Coffee Machine Market Vendors Are Investing In Equipment To Better Serve During Rising Demand

Global Coffee Machine Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

The Business Research Company Global Coffee Machine Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

LONDON, GREATER LONDON, United Kingdom, March 4, 2022 / — The rising popularity of non-alcoholic instant drinks such as coffee in restaurants and office cafeterias is propelling the growth of the global coffee machine market. Coffee machines reduce the time and effort required to brew a cup of coffee when used in cafes and office cafeterias. Growing need for non-alcoholic beverages among millennials, consumer awareness of low-sugar and non-alcoholic beverages, busy work schedules, and changing consumer tastes are some of the reasons that have contributed to the rise in popularity of non-alcoholic instant drinks. like coffee. Due to the growing demand for coffee, coffee suppliers are investing in proper equipment and innovative ways such as coffee capsules to deliver better tasting coffee as more cost effective options. The increasing use of coffee machines in restaurants, office cafeterias to meet the increased demand for non-alcoholic instant beverages such as coffee is increasing the demand for coffee capsules, thus accelerating the growth of the coffee machine market.

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The global coffee machine market size is expected to grow from USD 10.45 billion in 2021 to USD 11.20 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The market growth is mainly driven by businesses resuming operations and adapting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing , remote working and closing business activities. which resulted in operational difficulties. The coffee machine market share is expected to reach $14.64 billion by 2026 with a CAGR of 6.9%.

Coffee machine market trends include smart coffee machines with Bluetooth or Wi-Fi connectivity which are gaining popularity and driving the market growth. Smart coffee machines are accessible via smartphones, and users can monitor them from anywhere in the house and can also send smartphone commands. Most coffee makers have their own software to configure brew settings and schedule brew times. For example, in 2019, companies such as Jarden Customer Solutions and Smarter Applications shipped smart coffee makers with Wi-Fi connectivity that could be set via a smartphone. Therefore, smart coffee machines with Bluetooth or Wi-Fi connectivity are expected to continue this trend in the coffee machine market.

The major players covered in the global coffee machine industry are Keurig Green Mountain Inc., Panasonic Malaysia, Nestlé Nespresso SA, De’Longhi Appliances Srl, Electrolux, Morphy Richards India, Koninklijke Philips NV, Hamilton Beach Brands, Inc., Schaerer and Robert. Bosch GmbH.

TBRC’s Global Coffee Machines Market report is segmented by Type into Drip Coffee Machines, Pod/Capsule Coffee Machines, Traditional Espresso Machines, Bean-to-Cup Coffee Machines, by Product into Drip Filter, Capsule , espresso, bean in cup, per end user in household, commercial.

Global Coffee Machines Market Report 2022 – By Type (Drip Coffee Machines, Pod/Capsule Coffee Machines, Traditional Espresso Machines, Bean-to-Cup Coffee Machines), By Product (Drip Filter, Capsules, Espresso , beans in cup), By End User (Household, Commercial) – Global Market Size, Trends and Forecasts 2022-2026 is part of a series of new reports from The Business Research Company that provides an overview of the coffee machine market , forecasts Coffee Machines market size and growth for overall market, Coffee Machines market segments, geographies, Coffee Machines market trends, Coffee Machines market drivers , constraints, revenue, profiles and market shares of major competitors.

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