Keurig introduced a new connection technology platform, called BrewID, during July 2021. This technology has a feature that allows customers to have a perfectly tailored, full flavour coffee.
Starbucks Corporation, in January 2020, started to deploy AI enabled coffee machines at some of their U.S. and UK locations. The machine has AI centric sensors that offers users with an exquisite coffee brewing experience.
Author Credits: Parul Atri
Report ID: 6002
Published Date: Nov 08, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of coffee machine is estimated at USD 7.09 billion.
The coffee machine market size was over USD 6.85 billion in 2024 and is anticipated to cross USD 11.99 billion by 2037, witnessing more than 4.4% CAGR during the forecast period i.e., between 2025-2037. The growing consumption of coffee and the innovation of various coffee flavors will drive the market growth.
Europe industry is anticipated to hold largest revenue share of 35% by 2037, due to rising substantial consumption of coffee by people in the region.
The major players in the market include Keurig Green Mountain, Inc., Panasonic Malaysia, Nestlé Nespresso S.A., De’Longhi Appliances S.r.l., Electrolux, Newell Brands, Morphy Richards India, Hamilton Beach Brands, Inc., Starbucks Corporation, Robert Bosch GmbH