A coffee vending machine is an interesting idea for providing a quick and convenient cup of coffee without having to interact with others. This type of machine is gaining popularity due to its ease of use and availability in a variety of locations. The machines operate by storing pre-prepared quantities of ground and ready-to-drink coffee in designated containers. Users can purchase a cup of coffee from these machines by inserting cash or using a credit card. Undoubtedly, a coffee vending machine project is profitable and economically feasible given the high demand for coffee as a consumer product and the low costs associated with running a traditional coffee shop, such as labor, rent, and raw materials.
In 2020. Global coffee industry revenues reached USD 344.22 billion, rising to USD 433.70 billion by the end of 2022. The market is expected to grow at a CAGR of 4.47% (2023-2025) annually, reaching USD 540.80 billion by the end of this period.
The global coffee market size is expected to reach 7.78 billion kg by 2025.
_ in 2023. The coffee sector revenue in Saudi Arabia reached US$2.42 billion and the market is expected to grow annually at a rate of 7.35% (CAGR 2023-2025).
By 2025, the market size is expected to reach 51.12 million kg.
