Coffee Machine Market on the Rise, projected to be Worth USD 19.2 Billion by 2031 with 5.2% CAGR | Transparency Market Research

The global coffee machine market was valued at USD 12.2 billion in 2022 and is poised to witness robust expansion through 2031, advancing at a compound annual growth rate (CAGR) of 5.2% to reach a market size of USD 19.2 billion. Rising global coffee consumption, advancements in coffee machine technology, and growth of specialty coffee shops are fueling significant gains in the industry.
 
Surge in Coffee Consumption Driving Demand
 
Coffee consumption has surged dramatically worldwide in recent years. In North America alone, over 491 million cups are consumed daily, up nearly 14% since early 2021. The European Union also boasts some of the highest per capita coffee consumption globally at an estimated 5kg per person annually.

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As more people incorporate coffee drinking into their daily routines, demand for convenient home and office brewing solutions is climbing. This is propelling coffee machine manufacturers to scale up production to meet the burgeoning requirements of the general population. Rising coffee consumption trends indicate the positive momentum in the market will persist through 2031.
Advancements in Technology Enhancing User Experience
 
Technology continues to play a transformative role in the coffee machine industry. Manufacturers are investing heavily in innovations like WiFi connectivity, touchscreens, IoT integration, and data analytics to provide more efficient, customizable brewing.
 
For instance, Gaggia's La Radiosa super-automatic machine allows absolute remote control and monitoring of equipment usage via integrated smart systems. Such advances have made high-quality coffee preparation simpler and more personalized than ever before. As technologies evolve further, they will continue propelling market expansion globally.
 
Growth of Specialty Coffee Outlets
 
Specialty coffee shops promoting artisanal brewing have proliferated widely, especially across Europe, North America, and increasingly in Asia. This phenomenon has significantly raised awareness about gourmet coffee varieties and preparation techniques.
 
It has also stimulated tremendous commercial demand for sophisticated espresso machines and pod-based systems capable of replicating specialty drinks. Thriving specialty coffee sectors worldwide will maintain a positive influence on the professional-grade coffee machine market in the coming decade.

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Europe currently dominates with the largest regional market share due to vast coffee consumption, widespread specialty coffee culture, and concentration of key players. However, the Asia Pacific market is anticipated to surge rapidly, expanding at the highest CAGR through 2031.
 
This can be attributed to rising incomes, growing popularity of premium coffee beverages, and emergence of modernized coffee shops across developing Asian countries. Government support for the foodservice industry will also stimulate regional market forces.
 
Outlook
 
The outlook for the global coffee machine industry remains highly optimistic long-term, with annual gains projected at over 5% through 2031. Continued growth in coffee consumption worldwide alongside advancements in brewing technologies and expansion of specialty coffee sectors position the market for sustained strength.
 
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