Automatic coffee machines market is expected to reach USD 7.5 billion by 2032

From Globe Newswire: 2024-12-16 06:30:00

The automatic coffee machine market was valued at USD 4.4 billion in 2023 and is expected to grow at a CAGR of 6.1% from 2024 to 2032. Rising coffee consumption and a preference for specialty coffee are driving the demand for convenient, high-performing coffee machines. Modern consumers appreciate the speed and convenience automatic machines provide, with customizable features enhancing the coffee experience.

Drip filter coffee machines led the market in 2023 with a valuation of USD 2.5 billion, projected to grow at a 5.7% CAGR through 2032. Offline sales accounted for 51.4% of the market in 2023, with physical stores playing a significant role in consumer purchasing decisions. North America held a substantial share, with the market valued at USD 1.2 billion in 2023, expected to grow at a 6.3% CAGR through 2032.

Major players in the automatic coffee machine market include Bosch, De’Longhi, Jura, Keurig Dr. Pepper, and Philips. The market is divided by machine type, with drip filter machines leading the segment. Offline sales are expected to grow at a 4.5% CAGR through 2032, with physical stores aiding consumer purchasing decisions. North America is a key market, reflecting a strong coffee culture and demand for convenience in daily routines.



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