Vending Machine Market Size

Vending Machine Market size was over USD 20.58 billion in 2024 and is poised to exceed USD 53.33 billion by 2037, witnessing over 7.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of vending machine is evaluated at USD 21.83 billion. The rising demand for on-the-go snacks and beverages because of the busy lifestyle will exponentially help the market to grow in the coming years. Today's consumers want to be able to quickly obtain the majority of their daily nutrition due to changing household dynamics and hectic lifestyles. Although U.S. male and female consumers of ready meals split pretty evenly, consumers over the age of 55 account for only 26% of consumption, according to our recent survey.

Another reason to propel the vending machine market by the end of 2036 is the rising inclination of younger consumers toward healthy food substitutes. Younger customers are increasingly choosing healthier options; 65% of Gen Z consumers believe that a diet that is more "plant-forward" is good, and 77% of millennials agree that leading a balanced, healthy lifestyle is crucial. The convenience food and beverage business has experienced positive changes due to the growing purchasing power of millennials and Gen Z and their demands for healthier options.