Food and Beverage Vending Machines Market Size Expected to Grow by USD 1.84 Billion | To increase the popularity of vending machines to drive the growth of the market

NEW YORK, April 15, 2022 /PRNewswire/ — The “Food and Beverage Vending Machines Market by Application (Beverage Vending Machines and Food Vending Machines) and Geography (North America, EuropeACPA, South Americaand Middle East and Africa) – The “Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years.

Attractive Opportunities in the Food and Beverage Vending Machines Market by Application and Geography – Forecast and Analysis 2022-2026

The difference in potential growth for the Food and Beverage Vending Machines market between 2021 and 2026 is $1.84 billion. To get the exact annual growth variance and annual growth rate, talk to our analyst.

Key market dynamics:

  • market engine

  • Market challenge

the growing popularity of vending machines is driving the growth of the global vending machine food and beverage market. The number of vending machines in schools and offices is increasing and the installation of new machines is increasing due to the growing popularity. The highest number of vending machines in the world per capita are in Japan, and the number is expected to increase in the future. In the United States, the number of vending machines is increasing. Junk food dominates American vending machines due to demand for salty and sweet fast food among consumers. Rapidly changing consumer lifestyles are also making vending machines popular. These factors will drive the growth of the market over the forecast period.

the bans and restrictions on the installation of vending machines in countries like France and hong kong are challenging the growth of the global vending machine food and beverage market. For example, in January 2017, France bans refills of sodas and other sugary drinks by restaurants to reduce obesity rates among consumers. In November 2017, hong kong banned the sale of bottled water from all newly installed vending machines on government premises. These factors will limit the market during the forecast period.

Learn more about additional key factors, trends and challenges available with Technavio. Read our FREE sample report now!

Market segmentation

The Food and Beverage Vending Machines market report is segmented by Application (Beverage Vending Machines and Food Vending Machines) and Geography (North America, EuropeACPA, South Americaand the Middle East and Africa). North America will be the leading region with 37% of the market growth during the forecast period. The United States is the key market for food and beverage vending machines in North America.

See our sample report for additional information on the contribution of all segments and regional opportunities in the report.

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Food and Beverage Vending Machines Market Scope

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 6.26%

Market Growth 2022-2026

$1.84 billion

Market structure

Fragmented

Annual growth (%)

5.19

Regional analysis

North America, Europe, APAC, South America, Middle East and Africa

Successful market contribution

North America at 37%

Main consumer countries

United States, Japan, China, Germany and United Kingdom

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

American Food and Vending, Aramark, Automated Merchandising Systems Inc., Azkoyen SA, Bianchi Industry SpA, BULK VENDING SYSTEMS Ltd., Compass Group Plc, Crane Co., FAS International Srl, Fuji Electric Co. Ltd., Honeywell International Inc., Kellogg Co., Mondelez International Inc., Nestlé SA, PepsiCo Inc., Royal Vendors Inc., Seaga Manufacturing Inc., Selecta Group BV, The coca cola co. and Westomatic Vending Services Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Application

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier Landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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