Market Overview:
The global snack and food vending machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for healthy snacks and food items, rising number of working women, and growing penetration of vending machines in developing countries. The global snack and food vending machines market can be segmented on the basis of type into prepared food, hot beverages, cold beverages, and others (including candy bars, chips etc.). The prepared food segment is expected to account for the largest share in terms of revenue in 2018. This can be attributed to the increasing demand for ready-to-eat meals due to hectic lifestyles. The cold beverage segment is projected to grow at the highest CAGR during the forecast period owing to its growing popularity among consumers across all regions.
Product Definition:
A vending machine is a machine that dispenses items such as snacks, beverages, cigarettes, and lottery tickets after money or a credit card is inserted into the machine.
Prepared Food:
Prepared food is the fastest growing category in the global snack and food vending machines market. The growth of this category can be attributed to factors such as rising disposable income, changing lifestyles, increasing health concerns among consumers and a surge in demand for convenience foods.
The prepared foods industry has been witnessing significant changes over the past few years owing to various technological advancements that have enhanced product quality along with reducing preparation time. These aforementioned factors are expected to drive market growth over the forecast period.
Hot Beverages:
Hot beverages are drinks that are preheated and dispensed into a machine by the hot water dispensing mechanism. The most common type of hot beverage is coffee, tea, and cocoa. These beverages can be offered in various flavors to enhance customer appeal. They also help reduce energy consumption as they keep the machines warm during cold periods which reduces the need for heating equipment or fuelwood for long duration power outages caused due to extreme weather conditions.
Application Insights:
The public transport hub application segment led the global snack and food vending machines market in 2017. This was attributed to the growing number of passengers using various modes of public transport such as buses, metros, and trams. The increasing passenger traffic on a daily basis has resulted in building more stands at bus stands, railway stations, metro stations, and tram stops across the globe. As a result, this application is expected to continue being dominant over the forecast period owing to its high usage rate globally.
The shopping mall application segment is also anticipated to witness significant growth over the forecast period due to its rising popularity among consumers globally as an entertainment destination with various eateries serving affordable food options for all age groups including children and elderly people living alone or with families. Moreover., shopping malls are developing their own brands by investing in new product development along with associated marketing campaigns through TV ads & radio spots which will drive demand further for snack foods from these complexes worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness among consumers regarding health and nutritional benefits of vending machines, along with rising adoption by public transport hubs and offices. Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing disposable income levels, growing population, and expanding application scope in countries such as China, Japan, South Korea & India among others are expected drive demand for these machines during this period.
Growth Factors:
- Increasing demand for healthy snacks and food items from the health-conscious population
- Growing number of working women and their need for on-the-go snacks and food items
- Proliferation of vending machines in educational institutions, offices, and other public places
- Rising popularity of automated retail solutions among small business owners
- Technological advancements that enable vending machines to offer a wider variety of products
Scope Of The Report
Report Attributes
Report Details
Report Title
Snack and Food Vending Machines Market Research Report
By Type
Prepared Food, Hot Beverages, Cold Beverages
By Application
Public Transport Hubs, Hospital, School, Shopping Mall, Office Building, Others
By Companies
Express Vending, Rheavendors Group, Bianchi Vending Group, Coffetek, EVOCA, Nuova Simonelli, Jofemar, Crane Merchandising Systems, Azkoyen Group, Tameside Vending, Express Vending, Lavazza, FAS International, Saeco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Snack and Food Vending Machines Market Report Segments:
The global Snack and Food Vending Machines market is segmented on the basis of:
Types
Prepared Food, Hot Beverages, Cold Beverages
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Public Transport Hubs, Hospital, School, Shopping Mall, Office Building, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Express Vending
- Rheavendors Group
- Bianchi Vending Group
- Coffetek
- EVOCA
- Nuova Simonelli
- Jofemar
- Crane Merchandising Systems
- Azkoyen Group
- Tameside Vending
- Express Vending
- Lavazza
- FAS International
- Saeco
Highlights of The Snack and Food Vending Machines Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Prepared Food
- Hot Beverages
- Cold Beverages
- By Application:
- Public Transport Hubs
- Hospital
- School
- Shopping Mall
- Office Building
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Snack and Food Vending Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Snack and food vending machines are devices that dispense pre-packaged snacks and meals. They are typically found in places such as schools, airports, and other public areas.
