PUBLISHER: Grand View Research | PRODUCT CODE: 1750742
PUBLISHER: Grand View Research | PRODUCT CODE: 1750742
U.S. Retail Vending Machine Market Size, Share & Trends Analysis Report By Product (Beverage Vending Machines, Snacks Vending Machines, Food Vending Machines), By Location (Manufacturing, Offices), By Payment Mode, And Segment Forecasts, 2025 - 2030
U.S. Retail Vending Machine Market Trends:
The U.S. retail vending machine market size was estimated at USD 15.03 billion in 2024 and is expected to grow at a CAGR of 3.1% from 2025 to 2030. Factors such as the increasing demand for convenient, on-the-go food and beverage options, technological advancements such as cashless payment systems and smart vending machines, and the growing trend of automation in retail are driving the market. Additionally, the rise in urbanization and busy lifestyles has fueled the need for quick and accessible shopping solutions. The integration of IoT and AI in vending machines has enhanced the user experience by offering personalized product recommendations and real-time inventory tracking.
The industry is experiencing significant growth, driven by the increasing penetration of automated retail solutions across diverse locations such as malls, airports, offices, and even residential complexes. Consumers are looking for quick, contactless shopping experiences, and vending machines provide a convenient way to purchase snacks, beverages, and even electronics without the need for human interaction. The expansion of unattended retail has been particularly fueled by the post-pandemic shift toward self-service technologies. For example, Amazon introduced Amazon Go smart vending machines, which leverage AI and computer vision to enable cashier-less transactions.
Technological innovations are another critical driver in the industry. The integration of AI, IoT, and cashless payment systems has enhanced the efficiency and appeal of vending machines. Smart vending machines can now track inventory in real-time, optimize restocking, and offer personalized product recommendations based on past purchases. Companies like Coca-Cola and PepsiCo have introduced touchscreen-enabled machines that allow customers to mix and customize their drinks. Similarly, smart vending units in universities and hospitals now dispense healthy snacks, PPE kits, and pharmaceuticals, expanding beyond traditional snack and beverage offerings.
The rise of healthy and premium vending options is reshaping the industry. With growing health consciousness, consumers are seeking organic, gluten-free, and protein-rich snacks, leading to an increase in vending machines offering nutritious alternatives. Brands like Farmer's Fridge and HelloGoodness (by PepsiCo) have installed vending machines stocked with salads, fresh wraps, and low-calorie beverages in workplaces and gyms. This shift reflects a broader trend where vending machines are no longer just for junk food but are becoming a part of the health and wellness movement in retail.
Another key factor driving the industry is the expansion of vending machines beyond food and beverage, into categories like electronics, cosmetics, and fashion accessories. Companies like Best Buy have introduced vending machines in airports that sell items like headphones, chargers, and tablets, catering to last-minute travelers. Similarly, beauty brands such as Benefit Cosmetics have installed vending machines in high-traffic areas to provide on-the-go beauty products. This diversification is enhancing customer engagement and driving higher revenue per vending unit.
The industry has evolved and steadily grown over the years. As consumers' lives get busier and people seek convenience and time-saving options while on the go, vending machine operators are presented with many opportunities. As consumer preferences shift toward health-conscious and organic products, vending machine operators have the opportunity to introduce healthier snack and beverage options. Machines offering protein bars, fresh juices, organic snacks, and meal replacements can cater to the rising demand for nutritional convenience. Additionally, vending machines selling gluten-free, keto, and plant-based foods can attract health-conscious consumers in urban areas, gyms, and workplaces, expanding the market potential for specialty vending.
The industry demonstrates robust growth and dominance, with over 7 million machines installed nationwide, serving approximately 100 million Americans daily. Key manufacturers are also driving market growth through continuous product innovations, introducing new flavors and formulations to meet changing consumer tastes. In July 2024, PizzaForno, North America's leading automated pizzeria, demonstrated a remarkable expansion in the first half of 2024, launching operations across multiple U.S. states, including Utah, California, Delaware, New York, Florida, and Maryland.
