Coffeemaker Market was valued at USD 5.11 billion in 2020, and it is expected to reach USD 6.36 billion, registering a CAGR of more than 4.5% during the forecast period, 2022-2030.
Coffee makers reduce the time and effort needed to make a cup of coffee. This feature offers opportunities for profitable expansion. The growing millennial preference for instant non-alcoholic beverages will also pave the way for the expansion of the coffee machine market.
Electric countertop items are coffee makers. They automatically brew hot coffee. It includes a hot plate, filter basket, water reservoir, and glass coffee pot. The boiling water is lifted upward to the top of the coffee machine by the hot water on these bubbles. The automatic nature of coffee makers makes them among the most popular equipment in both the household and commercial sectors worldwide.
Both fully automated and semi-automatic coffee makers are available. The market for coffee machines can be divided into four types based on type: bean-to-cup coffee machines, filter coffee machines, and conventional espresso machines.
A high intake of coffee is also anticipated as a result of growing knowledge of its health advantages, which include a lower risk of type 2 diabetes, liver cancer, and other liver disorders, as well as protection against heart failure. This will also help to fuel the growth in demand for coffee makers. Additionally, the market for Ready-to-Drink (RTD) beverages, particularly those with coffee as an ingredient, is expanding quickly.
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Major Players in Coffeemaker market are:
Nestle Nespresso
Philips
Electrolux
Jura
Morphy Richards
Schaerer
Hamilton Beach
Melitta
Delonghi
La Cimbali
Illy
Krups
Jarden
Fashion
Bosch
Keurig Green Mountain
Panasonic
Zojirushi
Bear
Tsann Kuen
Most important types of Coffeemaker products covered in this report are:
Drip Coffeemakers
Steam Coffeemakers
Capsule Coffeemakers
Most widely used downstream fields of Coffeemaker market covered in this report are:
Commercial
Office
Household
Major Regions or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
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FREQUENTLY ASKED QUESTIONS?
Q2. What will be the Global Coffee Maker Market size from 2021 to 2027?
Q3. What are the leading manufacturing companies in the Global Coffee Maker Market?
Q4. How the major current trends will shape the market in the future?
Q5. What are the driving factors and opportunities in the Global Coffee Maker Market?
Q6. What are the challenges faced in the Global Coffee Maker Market?
Q7. Why are some of the segments flourishing at the highest growth rate while others experience a steady growth?
Q8. What are the conclusions of the Global Coffee Maker Market report?
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