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,
Published Date: May - 2025 | Publisher: MIR | No of Pages: 240 | Industry: consumer and goods | Format: Report available in PDF / Excel Format
View Details Buy Now 2999 Download Sample Ask for Discount Request CustomizationU.S. Retail Vending Machine Market Trends
The size of the U.S. retail vending machine market was estimated at USD 15.03 billion in 2024 and is anticipated to grow at a CAGR of 3.1% during 2025-2035. The growth is being aided by factors such as the growing demand for convenient, on-the-go food and beverage products, tech advancements like cashless payment facilities and intelligent vending machines, and the emerging trend towards automation in retail. Furthermore, increased urbanization and hectic lifestyles have driven demand for convenient and instant shopping solutions. The convergence of IoT and AI in vending machines has also improved the consumer experience by providing targeted product suggestions and real-time inventory management.
The industry is witnessing fast-paced growth, driven by the increasing penetration of automated retail solutions across various locations such as malls, airports, offices, and even homes. Customers desire instant, touchless purchasing, and vending machines provide an opportunity to purchase snacks, beverages, and even electronic devices without the need to deal with human interaction. Expansion in unmanned retailing has been propelled strongly by post-pandemic tendencies toward embracing self-service technology. For example, Amazon introduced intelligent vending machines in its Amazon Go locations, leveraging artificial intelligence and computer vision to fuel cashier-less purchasing.
Technology is the other driving force behind the business. The convergence of AI, IoT, and cashless payments has made vending machine efficiency and appeal better. Intelligent vending machines now have the capability to track inventory in real-time, optimize the restocking cycle, and suggest products based on historical purchase behavior. Large companies such as Coca-Cola and PepsiCo have introduced touchscreen machines where consumers can mix and customize their drinks. Similarly, intelligent vending machines in colleges and hospitals now dispense healthy food, PPE kits, and medicines beyond the conventional snack and drink category.
Healthy and premium vending is revolutionizing the market. With rising health consciousness, customers are searching for organic, gluten-free, and protein-rich snacks, and hence vending machines with healthy options are gaining momentum. Operators like HelloGoodness (which is a division of PepsiCo) and Farmer's Fridge have installed vending machines stocked with salads, fresh wraps, and low-calorie beverages at offices and gyms. This shift represents a wider trend where vending machines are no longer just for garbage food but are becoming part of the health and wellness revolution in retail.
A second major driving force behind the industry is the growth of vending machines beyond food and beverage into other categories such as electronics, cosmetics, and fashion accessories. Firms such as Best Buy have brought vending machines to airports where they sell products such as headphones, chargers, and tablets to last-minute shoppers. Even beauty companies like Benefit Cosmetics have placed vending machines in areas of high traffic to offer convenience beauty products on the go. This diversification is increasing customer interaction and generating more revenue per vending unit.
The industry has changed and increased consistently over time. As people's lives become more hectic and individuals look for convenience and time-saving solutions on the go, vending machine operators are offered numerous opportunities. As consumer tastes turn toward health-oriented and organic foods, vending machine operators can capitalize on the opportunity to bring healthier snack and beverage choices. Machines that dispense protein bars, fresh juice, organic snacks, and meal replacements can meet the growing demand for nutritional convenience. Also, vending machines offering gluten-free, keto, and plant-based products can entice health-aware consumers in cities, gyms, and offices, broadening the market potential for specialty vending.
The sector exhibits strong growth and dominance, with more than 7 million machines installed across the country, serving around 100 million Americans every day. Major manufacturers are also fueling market growth through ongoing product innovations, adding new flavors and formulations to address evolving consumer preferences. In July 2024, PizzaForno, North America's top automated pizzeria, exhibited a strong expansion in the first half of 2024, opening operations in several U.S. states, including Utah, California, Delaware, New York, Florida, and Maryland.
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- Competitive benchmarking
- Historical data & forecasts
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- Latest trends & dynamics
Product Insights
Drink retail vending machines held the highest market share of 38.08% in 2024 due to the increasing consumer demand for convenient, on-the-go beverage options and technological innovation in vending machines. The rise in demand for healthier drinks like cold-pressed juices, functional beverages, and specialty coffee has pushed vending machine products beyond soft drinks. Companies are also using vending machines as a low-cost, 24/7 retailing solution, further driving the market.
Technological innovations are driving the growth of the beverage vending machine market. Intelligent vending machines with AI, IoT, and mobile payment capabilities improve the shopping experience by enabling consumers to make payments through contactless cards, QR codes, and mobile wallets, lessening dependence on cash payments.
The retail vending machine market for snacks is predicted to expand at a CAGR of 3.0% between 2025 and 2035. The growing appetite for convenient and quick food that supports the active lifestyle of consumers today makes vending machines a competitive outlet to physical retail. Vending machines become an important channel of distribution with growing consumption of snacks, especially in high-foot-traffic settings like offices, schools, hospitals, and mass transit stations. The growth of vending machines into new settings, coupled with the inclusion of intelligent vending technologies, continues to fuel market expansion.
Location Insights
Retail vending machines in the manufacturing segment held the greatest market share of 35.80% in 2024, due to the increasing demand to increase workplace efficiency and the convenience of employees. The machines give rapid access to food, drinks, and necessary items like tools and PPE, allowing for less downtime and higher productivity. The implementation of Industry 4.0 and digitalization further validates the growth of vending machines in manufacturing by increasing automation and supply chain management optimization in industrial environments. With both necessary work supplies and convenient meal solutions, vending machines aid in an improved workforce efficiency while providing hassle-free inventory management.
