North America Retail Vending Machine Market To Reach $21.02 Billion By 2033

North America Retail Vending Machine Market Growth & Trends

The North America retail vending machine market size is estimated to reach USD 21.02 billion by 2033, registering a CAGR of 3.3% from 2025 to 2033, according to a new report by Grand View Research, Inc. Unattended retail channels are a brand-new way for merchants to increase revenue and attract more clients. Customers can choose from a variety of payment methods with these options, which also offer a simple, quick, and practical buying experience. Since the COVID-19 outbreak, unattended retail outlets like vending machines have become more popular. Customers favor vending machine transactions that avoid physical contact with other people because they are contactless. When vending machines are frequently cleaned and maintained, customers feel comfortable and clean when making purchases. Additionally, vending machines are essentially fully automated stores where goods are placed into a machine and are typically open around the clock.

In retail settings, there are two separate audiences for food vending machines. Customers are the first group to enter the store. A vending machine beside the entryway could boost foot traffic and encourage people to make impulsive purchases. The second target market is the workforce. Every shift, retail workers frequently take one or two ten-minute breaks in addition to a brief mealtime break. Employees typically choose vending machines that offer affordable food alternatives before returning to work because they have little to no time to attend a restaurant during their breaks.

To provide workers with a simple, quick, and economical option to purchase food, beverages, and other necessities, vending machines are installed at workplaces and industrial facilities. This guarantees that workers may quickly obtain the things they need for their everyday tasks without having to leave the building or rely on outside sources. Retail firms that operate physical stores, such as apparel or electronics boutiques, may use retail vending machines to supplement their offerings. Even when the main store is closed or during the busiest shopping times, these machines let people explore and buy things thus driving the segment’s growth.

The U.S. accounted for a significant share of the market in 2024. Vending machines are a reliable source of food for both consumers in the nation and travelers during layovers, delays, or late-night flights. Some machines allow for personalization, letting user’s select particular components or toppings by their preferences. They have the choice of ordering sandwiches, salads, snacks, hot and cold drinks, or even healthier options. Even during odd hours when room service or the hotel restaurant may not be open, vending machines at hotels give customers access to food and beverages all day long.

Major market players adopt various strategies such as partnerships, mergers & acquisitions, global expansion, and others to gain greater market share.

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North America Retail Vending Machine Market Report Highlights

• By product, the frozen segment is expected to grow at the fastest CAGR of 3.4% from 2025 to 2033, due to rising demand for on-the-go frozen snacks and meals in North American workplaces, universities, and transit hubs.

• By location, the manufacturing segment led the market with the largest revenue share of 35.91% in 2024, driven by the need to provide employees with convenient access to snacks, beverages, PPE, and tools during long shifts or across large plant floors.

• By mode of payment, the cashless segment led the market with the largest revenue share of 74.86% in 2024, driven by the widespread adoption of mobile payments, contactless cards, and app-based transactions.

North America Retail Vending Machine Market Segmentation

Grand View Research has segmented the North America retail vending machine market based on product, location, mode of payment, and country:

North America Retail Vending Machine Product Outlook (Revenue, USD Million, 2021 - 2033)

• Beverages Vending Machines

  • Hot Beverage Vending Machines

  • Cold Beverage Vending Machines

• Snack 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

North America Retail Vending Machine Location Outlook (Revenue, USD Million, 2021 - 2033)

• Manufacturing

• Offices

• Colleges & Universities

• Hospitals & Nursing Homes

• Restaurants, Bars & Clubs

• Public Places

• Others

North America Retail Vending Machine Mode of Payment Outlook (Revenue, USD Million, 2021 - 2033)

• Cash

• Cashless

North America Retail Vending Machine Country Outlook (Revenue, USD Million, 2021 - 2033)

• Cash

• Cashless

List of Key Players in the North America Retail Vending Machine Market

• Coca-Cola

• PepsiCo

• Farmer’s Fridge

• HealthyYOU Vending

• Vengo Labs

• Canteen (Compass Group)

• 365 Retail Markets

• Crane Merchandising Systems

• Fastcorp

• Automated Merchandising Systems (AMS)