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Global Vending Machine Food and Beverages Market| Growth Analysis and Forecast| Technavio

June 11, 2018

Technavio has published a new market research report on the global vending machine food and beverages market from 2018-2022. (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--Jun 11, 2018--The global vending machine food and beverages market is expected to grow at a CAGR of over 3% during the period 2018-2022, according to the latest market research report by .

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Technavio has published a new market research report on the global vending machine food and beverages market from 2018-2022. (Graphic: Business Wire)

A major factor driving the market’s growth is the increasing popularity of vending machines. The convenience factor offered by vending machines makes them popular among consumers. The number of vending machines in schools and offices is increasing and new vending machines are being installed due to the increasing popularity of vending machines. Japan has the highest number of vending machines per capita in the world.

This market research report on the provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio predicts an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the innovations in vending machines as one of the key emerging trends in the global vending machine food and beverages market:

Global vending machine food and beverages market trend: Innovations in vending machines

One of the positive trends that will influence the growth of food and beverages through vending machines include the innovation associated with optimizing vending machines. Players in the market are introducing innovative vending machine technology that allows cashless vending machines to accept payments that are made through credit cards, debit cards, and mobile payments.

“The ease of convenience offered by cashless payments will help accelerate the sales of food and beverage products through vending machines during the forecast period. The significant growth in near field technology is also responsible for the increasing popularity of cashless transactions through vending machines,” says a senior analyst at Technavio for research on food service.

Global vending machine food and beverages market: Segmentation analysis

This market research report segments the global vending machine food and beverages market into the following applications (beverages and food) and key regions (the Americas, APAC, and EMEA).

The beverages segment held the largest market share in 2017, accounting for more than 78% of the market. This application is expected to dominate the global market throughout the forecast period.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market sizing Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180611006144/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: ASIA PACIFIC JAPAN

INDUSTRY KEYWORD: OTHER CONSUMER RESTAURANT/BAR TEENS RETAIL FOOD/BEVERAGE OTHER RETAIL CONSUMER

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 06/11/2018 04:09 PM/DISC: 06/11/2018 04:08 PM

http://www.businesswire.com/news/home/20180611006144/en

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