Global Coffee Machines Market Research Report Forecast to 2030

Coffee Machines Market Forecast till 2030

Market Overview
An entrepreneur from Germany named Melitta Bentz invented the first coffee machine after percolators produced bitter coffee due to overbreeding. In addition, in 1972, WMF manufactured the first large-scale coffee machines in the German town of Goppingen. It is possible to have a semi-automated or fully automatic coffee machine. It is easier to brew coffee quickly with the help of a coffee machine, while maintaining a high level of quality and taste. Many models with unique technologies are being introduced by market players in response to the variety of taste preferences and consumer demand for brewing style and ease of use. Worldwide, sales of coffee machines are increasing as corporate offices install kitchenettes and the working population grows.

Global consumers are increasingly consuming coffee, leading to growth in the global coffee machines market. During the forecast period, the expanding commercial sector in Asia-Pacific will create opportunities for players in the global coffee machines market. As a result, the market growth will be hindered by the increasing number of private label manufacturers for coffee machines.

Segment Overview
The global Filter Coffee Machines market has been segmented into Traditional Espresso Machine, Capsules Or Pod Coffee Machines, And Bean-To-Cup Coffee Machines based on the Type of product. Based on Technology segment the market has been bifurcated into Manual, Semi-Automated and Fully Automated. By End-User segment the market has been bifurcated into Residential, Commercial, Office and Hotels & Restaurants. Based on Distribution Channel segment the global Filter Coffee Machines market has been bifurcated into Multi-Branded Stores, Specialty Stores and Online Stores. Based on Payment Mode segment the global Filter Coffee Machines market has been bifurcated into Traditional and Advanced.

Regional Analysis
The presence of key players in the North America region such as Keurig Dr Pepper and Starbucks Corporation is projected to fuel the growth of the North America market during the forecast period. Coffee consumption in the region is expected to increase during the forecast period due to the growing benefits associated with it. Statistically, two to three cups of coffee every day result in a 10%–15% lower risk of heart failure, coronary heart problems, and cardiac problems, according to the American College of Cardiology. The lowest risk of heart disease or stroke was found in people who drank one cup of coffee each day.

During the forecast period, the global market in Europe is expected to grow significantly as a result of the increasing demand for specialty coffees, technological advancements, and a growing interest in capsules/pods and automatic bean-to-cup machines. For instance, in May 2021, Lavazza Professional launched, Flavia Creation 600 (C600) coffee machines which the company describes as “the single biggest step-change Flavia has ever come across.

Major Players
Electrolux AB (Sweden), Keurig Green Mountain Inc. (U.S.), Melitta (Germany), Newell Brands (U.S.), Nestlé S.A. (Switzerland), Koninklijke Philips N.V.(Netherlands), De'Longhi Group (Italy), Morphy Richards (U.K.), Hamilton Beach Brands Inc. (U.S.), Panasonic Corporation (Japan), are among the leading companies operating in the global Coffee Machines Market.

COVID 19 Impacts
The COVID-19 pandemic has had a significant impact on the filter coffee machine market. With more people working from home and looking for ways to make their own coffee, there has been an increase in demand for filter coffee machines. Many businesses such as cafes and restaurants have been closed due to government restrictions, which has also led to a decrease in demand for commercial filter coffee machines. However, overall, the market for filter coffee machines has seen a significant increase in demand as a result of the pandemic.

Companies Mentioned
Electrolux AB (Sweden)
Keurig Green Mountain Inc. (U.S.)
Melitta (Germany)
Newell Brands (U.S.)
Nestlé S.A. (Switzerland)
Koninklijke Philips N.V.(Netherlands)
De'Longhi Group (Italy)
Morphy Richards (U.K.)
Hamilton Beach Brands Inc. (U.S.)
Panasonic Corporation (Japan)

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