Coffee Machine Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

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Report Overview

The global coffee machine products market was valued at USD 5.8 billion in 2022 and is expected to exhibit a CAGR of 5.2% from 2023 to 2030. The market growth is mainly driven by the rising preference for ready-to-drink coffee among consumers, along with the increasing preference for convenience and on-the-go lifestyle. Moreover, the growing demand for single-serve coffee machines, such as Nespresso and Keurig, is also driving market growth.

The changing lifestyle of consumers, along with their rising preference for convenience, is propelling the demand for coffee machines. Furthermore, the increasing preference for coffee shops and cafes is also driving market growth. For instance, according to the research published by the National Coffee Association in the U.S. in March 2021, the coffee shop industry has grown significantly over the past few years, with the number of coffee shops increasing by 4.3% in 2020. This growth has been attributed to the increasing number of consumers opting for coffee as a beverage of choice.

The increasing demand for coffee machines among commercial establishments is also contributing to the growth of the market. For instance, in May 2020, Nestlé Professional launched a new line of professional coffee machines under its Nescafé brand. The machines are designed to offer café-style coffee drinks, such as cappuccino, latte, and espresso. This will enable the company to enter the out-of-home market and extend its reach in the commercial segment.

Moreover, the increasing trend of customization is further boosting the demand for coffee machines. For instance, in November 2021, Jura launched its Giga X8 Professional coffee machine, which is capable of preparing a variety of coffee drinks with a single touch of a button. The machine is equipped with an intuitive and user-friendly interface that allows customers to customize their drinks according to their preference.

Furthermore, the increasing demand for energy-efficient coffee machines is also propelling the growth of the market. Companies are increasingly focusing on developing machines that consume less energy and save costs by optimizing the energy consumption. For instance, in January 2021, Philips launched a new energy-efficient coffee machine under its Saeco brand. This machine enables users to save up to 60% on energy consumption, with an A+++ energy rating.

Product Insights

The manual coffee machine segment dominated the coffee machine market in 2019 and held a share of around 44.8%. The increasing demand for specialty coffee and café culture is driving the growth of the segment. Manual coffee machines require manual operation, which helps in producing a variety of specialty coffee. According to an article published by CoffeeGeek, in October 2019, the manual coffee machines are becoming increasingly popular among coffee aficionados.

The semi-automatic segment is projected to be the fastest-growing segment in the market during the forecast period. Increasing demand for espresso-based drinks such as lattes, cappuccinos, and macchiatos is driving the growth of the segment. The semi-automatic coffee machines are easy to use and maintain, making them well-suited for home and commercial use. Additionally, various features such as adjustable grinders, programmable buttons, and temperature control are also boosting the segment growth.

Distribution Channel Insights

The retail stores segment is estimated to account for the significant share of the market in 2020. The increasing availability and wide range of products offered in retail stores are the primary factors driving the growth of this segment. Moreover, the availability of convenience stores, supermarkets, hypermarkets, and specialty stores is also contributing to the growth of the segment. The retail stores offer consumers the convenience of directly purchasing the product from the store. Furthermore, consumers can also compare products in terms of price and quality and get advice from the staff present in the store.

The online stores segment is expected to expand at the highest CAGR of 8.6% over the forecast period. The growth of the segment is attributed to the increasing penetration of internet and smartphones and the increasing preference of consumers to purchase products online. In addition, the presence of multiple e-commerce websites, such as Amazon and Flipkart, and the increasing acceptance of cashless payments are expected to further propel the growth of the segment. Moreover, the availability of discounts and offers on online stores is also contributing to the growth of the segment.

Type Insights

The manual segment accounted for the largest revenue share of 74.6% in the year 2022. Manual coffee makers are preferred by consumers due to their affordability, which has been a major driver of the market. Manual coffee makers are also preferred over automatic ones due to their convenience and easy availability. Furthermore, the increasing trend of DIY coffee making is gaining traction among consumers, which is further driving the market.

The fully automatic segment is expected to expand at the highest CAGR of 8.2% over the forecast period. The rising trend of cafe culture, especially in the U.S., U.K., and France, is driving the demand for fully automated coffee makers. Fully automated coffee makers are also preferred over manual ones due to their convenience and ease of use. Moreover, the increasing trend of internet penetration and e-commerce platforms has enabled manufacturers to reach out to a larger consumer base, thereby driving the market for fully automated coffee makers.

Regional Insights

Europe is anticipated to hold the largest revenue share in the global coffee machine products market due to the increasing presence of several leading players in the region. The rising demand for specialty coffee-based beverages and the growing trend of home-based coffee brewing is expected to drive the market growth in this region. Additionally, the increasing demand for convenience and the rising trend of automation are expected to propel the growth of the market. For instance, in April 2021, JURA launched the GIGA 6 coffee machine with an intelligent water system to capture the growing demand for convenience and automation.