Some of the major companies in the snack and food vending machines market are Express Vending, Rheavendors Group, Bianchi Vending Group, Coffetek, EVOCA, Nuova Simonelli, Jofemar, Crane Merchandising Systems, Azkoyen Group, Tameside Vending, Express Vending, Lavazza, FAS International, Saeco.
The snack and food vending machines market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Snack and Food Vending Machines Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Snack and Food Vending Machines Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Snack and Food Vending Machines Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Snack and Food Vending Machines Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Snack and Food Vending Machines Market Size & Forecast, 2018-2028
4.5.1 Snack and Food Vending Machines Market Size and Y-o-Y Growth
4.5.2 Snack and Food Vending Machines Market Absolute $ Opportunity
Chapter 5 Global Snack and Food Vending Machines Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Snack and Food Vending Machines Market Size Forecast by Type
5.2.1 Prepared Food
5.2.2 Hot Beverages
5.2.3 Cold Beverages
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Snack and Food Vending Machines Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Snack and Food Vending Machines Market Size Forecast by Applications
6.2.1 Public Transport Hubs
6.2.2 Hospital
6.2.3 School
6.2.4 Shopping Mall
6.2.5 Office Building
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Snack and Food Vending Machines Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Snack and Food Vending Machines Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Snack and Food Vending Machines Analysis and Forecast
9.1 Introduction
9.2 North America Snack and Food Vending Machines Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Snack and Food Vending Machines Market Size Forecast by Type
9.6.1 Prepared Food
9.6.2 Hot Beverages
9.6.3 Cold Beverages
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Snack and Food Vending Machines Market Size Forecast by Applications
9.10.1 Public Transport Hubs
9.10.2 Hospital
9.10.3 School
9.10.4 Shopping Mall
9.10.5 Office Building
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Snack and Food Vending Machines Analysis and Forecast
10.1 Introduction
10.2 Europe Snack and Food Vending Machines Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Snack and Food Vending Machines Market Size Forecast by Type
10.6.1 Prepared Food
10.6.2 Hot Beverages
10.6.3 Cold Beverages
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Snack and Food Vending Machines Market Size Forecast by Applications
10.10.1 Public Transport Hubs
10.10.2 Hospital
10.10.3 School
10.10.4 Shopping Mall
10.10.5 Office Building
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Snack and Food Vending Machines Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Snack and Food Vending Machines Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Snack and Food Vending Machines Market Size Forecast by Type
11.6.1 Prepared Food
11.6.2 Hot Beverages
11.6.3 Cold Beverages
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Snack and Food Vending Machines Market Size Forecast by Applications
11.10.1 Public Transport Hubs
11.10.2 Hospital
11.10.3 School
11.10.4 Shopping Mall
11.10.5 Office Building
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Snack and Food Vending Machines Analysis and Forecast
12.1 Introduction
12.2 Latin America Snack and Food Vending Machines Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Snack and Food Vending Machines Market Size Forecast by Type
12.6.1 Prepared Food
12.6.2 Hot Beverages
12.6.3 Cold Beverages
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Snack and Food Vending Machines Market Size Forecast by Applications
12.10.1 Public Transport Hubs
12.10.2 Hospital
12.10.3 School
12.10.4 Shopping Mall
12.10.5 Office Building
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Snack and Food Vending Machines Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Snack and Food Vending Machines Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Snack and Food Vending Machines Market Size Forecast by Type
13.6.1 Prepared Food
13.6.2 Hot Beverages
13.6.3 Cold Beverages
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Snack and Food Vending Machines Market Size Forecast by Applications
13.10.1 Public Transport Hubs
13.10.2 Hospital
13.10.3 School
13.10.4 Shopping Mall
13.10.5 Office Building
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Snack and Food Vending Machines Market: Competitive Dashboard
14.2 Global Snack and Food Vending Machines Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Express Vending
14.3.2 Rheavendors Group
14.3.3 Bianchi Vending Group
14.3.4 Coffetek
14.3.5 EVOCA
14.3.6 Nuova Simonelli
14.3.7 Jofemar
14.3.8 Crane Merchandising Systems
14.3.9 Azkoyen Group
14.3.10 Tameside Vending
14.3.11 Express Vending
14.3.12 Lavazza
14.3.13 FAS International
14.3.14 Saeco
