Coffee Roaster Market Is Expected To Reach Nearly US$ 701.24 Billion By 2032

The coffee roaster market is expected to grow at a compound annual growth rate (CAGR) of 5%, reaching USD 701.24 billion by 2032, up from USD 430.5 billion in 2022. This growth is primarily fueled by the rising global consumer preference for coffee. The market experienced a year-over-year increase of 5% from 2021 to 2022.

According to the International Coffee Council, consumer preferences in South and East Asia are shifting towards fresh coffee, leading to a significant rise in demand. This surge in the Asia-Pacific region is notably boosting overall coffee consumption.

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Furthermore, the expanding cafe culture in emerging economies has spurred the growth of coffee shop chains, which is projected to drive market expansion during the forecast period. Additionally, increasing disposable income and advancements in the retail sector are expected to enhance the growth of the residential coffee roaster segment.

Increased Consumption of Fresh Coffee Escalating Sales of Coffee Roasters
According to AJCA (All Japan Coffee Association), the average weekly cups of coffee consumed per capita in Japan from 2020 has increased, showing a rise in the use of coffee roasters in Japan. Consuming coffee has predominantly been a cultural and traditional practice in different geographical regions across the globe.

The coffee roasting process has been loved by people for decades. This is mainly due to the taste, flavor, and aroma of the coffee.
As consumers' taste buds evolve, coffee roaster manufacturers are experimenting with coffee to make it fresh and delicious.

Growing demand for fresh, flavorful, and aromatic coffee from end-users is increasing due to its benefits. Coffee is loaded with antioxidants and nutrients, boosting the immune system and helping prevent cancer and other life-threatening diseases.

Additionally, leading companies are expanding their brands by engaging in coffee innovations with value-added coffee-based RTD, flavor-added coffee, and many more to attract more consumers toward roasted coffee.

Key Market Players
• Nestle SA
• Buhler Group
• LUIGI LAVAZZA SPA
• PROBAT-Werke von Gimborn Maschinenfabrik GmbH
• Scolari Engineering S.p.A.
• Coffee Holding Co. Inc.
• Cia. Lilla de Máquinas Ind.
• Diedrich Manufacturing Inc.
• Giesen Coffee Roasters
• TOPER ROASTER
• Joper Roasters
• Nesco
• US Roaster Corp.
• Sonofresco
• Genio Roasters
• Ambex Roaster
• Hottop
• Vittoria Food & Beverages
• Gracenote Coffee Roasters

Competitive Landscape:
In March 2022, Breville Group Ltd. launched beanz.com, an e-commerce platform featuring around 50 specialty coffee roasters for residential use.
In December 2021, Starbucks introduced its new oat dairy alternative coffee in its espresso segment. It includes three combinations of flavors, Vanilla & Strawberry, Hazelnut & Honey, and Dark Cocoa & Orange, which are uniquely handcrafted to enhance a distinctive flavor.
It also announced its plan to not charge extra for dairy-alternative products from January 2022.

In September 2021, Nespressoof Nestle SA launched its coffee roasting machine "Roasterlier." It aims to provide the most reasonable coffee roasting solutions for HoReCa entrepreneurs across the world, starting with Europe. The machine is customizable to prepare Arabica coffees in a sustainable way.

Key Segments Covered in the Coffee Roasters Market Study
• Coffee Roasters Market by Type :
o Direct Fire Coffee Roasters
o Half Hot Air Coffee Roasters
o Hot Air Coffee Roasters
o Other Coffee Roasters

• Coffee Roaster Market by Application :
o Industrial Coffee Roasters
o Commercial Coffee Roasters
o Residential Coffee Roasters

• Coffee Roaster Market by Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

Read More: https://www.factmr.com/report/coffee-roaster-market

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This release was published on openPR.