U.S. Coffee Machines Market Insights Report 2024-2029: Semi-Automatic Espresso Machines in the Operation Segment had the Largest Market Share of Over 40% in 2023 - ResearchAndMarkets.com

Semi-automatic espresso machines in the operation segment have the largest market share of over 40% in the U.S. coffee machines market in 2023.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Thursday, April 25, 2024
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Tags: 
Technology, Men, Retail, Consumer, Home Goods, Restaurant, Bar, Convenience Store, Department Stores, Supermarket, Women, Seniors, Food, Beverage, Consumer Electronics, Organic Food, Maker, USD, Taste, Water, Habit, Culture, Automation, NCDT, Growth, Coffee
Geotags: 
UNITED STATES, NORTH AMERICA
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RESEARCH AND MARKETS, RESEARCHANDMARKETS.COM
Summary
Key Points: 
  • Semi-automatic espresso machines in the operation segment have the largest market share of over 40% in the U.S. coffee machines market in 2023.
  • The direct distribution channel segment has the largest market share of over 31% in the U.S. coffee machine market.
  • Increasing Consumption of Coffee: Coffee is needed to get through the morning and has become one of the most popular hot beverages.
  • The convenience of coffee machines boosts the market for coffee machines in the U.S.


The "U.S. Coffee Machines Market - Focused Insights 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The U.S. Coffee Machines Market was valued at USD 7.55 billion in 2023, and is projected to reach USD 8.44 billion by 2029, showcasing a CAGR of 1.87%.

The pod or capsule coffee machines product segment is growing significantly in the U.S. market, with the fastest CAGR of 2.37% during the forecast period. The pod coffee maker is the best option for individuals wishing to enjoy coffee quickly and without issues. Due to the ease of use of coffee makers, customers can conveniently enjoy the personalized experience of a coffee shop in their own house. This factor is boosting the segment of the coffee machine market.

Semi-automatic espresso machines in the operation segment have the largest market share of over 40% in the U.S. coffee machines market in 2023. The segment is propelling as the popularity of semi-automatic machines stems from their ability to strike a balance between automation and user involvement. Users appreciate the consistent results achieved effortlessly, yet the option for customization allows for a degree of personalization in the brewing process.

The residential segment is expected to grow significantly, with the highest CAGR in the U.S. coffee machine market. The segment is growing primarily due to the large consumption volume of coffee bags among households. The consumption volume of coffee in households indicates the prevalent coffee culture and habits among consumers. Many families have developed a strong affinity for coffee, making it a daily ritual or an integral part of their lifestyle. This cultural shift towards coffee enjoyment at home has boosted the demand for residential coffee machines.

The direct distribution channel segment has the largest market share of over 31% in the U.S. coffee machine market. This segment is growing as it can sell products directly from the manufacturer or supplier to customers without intermediaries. This approach allows for greater control over the sales process and a more personalized customer experience.

MARKET TRENDS & DRIVERS

Increasing Consumption of Coffee: Coffee is needed to get through the morning and has become one of the most popular hot beverages. As per the Spring 2022 National Coffee Data Trends (NCDT) report, 66% of Americans drink coffee daily, more than any other beverage, including tap water. Coffee consumption in the U.S. is around 400 cups per person per year. Everybody has a distinct favorite type of coffee, and automatic coffee makers come in various flavors to suit every taste, from classic espresso to filter coffee to mocha. The convenience of coffee machines boosts the market for coffee machines in the U.S.

Swift Adoption of a Fully Automated Coffee Maker: The coffee machine industry is changing due to automated brewing, which offers unmatched efficiency and convenience. Coffee lovers can enjoy expertly crafted coffee drinks in the comfort of their own homes or businesses with just a button push. There are no more difficult brewing procedures or untidy grinds because autonomous machines handle everything. The rise of unmanned convenience stores is a promising opportunity for vendors to install fully automated coffee-making machines. People can enjoy their favorite beverages anytime, wherever, without sacrificing quality or taste with the help of automated brewing technology, and this factor is aiding the growth of the coffee machine market.

VENDOR LANDSCAPE

The U.S. coffee machine market report contains exclusive data on 38 vendors. .

VENDORS LIST

Key Vendors

  • Behmor Inc.
  • Black & Decker
  • Bravilor Bonamat
  • BUNN-O-Matic Corporation
  • De'Longhi Group
  • Electrolux
  • Haier
  • Evoca Group
  • Farmer Brothers
  • Franke Kaffeemaschinen
  • Hamilton Beach Brands Inc.
  • Keurig Green Mountain Inc.
  • Koninklijke Philips N.V.
  • Lavazza
  • Melitta
  • Nestle SA
  • Panasonic Holdings Corporation
  • Breville

Other Prominent Vendors

  • Robert Bosch GmbH
  • KitchenAid
  • Moccamaster USA
  • Whirlpool Corporation
  • Mr. Coffee
  • National Presto Industry. Inc
  • Quench
  • Regal Ware
  • SharkNinja Operating
  • Spectrum Brands, Inc.
  • Sunbeam Products Inc
  • The J.M. Smucker Company
  • Westrock Coffee
  • WMF GmbH
  • Helen of Troy Limited
  • P&G
  • Sensio Inc.
  • Jura Elektroapparate AG
  • Conair Corporation
  • Instant Brands Inc.

KEY QUESTIONS ANSWERED

  • How big is the U.S. coffee machine market?
  • What is the growth rate of the U.S. coffee machine market?
  • Who are the major players in the U.S. coffee machine market?

Key Attributes:

Report Attribute Details
No. of Pages 81
Forecast Period 2023 - 2029
Estimated Market Value (USD) in 2023 $7.55 Billion
Forecasted Market Value (USD) by 2029 $8.44 Billion
Compound Annual Growth Rate 1.8%
Regions Covered United States

 

 

Key Topics Covered:

Chapter - 1: U.S. Coffee Machines Market Overview

  • Executive Summary
  • Key Findings
  • Key Developments

Chapter - 2: U.S. Coffee Machines Market Segmentation Data

  • Product Market Insights (2023-2029)
    • Drip Coffee Machines
    • Pod or Capsule Coffee Machines
    • Espresso Coffee Machines
    • Bean-To-Cup Coffee Machines
    • Others
  • Operations Market Insights (2023-2029)
    • Automatic
    • Semi-Automatic
    • Manual
  • End-user Market Insights (2023-2029)
    • Commercial
    • Residential
  • Distribution Channel Market Insights (2023-2029)
    • Direct
    • Coffee Roasters
    • Big Box/Super Stores
    • Specialty Retail Stores
    • Online Stores
    • Others

Chapter - 3: U.S. Coffee Machines Market Prospects & Opportunities

  • U.S. Coffee Machines Market Drivers
  • U.S. Coffee Machines Market Trends
  • U.S. Coffee Machines Market Constraints

Chapter - 4: U.S. Coffee Machines Market Overview

  • U.S. Coffee Machines Market - Competitive Landscape
  • U.S. Coffee Machines Market - Key Players
  • U.S. Coffee Machines Market - Key Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/rx5ty5

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