Companies Profiled in Coffee Capsules Market Are Nestle Nespresso, Lavazza, Gourmesso, Gloria Jean's Coffees, Bestpresso Coffee, Dunkin Brands, Starbucks Corporation, Kiss Me Organics, The Kraft Heinz Company, Keurig, Nespresso, Dolce Gusto
NEWARK, Del., April 28, 2022 /PRNewswire/ -- According to Future Market Insights (FMI), the global coffee capsules market is projected to surpass US$ 9.8 Bn by the end of 2032. Due to the growing demand for non-alcoholic drinks, coffee capsules are gaining widespread acceptance among consumers in recent years.
Coffee makers prefer coffee capsules due to their versatility, ease of use, and compatibility with a wide range of coffee goods and technology. Further, rising expenditure on nutritional and healthy products is improving the demand in the market.
Easy availability, convenience, brand experience, premium positioning, and the makers' ability to develop and supply new goods are some of the key factors propelling the demand in the market.
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Addition of capsules in cafes and increased disposable income could help the sector flourish. Furthermore, growing influence of western trends in Middle East and Asia Pacific will benefit the new entrants in the market.
The coffee capsules market is expected to rise due to technological advancements in coffee machines and availability of access to such machines to successfully use coffee capsules. Furthermore, growth of high-end, freshly brewed coffee shops, such as Starbucks, has piqued consumers' interest. The demand for coffee capsules has risen as a result.
Key Takeaways from Coffee Capsules Market
- The conventional plastic segment is expected to create an incremental $ opportunity of US$ 2.2 Bn during the projection period.
- By end use, the commercial segment is anticipated to accelerate with a CAGR of 4.6% during 2022-2032.
- During the projected period, Europe is estimated to rise significantly due to rising disposable income and inclusion of capsules in the cafes.
- India is expected to be the most lucrative market across South Asia over the assessment period.
"Rising consumption of coffee along with increasing demand for fast & effortless coffee solution among the cafes & restaurants are projected to augment the sales of coffee capsules. Also, the compatibility of coffee capsules with different machines is estimated to create growth opportunity for the coffee capsules manufacturers" -says an FMI Analyst
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Coffee Capsules Market Landscape
Nestle Nespresso, Starbucks Corporation, Lavazza, Gourmesso, Gloria Jean's Coffees are the key players operating in the coffee capsules market. Furthermore, Bestpresso Coffee, Kiss Me Organics, the Kraft Heinz Company, Dunkin Brands, and Keurig are also noticeable players in the coffee capsules market. Tier 1 players in the market are expected to hold 25-30% of the global coffee capsules market.
Coffee Capsules Market by Category
By Material:
- Plastic
- Bio Plastics
- Others (Fabric, etc.)
By End Use:
- Commercial
- Household
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa
- East Asia
- South Asia
- Oceania
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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