first quarter of 2022, 538 in the previous quarter, and 1173 in the fiscal year 2021, according to year-end data provided by the company. Furthermore, Starbucks intends to open 2000 new locations by the end of 2022. With developments in the travel and tourism industry post-Covid-19, the HoReCa business has seen a diversification in the number of quick-service restaurants as well as full-service restaurants, which is also leading to an increase in demand for fully automatic coffee machines.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 4.22 billion |
| Market size value in 2031 | USD 6.2 billion |
| Growth Rate | 4.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Fully-Automated Coffee Machine Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Fully-Automated Coffee Machine Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Fully-Automated Coffee Machine Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Fully-Automated Coffee Machine Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Fully-Automated Coffee Machine Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Fully-Automated Coffee Machine Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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