A coffee vending machine project is a system in which vending machines are installed in various locations, such as airports, stations, shopping malls, and other locations. These machines are equipped with the necessary components to make coffee and serve it to customers quickly and easily.
Coffee vending machines are easy to use, allowing customers to select their preferred coffee type, quantity, taste, and strength, all with the touch of a button.
The project is considered a profitable investment opportunity due to the high demand for coffee as a consumer product, in addition to saving a lot of expenses. such as: Labor costs, rent, raw materials, and other expenses associated with running a traditional coffee shop.
In 2020, global coffee industry revenues reached US$344.22 billion, and revenues are expected to reach US$433.70 billion by the end of 2022. The market is expected to grow at a CAGR of 4.47% (2023-2025 CAGR), reaching US$540.80 billion by the end of this period.
In 2023, the coffee sector revenue reached approximately USD 1.94 billion and the market is expected to grow annually at a rate of 4.58% (CAGR 2023-2025).
The coffee market size in Qatar will reach 17.17 million kg by 2025.
_ The average per capita consumption in the coffee sector is 5.39 kg.
