Coffee Bean Grinder Market is Expected to Reach USD 410.5 Million by 2026
Published | 03 October 2020
According to BlueWeave Consulting, the global coffeebean grinder market is expected to reach USD 410.5 million by 2026, growing at
a CAGR of 3.7% during the forecast period (2020-2026). The increasing adoption
of the coffee bean grinder is expected to drive the growth of the market. The texture
of the coffee grinder with less time is obtaining popularity among consumers to
get an instant cup of coffee. Moreover, the coffee bean grinder industry is
highly investing in research and development activities to devoting to
automation features in super-automatic coffee grinders to increase their
flexibility among coffee admirers. Thus, all these factors are boosting the
growth of the coffee bean grinder market.
Technological innovation, a key growth driver in the market
Technological innovation in coffee bean grinders provide new business growth opportunities and fulfill customer expectations. For instance, RFID technology is gaining popularity among customers with its special features such as data exchange between the beans tank and the grinder so that control and recording functions are feasible way above the logging and the counting of portion ground per day. Also, the quantity indicator feature in RFID technology provides an easy count of the remaining capacity and portions of coffee, as well as a signal, warms alarm feature that monitors the supply of coffee. RFID technology-enabled coffee bean grinder would create huge demand in upcoming years as compared to simple electric coffee bean grinders.
Multiple health benefits offered by coffee beans
Coffee bean grinder offers multiple health benefits which is the main reason for gaining popularity among the consumers. Coffee beans consist of an antioxidant called chlorogenic acid (CGA). It helps in weight loss and is a neuroprotectant. Even it also reduces the risk of inflammation, which is related to several health concerns. Moreover, the coffee beans reduce the risk of type-2 diabetes as coffee beans are powerful antioxidants which play a key role in maintaining insulin level in the body. Apart from this, it also reduces the risk of heart disease because it maintains cardiac rhythms and reduces the risk of stroke and shock. Thus, the rising demand for coffee beans is fueling the demand for the coffee bean grinder market.
The electric coffee bean grinders occupy the largest share of the coffee bean grinder market
The electric coffee bean grinders segment dominates the global coffee bean grinder market in revenue terms in 2019 and is projected to continue the trend throughout the forecast period. The electric coffee bean grinders segment is the most attractive, this segment is expected to grab significant market value share by 2026. Owing to the higher utilization by the consumers, while it saves time & is easy to prepare which is further boosting the market growth. These types of coffee bean grinders are expected to have significant adoption over manual coffee bean grinders and thus exhibit comparatively higher growth over the forecast period.
The global coffee bean grinder market is segmented into five regions including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Europe is likely to hold a major share in the global coffee bean grinder market. In Europe, the manufacturers are particularly focusing on offering products that are energy efficient. Moreover, the European regulations drafted for household appliances are focusing on reducing GHG (Greenhouse gas) emissions and electricity consumption. Additionally, Asia Pacific is expected to register high growth owing to the increasing urbanization and establishment of IT parks in emerging economies such as China, India & Japan. Thus, all these factors are expected to boost the consumption of coffee beverages and hence coffee bean grinder market
The prominent players” in the coffee bean grinder market includes Bunn-O-Matic Corporation, Grindmaster-Cecilware Corporation, MAHLKOENIG GmbH & Co KG, KitchenAid, Mazzer, Sanremo Coffee Machines, FETCO, Mazzer, ANFIM, Baratza, Compak, Cunill, Nuova Simonelli, Rancilio Group, MACAP, Sanremo Coffee Machines, Wilbur Curtis, Ditting & other key players. Market players are offering a varied range of coffee grinders owing to the increasing demand for personalized products based on their usage in different locations around the world. Increasing penetration of coffee grinders in cafes and restaurants is expected to result in distinguished market growth throughout the forecast period.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of global coffee bean grinder market size & forecast. The report promises to provide recent technology trends of the Coffee Bean Grinder market and industry insights that help decision-makers to make sound strategic decisions. Additionally, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
BlueWeave Consulting provides all kinds of Market Intelligence (MI) Solutions to businesses regarding various products and services online & offline. We offer comprehensive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality inputs and nourishing the long-lasting relationships with its clients. We are one of the promising digital MI solutions company providing agile assistance to make your business endeavors successful.
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