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Coffee Machines Market Size, Share & Analysis With CAGR of 6.57% 2022-2030

03-20-2024 01:07 PM CET | Consumer Goods & Retail

Press release from: Market Research Future (MRFR)

Coffee Machines Market

Coffee Machines Market

In 2021, the coffee machines market size reached USD 7.23 billion. Over the forecast period from 2022 to 2030, the industry is expected to expand from USD 7.88 billion in 2022 to USD 13.12 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 6.57%.

The market for coffee machines is flourishing, meeting the demands of coffee aficionados worldwide. These machines offer a seamless and efficient way to brew coffee, whether it's at home, in the office, or in commercial settings. With a diverse array of options available, including espresso machines, drip coffee makers, and pod-based systems, consumers have ample choices to match their preferences and brewing requirements. The market is on an upward trajectory as more individuals opt for brewing their favorite coffee beverages at home, adding to the traditional café experience. Furthermore, technological advancements such as programmable settings and integrated grinders are driving growth in the market. As the coffee culture continues to evolve, driven by a quest for quality coffee and convenience, the coffee machines market is poised for sustained expansion.

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Key Companies in the Coffee Machines Market include:

Keurig Green Mountain Inc. (U.S.)

Panasonic Corporation (Japan)

Nestlé S.A. (Switzerland)

Newell Brands (U.S.)

De'Longhi Group (Italy)

Electrolux AB (Sweden)

Melitta (Germany)

Morphy Richards (U.K.)

Koninklijke Philips N.V.(Netherlands)

Hamilton Beach Brands Inc. (U.S.)

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others.

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Coffee Machines Market Segmentation

Coffee Machines Type Outlook

Filter Coffee Machines
Capsules Or Pod Coffee Machines,
Traditional Espresso Machine
Bean-To-Cup Coffee Machines
Coffee Machines Technology Outlook

Manual
Semi-Automated
Fully Automated
Coffee Machines End-User Outlook

Residential
Commercial
Office
Hotels & Restaurants
Coffee Machines Distribution Channel Outlook

Specialty Stores
Hypermarkets & Supermarkets
Online Stores
Others
Coffee Machines Industry Developments

In July 2022,

Keurig and BLK & Bold Coffee Announce New K-Cup Pod Partnership. New features within the Keurig brewing system that BLK & Bold will benefit from include MultiStream technology, which uses five streams of water to thoroughly saturate the coffee grounds and extract full flavor and aroma from each K-Cup pod.

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Website: https://www.marketresearchfuture.com/

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.

Our fast-emerging market research firm is armed with an adept research analysts' team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

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