United States Coffee Machine Market
United States Coffee Machine Market, By Product (Drip/Filter, Pod/Capsule, Espresso, Bean-to-Cup); By Application (Commercial, Residential), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: December 2024
- Report ID: BWC24943
- Available Format: PDF
- Page: 140
Report Overview
Increasing coffee consumption, demand for convenience, technological advancements in brewing methods, and the rise of specialty coffee culture are projected to drive United States Coffee Machine Market during the forecast period between 2024 and 2030.United States Coffee Machine Market – Industry Trends & Forecast Report, 2030
United States Coffee Machine Market size by value was estimated at USD 3.5 billion in 2023. During the forecast period between 2024 and 2030, United States Coffee Machine Market size is expected to expand at a CAGR of 3.80% reaching a value of USD 4.5 billion by 2030. United States Coffee Machine Market is driven by several key factors, including increasing coffee consumption due to the growing number of coffee enthusiasts, demand for convenience as consumers seek easy-to-use, time-saving machines, and technological advancements in brewing methods and smart features. Additionally, the rise of specialty coffee culture and artisanal coffee trends boost interest in high-quality coffee machines. These factors contribute to the market's robust growth, catering to diverse consumer preferences and lifestyles.
Coffee Machines – Overview
Coffee machines are devices designed to automate the coffee brewing process, offering convenience and consistency. They come in various types, including drip coffee makers, espresso machines, single-serve pod systems, and French presses. Modern coffee machines often feature programmable settings, built-in grinders, and milk frothers, catering to diverse preferences. With the rise of specialty coffee culture, these machines provide a way to enjoy barista-quality coffee at home, enhancing the overall coffee experience for enthusiasts and casual drinkers alike.
United States Coffee Machine Market
Growth Drivers
Rising Coffee Consumption
United States Coffee Machine Market is experiencing robust growth, fueled by rising coffee consumption. An increasing number of coffee enthusiasts are seeking high-quality, convenient brewing solutions at home, and driving demand for coffee machines. This trend is supported by the growing preference for specialty and artisanal coffee, as consumers aim to replicate the café experience. As coffee culture continues to thrive, the market for coffee machines is poised for substantial expansion.
Challenges
High Initial Cost Could Limit Market Growth
High initial cost of advanced coffee machines poses a significant restraint in United States Coffee Machine Market. Premium coffee makers, especially those with high-tech features and superior build quality, often come with a hefty price tag. This can be a barrier for many consumers, particularly those with budget constraints, limiting market penetration. While the long-term benefits may justify the investment, the substantial upfront cost remains a deterrent for potential buyers, impacting overall market growth.
Impact of Escalating Geopolitical Tensions on United States Coffee Machine Market
Heigtened geopolitical tensions between countries and further spreading across the major regions could significantly impact the grwoth of United States Coffee Machine Market. Economic and trade tensions and resultant sanctions could disrupt global supply chains, leading to shortages of raw materials and increased costs for manufacturers. Political instability can also deter investment and hinder market growth. Additionally, tariffs and trade restrictions resulting from geopolitical conflicts can affect the cost and availability of coffee beans, impacting production and retail prices. Consumer confidence may decline, affecting demand for coffee machines. Overall, geopolitical volatility poses substantial challenges for the market, making it difficult for companies to operate smoothly and sustain growth.
United States Coffee Machine Market
Segmental Coverage
United States Coffee Machine Market – By Product
United States Coffee Machine Market by product is divided into Drip/Filter, Pod/Capsule, Espresso, and Bean-to-Cup segments. The drip/filter segment typically represents the largest share of United States Coffee Machine Market by product. Its dominance is driven by affordability, simplicity, and widespread preference for traditional brewing methods, especially in households and offices. While other segments like Pod/Capsule and Espresso are growing due to convenience and premium coffee demand, Drip/Filter remains popular for brewing large quantities economically, making it the top choice for budget-conscious and volume-focused consumers.
