Global Coffee Machines Market
Dublin, April 12, 2023 (GLOBE NEWSWIRE) — The “Coffee Machines Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the market.
The global coffee machines market will grow from $11.2 billion in 2022 to $11.99 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The coffee machines market is expected to grow to $15.65 billion in 2027 at a CAGR of 6.9%.
Major players in the coffee machines market are Keurig Green Mountain Inc., Panasonic Malaysia, Nestle Nespresso S.A., De’Longhi Appliances S.r.l., Electrolux, Morphy Richards India, Koninklijke Philips N.V., Hamilton Beach Brands, Inc., Schaerer, and Robert Bosch GmbH.
Reasons to Purchase
Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
The coffee machines market consists of sales of filter coffee machines, pod/capsule coffee machines, bean-to-cup coffee machines, and other coffee machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Coffee machines are small electrical machines used for coffee making. They are used in hotels, restaurants, cafes, and offices.
Asia Pacific was the largest region in the coffee machines market in 2022. Western Europe was the second-largest region in the coffee machine market. The regions covered in the coffee machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The main types of coffee machines are filter coffee machines, pod/capsule coffee machines, traditional espresso machines, and bean-to-cup coffee machines. Filter coffee machines allow a person to make a large amount of filter coffee with features like timer-controlled brewing, alarm clock, and others. Further, the type of products used are drip filters, capsules, espresso, and bean-to-cup, and are used for household and commercial purposes.
The growing popularity of instant non-alcoholic beverages such as coffee in restaurants, and office cafeterias propels the growth of the coffee machines market. The coffee machines reduce the time and effort required in preparing a cup of coffee when used in coffeehouses, and office cafeterias. The increasing need for non-alcoholic beverages drinks among millennials, consumer awareness toward low sugar and non-alcoholic drinks, busy work schedules, and changing consumer taste are a few of the reasons that have attributed to the rise in the popularity of instant non-alcoholic beverages such as coffee.
Due to the increasing demand for coffee, coffee provider companies are investing in appropriate equipment and innovating ways such as coffee capsules to offer better-tasting coffee as more profitable options. The increasing use of coffee machines in restaurants and office cafeterias to fulfill the increased demand for instant non-alcoholic beverages such as coffee increases the demand for coffee capsules, thus increasing the growth of the coffee machine market.
Increasing awareness of the adverse effects of excessive consumption of caffeine is expected to limit the growth of the coffee machine market in the forecast period. According to the NCBI research/meta-analysis of 17 studies involving 233,617 participants, drinking 3-4 cups of coffee every day may increase the risk of men having a heart attack.
Based on the data reviewed, consumption of more than 400 mg of caffeine per day, correlated with adverse effects such as general damage, cardiovascular effects, bone, and calcium effects, change in adult behavior, increased cancer incidence, and impact on male fertility. Therefore, excessive consumption of caffeine leads to digestive issues, rapid heart rate, muscle breakdown, high blood pressure, and anxiety.
Smart coffee machines with Bluetooth or Wi-Fi connectivity are a key trend driving the growth of the coffee machine market. The smart coffee machines can be accessed via smartphones, and users can monitor them from anywhere in the house and can also send smartphone commands. Most coffee makers have their software to configure the brew settings and plan brew times.
The countries covered in the coffee machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
Key Attributes:
Report Attribute
Details
No. of Pages
175
Forecast Period
2023 – 2027
Estimated Market Value (USD) in 2023
$11.99 billion
Forecasted Market Value (USD) by 2027
$15.65 billion
Compound Annual Growth Rate
6.9%
Regions Covered
Global
Key Topics Covered:
1. Executive Summary
2. Coffee Machines Market Characteristics
3. Coffee Machines Market Trends And Strategies
4. Coffee Machines Market – Macro Economic Scenario
4.1 COVID-19 Impact On Coffee Machines Market
4.2 Ukraine-Russia War Impact On Coffee Machines Market
4.3 Impact Of High Inflation On Coffee Machines Market
5. Coffee Machines Market Size And Growth
5.1. Global Coffee Machines Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Coffee Machines Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Coffee Machines Market Segmentation
6.1. Global Coffee Machines Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Filter Coffee Machines
Pod/Capsule Coffee Machines
Traditional Espresso Machines
Bean-to-Cup Coffee Machines
6.2. Global Coffee Machines Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Drip Filter
Capsule
Espresso
Bean-to-Cup
6.3. Global Coffee Machines Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Household
Commercial
7. Coffee Machines Market Regional And Country Analysis
7.1. Global Coffee Machines Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Coffee Machines Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/kdjmgn
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
Global Coffee Machines Market
If you think Apple has a big "China problem" — you'll be shocked to know it's tiny compared with some other S&P 500 companies.