U.S. Retail Vending Machine Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the U.S. retail vending machine market report on the basis of product, payment mode, location, and country:
- Product Outlook (Revenue, USD Million, 2018 - 2030)
- Beverage Vending Machines
- Hot Beverage Vending Machines
- Cold Beverage Vending Machines
- Snacks Vending Machines
- Food Vending Machines
- Frozen Vending Machines
- Tobacco Vending Machines
- Games/Amusement Vending Machines
- Beauty & Personal Care Vending Machines
- Candy & Confectionery Vending Machines
- Pharmaceuticals Vending Machines
- Electronics Vending Machines
- Book & Magazine Vending Machines
- Location Outlook (Revenue, USD Million, 2018 - 2030)
- Manufacturing
- Offices
- Colleges & Universities
- Hospitals & Nursing Homes
- Restaurants, Bars & Clubs
- Public Places
- Others
- Payment Mode Outlook (Revenue, USD Million, 2018 - 2030)
- Cashless
- Cash
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Location Outlook
- 2.4. Payment Mode Outlook
- 2.5. Competitive Landscape Outlook
Chapter 3. U.S. Retail Vending Machine Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.1.1. U.S. Retail Vending Machine Market Size & Growth Rate, 2018 - 2030 (USD Million)
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Vending Machine Operator's Analysis
- 3.3.2. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunities
- 3.4.4. Market Challenges
- 3.5. Industry Analysis - Porter's Five Forces Analysis
- 3.6. Market Entry Strategies
Chapter 4. U.S. Retail Vending Machine Market: Consumer Behavior Analysis
- 4.1. Consumer Trends & Preferences
- 4.2. Factors Influencing Buying Behavior
- 4.3. Consumer Service Adoption Trends
- 4.4. Key Observations & Findings
Chapter 5. U.S. Retail Vending Machine Market: Product Estimates & Trend Analysis
- 5.1. U.S. Retail Vending Machine Market, by Product: Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2024 & 2030
- 5.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Million)
- 5.3.1. Beverage Vending Machines
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.1.2. Hot Beverage Vending Machines
- 5.3.1.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.1.3. Cold Beverage Vending Machines
- 5.3.1.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. Snacks Vending Machines
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.3. Food Vending Machines
- 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.4. Frozen Vending Machines
- 5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.5. Tobacco Vending Machines
- 5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.6. Games/Amusement Vending Machines
- 5.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.7. Beauty & Personal Care Vending Machines
- 5.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.8. Candy & Confectionery Vending Machines
- 5.3.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.9. Pharmaceuticals Vending Machines
- 5.3.9.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.10. Electronics Vending Machines
- 5.3.10.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.11. Book & Magazine Vending Machines
- 5.3.11.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.1. Beverage Vending Machines
Chapter 6. U.S. Retail Vending Machine Market: Location Estimates & Trend Analysis
- 6.1. U.S. Retail Vending Machine Market, by Location: Key Takeaways
- 6.2. Location Movement Analysis & Market Share, 2024 & 2030
- 6.3. Market Estimates & Forecasts, by Location, 2018 - 2030 (USD Million)
- 6.3.1. Manufacturing
- 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Offices
- 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.3. Colleges & Universities
- 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.4. Hospitals & Nursing Homes
- 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.5. Restaurants, Bars & Clubs
- 6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.6. Public Places
- 6.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.7. Others
- 6.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.1. Manufacturing
Chapter 7. U.S. Retail Vending Machine Market: Payment Mode Estimates & Trend Analysis
- 7.1. U.S. Retail Vending Machine Market: Payment Mode Outlook
- 7.2. Payment Mode Movement Analysis & Market Share, 2024 & 2030
- 7.3. Market Estimates & Forecasts, by Payment Mode, 2018 - 2030 (USD Million)
- 7.3.1. Cashless
- 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. Cash
- 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.1. Cashless
Chapter 8. Estimated Vending Machines and Type Analysis, 2023
- 8.1. Estimated Number of Vending Machines: (Units)
- 8.2. Estimated Share of Vending Machines by Type;, 2023 (Units and %)
- 8.2.1. U.S.