Public retail vending machines are expected to expand at a CAGR of 4.3% during 2025-2030. Those with heavy foot traffic like train stations, airports, malls, and parks gain from such machines by allowing fast, cashless purchases and minimizing dependence on manned retail stores. The growing consumer demand for healthier food has also shaped vending machine products. Increasingly, they carry organic snacks, low-calorie drinks, and healthy meal options. This phenomenon is especially notable in schools, hospitals, and gyms, where vending machines are being introduced to offer healthier options, in response to growing demand for well-being-oriented products.
Payment Mode Insights
Cashless retail vending machines dominated the highest proportion of 75.00% in 2024, indicating consumers' increasing trend toward going cashless. Vending machine vendors are responding by incorporating mobile payments, credit/debit card readers, and QR code payment facilities, fueled by rising usage of smartphones, mobile wallets, and tap-to-pay cards. The main benefit of cashless payments is in terms of convenience, as it does away with the need to use physical cash, allowing quick and convenient transactions. Customers are no longer required to carry specific change or spend time handling money, and as such, more convenient and time-saving cashless vending machines can be used. Cantaloupe's 2023 Micropayment Trends Report surveyed data from about 675,000 active card readers on food and drink vending machines in the U.S. and Canada during January to December 2022. The results indicated that EMV payments led the major contributors of contactless sales, making up more than 52% of total contactless transactions towards the close of the year. The report indicates that the growth is indicative of a wider trend of vending operators replacing their machines with a safer and more efficient credit card payment experience.
The cash segment is expected to register a CAGR of 1.4% during the period 2025-2030. Although digital payments are on the rise, cash payments continue to hold importance in some regions owing to sustained use of physical currency. Second, security and privacy issues motivate a few consumers to use cash instead, since using cash circumvents digital monitoring, identity theft opportunity, and other cyber scams. In contrast with electronic payments, cash payments lack a digital footprint, which implies more privacy—an essential aspect where financial surveillance becomes an issue in certain areas.
Key U.S. Retail Vending Machine Company Insights
Key players operating in the U.S. retail vending machine market are undertaking various initiatives to strengthen their presence and increase the reach of their products and services. Strategies such as expansion activities and partnerships are key in propelling the market growth.
Key U.S. Retail Vending Machine Companies
- Azkoyen Group
- U-Select-It (USI)
- Royal Vendors, Inc.
- Glory Ltd.
- Vending.com
- Seaga Manufacturing Inc.
- Orasesta S.p.A
- Incredivend
- Fuji Electric Co., Ltd.
- Automatic Merchandising Systems (AMS)
- Express Vending
- DGA Vending GmbH
Recent Developments
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In December 2024, Cantaloupe, a self-service commerce technology company, introduced smart stores as a cutting-edge alternative to conventional vending machines. These 24/7 self-service options are targeted at retailers, residential complexes, gyms, and hotel pantries. The system works through a straightforward process where customers pay at the POS to unlock the unit, pick products, and finalize their purchase by pressing "Pay.".
Thundercomm introduced its Smart Vending Machine Solution in January 2023 at CES 2023 to enrich the consumer experience and operational efficiency for vending machine operators. Powered by dynamic vision technology, the solution is capable of clearly identifying purchased goods, making the purchase process easier for consumers. It also enables dynamic SKU updates, lessening the amount of retraining required and facilitating the launch of new products, lowering operating expenses and optimizing the use of container space in the end.
Better Fresh Farms launched an innovative salad vending machine in Cool Beanz Espresso Bar, Statesboro, Georgia, in September 2024, featuring fresh salads that were hydroponically cultivated at a price of USD 8.99 per large portion. The vending machine provides multiple salad options along with protein additions and employs locally cultivated fresh greens.
U.S. Retail Vending Machine Market Report Scope
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Report Attribute |
Details |
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Market size value in 2025 |
USD 15.45 billion |
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Revenue forecast in 2030 |
USD 17.99 billion |
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Growth rate (revenue) |
CAGR of 3.1% from 2025 to 2035 |
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Actuals data |
2018 - 2024 |
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Forecast period |
2025 - 2035 |
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Quantitative units |
Revenue in USD million/billion, and CAGR from 2025 to 2035 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Product, location, payment mode, country |
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Country scope |
U.S. |
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Key companies profiled |
Azkoyen Group; U-Select-It (USI); Royal Vendors, Inc.; Glory Ltd.; Vending.com; Seaga Manufacturing Inc.; Orasesta S.p.A; Incredivend; Fuji Electric Co., Ltd.; Automatic Merchandising Systems (AMS); Express Vending; DGA Vending GmbH |
|
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
U.S. Retail Vending Machine Market Report Segmentation
Product Outlook (Revenue, USD Million, 2018 - 2035)
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Beverage Vending Machines
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Hot Beverage Vending Machines
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Cold Beverage Vending Machines
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Snacks Vending Machines
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Food Vending Machines
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Frozen Vending Machines
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Tobacco Vending Machines
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Games/Amusement Vending Machines
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Beauty & Personal Care Vending Machines
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Candy & Confectionery Vending Machines
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Pharmaceuticals Vending Machines
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Electronics Vending Machines
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Book & Magazine Vending Machines
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Location Outlook (Revenue, USD Million, 2018 - 2035)
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Manufacturing
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Offices
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Colleges & Universities
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Hospitals & Nursing Homes
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Restaurants, Bars & Clubs
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Public Places
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Others
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Payment Mode Outlook (Revenue, USD Million, 2018 - 2035)
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Cashless
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Cash
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