ccording to the research report “Global Vending Machine Market Outlook, 2030” published by Bonafide Research, the global market is projected to reach market size of USD 34.63 Billion by 2030 increasing from USD 21.96 in 2024, growing with 8.06% CAGR by 2025-30.

Top Six Companies Global Vending Machine Market

Grupo Azkoyen: The Azkoyen Group is a multinational company with its headquarters in Navarre (Spain) specializing in the design, manufacture and sale of technological solutions for payment systems, vending machines, security systems and access control. With a legacy spanning over seven decades, the company has established itself as a leader in three primary business divisions Coffee & Vending Systems, Payment Technologies, and Time & Security. Grupo Azkoyen offers a diverse portfolio of vending machines designed to cater to various consumer needs across multiple sectors. Their product range encompasses machines for Hot Beverage Vending Machines, Cold Beverage and Snack Vending Machines and Tobacco Vending Machines. 

• Established: 1945

• Headquarters: Navarra, Spain 

• Employees: 500+

• Revenue: USD 201 Million

Fuji Electric Co., Ltd:  Fuji Electric Co Ltd (Fuji Electric) is a manufacturer of electrical products. It is primarily engaged in the development of power semiconductor and power electronics solutions. The company's main activities include the provision of renewable energy solutions, power stabilization, energy saving, and automation solutions, with a focus on achieving a decarbonized society. Major products and services include power generation systems, energy management systems, substation systems, automation systems, power semiconductors, and vending machines. Fuji Electric's products and services are utilized across various industries, including industrial, automotive, food and beverage distribution, and social infrastructure sectors. The company's offerings contribute to improved productivity, energy savings, and the stable operation of facilities. Fuji Electric Co., Ltd. is a prominent player in the vending machine industry, offering a wide range of innovative and energy-efficient solutions. The company specializes in vending machines for beverages, food, and other goods, catering to diverse markets such as convenience stores, supermarkets, and public spaces.

• Established: 1923

• Headquarters: Tokyo, Japan

• Employees: 27,325

• Revenue: USD 7,432 Million

Seaga Manufacturing, Inc.: Seaga Manufacturing, Inc., founded in 1987, headquartered in Freeport, Illinois, has been a prominent figure in the automatic merchandising industry for over three decades. Specializing in the design, engineering, and manufacturing of advanced vending technologies and intelligent inventory control solutions, Seaga serves a diverse range of markets, including food and beverage, industrial, water filtration, and healthcare sectors. Seaga Manufacturing, Inc. manufactures automatic vending machines. The Company offers drink, snacks, combo, e-cigarette, and custom product vending machines. Seaga Manuf    acturing serves customers worldwide. Seaga's extensive product portfolio includes industrial vending machines, snack and cold beverage dispensers, medical vending machines, change machines, visi-coolers, single-serve coffee machines, and customizable vending solutions.

• Established: 1987

• Headquarters: Illinois, United States

• Employees: 100+

• Revenue: Estimated USD 19 Million 

Sanden Corporation:  Sanden Corporation, formerly Sankyo Electric Co., Ltd., is a global company with a history rooted in vending machine manufacturing, now known for its expertise in commercial refrigeration and heating equipment, including vending machines, foodservice equipment, and micro-market solutions. Sanden Corporation is a globally recognized Japanese company specializing in the development, manufacturing, and distribution of Automotive Air Conditioning Systems, Vending Machines, and Various Refrigeration Equipment. Sanden Corporation has a strong global presence, with manufacturing plants, research and development centers, and sales offices in key markets across Asia, Europe, North America, and South America. 

• Established: 1943

• Headquarters: Gunma, Japan

• Employees: 5,587

• Revenue: USD 1,231 Million

The Wittern Group: The Wittern Group  provides a full range of products and services to meet your small or large vending needs including design, manufacturing, financing, national and international sales, re-manufacturing programs, parts, support services and more. The Wittern Group's global presence is supported by a robust distribution network that ensures timely delivery and exceptional customer service. The company's products are available in various regions, including North America, Europe, Asia, and the Middle East.

• Established: 1931

• Headquarters: Iowa, United States 

• Employees: 250+

• Revenue: Estimated USD 68.4 Million 

Jofemar Corporation: Jofemar SA designs vending machines and accessories. The Company manufactures cigarettes machines, telephony and payment systems, coin mechanisms, and telemetry software. Jofemar serves customers worldwide. Jofemar Corporation develops, produces and sells dispensing and automated sales solutions, payment systems, telemetry and management software for the vending market, among other business models. Jofemar Corporation is a family-owned business group based in Peralta (Navarra). On the solid basis of industrial manufacturing, the Group designs, manufactures and markets, through its various business units, a wide range of innovative technological solutions for vending machines, payment systems and telemetry (Jofemar); catering and HoReCa channel (Futura), as well as electric vehicles and battery packs.

• Established: 1971

• Headquarters: Peralta, Spain

• Employees: 300+

• Revenue: Estimated USD 8.2 Million