Dublin, Dec. 18, 2023 (GLOBE NEWSWIRE) -- The "Fully Automatic Coffee Machines - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
Global Fully Automatic Coffee Machines Market to Reach $6.2 Billion by 2030
The global market for Fully Automatic Coffee Machines estimated at US$4.4 Billion in the year 2022, is projected to reach a revised size of US$6.2 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Quick Service Restaurants, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$4.3 Billion by the end of the analysis period. Growth in the Full Service Restaurants segment is estimated at 4.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 4.5% CAGR
The Fully Automatic Coffee Machines market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$408 Million by the year 2030 trailing a CAGR of 4.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
Key Market Trends & Drivers:
- Expanding Range of Coffee Flavors & Blends Encourage Adoption to Automated Coffee Machines to Save Time & Cost
- Rise of V-Commerce Bodes Well for Increased Adoption of Automated Coffee Machines in Food Service Outlets
- With Food Vending Exploding into a Major Trend, Coffee Vending Machines Are Poised to Witness Robust Growth: Global Opportunity for Vending Machines (In 000s of Installed Units) for Years 2020, 2022 and 2024
- Robust Outlook for Coffee Shops Bodes Well for Increased Investments in Automatic Coffee Machines
- Rise of Coffee Shops Strengthens the Business Case for Fully Automatic Coffee Machines for Efficient Management of Customer Traffic & for Meeting Contactless Service Needs: Global Opportunity for Coffee Shops (In US$ Billion) for Years 2021, 2023, 2025 and 2027
- Rise of Digital Self-Service Drives Adoption of Automated Self-Service Coffee at Hotels, Restaurants & Bakery
- AI Enables Automatic Coffee Machines to Dispense Personalized Coffee
- Rise of Offices With Kitchenette as the Future of Workplace to Benefit Demand for Automatic Coffee Machines
- Smart Coffee Machines with Advanced Functionalities to Expand Market Opportunities
Company Coverage:
- Animo B.V.
- Bravilor Bonamat BV
- Bunn-O-Matic Corporation
- Ascaso Factory SLU
- JURA Elektroapparate AG
- Koninklijke Philips N.V.
- Keurig Green Mountain
- De`Longhi Group
- Miele & Cie. KG
- Nestle Nespresso SA
Key Attributes:
Report Attribute | Details |
No. of Pages | 427 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $4.4 Billion |
Forecasted Market Value (USD) by 2030 | $6.2 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |
Key Topics Covered:
1. MARKET OVERVIEW
- Fully Automatic Coffee Machines - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Robust Coffee Industry Provides the Foundation for the Growth of Fully Automatic Coffee Machines
- Robust Global Appetite for Coffee Bodes Well for Automated Brewing of the Beverage: Global Consumption of Coffee (In Millions of 60Kgs Bags) for Years 2015, 2017, 2019, 2021, and 2023
- The Never-Ending "Race" Between the Virus & Vaccines Continues. Amidst this Chaotic Battle, Where is the World Economy Heading Now & Beyond?
- Omicron Variant Brings Back Memories & Fears of the Worst Part of the 2020 Pandemic
- Time is of Essence! What We Know So Far - "Vaccine Efficiency Against New Strains is Decreasing"
- With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking. But How Practical Is It to Implement Them?
- With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of December 2021
- At the Dawn of 2022, We Leave Behind Millions of Deaths Due to New Strains & Once Again Stare at an Impending Catastrophe
- How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
- Split Scenarios Unfold: The Great Vaccine Divide Emerges
- Vaccine Imbalances to Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of November 2021
- Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
- With IMF Making an Upward Revision of Global GDP for 2021, Companies Are Bullish About an Economic Comeback Despite a Continuing Pandemic
- A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Easing Unemployment Levels in 2021 & 2022 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
- How the Food Service Industry Was Impacted by the Pandemic & What's The New Normal?
- Fully Automatic Coffee Machines: Definition, Importance & Benefits
- Recent Market Activity
- Innovations
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/nci2fi
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