[ad_1]
NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Global Automatic Coffee Machines Industry” report — https://www.reportlinker.com/p06219570/?utm_source=GNW
Factors such as rising revenue and substantial investments in major food and beverage brands are expected to favor market growth. The remarkable benefits of coffee are reflected in the mushrooming of cafes in cities around the world. Despite the dominance of fresh coffee, preference for coffee varies by region, with convenience being the main driver of instant coffee growth. Multiple flavor and packaging options make instant coffee more appealing to consumers. Demand for instant coffee is particularly high in developing markets such as Asia Pacific, where cost and convenience play a larger role in purchasing decisions. The instant coffee market is also high among first-time coffee consumers seeking convenience and flavor. Automatic coffee makers are now widely available in most homes and far beyond the restaurants and offices of yesteryear. In addition, these devices are now more technologically advanced, especially the range of automatic espresso machines, which achieve unparalleled precision in coffee making, just like a trained professional. Interest in espresso beverages has also led to increased sales of espresso machines globally.
Amid the COVID-19 crisis, the global market for fully automatic coffee machines was estimated at USD 4.1 billion in 2020 and is expected to reach a revised size of USD 5.2 billion by 2026, growing at a CAGR of 3.9% during the analysis period Quick service restaurants, one of the segments analyzed in the report, is expected to grow at a CAGR of 3.8% to reach $3.8 billion by the end of the analysis period. Growth in the full-service restaurant segment was rescaled to a revised 4.3% CAGR for the next seven-year period following a thorough analysis of the business impact of the pandemic and the economic crisis it caused. This segment currently accounts for a 29.5% share of the global fully automatic coffee machine market. Self-service kiosks are already quite well-known in fast-casual and quick-service restaurants in Asia and Europe, and are rapidly gaining popularity even in the United States. The increasing use of self-service kiosks in restaurants has led to the increasing adoption of automatic coffee vending machines in bakeries and hotels.
The U.S. market is expected to reach $1.1 billion in 2021, while China is expected to reach $343.1 million by 2026
The U.S. fully automatic coffee machine market is estimated to be worth $1.1 billion by 2021. The country currently accounts for 26.27% of the global market. China is the second largest economy in the world and the market size is expected to reach USD 343.1 million by 2026, growing at a CAGR of 4.2% throughout the analysis period. Other notable geographic markets include Japan and Canada, which are expected to grow by 3.4% and 3.8%, respectively, during the analysis period. In Europe, Germany is expected to grow at a CAGR of around 4.1%, while the rest of the European market (as defined in the study) will reach $470.3 million by the end of the analysis period.
Choose a competitor (141 features in total)
- Animo Corporation
- Bravilor Bonamat BV
- bosh home appliance co., ltd.
- crem international ltd.
- Delong Group
- evers corp.
- franke holdings
- Group SEB
- Cimbali SpA Group
- JURA Elektroapparate AG
- N&W Global Vending Company
- Lansirion Group
- Rex Royal
- wilber curtis co.
Read the full report: https://www.reportlinker.com/p06219570/?utm_source=GNW
1. Methodology
2. Executive Summary
1. Market overview
Robust coffee industry provides foundation for growth
Fully automatic coffee machine
Figure 1: Strong global demand for coffee bodes well for the future
Automatic brewing of beverages: global consumption
Coffee in 2015, 2017 (million 60kg bags)
2019, 2021 and 2023
A never-ending “race”? Between the virus and the vaccine continues.
In the chaos of war, where will the world economy go?
Now and later?
Omicron variants bring back memories and fears of the worst parts
2020 Pandemic
Exhibit 2: Time is of the essence! What we know so far – ?vaccine
Efficiency against new strains is declining?
As new strains emerge at an alarming rate, the focus shifts to
Booster doses and vaccine adjustments.but how practical it is
implement them?
Figure 3: Vaccinated population shows
Clinical protection drops, booster doses are emerging
The need to restore vaccine effectiveness, but this
Most countries fail to implement strategies: volume
Booster doses per 100 people by country to date
December 2021
At the dawn of 2022, we are left with millions of causes of death
New strains and another look at the looming disaster
Figure 4: How and when will the world be vaccinated?Worldwide
Annual COVID-19 vaccine doses over the years (millions)
2020 to 2025 (by geography/country)
The split scenario unfolds: the emergence of a great differentiation of vaccines
Figure 5: Vaccine imbalances lead to further spread of the epidemic
By 2022: Percentage of global population under management (%)
Vaccines by region as of November 2021
Amid this protracted pandemic, why businesses should care
Vaccination progress?