- 8.2.1.1. Beverages Vending Machines (Units and %)
- 8.2.1.2. Food & Snacks Vending Machines (Units and %)
- 8.2.1.3. Combined (Food/ Snacks & Beverages) Vending Machines (Units and %)
- 8.2.1.4. Tobacco Vending Machines (Units and %)
- 8.2.1.5. Games/Amusement Vending Machines (Units and %)
- 8.2.1.6. Beauty & Personal Care Vending Machines (Units and %)
- 8.2.1.7. Candy & Confectionery Vending Machines (Units and %)
- 8.2.1.8. Pharmaceuticals Vending Machines (Units and %)
- 8.2.1.9. Electronics Vending Machines (Units and %)
- 8.2.1.10. Book & Magazine Vending Machines (Units and %)
- 8.2.1. U.S.
Chapter 9. Competitive Analysis
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.4.1. Revenue
- 9.4.2. COGS
- 9.4.3. Gross Profit Margin (%)
- 9.4.4. EBIT/EBITDA
- 9.4.5. Regional Revenue Breakdown
- 9.4.6. Business Segment Revenue Breakdown (as per annual report)
- 9.5. Product Benchmarking
- 9.6. Company Market Share Analysis, 2024 (%)
- 9.7. Company Heat Map Analysis
- 9.8. Strategy Mapping
- 9.9. Company Profiles
- 9.9.1. Azkoyen Group
- 9.9.1.1. Company Overview
- 9.9.1.2. Financial Performance
- 9.9.1.3. Product Portfolios
- 9.9.1.4. Strategic Initiatives
- 9.9.2. U-Select-It (USI)
- 9.9.2.1. Company Overview
- 9.9.2.2. Financial Performance
- 9.9.2.3. Product Portfolios
- 9.9.2.4. Strategic Initiatives
- 9.9.3. Royal Vendors, Inc.
- 9.9.3.1. Company Overview
- 9.9.3.2. Financial Performance
- 9.9.3.3. Product Portfolios
- 9.9.3.4. Strategic Initiatives
- 9.9.4. Glory Ltd.
- 9.9.4.1. Company Overview
- 9.9.4.2. Financial Performance
- 9.9.4.3. Product Portfolios
- 9.9.4.4. Strategic Initiatives
- 9.9.5. Vending.com
- 9.9.5.1. Company Overview
- 9.9.5.2. Financial Performance
- 9.9.5.3. Product Portfolios
- 9.9.5.4. Strategic Initiatives
- 9.9.6. Seaga Manufacturing Inc.
- 9.9.6.1. Company Overview
- 9.9.6.2. Financial Performance
- 9.9.6.3. Product Portfolios
- 9.9.6.4. Strategic Initiatives
- 9.9.7. Orasesta S.p.A
- 9.9.7.1. Company Overview
- 9.9.7.2. Financial Performance
- 9.9.7.3. Product Portfolios
- 9.9.7.4. Strategic Initiatives
- 9.9.8. Incredivend
- 9.9.8.1. Company Overview
- 9.9.8.2. Financial Performance
- 9.9.8.3. Product Portfolios
- 9.9.8.4. Strategic Initiatives
- 9.9.9. Fuji Electric Co., Ltd.
