Coffee Machine Market Will Generate Record Revenue by 2029
Manufacturers in the coffee machine market are inclining their efforts toward developing coffee machines with Wi-Fi connectivity, remote control, capsule recognition features voice assistance, which is likely to prove crucial for growth in the coming years. For instance, in 2020, Nespresso Professional launched new touchless functionalities which consist of three new options for its Nespresso Momento eco-system to enable employees to maintain social interactions more safely. Nespresso Professional will be launching a remote-control solution for all Nespresso Momento machines, where coffee drinkers will be able to control the machine from their mobile phones through a web app. Another option that the company has added is automatic brewing through which coffees will be brewed without touching the screen instead the machine will recognize the inserted capsule and brew the coffee according to the predefined cup size. The coffee machine also features a lock-screen option that enables each coffee drinker to disinfect the touchscreen before interacting with it.
Furthermore, to cater to the increasing demand for AI-enabled smart coffee machines, key players are focusing on expanding and introducing more coffee machines in the market. For instance, Starbucks prepares to launch 4,000 new Mastrena II coffee machines in stores in 2021. The company released 1,900 of these AI-enabled machines in 2019 following a launch in March. Starbucks' internal Deep Brew AI program is coffee machines collect data using sensors built into the machine and speed up line wait times, as the machine could pull together a triple espresso instantly. All stores in the US and Canada are expected to have them by 2022.
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The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029
By Product Type
By Distribution Channel
Rest of the World
Competitive Landscape- De'Longhi Group, JURA Elektroapparate AG, KeurigDr Pepper Inc, Newell Brands, Inc, Nestlé Nespresso SA, Panasonic Corp., Schaerer AG, and others.
Coffee Machine Market Report Segment
By Product Type
Filter Coffee Machines
Capsule or Pod Coffee Machines
Traditional Espresso Machines
Bean-to-cup Coffee Machines
By Distribution Channel
A full Report of Coffee Machine Market is Available @ https://www.omrglobal.com/industry-reports/coffee-machine-market
Coffee Machine Market Report Segment by Region
Rest of Europe
Rest of APAC
Rest of the World
Middle East and Africa
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