Food and Beverage Vending Machine Market - Forecasts from 2019 to 2024

The food and beverage vending machine market is projected to grow at a CAGR of 11.73% to reach US$17.803 billion in 2024 from US$9.152 billion in 2018. The growing demand for the food and beverage vending machine is due to the growing retail industry. Also, automated retailing is further contributing to the growth of the global food and beverage vending machine market in the forecast period. However, the high cost of installation may hamper the market growth. Geographically, North America and Europe are expected to hold a significant market share in the forecast period. Furthermore, increasing research and development which has led to developments such as the introduction of the intelligent vending machines is further propelling the growth of the global food and beverage market in the coming years.

Drivers

Expanding food retail industry
Changing lifestyle

Restraints

High initial investment

Industry Updates

In April 2019, Big Basket is planning to invest USD100 million to set up vending machines in order to strengthen its supply chain across various cities it operates in.

In December 2015, PepsiCo unveils Hello Goodness vending machines in order to offer better product choices for the company’s diverse and highly complementary food and beverage product portfolio.

The major players profiled in the Food and beverage vending machine market are Fuji Electric Co., Ltd., Innovative Vending Solutions, Bulk Vending Systems Ltd., UK Vending Ltd, American Vending Machines, AZKOYEN, S.A., Bianchi Industry SPA, Automated Merchandising Systems Inc. and Mondelez International Group.

Segmentation

The Food and beverage vending machine market has been analyzed through the following segments:

By Type

Snacks vending machine
Beverage vending machine
Others

By End User

Corporate
Public infrastructure
Retail
Others

By Geography

North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Other

Asia Pacific
China
Japan
South Korea
India
Others

1. INTRODUCTION

1.1. Market Overview
1.2. Market Definition
1.3. Scope Of The Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline

2. Research Methodology

2.1. Research Design
2.2. Secondary Sources

3. Executive Summary

4. Market Dynamics

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter's Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. Food And Beverage Vending Machine Market By Type

5.1. Snacks Vending Machine
5.2. Beverage Vending Machine
5.3. Others

6. Food And Beverage Vending Machine Market By End User

6.1. Corporate
6.2. Public Infrastructures
6.3. Retail
6.4. Others

7. Food And Beverage Vending Machine Market By Geography

7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Spain
7.3.5. Others
7.4. Middle East And Africa
7.4.1. Saudi Arabia
7.4.2. Other
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others

8. Competitive Intelligence

8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments And Deals
8.3. Strategies of Key Players

9. Company Profiles

9.1. Fuji Electric Co., Ltd.
9.2. Innovative Vending Solutions
9.3. Bulk Vending Systems Ltd.
9.4. UK Vending Ltd
9.5. American Vending Machines
9.6. Azkoyen, S.A.
9.7. Bianchi Industry Spa
9.8. Automated Merchandising Systems Inc.
9.9. Mondelez International Group