As the International Monetary Fund raises global GDP for 2021,
Despite economic recovery, companies remain bullish on economic recovery
ongoing pandemic
Figure 6: A strong but extremely fragmented and uncertain recovery
New variant shaping comes into play: world economic growth
2020-2022 forecast (real GDP, annual percentage change)
Figure 7: Unemployment declines in 2021 and 2022
Moderation will instill hope in a consumer-dependent industry
Discretionary Income: Global Unemployment (in
million) 2019, 2020, 2021 and 2022
How the foodservice industry has been impacted by the pandemic
What is the new normal?
Fully Automatic Coffee Machines: Definition, Importance and Advantages
Recent market activity
innovation
World Brand
2. Focus on Featured Players
3. Market trends and drivers
Expanding the range of coffee flavors and blends to encourage adoption
Automatic coffee machine to save time and cost
Rise of V-Commerce heralds increased adoption
Automatic coffee machine in food service store
Figure 8: As the explosion of food vending becomes a major trend,
Coffee vending machines are expected to witness healthy growth:
Global Opportunity for Vending Machines (Installation 000s)
2020, 2022 and 2024 units)
Strong outlook for coffee shops bodes well for growth
Invest in an automatic coffee machine
Exhibit 9: The rise of coffee shops strengthens the business case
Fully automatic coffee machine for efficient management
Customer traffic and meeting contactless service needs:
Global Opportunity for Coffee Shops (USD Billion)
2021, 2023, 2025 and 2027
Rise of digital self-service drives adoption of automated self-service
– Service coffee in hotels, restaurants and bakeries
Artificial intelligence enables automatic coffee machines to personalize dispensing
coffee
The rise of offices with small kitchens as the workplace of the future
The benefits of automatic coffee machines
Smart coffee machine with advanced features is expandable
Market opportunities
4. Global Market Perspective
Table 1: State of the art and future analysis of a fully automated world
Coffee Machines by Geographical Region – United States, Canada, Japan,
China, Europe, Asia Pacific, Latin America, Middle East and
African Markets – Independent Analysis of Annual Sales in USD
From 2020 to 2027 and % CAGR
Table 2: World History Review of Fully Automatic Coffee
Machines by Geographical Region – United States, Canada, Japan, China,
Europe, Asia Pacific, Latin America, Middle East and Africa
Market – Independent Analysis of Annual Sales in Thousands of Dollars
2017-2019 and % CAGR
Table 3: World 10-year outlook for fully automated coffee
Machines by Geographic Region – Value Percentage Breakdown
Sales USA, Canada, Japan, China, Europe, Asia Pacific,
Latin America, Middle East and Africa market in 2017,
2021 and 2027
Table 4: World Status and Future Analysis of Express Service
Restaurants by Geographic Region – United States, Canada, Japan, China,
Europe, Asia Pacific, Latin America, Middle East and Africa
Market – Independent Analysis of Annual Sales in Thousands of Dollars
2020-2027 and % CAGR
Table 5: World History Review of Fast Food Restaurants
Geographical Regions – United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa Markets –
Independent analysis of annual sales in thousands of dollars over the years
2017-2019 and % CAGR
Table 6: Global 10-year Express Service Outlook
Restaurants by Geographic Area – Percentage Breakdown
USA, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa for many years
2017, 2021 and 2027
Table 7: Current and future analysis of the full-service world
Restaurants by Geographic Region – United States, Canada, Japan, China,
Europe, Asia Pacific, Latin America, Middle East and Africa
Market – Independent Analysis of Annual Sales in Thousands of Dollars
2020-2027 and % CAGR
Table 8: World Historical Reviews of Full-Service Restaurants
Geographical Regions – United States, Canada, Japan, China, Europe,
Asia Pacific, Latin America, Middle East and Africa Markets –
Independent analysis of annual sales in thousands of dollars over the years
2017-2019 and % CAGR
Table 9: Global 10-Year Outlook for Full-Service Restaurants
By Geographic Region – Sales Value % Breakdown
United States, Canada, Japan, China, Europe, Asia Pacific, Latin America,
Middle East and Africa 2017, 2021 and 2027
3. Market Analysis
America
Table 10: Fully Automated U.S. Current and Future Analysis
Coffee Machines by Market Segment – Quick Service Restaurant and Complete Coffee Machines
Serving Restaurants – Independent Analysis…
The full story is available on Benzinga.com
[ad_2]
Source link
