Global Vending Machine Food And Beverages Market 2024-2028
The vending machine food and beverages market is forecasted to grow by USD 1271.1 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the vending machine food and beverages market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing popularity of vending machines, rising influence of millennials, and changing lifestyles and rising demand for on-go food.
Technavio's vending machine food and beverages market is segmented as below:
By Application
- Vending machine beverage
- Vending machine food
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the innovations in vending machines as one of the prime reasons driving the vending machine food and beverages market growth during the next few years. Also, increasing online sales and increasing demand for healthy and nutritious food will lead to sizable demand in the market.
The report on the vending machine food and beverages market covers the following areas:
- Vending machine food and beverages market sizing
- Vending machine food and beverages market forecast
- Vending machine food and beverages market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vending machine food and beverages market vendors that include American Food and Vending, Aramark, Automated Merchandising Systems Inc., Azkoyen SA, Bianchi Industry SpA, BULK VENDING SYSTEMS Ltd., Compass Group Plc, Crane Holdings Co., FAS International Srl, Fuji Electric Co. Ltd., Honeywell International Inc., Kellogg Co., Mondelez International Inc., Nestle SA, PepsiCo Inc., Royal Vendors Inc., Seaga Manufacturing Inc., Selecta Group BV, The Coca Cola Co., and Westomatic Vending Services Ltd.. Also, the vending machine food and beverages market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.