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Global Coffee Machine Market to reach USD 8.77 billion by the end of 2029.

Global Coffee Machine Market Size study & Forecast, by Product (Drip Filter, Capsule, Espresso, Bean-to-Cup), by Application (Residential, Commercial) and Regional Analysis, 2022-2029

Product Code: OIRFB-96780248
Publish Date: 25-01-2023
Page: 200

Global Coffee Machine Market is valued at approximately USD 6.56 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.70% over the forecast period 2022-2029. Coffee is now a requirement to start the day. Everyone has their own preferences when it comes to coffee, and automatic coffee machines supply every coffee variety and excel in many flavours, from conventional espresso to filter coffee to mocha. The major driving factors for the Global Coffee Machine Market are increase in demand for coffee and demand for ready to eat beverages. Along with this, to release cutting-edge machinery with the newest innovations, manufacturers are spending money on research and development.

For example, Nestlé Nespresso S.A. spent USD 43.03 million in 2018 to build new production lines for its Vertuo coffee system. The drip filter market was the largest globally. Dualit Ltd. unveiled a brand-new CaféPro Capsule Machine in 2018. Additionally, due to an increase in the number of wealthy consumers and a growing interest in gourmet options in recent decades. Over 62% of the population in the US drinks coffee daily, according to the National Coffee Association (NCA). Due to the growing demand for coffee and the need for specialty coffee options, consumers prefer coffee machines to hand-brewed coffee. Sales of coffee makers have significantly increased as a result of this trend. Nearly 60% of the total amount of coffee drank in the US is gourmet, according to an NCA analysis. However, the high cost of Coffee Machines stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Coffee Machine Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. With the highest global market share in 2021, Europe dominated the world. The primary driver of the market is the high consumption of coffee in the area. Additionally, having a lot of offices and commercial buildings leads to higher product sales. From 2021 to 2029, the Asia Pacific region’s market will expand at the quickest rate. It is anticipated that developing nations like Australia, China, and India will make up the majority of the region’s growth. Additionally, the need will be fueled by the growing number of cafés and coffee shops, particularly in emerging nations. Due to the area’s high growth potential and potential to assist market expansion, major cafe chains like CCD and Starbucks are investing in the region.

Major market players included in this report are:
Keurig Green Mountain Inc. (U.S.)
Panasonic Corporation (Japan)
Nestlé S.A. (Switzerland)
Newell Brands (U.S.)
De’ Longhi Appliances S.r.l. (Italy)
AB Electrolux (Sweden)
Melitta (Germany)
Morphy Richards (U.K.)
Koninklijke Philips N.V. (Netherlands)
Hamilton Beach Brands Inc. (U.S.)

Recent Developments in the Market:
 Nestle Nespresso S.A. and OpenSC joined together in February 2022 to announce the introduction of a new technology that would improve supply chain transparency for the coffee KAHAWA ya CONGO.
 Keurig introduced BrewID, the new connect technology platform for the business, in July 2021. A characteristic of this technology enables customers to receive properly brewed, fully flavoured coffee. In this regard, the technology recognises the unique roast and brand of the K-Cup pod to personalise the brew settings in accordance with the advice of the inventor.
 Eversys, a reputable brand in the professional espresso coffee machine market established in Switzerland, was purchased by De’ Longhi S.p.A. in May 2021.

Global Coffee Machine Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Drip Filter

By Application:

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Coffee Machine Market, by Region, 2019-2029 (USD Billion)
1.2.2. Coffee Machine Market, by Product, 2019-2029 (USD Billion)
1.2.3. Coffee Machine Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Coffee Machine Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Coffee Machine Market Dynamics
3.1. Coffee Machine Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rapid increase in the amount of coffee consumption Rising demand for ready to eat beverages
3.1.2. Market Challenges High Cost of Coffee Machine
3.1.3. Market Opportunities Innovations by the key market players
Chapter 4. Global Coffee Machine Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Coffee Machine Market, by Product
6.1. Market Snapshot
6.2. Global Coffee Machine Market by Product, Performance – Potential Analysis
6.3. Global Coffee Machine Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Coffee Machine Market, Sub Segment Analysis
6.4.1. Drip Filter
6.4.2. Capsule
6.4.3. Espresso
6.4.4. Bean-to-Cup
Chapter 7. Global Coffee Machine Market, by Application
7.1. Market Snapshot
7.2. Global Coffee Machine Market by Application, Performance – Potential Analysis
7.3. Global Coffee Machine Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Coffee Machine Market, Sub Segment Analysis
7.4.1. Residential
7.4.2. Commercial
Chapter 8. Global Coffee Machine Market, Regional Analysis
8.1. Coffee Machine Market, Regional Market Snapshot
8.2. North America Coffee Machine Market
8.2.1. U.S. Coffee Machine Market Product breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Coffee Machine Market
8.3. Europe Coffee Machine Market Snapshot
8.3.1. U.K. Coffee Machine Market
8.3.2. Germany Coffee Machine Market
8.3.3. France Coffee Machine Market
8.3.4. Spain Coffee Machine Market
8.3.5. Italy Coffee Machine Market
8.3.6. Rest of Europe Coffee Machine Market
8.4. Asia-Pacific Coffee Machine Market Snapshot
8.4.1. China Coffee Machine Market
8.4.2. India Coffee Machine Market
8.4.3. Japan Coffee Machine Market
8.4.4. Australia Coffee Machine Market
8.4.5. South Korea Coffee Machine Market
8.4.6. Rest of Asia Pacific Coffee Machine Market
8.5. Latin America Coffee Machine Market Snapshot
8.5.1. Brazil Coffee Machine Market
8.5.2. Mexico Coffee Machine Market Rest of Latin America Coffee Machine Market
8.6. Rest of The World Coffee Machine Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Keurig Green Mountain Inc. (U.S.) Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Panasonic Corporation (Japan)
9.2.3. Nestlé S.A. (Switzerland)
9.2.4. Newell Brands (U.S.)
9.2.5. De’ Longhi Appliances S.r.l. (Italy)
9.2.6. AB Electrolux (Sweden)
9.2.7. Melitta (Germany)
9.2.8. Morphy Richards (U.K.)
9.2.9. Koninklijke Philips N.V. (Netherlands)
9.2.10. Hamilton Beach Brands Inc. (U.S.)
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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