Coffee Machine Market Trends

Growth Drivers

• Demand for Food Services - The market for coffee makers is anticipated to expand in the future due to the rising demand for food services. In food service environments like cafeterias and restaurants, coffee makers enhance the eating experience. Whether it's a free offering or a menu item, serving freshly brewed coffee improves the entire experience for patrons. For example, in February 2022, the UK-based business publication Food Service Equipment Journal stated that it is projected that the UK food service sector would generate sales of about USD 116.90 billion in 2022, a 27% increase from the previous year. Consequently, the market for coffee makers is expanding due to the rising need for food service.
• Growing Technological Advancement - Technology advancements have brought about significant changes in coffee makers. Innovative technologies like voice control, touchscreen interfaces, and smartphone connection are increasingly being offered by coffee machine makers. These innovations enhance coffee brewing's flexibility and convenience while also improving the user experience. Furthermore, current brewing technologies such as capsule coffee machine and pod-based brewers are preferred by customers who want hassle-free and expedient brewing ways.

Challenges

• Side Affects of Consuming too Much Caffeine - According to data, consumption of more than 400 mg of caffeine per day is correlated with adverse effects such as general impairment, cardiovascular disease, bone and calcium effects, behavioral changes in adults, increased incidence of cancer and effects on male fertility. Therefore, excessive caffeine consumption causes digestive problems, rapid heart rate, muscle breakdown, high blood pressure, and anxiety.
• Rising cost due to inflammation is expected to hinder market growth in the projected period
• Environmental concerns associated are expected to hamper the market growth during the anticipated period.