Industry Analysis & Industry Trends
Companies in the Vending Machine Operators industry have found it difficult to absorb food price increases from manufacturers and wholesalers, resulting in lost earnings. Furthermore, consumer priorities have increasingly shifted toward value over convenience, pushing snack purchases away from vending machines toward lower-priced outlets such as supermarkets and coffee shops. In the next five years, operators will work to meet changing consumer preferences by offering a wider selection of products, including more healthy snacks, though industry revenue is expected to still rely heavily on soda and candy. As a result, consumers' increasing focus on healthy eating will likely keep industry growth from expanding too aggressively... purchase to read more
Industry Report - Industry Products Chapter
Traditionally dominating vending machine sales, consumers' appetite for candy, snacks and confections has waned. Developing tastes and preference for premium candy and chocolate has created a substitution effect for product demand. This segment, which represents 30.2% of industry revenue in 2015, also includes potato chips, cookies, crackers, nuts and other snacks.
Sales of fresh food are growing. Fresh food alone is expected to generate more than 10.0% of industry revenue by 2015. This segment includes the sale of meals, sandwiches, rolls, hot foods, fries, fruits, salads, pizzas, cakes, bakery products and pies. This increase is driven by greater demand for fresh, conveniently available food from vending machines... purchase to read more