Los Angeles, October 25, 2019 – QY Research recently published a report titled, “Global Cold Brew Coffee Makers Market Insights, Forecast to 2026”. The report provides a brief overview of market based on companies, products, end users, and key regions. Coffee is a popular drink and an indispensable part of daily routine for many. In recent years, cold brew coffee makers have gained popularity as they are time-saving as compared to making regular hot brews.
In 2018, the global cold brew coffee makers market size was valued at around US$2 bn, and it is expected to reach more than US$28 bn in 2026, rising at CAGR of more than 30% between 2019 and 2026.
Increasing Number of Offices to Drive Global Cold Brew Coffee Makers Market
Increasing investment in research and development in coffee brewing techniques has led to launch of cold brew coffee makers. These use little to no energy and can be brewed overnight or instantly for the perfect coffee decoction. The convenience and ease of brewing various intensities of coffees with a wide range of brews has augmented the demand for cold brew coffee makers. These have gained momentum in cities spaces, where coffee shops chains have been an integral part of urban fabric.
Introduction of new flavors by coffee shop chains has encouraged non-coffee drinkers to experiment with tastes as well. Furthermore, the global cold brew coffee maker market is also being driven by Wi-Fi and Bluetooth enabled makers that simplify the brewing task. These smart cold brew coffee makers can be controlled from anywhere through commands via smartphones. Hence, increasing preference for cold brew coffee makers over hot brew coffee makers to boost the global cold brew coffee makers market.
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Chain Café Segment to Dominate Global Cold Brew Coffee Makers Market
The global cold brew coffee makers market is segment by type and applications. The various types of global cold brew coffee makers market are <1 liter, 1-2 liters, >2 liters. The application segment includes chain café, ordinary café restaurant, and home and office. The chain café segment is expected to hold lion’s share in the global market as these makers will offer a critical help to the overall functioning. It many ways it will bring down the cost of labor and help in standardizing the taste and flavor of cold brews.
Asia Pacific to Lead Global Cold Brew Coffee Makers Market
Asia Pacific to dominate the global cold brew coffee makers market owing to the increasing number of offices in the region. Emerging economies of India and China are expected to boost the demand for these in the near future. North America is expected to contribute significantly to the market share due to existing coffee culture and major manufacturers in the region. Other regions like Europe, Southeast Asia, South America, and the Middle East and Africa are also covered in the report.
Manufacture to Integrate Technology with Technique in Cold Brew Coffee Makers
OXO, of the largest manufacturer, in the market launched Barista Brain 9-Cup Coffee Brewer. The coffee brewer small LED display and dial/button suitable to quickly start the brewing process. It contains silicone mixing tube to blend the coffee and can be operated by timing the drip brewer. By integrating technology and technique OXO is expecting to appeal to wider customers from different demographic and enhance its strategies against competitors.
Other manufacturers in the global cold brew coffee makers market Hario, Takeya, German Pool, Coffee Gator, SharkNinja, Toddy, OXO, County Line, Dash, KitchenAid, Primula, Cuisinart, Filtron Secura, and Asobu.
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