- 9.9.9.1. Company Overview
- 9.9.9.2. Financial Performance
- 9.9.9.3. Product Portfolios
- 9.9.9.4. Strategic Initiatives
- 9.9.10. Automatic Merchandising Systems (AMS)
- 9.9.10.1. Company Overview
- 9.9.10.2. Financial Performance
- 9.9.10.3. Product Portfolios
- 9.9.10.4. Strategic Initiatives
- 9.9.11. Express Vending
- 9.9.11.1. Company Overview
- 9.9.11.2. Financial Performance
- 9.9.11.3. Product Portfolios
- 9.9.11.4. Strategic Initiatives
- 9.9.12. DGA Vending GmbH
- 9.9.12.1. Company Overview
- 9.9.12.2. Financial Performance
- 9.9.12.3. Product Portfolios
- 9.9.12.4. Strategic Initiatives
- 9.9.1. Azkoyen Group
List of Tables
- Table 1 U.S. retail vending machine market - Key market driver analysis
- Table 2 U.S. retail vending machine market - Key market restraint analysis
- Table 3 U.S. retail vending machine market estimates & forecast, by product (USD Million)
- Table 4 U.S. retail vending machine market estimates & forecast, by location (USD Million)
- Table 5 Recent developments & impact analysis by key market participants
- Table 6 Company market share, 2024
- Table 7 Company heat map analysis
- Table 8 Companies undergoing key strategies
List of Figures
- Fig. 1 Household Appliances market segmentation
- Fig. 2 Information procurement
- Fig. 3 Primary research pattern
- Fig. 4 Primary research approaches
- Fig. 5 Primary research process
- Fig. 6 Market snapshot
- Fig. 7 Product snapshot
- Fig. 8 Location snapshot
- Fig. 9 Payment Mode snapshot
- Fig. 10 Regional snapshot
- Fig. 11 Competitive landscape snapshot
- Fig. 12 US retail vending machine market size, 2018 to 2030 (USD Million)
- Fig. 13 US retail vending machine market: Penetration & growth prospect mapping
- Fig. 14 US retail vending machine market: Value chain analysis
- Fig. 15 US retail vending machine market: Profit margin analysis
- Fig. 16 US retail vending machine market: Market dynamics
- Fig. 17 US retail vending machine market: Porter's five forces analysis
- Fig. 18 US retail vending machine market, by product: Key Takeaways
- Fig. 19 US retail vending machine market: Product movement analysis, 2024 & 2030 (%)
- Fig. 20 Beverage Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 21 Hot Beverage Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 22 Cold Beverage Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 23 Snacks Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 24 Food Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 25 Frozen Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 26 Tobacco Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 27 Games/Amusement Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 28 Beauty & Personal Care Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 29 Candy & Confectionery Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 30 Pharmaceuticals Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 31 Electronics Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 32 Book & Magazine Vending Machines market estimates and forecast, 2018 - 2030 (USD Million)
- Fig. 33 US retail vending machine market, by location: Key Takeaways
- Fig. 34 US retail vending machine market: Location movement analysis, 2024 & 2030 (%)
- Fig. 35 US retail vending machine market estimates and forecasts in Manufacturing, 2018 - 2030 (USD Million)
- Fig. 36 US retail vending machine market estimates and forecasts in Offices, 2018 - 2030 (USD Million)
- Fig. 37 US retail vending machine market estimates and forecasts in Colleges & Universities, 2018 - 2030 (USD Million)
- Fig. 38 US retail vending machine market estimates and forecasts in Hospitals & Nursing Homes, 2018 - 2030 (USD Million)
- Fig. 39 US retail vending machine market estimates and forecasts in Restaurants, Bars & Clubs, 2018 - 2030 (USD Million)
- Fig. 40 US retail vending machine market estimates and forecasts in Public Places, 2018 - 2030 (USD Million)
- Fig. 41 US retail vending machine market estimates and forecasts in other locations, 2018 - 2030 (USD Million)
- Fig. 42 US retail vending machine market, by payment mode: Key Takeaways
- Fig. 43 US retail vending machine market: Payment mode movement analysis, 2024 & 2030 (%)
- Fig. 44 Cashless US retail vending machine market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 45 Cash retail vending machine market estimates and forecasts, 2018 - 2030 (USD Million)
- Fig. 46 US retail vending machine market: Regional outlook, 2024 & 2030 (USD Million)
- Fig. 47 Key company categorization
- Fig. 48 Company market share analysis, 2024
- Fig. 49 Strategic framework of the retail vending machine market
