Published on : Feb 13, 2018
Albany, New York, February 13, 2018: Drip coffee makers is the preferred style of coffee brewer within most households these days. Also, rising millennial population, higher spending on eating-out and increase in per capita food consumption in developing countries are some the primary factors leading the adoption of HoReCa drip coffee maker. Recently, a new study titled “HoReCa Drip Coffee Maker Market - Global Industry Analysis and Opportunity Assessment 2017-2025” has been broadcasted to the online repository of Market Research Hub (MRH), which explores information about the present product demand scenario in the HoReCa drip coffee maker market. Further, the study reveals market dynamics that are expected to impact the current challenges and future standing of the global HoReCa drip coffee makers market over the forecast period.
Global HoReCa Drip Coffee Maker Market: Segmental & Regional Analysis
This report also offers a holistic perspective on the growth of the market on the basis of revenue in US$ Million across key regional markets. Major regions highlighted in the study include North America, APAC, Latin America, MEA and Europe. As per the recent findings, revenue generated from HoReCa drip coffee maker market is estimated to be valued at approximately US$352.7 mn by the end of 2025, which was evaluated US$365.5 mn in 2017. Due to this, the global market is expected to decline at a CAGR of -0.4% during the forecast period.
In terms of geography, the market is likely to grow in the developing regions majorly APAC and MEA region where the rising millennial population is giving rise to café culture.
Moreover, the report has segmented the market on the basis of HoReCa type and price point. By HoReCa Type, the drip coffee makers are segmented into quick service restaurants and the full-service restaurants. Both the segments are likely to be declining in the forecast period due to the rising consumer preference towards pod coffee makers and the automatic drip coffee makers. On the basis of price point, the study includes less than US$ 100, US$ 100-200 and more than US$ 200.
Apart from the above elements, this study also discusses key trends of the global HoReCa drip coffee makers market. Some of the restraints that are potentially controlling the growth of HoReCa drip coffee maker market is the advent of new technologies and the consumer shift to pod coffee and capsule coffee.
At the end, the study includes the competitive assessment of the global HoReCa drip coffee maker market. The research report provides information about the key players functioning in the HoReCa drip coffee market across the globe includes JURA Elektroapparate AG, Bravilor Bonamat B.V., De'Longhi Group, Hamilton Beach Brands Holding Company, Bunn-o-matic Corp, Wilbur Curtis Co., Crem International AB, BSH Home Appliances Corporation, Group SEB and Animo B.V.
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