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Global Fully Automatic Coffee Machine Market to Reach US$5.2 Billion by the Year 2026

Coffee consumption continues to witness healthy demand in both developed and developing markets. Factors such as rising incomes coupled with significant investments by major food & beverage brands are expected to benefit market growth. The significant gains posted by coffee are reflected by mushrooming cafés across cities globally. Preference for coffee varies from one region to another, with convenience being a major driving factor for the growth of instant coffee, despite the dominance of fresh coffee. The versatile flavor and packaging options make instant coffee further attractive to consumers. Demand for instant coffee is especially high in developing markets such as Asia-Pacific where cost and convenience play a bigger role in purchase decisions. Market for instant coffee is also high among first-time coffee consumers looking for convenience and taste. Automatic coffee machines are now widely used in most households and have gone way beyond restaurants and offices like before. Moreover, such devices are now more technically advanced and the series of automatic espresso machines particularly, has achieved unparalleled precision in coffee making like trained professionals. The interest in espresso beverages has also led to an increase in the sales of espresso machines worldwide.

The coffee market has and continues to witness robust innovation supported by continuing efforts by brands to gain from strong demand for specialty coffee. Innovative flavors continue to be launched on a regular basis. The trend is benefiting demand for automatic coffee machines which are capable of dispensing coffee in a wide range of flavors. With several exotic flavors and blends becoming mainstream, coffee shops, hotels and restaurants are feeling the pressure to a have a wide menu range to meet diverse customer tastes and preferences. Automatic coffee machines help in cost effectively meeting this demand. Manually brewing of coffee in all its diverse flavors requires expert kitchen staff, time, resources and entails higher operating overheads. In comparison, machines can dispense a broad range of flavors and blends in a timely manner resulting in customer satisfaction and higher customer footfall and revenues for restaurants and other food service outlets. The trend is also encouraging several companies to launch high-end machine-compatible coffee flavors and blends.

Amid the COVID-19 crisis, the global market for Fully Automatic Coffee Machine estimated at US$4.4 Billion in the year 2022, is projected to reach a revised size of US$5.2 Billion by 2026, growing at a CAGR of 3.9% over the analysis period. Quick Service Restaurants, one of the segments analyzed in the report, is projected to grow at a 3.8% CAGR to reach US$3.8 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Full Service Restaurants segment is readjusted to a revised 4.3% CAGR for the next 7-year period. This segment currently accounts for a 29.5% share of the global Fully Automatic Coffee Machine market. Self-service kiosks are already quite famous in Asian and European fast casual and quick service restaurants and they are catching on quickly even in the US. This increased use of self-service kiosks at restaurants had given rise to growing adoption of automated coffee vending machines at bakeries and hotels.

The U.S. Market is Estimated at $1.2 Billion in 2022, While China is Forecast to Reach $343.1 Million by 2026

The Fully Automatic Coffee Machine market in the U.S. is estimated at US$1.2 Billion in the year 2022. The country currently accounts for a 26.27% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$343.1 Million in the year 2026 trailing a CAGR of 4.2% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR while Rest of European market (as defined in the study) will reach US$470.3 Million by the end of the analysis period.