The Latin America, Middle East and Africa Coffee Machine Market should witness market growth of 7.6% CAGR during the forecast period (2022-2028).
Smart coffee machines also assist in reminding the user of any technical issues or refilling requirements by sending a notification on the device from which they are controlled. For example, the machines can send information to remind the user about water refilling, water filter disk replacement, coffee beans, and milk volume in the machine.
In addition, many machines are now also able to prepare two drinks simultaneously, which is an extremely useful feature for commercial uses. Therefore, the increased operational flexibility that the smart coffee machines offer is further propelling their demand. Apart from restaurants, hotels, and cafes, convenience stores are emerging as popular locations where consumers can buy coffee.
More convenience stores have started accommodating a cafeteria that serves ready-to-consume food and drinks to cater to the customers. As a result, it has increased the demand for coffee machines in such places as well. In addition, coffee shops cater to a limited consumer base, while F&B chains and other convenience stores or corner street kiosks cater to a broader consumer base. Therefore, a deeper connection in such stores would benefit market participants greatly.
Nineteen of the 50 largest coffee-producing nations in the world are found in Latin America, where coffee supports the livelihood of many families. Brazil (1st) and Colombia (3rd) are the biggest countries in the world regarding coffee production, as highlighted by the International Coffee Organization. In many Latin American nations, there is a developing culture with a local emphasis on coffee roasting.
The Brazil market dominated the LAMEA Coffee Machine Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $150.3 million by 2028.The Argentina market is experiencing a CAGR of 8.2% during (2022-2028). Additionally, The UAE market would display a CAGR of 7.3% during (2022-2028).
Based on Application, the market is segmented into Commercial and Residential. Based on Product, the market is segmented into Drip Filter, Pod/Capsule, Espresso and Bean-to-Cup. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AB Electrolux (Electrolux), Koninklijke Philips N.V., Hamilton Beach Brands, Inc. (Hamilton Beach Brands Holding Company), Robert Bosch GmbH (BSH Home Appliances Corporation), Breville Group Limited, Newell Brands, Inc. (Mr. Coffee), Whirlpool Corporation, Keurig Dr Pepper, Inc. (Keurig Green Mountain, Inc.), Schaerer AG (WMF) (Groupe SEB ), and Glen Dimplex Europe Holdings Limited (Morphy Richards)
Smart coffee machines also assist in reminding the user of any technical issues or refilling requirements by sending a notification on the device from which they are controlled. For example, the machines can send information to remind the user about water refilling, water filter disk replacement, coffee beans, and milk volume in the machine.
In addition, many machines are now also able to prepare two drinks simultaneously, which is an extremely useful feature for commercial uses. Therefore, the increased operational flexibility that the smart coffee machines offer is further propelling their demand. Apart from restaurants, hotels, and cafes, convenience stores are emerging as popular locations where consumers can buy coffee.
More convenience stores have started accommodating a cafeteria that serves ready-to-consume food and drinks to cater to the customers. As a result, it has increased the demand for coffee machines in such places as well. In addition, coffee shops cater to a limited consumer base, while F&B chains and other convenience stores or corner street kiosks cater to a broader consumer base. Therefore, a deeper connection in such stores would benefit market participants greatly.
Nineteen of the 50 largest coffee-producing nations in the world are found in Latin America, where coffee supports the livelihood of many families. Brazil (1st) and Colombia (3rd) are the biggest countries in the world regarding coffee production, as highlighted by the International Coffee Organization. In many Latin American nations, there is a developing culture with a local emphasis on coffee roasting.
The Brazil market dominated the LAMEA Coffee Machine Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $150.3 million by 2028.The Argentina market is experiencing a CAGR of 8.2% during (2022-2028). Additionally, The UAE market would display a CAGR of 7.3% during (2022-2028).
Based on Application, the market is segmented into Commercial and Residential. Based on Product, the market is segmented into Drip Filter, Pod/Capsule, Espresso and Bean-to-Cup. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AB Electrolux (Electrolux), Koninklijke Philips N.V., Hamilton Beach Brands, Inc. (Hamilton Beach Brands Holding Company), Robert Bosch GmbH (BSH Home Appliances Corporation), Breville Group Limited, Newell Brands, Inc. (Mr. Coffee), Whirlpool Corporation, Keurig Dr Pepper, Inc. (Keurig Green Mountain, Inc.), Schaerer AG (WMF) (Groupe SEB ), and Glen Dimplex Europe Holdings Limited (Morphy Richards)
Scope of the Study
By Application
- Commercial
- Residential
By Product
- Drip Filter
- Pod/Capsule
- Espresso
- Bean-to-Cup
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- AB Electrolux (Electrolux)
- Koninklijke Philips N.V.