Asia Pacific is expected to witness the fastest growth in the coming years. Increasing disposable income and the rising trend of coffee chains are the key factors driving the market growth in this region. Furthermore, the increasing number of young consumers and the growing popularity of café culture is further expected to fuel the growth of the market in the region. For instance, in April 2021, Philips launched the 3200 Series LatteGo espresso and cappuccino coffee machine to capture the growing demand for coffee-based beverages in the region.

Financial Projections

In this part of the coffee machine products business plan, we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your coffee machine products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a coffee machine products business comes from the sales of coffee machines, coffee capsules, and other related items. Here you will find a list with a description of each of them and other possible sources of profit such as sales of accessories and other products related to coffee machines.

Projecting Expenses
In this section, all the regular expenses related to keeping the coffee machine products business running will be described. The list of operating expenses includes rent, wages, maintenance and repairs, utilities, insurance policies, advertising, and others.

Key companies & market share insights

Some of the key companies operating in the coffee machine products market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Jura AG launched the Giga X8 coffee machine that allows users to customize coffee strength and temperature.

– In August 2022, Illycaffè launched the Y3.2 coffee machine that uses iperEspresso capsules and is equipped with a high-pressure pump.

– In October 2022, Nespresso launched the Vertuo Next coffee machine which is compatible with both original and Vertuo capsules for a variety of coffee styles.

Some of the prominent players in the coffee machine products market include:

– Jura AG
– Illycaffè
– Nestlé Nespresso S.A.
– Delonghi
– BUNN
– Keurig Dr. Pepper
– Philips
– Krups
– Hamilton Beach Brands Inc.
– Melitta Group

Global Coffee Machine Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global coffee machine products market based on product type, distribution channel, application, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Automatic
– Manual
– Semi-Automatic

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

3. Application Outlook (Revenue, USD Million, 2017 – 2030)

– Commercial
– Household

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

[Q]: What are the Key Drivers of the Coffee Machine Market?
[A]: The global coffee machine market is driven by factors such as an increasing number of coffee shops, specialty and high-end coffee machines, increasing demand for convenience and ease of use, and rising disposable income. In addition, the growing demand for customized and value-added products and an increasing number of product launches are also driving the market growth.

[Q]: What are the Major Challenges Facing the Coffee Machine Market?
[A]: The major challenges facing the market include a lack of product differentiation, low entry barriers, and the presence of a large number of unorganized players. In addition, high prices of coffee machines, the presence of counterfeit products, and the lack of product innovation are also some of the major challenges that are hindering the market growth.

[Q]: What are the Key Opportunities for Coffee Machine Manufacturers?
[A]: Coffee machine manufacturers have an opportunity to capitalize on the growing demand for customized and value-added products. In addition, they can also explore various product launches, such as capsule-based coffee machines and smart coffee machines. Moreover, they can focus on providing innovative products with advanced features and convenience.

[Q]: What are the Regional Market Trends for Coffee Machines?
[A]: The Asia Pacific region is expected to be the fastest-growing regional market for coffee machines due to the increasing demand for convenience and ease of use. North America is also expected to be a significant market for coffee machines due to the presence of a large number of coffee shops in the region.

[Q]: Who are the Leading Players in the Coffee Machine Market?
[A]: Leading players in the coffee machine market include Nestlé Nespresso SA, JURA Elektroapparate AG, De’Longhi Appliances S.r.l., Koninklijke Philips N.V., Keurig Dr Pepper Inc., Breville Group Ltd., BSH Hausgeräte GmbH, and Groupe SEB.

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Coffee Machine Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

Report Overview

The global coffee machine products market was valued at USD 5.8 billion in 2022 and is expected to exhibit a CAGR of 5.2% from 2023 to 2030. The market growth is mainly driven by the rising preference for ready-to-drink coffee among consumers, along with the increasing preference for convenience and on-the-go lifestyle. Moreover, the growing demand for single-serve coffee machines, such as Nespresso and Keurig, is also driving market growth.

The changing lifestyle of consumers, along with their rising preference for convenience, is propelling the demand for coffee machines. Furthermore, the increasing preference for coffee shops and cafes is also driving market growth. For instance, according to the research published by the National Coffee Association in the U.S. in March 2021, the coffee shop industry has grown significantly over the past few years, with the number of coffee shops increasing by 4.3% in 2020. This growth has been attributed to the increasing number of consumers opting for coffee as a beverage of choice.

The increasing demand for coffee machines among commercial establishments is also contributing to the growth of the market. For instance, in May 2020, Nestlé Professional launched a new line of professional coffee machines under its Nescafé brand. The machines are designed to offer café-style coffee drinks, such as cappuccino, latte, and espresso. This will enable the company to enter the out-of-home market and extend its reach in the commercial segment.

Moreover, the increasing trend of customization is further boosting the demand for coffee machines. For instance, in November 2021, Jura launched its Giga X8 Professional coffee machine, which is capable of preparing a variety of coffee drinks with a single touch of a button. The machine is equipped with an intuitive and user-friendly interface that allows customers to customize their drinks according to their preference.

