- Superior functionality of fast turnaround and less brewing time attract installation of fully automatic coffee machines in businesses, airports and HoReCa workplaces
- A significant number of small and large cafes serving ready-to-drink coffee to meet the growing trend of going out for coffee in developing economies is driving demand
ALBANY, NY, June 6, 2022 /PRNewswire/ — The fully automatic coffee machine market is expected to grow at a CAGR of 3.4% over the forecast period from 2022 to 2031. The increasing number of coffees to meet the growing demand for various shapes and flavors leading the growing installation of fully automatic coffee machines.
The emergence of large coffee chains such as Starbucks and Costa which have a global presence is directly contributing to the growth of the automatic coffee machine market. Additionally, the increasing number of quick-service restaurants serving machine-brewed coffee is bolstering the growth of the fully automatic coffee machine market.
Changing consumer tastes with increasing preference for coffee over tea and other beverages are also bolstering the growth of the fully automatic coffee machine market.
The role of product manufacturers in the design and integration of additional units results in extended functionality of some current fully automatic espresso and cappuccino coffee machines.
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Fully Automatic Coffee Machines Market – Key Findings of the Report
- The common habit of individuals to sip coffee in airports and shopping malls, among others, is the advantage of owning a coffee machine entirely for food retailers. This leads to the increasing installation of the best fully automatic coffee machines, including lattes, espresso machines and vending machines.
- The design and functional features of the fully automatic coffee machine make it the fastest way to prepare coffee. Fully automatic coffee machines can use coffee pods, coffee beans and capsules in which the machine automatically grinds the coffee beans, cups them firmly and extracts the coffee.
- HoReCa businesses such as quick service restaurants and full service restaurants show the main demand for fully automatic coffee machines. Various coffee chains have major expansion plans on the cards, which include setting up outlets in various locations such as malls, airports, and highways. According to published data, Starbucks added 484 new stores in the first quarter of 2022, 538 stores in the previous quarter, and a total of 1,173 new stores in 2021.
- The commercial end-user segment is expected to witness the greatest growth in the fully automatic coffee machine market over the forecast period. The commercial segment includes HoReCa, transportation facilities, workplace, hospitals and others which are boosted by the increase in the number of fast food restaurants, cafes, etc.
- The product type of drip coffee maker is expected to grow at a significant rate during the forecast period. Factors such as changing consumer tastes and preferences, increasing demand from the millennial population, and adoption of western habits are cementing the growth of the drip coffee machine product segment. A favorable cost factor and the benefits of reduced repairs and maintenance are boosting the demand for drip coffee machines.
- Exponential growth of the agro-food industry in the emerging economies of Asia Pacific makes it a key region in the fully automatic coffee machine market
- The desire of some manufacturers to meet customer demand by introducing new products has led to an automatic coffee machine for offices, small catering units and retail applications.
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Fully Automatic Coffee Machines Market – Growth Drivers
- Rising standard of living of consumers to go out for coffee for leisure and profession is fueling the growth of the fully automatic coffee machine market
- Extensive installation of espresso machines, vending machines, and capsule coffee machines in corporate offices, colleges, shopping malls, and airports, among others, is fueling the growth of the fully automatic coffee machine market
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Fully Automatic Coffee Machines Market – Key Players
Some of the major players operating in the fully automatic coffee machine market are;
- Bravilor Bonamat B.V.
- Franke Holding AG
- Rex-Royal AG Eversys AG
- Rancilio SpA Group
- Animo B.V.
- Group SEB
- Wilbur Curtis Co.
- JURA Electroapparate SA
- Cimbali Group SpA
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The fully automatic coffee machine market is segmented as follows;
Type of HoReCa
- Quick service restaurants
- Fast food
- Take away restaurants
- Full-service restaurants
- Gourmet restaurants
- Casual Restaurants
- Hotel & Club Catering
- Less than $2,000
- $2,000– $4,000
- $4,000 – $6,000
- More … than $6,000
- North America
- Latin America
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