PUBLISHER: Polaris Market Research | PRODUCT CODE: 1388041
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1388041
The global coffee bean grinding machine market size is expected to reach USD 725.57 million by 2032, according to a new study by Polaris market research. The report "Coffee Bean Grinding Machine Market Share, Size, Trends, Industry Analysis Report, By Product Type (Electric Burr Grinders, Electric Blade Grinders, Manual Grinders, Others); By Machine Type; By Price Range; By End-Use Industry; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Coffee consumption is rising in 2023, primarily for specialty coffee after the COVID-19 pandemic. According to the National Coffee Association, 66% of Americans have coffee, which is more than any beverage, including tap water. Around 14% growth in consumption has been observed since January 2021. This implies that there is growing coffee consumption around the world.
In 2022, according to the National Coffee Data Trends Report, America witnessed 8% of the rise in coffee consumption at home. With an increasing number of people opting to brew coffee at home, there will be a surge in demand for quality, fresh-ground coffee beans in the market. This is, in a way, driving the demand for coffee bean grinding machines, as they have the ability to brew coffee efficiently.
Most people in the world prefer coffee as a beverage. Customization of coffee brewing methods is done by using a coffee bean grinding machine. Coffee enthusiasts are showing interest in having it with quality and taste. This is driving the need for an efficient grinding machine to ensure consumer preferences with superior coffee grinding technology. According to the National Coffee Association's latest report for 2023, past-day coffee consumption is 65% among all participants, compared to 62% in 2022. 83% of the past-day consumption participants were having coffee at home, representing their preference for home coffee brewing. Coffee grinding machines offer the convenience and quality of having coffee at home, which will drive the growth of the market in the coming years.
Electric Burr segment will grow steady pace, due to rising concern among coffee enthusiasts about its quality and aroma.
Super Automatic segment dominated the market with largest market share, owing to the convenience and low manual work.
Medium segment expected to hold largest revenue share of the market, due to the availability and affordability of machines.
North America dominating the market, primarily due to high consumption rate in the region, coupled with high disposable income
Key players include Bodum, Breville, Capresso, Cuisinart, Eureka, Gaggia, Hamilton Beach, Hario, KitchenAid, Krups, Mazzer, OXO, Rancilio, Wilfa.
Polaris market research has segmented the coffee bean grinding machine market report based on product type, machine type, price range, end-use industry, and region: