Coffee Roaster Market Size, Share & Trends Analysis Report By Type (Direct Fire, Half Hot Air, Hot Air), By Application (Industrial, Commercial, Residential), By Region, And Segment Forecasts, 2022 - 2028
The global coffee roaster market size is expected to reach USD 639.7 million by 2028, registering a CAGR of 6.0% over the forecast period, according to a new report by Grand View Research, Inc. Increasing specialty coffee consumption and rising popularity is expected to propel the growth of the market. Many coffee shops and cafes are increasingly roasting coffee beans in-house and serving this fresh coffee to the customers. Surging demand for flavor, aroma, and fresh coffee is anticipated to boost the coffee roasting machines market. Fresh-roasted coffee is loaded with nutrients and antioxidants, which benefit the overall health of the consumers by preventing cancer risk by boosting the immune system and other brain & liver-related health problems. Furthermore, the expansion of coffee shops and café culture in developed and developing economies is contributing positively to the market growth.
The COVID-19 pandemic had a negative impact on the market growth as it disrupted the global supply chain and trade activities. To curb the infection, various nations imposed restrictions and lockdowns, declining consumer coffee intake at cafes and restaurants, majorly in the European countries and U.S. However, the market is expected to recover and perform well with the relaxed restrictions and regulations. The pandemic also resulted in the surge in demand for household consumption of coffee giving a boost to the sales of residential coffee roasters, significant in the U.S.
Residential segment by application is expected to grow at a CAGR of 5.6% over the forecast period. Residential roasting offers several benefits for coffee addicts/enthusiasts and caters to the preference for freshly roasted coffee. Many coffee drinkers are adopting and following the home roasting trend as they want to experience the complete aroma and freshness of the coffee bean. Residential roasting is something undertaken recreationally, without any goals of profit and purely to enjoy the taste. Companies like Roastmasters, Gene, and Aillio have been selling a wide range of home roasting equipment to consumers. Furthermore, new product launches are likely to positively drive the growth of the segment. For instance, IKAWA Ltd. Launched the IKAWA Pro100 sample roaster with a batch capacity of 120 gm.
By type, the hot air segment accounted for the highest share in 2021. Hot air segment of coffee roasters accounted for over 40% market share on a revenue basis. Hot air style coffee roaster is available for industrial as well as commercial applications. The hot air is produced by burning fuel and is passed through the chamber of coffee beans, where the roasting process is carried out. The higher preference for this type is due to the even roasting of coffee beans by surface contact of hot air. In this type, coffee beans are roasted over a longer period and produce a more developed and rich flavor of coffee beans.
Central and South America is expected to register 2nd growth rate, with a CAGR of 6.5% over the forecast period. In 2019, Brazil’s largest coffee roaster Tres Coracoes held a 27% market share in the country’s overall roasted coffee production volume. The company has planned to expand in Central & South America through acquisitions in Chile, Paraguay, Uruguay, Argentina, and Bolivia, driving the demand for a coffee roaster. The company has acquired eight companies in Brazil since 2005
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