United States Coffee Machine Market – By Application
On the basis of application, United States Coffee Machine Market is bifurcated into Commercial and Residential segments. The residential segment holds a larger market share of United States Coffee Machine Market by application, due to the widespread culture of home brewing, increasing adoption of single-serve and automated coffee machines, and the growing demand for convenience among consumers. The rise in work-from-home trends and the availability of a variety of coffee machine options catering to different budgets and preferences further fuel this segment’s growth, making it a key contributor to the market's overall revenue.
Competitive Landscape
Major companies in the highly competitive United States Coffee Machine Market include Keurig, Cuisinart, Breville, Mr. Coffee, Technivorm, Nespresso, Philips, Smeg, Ninja, and Hamilton Beach. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
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In May 2023 – Keurig Dr Pepper unveiled the Keurig K-Iced line of brewers, consisting of three new coffee makers and five delectable ICED K-Cup pod options. The range of ICED products aims to provide consumers with an exceptional café-quality iced coffee experience right in the comfort of their own homes.
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In March 2023 – De’Longhi Australia unveiled the La Specialista Arte, an elegant and space-saving manual coffee machine, under the La Specialista Family.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
United States |
Product/Service Segmentation |
Product, Application |
Key Players |
Keurig, Cuisinart, Breville, Mr. Coffee, Technivorm, Nespresso, Philips, Smeg, Ninja, Hamilton Beach |
By Product
-
Drip/Filter
-
Pod/Capsule
-
Espresso
-
Bean-to-Cup
By Application
-
Commercial
-
Residential
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- United States Coffee Machine Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Coffee Consumption
- Convenience and Time-Saving
- Customization and Variety
- Restraints
- High Initial Cost
- Maintenance and Cleaning
- Opportunities
- Rising Disposable Incomes
- Increasing Demand for Specialty Coffee
- Challenges
- Environmental Concerns
- Changing Consumer Preferences
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- United States Coffee Machine Market: Marketing Strategies
- United States Coffee Machine Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- Drip/Filter
- Pod/Capsule
- Espresso
- Bean-to-Cup
- By Application
- Commercial
- Residential
- By Product
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- United States Coffee Machine Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- Impact of Escalating Geopolitical Tensions on United States Coffee Machine Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Keurig
- Cuisinart
- Breville
- Mr. Coffee
- Technivorm
- Nespresso
- Philips
- Smeg
- Ninja
- Hamilton Beach
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Country
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 United States Coffee Machine Segmentation
Figure 2 United States Coffee Machine Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 United States Coffee Machine Market Size, By Value (USD Billion), 2019–2030
Figure 5 United States Coffee Machine Market Share, By Product, By Value, 2019–2030
Figure 6 United States Coffee Machine Market Share, By Application, By Value, 2019–2030
List of Tables
Table 1 United States Coffee Machine Market Size, By Value (USD Billion), 2019–2030
Table 2 United States Coffee Machine Market Size, By Product, By Value, 2019–2030
Table 3 United States Coffee Machine Market Size, By Application, By Value, 2019–2030
Table 4 Keurig Company Overview
Table 5 Keurig Financial Overview
Table 6 Cuisinart Company Overview
Table 7 Cuisinart Financial Overview
Table 8 Breville Company Overview
Table 9 Breville Financial Overview
Table 10 Mr. Coffee Company Overview
Table 11 Mr. Coffee Financial Overview
Table 12 Technivorm Company Overview
Table 13 Technivorm Financial Overview
Table 14 Nespresso Company Overview
Table 15 Nespresso Financial Overview
Table 16 Philips Company Overview
Table 17 Philips Financial Overview
Table 18 Smeg Company Overview
Table 19 Smeg Financial Overview
Table 20 Ninja Company Overview
Table 21 Ninja Financial Overview
Table 22 Hamilton Beach Company Overview
Table 23 Hamilton Beach Financial Overview
Market Segmentation
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