Global Fully Automated Coffee Machine Market Forecast and Trends

Global Fully Automatic Coffee Machine Market has gained the momentum in recent years with a CAGR of 3.71%, in value terms, over the forecast period 2020-2026, and expected to reach at USD 2851.44 Million by 2026.

The key factor such as increasing consciousness about health benefits of coffee, such as, liver cancer and liver diseases, reduced risk of type 2 diabetes, and protection against heart failure, is expected to result in high consumption of coffee. This will contribute to the growing demand for Automatic Coffee Machines. Factors such as multitasking and minimal human interference without sacrificing the quality of the brewed coffee should enable this industry segment to expand in the coming years.

Global Fully Automated Coffee Machine Market: Overview

In today's manufacturing world Automation has become the strategic advantage. Considering the fact that automation has penetrated many areas of business, one file is not yet established according to the standards of the business brewing. Completely automated coffee machines will automatically grind the coffee beans, tamp them and extract the coffee. Only the bean hopper is to be filled and if the pump is not connected to a water line the water inlet is attached to a reservoir. It implies the idea of "bean-to-cup" Fully automatic coffee machines are manufactured by a number of large-scale companies with well-established production units from which they are packaged and distributed internationally.

Fully Automatic Coffee Machines are machines used for brewing coffee. Although several different styles of coffee makers use a variety of different brewing methods, coffee grounds are mounted on the most common models inside a funnel within a paper or metal filter, which is set over a glass or ceramic coffee pot, a kettle cooking pot in the household. Instead, cold water is poured into a separate container, which is then heated and poured into the funnel. Often known as automatic drip-brew.

Growth drivers

Provides flexibility for aircraft operations

Aviation works in a highly regulated business environment of which compliance with its regulations is of paramount importance. Maintenance is vital to safety, and all other activities from financing to catering are essential to the final consumer product, a contract of carriage sold as a flight ticket. While numerous older airlines were government-owned at some point, this has shifted through liberalization dramatically, especially in the mature markets (North America and Europe). In emerging economies, the role of government-controlled airlines is still significant and even dominant in the fast-growing Middle East regions.

Integration Of Leading Technological Features

Manufacturers are focused on designing innovative and environmentally sound machinery in line with the rapid developments in technology. Integration of leading technological features in the automatic coffee machines projected to fuel demand of  fully automatic coffee machine across the global market. Growing popularity among individuals making the market lucrative for smart coffee makers and other coffee machines integrated with touchscreen, Wi-Fi, timer apps and others. The Wi-Fi & touch screen feature allows end-users to attach and monitor the machine's coffee making timer feature.

Growing demand for advanced automated coffee machines such as coffee machines with pre-infusion and pre-grinding technology, rising technical advancements and growing manufacturers ' production of environmentally friendly coffee machines are among the other factors expected to drive global market growth during the forecast period.

Increasing Expansion Of Commercial And Industrial Sectors

Growing expansion of the commercial and manufacturing sectors resulting in increased demand for automatic coffee makers around the globe in developing nations.

Commercial advantage such as high-performance and durable fully automatic coffee machines is easily capable to accommodate large volumes of 100-1,000 cups a day.

Growing preference for serving hot and fresh food and beverage items is a key driver of demand for fully automatic coffee machinery in the F&B industry.

Factors such as gradual shift from saving to consumption, increasing western consumption habits, rising café culture and shifting drinking habits preferences are driving demand for fully automatic coffee machines in the commercial & industrial sector.

Several coffee shops and tea houses focused on creative concepts, and featuring elegant interiors, complete with wireless connectivity, provide a serene socializing environment. Cafés thus become frequent hangout sites, experiencing a growing footfall in all ages. The demand for fully automatic coffee machines is expected to gain as drinking coffee at cafés gradually becomes a part of daily life across several regions.

Restraint

Rising Popularity Of Instant Coffee To Hamper Market Growth

Two of the constraints that are expected to potentially hinder the overall growth of the global fully automatic coffee machine market are the introduction of new technology and the rising inclination of consumers towards instant coffee. Instant coffee is prepared commercially by either freezing or spray drying, after which it can be rehydrated. Instant coffee is also produced in a concentrated liquid form. Young, upper-middle-class customers are seeking to incorporate trendy items into their lifestyles, which now also includes gourmet quality tea, and to eat them in the luxurious environments of specialty teashops and exclusive restaurants, hotels and cafés. Despite the fresh coffee predominance in the coffee industry, instant coffee is increasingly becoming popular worldwide. Although those factors continue to plague the industry's growth, the market may benefit from the introduction of state-of - the-art coffee machines.

