Coffee Machine Market In The United States Is Projected To Rise At 5.2% CAGR By The End Of 2032
U.S. Coffee Machine Market Outlook (2022-2032)
The coffee machine market in the United States is currently valued at US$ 5.5 billion and is projected to rise at 5.2% CAGR to reach a market valuation of US$ 9.1 billion by the end of 2032, thereby creating an absolute dollar opportunity worth US$ 3.7 billion during the forecast years of 2022-2032.
Demand is expected to increase on the back of the rising number of coffee-drinking consumers, leading to augmented adoption of coffee machines in both commercial and residential places. Along with this, the incorporation of advanced technology and the launch of automatic coffee machines are anticipated to support market growth over the coming years.
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Segmentation of U.S. Coffee Machine Industry Research
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U.S. Coffee Machine Market by Type :
- Drip Coffee Machines
- Steam Coffee Machines
- Capsule Coffee Machines
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U.S. Coffee Machine Market by Price Point :
- Less Than US$ 2,000 Coffee Machines
- US$ 2,000-4,000 Coffee Machines
- US$ 4,000-6,000 Coffee Machines
- Above US$ 6,000 Coffee Machines
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U.S. Coffee Machine Market by Buyer Category :
- Quick-Service Restaurants
- Fast Food Restaurants
- Cafeterias
- Carryout Restaurants
- Full-Service Restaurants
- Fine-Dining Restaurants
- Casual Dining Restaurants
- Hotel and Club Foodservice
- Resorts
- Households
- Institutions
- Educational Institutions
- Hospitals
- Commercial Spaces
- Others
- Quick-Service Restaurants
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U.S. Coffee Machine Market by Sales Channel :
- Offline Sales
- Modern Trade Channels
- Retailers
- Franchised Stores
- Local Stores
- Others
- Online Sales
- Company/Brand Websites
- e-Commerce Platforms
- Offline Sales
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U.S. Coffee Machine Market by Region :
- West U.S.
- South-West U.S.
- Mid-West U.S.
- North-East U.S.
- South-East U.S
Competitive Landscape: Top Companies in Coffee Machine Market
Companies in the United States coffee machine market are expanding their production lines to meet the growing demand for coffee-making systems. They are also investing in developing innovative coffee machines, such as introducing special coffee machines with new additions that are being highly embraced by consumers.
Automation in coffee machines and offering customized solutions are also supporting market growth.
- The J.M. Smucker Company and JDE Peet announced a strategic collaboration in 2021. This partnership is likely to support the company in the liquid coffee business, leading to production, product development, and foodservice equipment innovation.
- Farmer Bros Co. announced a strategic partnership with NuZee, Inc. in 2020 to provide access to manufacturing volume to roll out innovative coffee and tea products in the United States.
Fact.MR has provided detailed information about the price points of key coffee machine manufacturers in the market positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