Warren Buffett's right-hand man trusted an outsider with his personal wealth and made "four or five times" his money thanks to stock picks like BYD.
Dividend investing has always been popular, and for good reason. Dividend stocks offer a wide range of advantages for return-minded investors, but two of the most significant are a reliable income stream and an inflation-beating yield. Taken together, these advantages can form the base of a truly sound portfolio. The majority of dividend stocks pay out on a quarterly basis, but turning towards those with a monthly payment schedule allows investors to better plan their income streams to meet thei
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
Chris Winfrey says he’s ready to call it quits on live sports entirely, charging that Disney let its own house “burn to the ground.”
Stocks were lower on Thursday amid building signs the US economy could be running hot.
(Bloomberg) — Qualcomm Inc., the world’s biggest supplier of smartphone chips, suffered its worst stock decline in a month after upheaval in China threatened the company’s sales in a critical market. Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesHong Kong Shuts Down City After Heaviest Rainfall On Record‘Blame the Boomers’ for Surging
These 3 CEOs have put their money where their mouths are, recently stepping up and acquiring shares. Given their confidence, should investors follow them into their trades?
The Fed's interest-rate hikes will have severe, delayed impacts on households, businesses, and the wider US economy, Stephanie Pomboy says.
T-Mobile CEO Mike Sievert came out swinging against rivals AT&T and Verizon as the company joins them in offering a dividend.
Since early last year, for some 18 months now, the Federal Reserve has increased interest rates from near-zero to more than 5.5%. The move has tightened access to both capital and credit, effectively reducing the money supply – the classic response to persistent high inflation. Their efforts have borne some fruit, as the pace of inflation has slowed, in just over a year, from over 9% annually to 3.2% in the most recent data. The dramatic shift from more than a decade of loose money and low rates
I’m 77 years old and I requested my 401(k) fund administrator to prepare my RMD. I was told I do not have to withdraw my money if I am still employed. Please confirm if this in fact an IRS rule or that of the fund management company? -Bea That is correct, Bea. If you are […] The post Ask an Advisor: I’m 77 and Still Working. Is it True That I Don’t Have to Take RMDs? appeared first on SmartReads by SmartAsset.
(Bloomberg) — In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for oil, the dynamo of Saudi Arabia’s economy the past 80 years, though. It’s another potential source of wealth and influence the kingdom now has its eye on.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX Pushbac
How much income do you need for a $700K purchase?
Acclaimed Hollywood A-lister Ryan Reynolds has proven himself to be more than just an entertainer, delving into the world of investments with remarkable success. Despite his humble admission of not being an investing wizard, Reynolds has accumulated millions of dollars through well-timed business bets in recent years. In a recent appearance on CNBC’s "Squawk Box", Reynolds discussed his latest investment venture: Canadian financial technology (fintech) company Nuvei. In a statement about his sta
The general public does not know this yet, but there is no longer any doubt that a Bitcoin spot ETF will come to the US market, writes Charlie McGlynn of XREX. It's just a matter of when.
Markets are down today, and a series of related factors is exerting pressure. First, investors are concerned about a possible resurgence in the rate of inflation, which is directly linked to the second fear. This fear arises from rising oil prices, driven by the Russian-Saudi agreement to extend their oil production cuts until December of this year. Finally, with oil prices approaching $90 per barrel, the cost of gasoline is rising in the US markets, even though the summer driving season has com
The average rate on the 30-year fixed mortgage was 7.18% last week after surging to 7.24% the week prior.
Shares of the Vietnamese EV start-up VinFast Auto plunged again, but without any particular news to explain the move. VinFast (ticker: VFS) stock closed down almost 27% Thursday, at just below $18 a share, while the and were off 0.3% and 0.9%, respectively. Shares have dropped seven consecutive days, a slide that has taken wiped out some $150 billion in market value.
The Bill & Melinda Gates Foundation Trust bought $96 million worth of AB InBev during the Bud Light boycotts, and received more Berkshire Hathaway.