The "Fully Automatic Coffee Machine - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to this 5th edition of the report. The 180-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Fully Automatic Coffee Machine Market to Reach $4.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Fully Automatic Coffee Machine estimated at US$4.4 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at aCAGR of 1.5% over the period 2020-2027.
Quick Service Restaurants, one of the segments analyzed in the report, is projected to record 1.5% CAGR and reach US$3.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Full Service Restaurants segment is readjusted to a revised 1.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 3.1% CAGR
The Fully Automatic Coffee Machine market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$923 Million by the year 2027 trailing a CAGR of 3.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.1% and 1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.5% CAGR.
Competitors identified in this market include, among others:
- Animo BV
- Bravilor Bonamat BV
- BSH Home Appliances Corporation
- Crem International AB
- De'Longhi Group
- Eversys AG
- Franke Holding AG
- Groupe SEB
- Gruppo Cimbali SpA
- JURA Elektroapparate AG
- N&W Global Vending SpA
- Rancilio Group SpA
- Rex-Royal AG
- Wilbur Curtis Co.
Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/p3dk2w
View source version on businesswire.com: https://www.businesswire.com/news/home/20200805005459/en/
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