- Hamilton Beach Brands, Inc. (Hamilton Beach Brands Holding Company)
- Robert Bosch GmbH (BSH Home Appliances Corporation)
- Breville Group Limited
- Newell Brands, Inc. (Mr. Coffee)
- Whirlpool Corporation
- Keurig Dr Pepper, Inc. (Keurig Green Mountain, Inc.)
- Schaerer AG (WMF) (Groupe SEB )
- Glen Dimplex Europe Holdings Limited (Morphy Richards)
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Coffee Machine Market, by Application
1.4.2 LAMEA Coffee Machine Market, by Product
1.4.3 LAMEA Coffee Machine Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Coffee Machine Market
Chapter 4. LAMEA Coffee Machine Market by Application
4.1 LAMEA Commercial Market by Country
4.2 LAMEA Residential Market by Country
Chapter 5. LAMEA Coffee Machine Market by Product
5.1 LAMEA Drip Filter Market by Country
5.2 LAMEA Pod/Capsule Market by Country
5.3 LAMEA Espresso Market by Country
5.4 LAMEA Bean-to-Cup Market by Country
Chapter 6. LAMEA Coffee Machine Market by Country
6.1 Brazil Coffee Machine Market
6.1.1 Brazil Coffee Machine Market by Application
6.1.2 Brazil Coffee Machine Market by Product
6.2 Argentina Coffee Machine Market
6.2.1 Argentina Coffee Machine Market by Application
6.2.2 Argentina Coffee Machine Market by Product
6.3 UAE Coffee Machine Market
6.3.1 UAE Coffee Machine Market by Application
6.3.2 UAE Coffee Machine Market by Product
6.4 Saudi Arabia Coffee Machine Market
6.4.1 Saudi Arabia Coffee Machine Market by Application
6.4.2 Saudi Arabia Coffee Machine Market by Product
6.5 South Africa Coffee Machine Market
6.5.1 South Africa Coffee Machine Market by Application
6.5.2 South Africa Coffee Machine Market by Product
6.6 Nigeria Coffee Machine Market
6.6.1 Nigeria Coffee Machine Market by Application
6.6.2 Nigeria Coffee Machine Market by Product
6.7 Rest of LAMEA Coffee Machine Market
6.7.1 Rest of LAMEA Coffee Machine Market by Application
6.7.2 Rest of LAMEA Coffee Machine Market by Product
Chapter 7. Company Profiles
7.1 Robert Bosch GmbH (BSH Home Appliances Corporation)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Whirlpool Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 AB Electrolux (Electrolux)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.5.2 Acquisition and Mergers:
7.3.5.3 Geographical Expansions:
7.4 Breville Group Limited
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Acquisition and Mergers
7.5 Schaerer AG (WMF GmbH) (Groupe SEB)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.6 Keurig Dr Pepper, Inc. (Keurig Green Mountain, Inc.)
7.6.1 Company overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Newell Brands, Inc. (Mr. Coffee)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Geographical Expansions:
7.8 Koninklijke Philips N.V.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Product Launches and Product Expansions:
7.9 Hamilton Beach Brands, Inc. (Hamilton Beach Brands Holding Company)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.10. Glen Dimplex Europe Holdings Limited (Morphy Richards)
7.10.1 Company Overview
Companies Mentioned
- AB Electrolux (Electrolux)
- Koninklijke Philips N.V.
- Hamilton Beach Brands, Inc. (Hamilton Beach Brands Holding Company)
- Robert Bosch GmbH (BSH Home Appliances Corporation)
- Breville Group Limited
- Newell Brands, Inc. (Mr. Coffee)
- Whirlpool Corporation
- Keurig Dr Pepper, Inc. (Keurig Green Mountain, Inc.)
- Schaerer AG (WMF) (Groupe SEB )
- Glen Dimplex Europe Holdings Limited (Morphy Richards)
Methodology
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