According to the market report of Techsciresearch, the global vending machine market is anticipated to register a CAGR of close to 9% during the forecast period. 

The key factor responsible for the growth of global vending machine market includes surging demand for on-the-go snacks, drinks, etc., due to busy lifestyle of modern-day consumers. Moreover, other factors expected to drive the market growth over the coming years are that these machines provide goods at a faster rate, making it convenient for the consumers to acquire eatables coupled with flexibility, in terms of location and time as most of these machines remain operational 24x7.