Furthermore, the increasing demand for energy-efficient coffee machines is also propelling the growth of the market. Companies are increasingly focusing on developing machines that consume less energy and save costs by optimizing the energy consumption. For instance, in January 2021, Philips launched a new energy-efficient coffee machine under its Saeco brand. This machine enables users to save up to 60% on energy consumption, with an A+++ energy rating.

Product Insights

The manual coffee machine segment dominated the coffee machine market in 2019 and held a share of around 44.8%. The increasing demand for specialty coffee and café culture is driving the growth of the segment. Manual coffee machines require manual operation, which helps in producing a variety of specialty coffee. According to an article published by CoffeeGeek, in October 2019, the manual coffee machines are becoming increasingly popular among coffee aficionados.

The semi-automatic segment is projected to be the fastest-growing segment in the market during the forecast period. Increasing demand for espresso-based drinks such as lattes, cappuccinos, and macchiatos is driving the growth of the segment. The semi-automatic coffee machines are easy to use and maintain, making them well-suited for home and commercial use. Additionally, various features such as adjustable grinders, programmable buttons, and temperature control are also boosting the segment growth.

Distribution Channel Insights

The retail stores segment is estimated to account for the significant share of the market in 2020. The increasing availability and wide range of products offered in retail stores are the primary factors driving the growth of this segment. Moreover, the availability of convenience stores, supermarkets, hypermarkets, and specialty stores is also contributing to the growth of the segment. The retail stores offer consumers the convenience of directly purchasing the product from the store. Furthermore, consumers can also compare products in terms of price and quality and get advice from the staff present in the store.

The online stores segment is expected to expand at the highest CAGR of 8.6% over the forecast period. The growth of the segment is attributed to the increasing penetration of internet and smartphones and the increasing preference of consumers to purchase products online. In addition, the presence of multiple e-commerce websites, such as Amazon and Flipkart, and the increasing acceptance of cashless payments are expected to further propel the growth of the segment. Moreover, the availability of discounts and offers on online stores is also contributing to the growth of the segment.

Type Insights

The manual segment accounted for the largest revenue share of 74.6% in the year 2022. Manual coffee makers are preferred by consumers due to their affordability, which has been a major driver of the market. Manual coffee makers are also preferred over automatic ones due to their convenience and easy availability. Furthermore, the increasing trend of DIY coffee making is gaining traction among consumers, which is further driving the market.

The fully automatic segment is expected to expand at the highest CAGR of 8.2% over the forecast period. The rising trend of cafe culture, especially in the U.S., U.K., and France, is driving the demand for fully automated coffee makers. Fully automated coffee makers are also preferred over manual ones due to their convenience and ease of use. Moreover, the increasing trend of internet penetration and e-commerce platforms has enabled manufacturers to reach out to a larger consumer base, thereby driving the market for fully automated coffee makers.

Regional Insights

Europe is anticipated to hold the largest revenue share in the global coffee machine products market due to the increasing presence of several leading players in the region. The rising demand for specialty coffee-based beverages and the growing trend of home-based coffee brewing is expected to drive the market growth in this region. Additionally, the increasing demand for convenience and the rising trend of automation are expected to propel the growth of the market. For instance, in April 2021, JURA launched the GIGA 6 coffee machine with an intelligent water system to capture the growing demand for convenience and automation.

Asia Pacific is expected to witness the fastest growth in the coming years. Increasing disposable income and the rising trend of coffee chains are the key factors driving the market growth in this region. Furthermore, the increasing number of young consumers and the growing popularity of café culture is further expected to fuel the growth of the market in the region. For instance, in April 2021, Philips launched the 3200 Series LatteGo espresso and cappuccino coffee machine to capture the growing demand for coffee-based beverages in the region.

Financial Projections

In this part of the coffee machine products business plan, we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your coffee machine products business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a coffee machine products business comes from the sales of coffee machines, coffee capsules, and other related items. Here you will find a list with a description of each of them and other possible sources of profit such as sales of accessories and other products related to coffee machines.

Projecting Expenses
In this section, all the regular expenses related to keeping the coffee machine products business running will be described. The list of operating expenses includes rent, wages, maintenance and repairs, utilities, insurance policies, advertising, and others.

Key companies & market share insights

Some of the key companies operating in the coffee machine products market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In June 2022, Jura AG launched the Giga X8 coffee machine that allows users to customize coffee strength and temperature.

– In August 2022, Illycaffè launched the Y3.2 coffee machine that uses iperEspresso capsules and is equipped with a high-pressure pump.

– In October 2022, Nespresso launched the Vertuo Next coffee machine which is compatible with both original and Vertuo capsules for a variety of coffee styles.

Some of the prominent players in the coffee machine products market include:

– Jura AG
– Illycaffè
– Nestlé Nespresso S.A.
– Delonghi
– BUNN
– Keurig Dr. Pepper
– Philips
– Krups
– Hamilton Beach Brands Inc.
– Melitta Group

Global Coffee Machine Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global coffee machine products market based on product type, distribution channel, application, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Automatic
– Manual
– Semi-Automatic

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

3. Application Outlook (Revenue, USD Million, 2017 – 2030)

– Commercial
– Household

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

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