Coffee Roaster Market Expected to Reach $741.90 Million by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Coffee Roaster Market," The Coffee Roaster Market Size was valued at $448.90 million in 2021, and is estimated to reach $741.90 million by 2031, growing at a CAGR of 5.2% from 2021 to 2031. 

In 2021, the gas roaster segment accounted for nearly half of the total Coffee Roaster Market Size.

Various types of coffee roasters are available in the market, with their form and primary source of heating depending on the applications and conditions under which the machines will be used. Residential as well as industrial use machines differ in the volume, type, intensity, and functionality which are implemented.

Due to enormous consumption of coffee, manufacturers of coffee makers are expanding their product portfolio to meet local taste and adjusting their packaging designs to appeal the local market. This, in turn, is anticipated to positively impact the coffee roaster market growth. Coffee consumption in European countries is expected to reach record-breaking levels by mid-2022s. For instance, Finland is largest coffee consumer with 12 kg per capita per year followed by Norway (9.9 kg), moreover, consumption in China has grown by 16% per year over the last 10 years. This makes China the 17th largest coffee consumer in the world. According to report of The National Coffee Association (NCA), 59% of coffee consumed daily is classified as gourmet. Young generation is driving this growth in coffee consumption outside the home. The demand for coffee maker is likely to increase at a rapid pace, owing to growth in the middle classes, urbanization, and rising incomes. Moreover, Europe is gaining remarkable traction in the coffee maker industry for various attributes such as high export, consumption, and production of coffee, which provides favorable market conditions and business environment for growth of the coffee roaster market.

Rising interest in coffee culture, rapid expansion of international chain coffee establishments, adoption of coffee roasting as a means of relaxation and startup businesses are major Coffee Roaster Market Trends and contributing factors to the growth of the coffee roasters market. Innovations in coffee roasting machines that make the process easier and more efficient will further help in the expansion of the market and brings myraid Coffee Roaster Market Opportunity. However, deterrents such as high investment costs and upkeep, especially for commercial establishments that own coffee roasters, are deterrents to the growth of the coffee roasters market.

The coffee roaster market is segmented into category, end user, type, distribution channel, and region. By product type, the coffee roaster market is classified into drum, hot air, stove top, and others. Depending on category, the market is categorized into electric roaster and gas roaster. Based on end user the market is bifurcated into commercial and residential. According to distribution channel used for sale of coffee roasters, the market is segmented into business to business, specialty stores, hypermarkets/supermarkets, and online. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, India, Japan, Australia, Singapore, New Zealand, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Saudi Arabia, UAE and rest of LAMEA).

According to Shankar Bhandalkar, Assistant Manager-Research, Food and Beverage at Allied Market Research, “Greater interest of consumers in coffee and coffee derived drinks are pulling more customers towards coffee. This is leading to a greater demand for coffee beans, which is impacting the coffee roasters market in a positive manner.”

The players operating in the Coffee Roaster market have adopted various developmental strategies to increase their Coffee Roaster Market Share, gain profitability, and remain competitive in the Coffee Roaster Industry. The key players operating in the Coffee Roaster Market Analysis include- Buhler Group, Diedrich Manufacturing Inc., Genio Roasters, Giesen Coffee Roasters, Mill City Roasters, Nestle S.A., Panasonic, Roaster & Roaster, Toper, and U.S. Roaster Corp.

Key findings of the study

• By type, the Drum roaster dominated the market in 2021 and is likely to remain dominant during the Coffee Roaster Market Forecast period.
• By category, electric roaster is anticipated to fastest growing segment during the forecast period.
• By end user, residential is anticipated to fastest growing segment during the forecast period.
• By distribution channel, business to business segment dominated the market in 2021 and is likely to remain dominant during the forecast period.
• Region wise, Europe dominated the global market and is likely to remain dominant during the forecast period.