Coffee Capsule Market Size, Key Drivers, Growth, Demand, Analysis: 2024-2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Coffee Capsule Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $21.53 billion In 2028 At A CAGR Of 9.0% :

The coffee capsule market size has grown rapidly in recent years. It will grow from $13.77 billion in 2023 to $15.24 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to retail and online distribution, market entry of nespresso, keurig's impact, patent expirations, variety of flavors and blends.

The coffee capsule market size is expected to see strong growth in the next few years. It will grow to $21.53 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The growth in the forecast period can be attributed to rising innovation in capsule design, expanding flavor profiles, sustainability initiatives, health and wellness trends, premiumization and luxury offerings. Major trends in the forecast period include innovation in capsule technology, convenience and portability, ethical sourcing and transparency, limited edition capsules, eco-friendly packaging.

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Coffee Capsule Market Major Segments
The coffee capsule market covered in this report is segmented -

1) By Product: Closed Source System, Open Source System
2) By Material: Conventional Plastic, Bio plastics, Fabric, Other Materials
3) By Application: Household, Commercial

Key Driver - Rising Popularity Of Instant Non-Alcoholic Coffee In Restaurant And Office Cafeteria Settings Drives Coffee Capsules Market Growth

The growing popularity of instant non-alcoholic beverages such as coffee in restaurants and office cafeterias propel the growth of the coffee capsules market. The coffee capsules reduce the time and effort required in preparing a cup of coffee when used in coffee machines in coffeehouses, office cafeterias. Increasing demand for non-alcoholic beverages among millennials, consumer awareness towards low sugar and non-alcoholic drinks, busy work schedules, and changing consumer taste are a few of the reasons that have been attributed to the rise in the popularity of instant non-alcoholic beverages such as coffee. For instance, in September 2022, according to a recent National Coffee Data Trends (NCDT) report published by National Coffee Association, a US-based consumer information, and lobbying association for the coffee industry, coffee has hit a new high among 18-24-year-olds, with 51% having consumed coffee in the previous day, breaking the previous high of 50% set in September 2020. Therefore, the increasing use of coffee machines in restaurants, office cafeterias to fulfil the increased demand for instant non-alcoholic beverages such as coffee, increases the demand for coffee capsules, thus increasing the growth of the coffee capsules market.

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Prominent Trend - Coffee Capsule Companies Turn To Biodegradable And Bioplastic Materials For Eco-Friendly Brewing

One of the latest trends for companies in the coffee capsules market is to use bioplastics and biodegradable materials for making coffee capsules. Companies in the coffee capsules market are investing in finding ways to use bioplastics and biodegradable materials for making capsules instead of using aluminum or plastic to hold the coffee extract. Capsules made from aluminum and plastic are non-biodegradable and harm the environment, thus pushing companies towards finding new innovative bio-degradable materials such as polypropylene, which can be shredded and recycled to be used to make coffee capsules. For instance, in December 2021, Zarraffa's Coffee, an Australia-based specialty coffee company, introduced 100% biodegradable and compostable Okapi coffee capsules. The entire capsule is comprised of plant components such as sugarcane and sugar beet.

Coffee Capsule Market Players
Major companies operating in the coffee capsule market report are Nestle Nespresso SA, Starbucks Corporation, Inspire Brands Inc., The Kraft Heinz Company, BSH Hausgeräte GmbH, Keurig Dr Pepper Inc., JDE Peet's N.V., The J.M. Smucker Company, Mattel Inc., Kiss me Organics LLC, Tim Hortons Inc., Luigi Lavazza SpA, Dunkin' Brands Group Inc., illycaffe S.p.A., Coffeeza Trading Private Limited, Caffitaly System S.p.A., Gloria Jean's Gourmet Coffees Corp., Vittoria Food & Beverage Pty Ltd., Fresh Brew Co., Dualit Limited, Georg MENSHEN GmbH & Co. KG, Acron Holdings Ltd., Belmoca NV, Mera SA, Bestpresso Inc., Gourmesso USA Inc., Aumeeka Ventures LLP, Coffee Nirvana Co., Halo Coffee Ltd., JAB Holding Company, Jacobs Douwe Egberts B.V., Maxingvest AG

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the coffee capsules market in 2023. Western Europe was the second-largest region of the global coffee capsules market share. The regions covered in the coffee capsule market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Coffee Capsule Market Report Structure
3. Coffee Capsule Market Trends And Strategies
4. Coffee Capsule Market - Macro Economic Scenario
5. Coffee Capsule Market Size And Growth
…..
27. Coffee Capsule Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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