Coffee Machines Market Latest Advancements and Demand 2021 to 2030 - Keurig Green Mountain, Inc., Panasonic Malaysia, Nestle Nespresso S.A., De Longhi Appliances S.r.l.

Global Coffee Machines Market Size and Forecast to 2021 – 2030 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide a detailed description of the value chain and its distributor analysis. This Market study provides comprehend Coffee Machines data that enhances the understanding, scope, and application of this report.

The study includes market share analysis and profiles of players such as 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 and Jarden Consumer Solutions.

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The global coffee machines market is expected grow from $5.11 billion in 2020 to $5.45 billion in 2021 at a compound annual growth rate (CAGR) of 6.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.36 billion in 2025 at a CAGR of 4%.

Market Overview:

Smart coffee machines with Bluetooth or Wi-Fi connectivity is a key trend driving the growth of the coffee machines 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 own software to configure the brew settings and plan brew times. For instance, in 2019, companies such as Jarden Customer Solutions and Smarter Applications delivered smart coffee makers with Wi-Fi connectivity that can be regulated via smartphone. Therefore, smart coffee machines with Bluetooth or Wi-Fi connectivity is expected to continue this trend in the coffee machines market.

The growing popularity of instant non-alcoholic beverages such as coffee in restaurants, office cafeterias propel 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. Increasing need of non-alcoholic beverages drinks among millennials, consumer awareness towards low sugar and non-alcoholic drinks, busy work schedules and changing consumer taste are a few of the reasons that has attributed towards the rise in the popularity of instant non-alcoholic beverages such as coffee. 

Industry News and Update:

In April 2019, Electrolux, a global leader in home appliances, acquired Unic for an undisclosed amount. Through this acquisition the Unic can be able to expand their product offering and accelerate international growth within the coffee espresso segment, a significant and fast-growing part of the foodservice business. Unic, a French based company, expert in manufacturing professional espresso machines.

Market Scope:

1) By Type: Filter Coffee Machines; Pod/Capsule Coffee Machines; Traditional Espresso Machines; Bean-to-Cup Coffee Machines

2) By Product: Drip Filter; Capsule; Espresso; Bean-to-Cup

3) By End-User: Household; Commercial

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Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Organic Soft Drinks market.

Region Coverage: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Countries Coverage: USA, France, Germany, UK, China, Australia, India, Indonesia, Japan, South Korea, Russia, Brazil

The study objectives of this report are:

To study and analyze the global Coffee Machines size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2025, and forecast to 2030.
To understand the structure of Coffee Machines by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Coffee Machines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
To analyze the Coffee Machines with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Coffee Machines submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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