Global Fully Automated Coffee Machine Market: Type

Based on type the global fully automatic coffee machine market is segmented into HoReCa type and office type. Rapidly evolving consumer tastes and desires, particularly in emerging economies with rising disposable incomes, make fast-service restaurants and cafes a greater part of daily life for people of all age groups.  Sub-sector of HoReCa sector i.e. full service restaurants which are also experiencing a growing footfall of coffee lovers. As such, it will be equally market-promising for both groups.

Global Fully Automated Coffee Machine Market: Price Point

Based on price point, the fully automatic coffee machines market can be segmented into less than USD2000, USD2000-4000, USD4000-6000, and more than USD 6000. USD2000-4000 Segment expected to dominate global market with a significant CAGR of 3.83% during 2020-2026. Owing to new innovations and technologies coming up with superior quality machine for the HoReCa sector. In addition to growing population, raising working-population and higher disposal income spent on drinking coffee is expected to increase demand for fully automatic coffee machine in the coming years.

Global Fully Automated Coffee Machine Market: Regional Insights

Based on region, the global Fully Automated Coffee Machine market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the fastest growing region in the Global Automatic Coffee Machine market in past years. The segment is expected to grow at rapid rate in 2019, which is expected to reach USD 884.88 Million by 2026. Geographically, the markets for fully automatic coffee machines in Europe and Asia-Pacific are expected to dominate over the forecast period. These regions have seen the development in recent years of a large customer base for fine dining restaurants and fast food chains, where customers spend more on eating out with family and friends. This can be attributed to the growing per capita income and the very common eating out trend in these regions.

Competitive Landscape

The leading companies of Fully Automated Coffee Machine Market are Group SEB, Franke Holding AG, Evoca Group, JURA Elektroapparate AG, De’Longhi Group, BSH Home Appliances Corporation, Bravilor Bonamat B.V. , Rancilio Group S.p.A. , Animo B.V. , Gruppo Cimbali and other prominent players.

Recent Development

Ø  March 2020, Franke Group, has expanded its digital services.

·         Franke Kaffeemaschinen AG, a Franke Group member of the coffee equipment business, has extended its digital services for consumers and operators. Through using cloud communication technology, the Franke Group updates coffee machine technology, operators can show up-to-date promotions throughout their machine fleet, and share other key pieces of information with clients. The remote service is available on fully automated coffee machines running on Franke A-line. The digital service will increase the upselling opportunity with seasonal drink promotions, build cross-selling opportunities for coffee related items, and keep consumers updated about the latest promotions, according to Franke Kaffeemaschinen AG.

Ø  Jan 2019, Brewer Maker Wilbur Curtis Acquired by Groupe SEB

                                                           ·       Following the acquisition of WMF in 2016, Groupe SEB confirms its commitment to seek growth in the professional coffee industry, which is providing tremendous opportunities for development around the world. Groupe SEB has purchased the Wilbur Curtis Corporation, and Groupe SEB, headquartered in France, counts companies like Krups and Tefal among their brand conglomerates. And they have now added "the second-largest American professional coffee products producer" to the list.

Scope of the Report

Ø  By Type

Ø  HoReCa Type

o    Quick-Service Restaurant

o    Full-Service Restaurant

Ø  By Office Type

By Region:  

Ø  North America

Ø  Europe

Ø  Asia Pacific

Ø  Latin America

Ø  Middle East & Africa

The objective of the Study:

Ø  To analyze and forecast the global Fully Automated Coffee Machine Market size of the market in terms of value.

Ø  To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.

Ø  The Global Fully Automated Coffee Machine Market segmented into five regions, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa and their leading countries.

Ø  To outline, categorized, and forecast the global Fully Automated Coffee Machine Market based on the type and by price point.

Ø  To examine competitive developments like technological advancement, services, and regulative framework within the global Fully Automated Coffee Machine Market.

Ø  To highlight the impact analysis of the factors affecting the market dynamics such as drivers, restraints, opportunities, and challenges.

Ø  To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

Key Opinion Participant

Ø  OEMs

Ø  Equipment/system suppliers

Ø  Potential investors

Ø  Key executive and strategy growth manager

Ø  End users

Ø  Government institutions

Ø  Consultancy firms