Increased demand for quick service in restaurants and cafes has led to the rising adoption of automated coffee machines across the globe. Future Market Insights has complied a report on global automatic coffee machines market. Analyst involved in the development of global automatic coffee machine market was asked several questions related to the market.
What is your take on the growth of global automatic coffee machine market?
Well, the global automatic coffee machine market is estimated to witness expansion at 6% CAGR during the assessment period (2017-2026). According to statistics provided in the report, more than 14.7 Mn units of automatic coffee machines are projected to be sold across the globe by 2026-end.
Why automatic coffee machines are so much on demand?
The expansion of the market is mainly attributed to various micro-economic as well as macro-economic factors. The need for quick service in beverages and coffee restaurants has led manufacturers to focus more on development of automatic food processing machines. In order to deliver high quality and quick food and beverage service to consumers, prominent food and beverage players are adopting automatic food processing machines. Advanced technologies have been incorporated in automatic machines so as to deliver quality food in no time to their valuable consumers. These key factors are projected to propel the demand for automatic coffee machines.
Along with the factors influencing growth of the global automatic coffee machines market, what advancements are fueling growth of the market?
Leading companies are concentrating on incorporating improved features such as smart technology and touch screen etc. with increasing technological improvements. Further, incorporation of several features such as Wi-Fi technology and cloud service in the automatic coffee machine allow consumers to connect their smartphones and other devices so as to control coffee preparation timing and daily schedule. Sometimes it is allowed to pay for the coffee though online payment which is automatically debited according to the delivery. Further, cloud service integrated in such machines provides data to retailers related to preferences of consumers.
How will you define the growth of super automatic coffee machines market?
Increasing requirements for automatic coffee machines combined with pre-grinding and pre-infusion features arise, super automatic coffee machines will witness high demand across the globe. Over 2.6 Mn super automatic coffee machines are estimated to be sold across the globe owing to their increased demand. Further, the segment is likely to witness healthy CAGR during the assessment period.
In terms of end use, what are the segments of market and which segment will showcase more demand?
The end use segment – café is anticipated to showcase significant expansion throughout the assessment period. Over 1 Mn units of automatic coffee machines will be sold to cafés across the globe. On the other hand, the residential end-use segment is anticipated to reflect high CAGR during 2017-2016. However, in terms of volume, low price range segment is projected to reflect considerable expansion throughout the forecast period. Over 2.4 Mn units of this segment will be sold across the globe by the end of 2026.
What are the leading companies operating in the global automatic coffee machines market?
Nestlé Nespresso S.A., De’Longhi Appliances S.r.l., Keurig Green Mountain, Inc., and JURA Elektroapparate AG are observed as the leading players operating in the global market. However, WMF-Coffeemachines, BSH Hausgeräte GmbH, Koninklijke Philips N.V., and Melitta Group have also consolidated their footprints in the global market in recent past.
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