The Global Coffee Vending Machine Market Size is expected to grow at CAGR of 8.9% from 2023 to 2031.
A coffee vending machine is a type of vending machine that dispenses hot coffee. The new models fresh-brew the coffee using hot water and ground coffee beans, and some also grind the coffee to order using coffee grinders installed in the machines. Some of the machines dispense canned coffee, and some dispense both hot coffee and iced coffee. Public coffee vending machines typically require payment, functioning as coin-operated machines, and some also accept bills and credit cards.
The coffee vending machines which do not ask for payment are generally present in the offices where they provide beverages to the employees for free. Manning & Lewis company, Knap way Devices and the Bert Mills Corporation are some of the major companies producing coffee Vending Machines in U.S. The technological advancements in the coffee vending machine involves touch screen where we need to put the preferences and the responses can be recorded to provide same kind of coffee to the user every time, he wants coffee by taking a picture of the user.
The machines are usually quite large and rectangular in shape like most vending machines. Coffee vending machines are particularly used in areas where coffee shops are not in more number.
Akoya Group, Tameside Vending, Canteen, Selecta are some of the market players producing coffee vending machines.
The consumption of beverages is increasing. This leads to the necessity of completing the orders efficiently. Coffee vending machines are mainly used for its efficiency which helps in completing the orders on time. The growing demand for premiumization trend of coffee consumption as well as the awareness of its health benefits is driving the demand of beverages. The users who consume coffee on daily basis are likely to purchase the coffee vending machine in economically stable and strong areas. The demand of coffee machines is mostly driven by the restaurants and the offices where the machine provides unpaid coffee. The increased demand for automated coffee machines is due to high demand in various regions globally.
The coffee machine has a good life span but it may require regular maintenance. The cost of maintenance is higher as the high-tech components are used in the machine and skilled labour is required to repair the machine. The maintenance cannot be affordable by all the businesses. If the business is well established and the cost of repair does not affect the business. The frequency of the maintenance of the machine also depends on number of people using or handling the machine. The coffee machine in the restaurants or café will not require frequent maintenance as it is used by a single and trained person. The lack of knowledge of using the machine may also lead to frequent maintenance.
|Market Size by 2031||USD XX Million/Billion|
|Market Size in 2023||USD XX Million/Billion|
|Market Size in 2022||USD XX Million/Billion|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends|
The Bean to cup Coffee vending machine is mainly used for the coffee preparation which uses whole roasted beans for production of coffee. It is used like a conventional coffee vending machine. These machines come with multiple features in it like it can froth the milk for cappuccinos and lattes. Using the Bean to cup Vending machine the user can make coffee as per the desire. the type of coffee can be chosen. The strength, size, and temperature of their drink can also be decided. These vending machines are relatively sold at higher costs than other machines but provide a good quality of machine and drink.
The Fresh brew Vending Machines are not commonly used machines. The disposable cups cannot be used as a container as the machine makes only one cup of coffee at a single time. The advantage is that as it can make only one cup of coffee in a single time it provides fresh coffee to the customers and provide quality beverages. It can take a little longer to brew which makes it less efficient. These machines have more settings and also have control over the processes such as brewing temperature, water volume which is not provided by Bean to cup Vending machines.
Instant Vending Machines provide both hot and cold beverages. They are known as the Hot beverage machines. They can be used when the money is put in or when payment is made by card. It is an automated system but can dispense one item at a time. They have a touch screen interface. They should be used carefully as the maintenance cost is high. It is used in café’s restaurants and offices due to increasing need of coffee consumption specially by the young generation.
Offices are one of the major places where the Coffee Vending Machines are used. As Caffeine resists us from sleep and freshens up the coffee machine is provided so that if any employee is feeling tired, they have consumed coffee. It is kept in the offices so that the work of the employees is not affected and they work efficiently. The employees do not have to leave the office in the break for taking coffee, they can have it in the office. The coffee vending machines present in the offices are not to be paid, this makes the employee to have coffee without spending hundreds of rupees in the cafés. The maintenance of the machine should be done frequently as the chances of damage are more because it is used by large number of people in offices.
The coffee vending machines are used in the café’s, restaurants, canteen etc. The machine helps to meet the need of the orders placed by using the coffee machine as the conventional method would take much more time which would lead to slow service. As coffee vending machines are now available in lower prices the restaurants can afford keeping a coffee vending machines, as it can be used for variety of other purposes. These machines can be used to improve the efficacy in the restaurants. It helps to provide faster service which may lead to customer satisfaction. The high-tech equipment in the restaurant can also attract more customers due its convenience of use.
The Global Coffee Vending Machine Market is segmented by region as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
North America is a technologically advanced and economically strong region. The restaurants and cafés have high tech vending machines which also increases the cost of the coffee but is affordable for the people leaving in the region. There is significant growth in the retail industry of the region. The growing need for automated product distribution systems in airports, hospitals, school canteens, railway are major drivers of the market in the region. Other growth-inducing elements include technology improvements such as the creation of reverse vending machines (RVM). In exchange for a reward, customers can insert old or empty plastic containers and aluminium cans into these machines. As the vending machine market is growing significantly due to number of adults and teenagers is driving the market in the region.
The Europe vending machine market is expected to grow at a CAGR of 8.5% from 2023 to 2031. Increasing demand for snacks and beverages due to the hectic lifestyles of consumers is increasing the demand for vending machines in the region. The continuous rise in the number of coffee consumers in the region is also major reason to drive market growth. Germany is the fourth largest exporter of vending machines in the world. The major drivers for this market in Germany are increasing adoption of vending machine to enhance customer shopping experience and growing demand for advance vending machine with inventory & transaction management and digital advertising features. Beverages is the largest segment due to increasing demand for various beverages such as cold drinks, alcohol, juices and energy drinks. These factors can drive the market of Coffee Vending Machine in the region.
The Asia-Pacific vending machines market is expected to grow at a CAGR of 7.9%. The growth of the market is driven by the increasing acceptance of vending machines leading to the continuously changing lifestyle of consumers across the region. There is an increasing demand for healthy food and drink and vending machines which are responding to this trend by offering healthy food options. Robotic vending machines provide a unique and interactive experience for customers. Thus, driving the vending machine market size in recent years. Rising growth of urbanization, especially in emerging countries like India and China where people have been using technology for shopping to experience smart customer services. These factors drive the demand of the market in the region.
The changing lifestyle of the population in the region and shift in consumer preference towards ready-to-eat and premium branded food and beverages is driving the market of Coffee Vending Machine in the region. Another major concern is increasing partnerships between technology developers and food and beverage players are expected to strengthen the growth of vending machine in Latin America in upcoming years. Making partnership with beverage vendors in Brazil and Argentina and serving the food stands and bars as cold drinks constitute a major factor of vending machine sales in the region.
Middle East and Africa Vending Machine Market is expected to show steady growth in the market due to developing technological advances and lack of awareness. It shows relatively lower growth due to developing infrastructures, restaurants and offices in the region. The affordability is a major concern due to lower income of the population.
16 June 2023 - The Worlds first Water Tea Coffee ATM is launched in Hyderabad. The Vending machine also dispenses biscuits and is a fully automated machine which dispenses Water, Coffee and Tea without any human intervention.
17 August 2022 - Indian vending machine and café operator Roasted is gearing up for significant growth as it seeks to meet demand for out-of-home coffee and tea solutions. They targeted 1200 + vending machines and 30 cafés in India.