Milk Foam Machine Market Economic Outlook, Market Structure Analysis,Forecast from 2021-2027 | Nespresso, The Secura, Unicoff, Aerolatte, Zulay Kitchen, Morocco, and The Azkoyen Group.

The report examines the Milk Foam Machine market considering the export and import numbers along with the current industry chain. It also covers the development and growth of demand & supply of Milk Foam Machine. The Milk Foam Machine market research report examines the existing as well as the sequential performance of the worldwide market apart from the newest market trends. The report also calculates the forthcoming status of the Milk Foam Machine market based on thorough analysis.

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Drivers:

consumption of coffee is expected to propel the growth of the milk foam machine market. For instance, according to the U.S. Department of Agriculture’s Agricultural Statistics 2018, per capita consumption of coffee increased from 9.6 in 2011 to 10.2 in 2015.

Moreover, the launch of new products is also expected to aid in the growth of the market. For instance, in February 2021, Coffetek, a division of Spain’s Azkoyen, launched the Vitro M5 coffee machine to expand its Vitro series.

Restraints:

A higher preference towards tea compared to coffee in some regions such as the Asia Pacific is expected to hinder the growth of the milk foam machine market. However, the growing tourism and hospitality industry is expected to increase demand for milk foam machines to some extent. For instance, according to India Brand Equity Foundation, the tourism and hospitality industry in India is expected to reach US$ 488 billion by 2029.

Low adoption of milk foam machines in emerging economies is also expected to limit the market growth. Although milk foam machines find wide application in the commercial sector, their adoption is comparatively low in the residential sector in emerging economies.

Regional Insights

Among regions, North America is expected to witness significant growth in the milk foam machine market, owing to high number of coffee shops in the region. For instance, according to Allegra World Coffee Portal, the U.S. coffee shop industry includes more than 35,500 stores with combined annual sales of about US$ 45 billion.

Segment Overview

Among distribution channels, the online segment is expected to witness significant growth in the milk foam machine market, owing to significant growth in the e-commerce sector. For instance, according to India Brand Equity Foundation, the e-commerce sector in India is expected to reach US$ 200 billion by 2026 from US$ 38.5 billion as of 2017.

Competitive Section:

Major players operating in the milk foam machine market include Hamilton Beach, Cuisinart, Keurig Green Mountain, Capresso, DeLonghi, Brentwood, Breville, Nespresso, The Secura, Unicoff, Aerolatte, Zulay Kitchen, Morocco, and The Azkoyen Group.

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Key Developments

Major players operating in the milk foam machine market are focused on launching new products to their product portfolio. For instance, in January 2021, The Azkoyen Group launched its Vitro M5 automatic coffee machine.

Major players operating in the milk foam machine market are focused on providing products with advanced features. For instance, in 2020, Nespresso Professional launched new touchless functionalities for its Nespresso Momento eco-system.

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