Coffee Capsules Market Expected to reach USD 11.2 Billion by 2031 | Anticipating a CAGR of 7.6% | IMIR

Market Overview:
According to a new report by IMIR Market Research on the market for Coffee Capsules was valued at approximately USD 6.34 Billion in 2023. Over the course of the forecast period (2024-2031), the market is expected to develop at a compound annual growth rate (CAGR) of 7.6%, reaching a value of USD 11.2 Billion by 2031.

Coffee Capsules Market Size, Share & Trends Analysis Report By Material (Aluminium, Compostable, PBT Plastic), By Application (Residential, Commercial), By Distribution Channel (Hypermarkets and Supermarkets, Specialty Stores, E-Commerce, Others) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast Till 2031.

Coffee Capsules Market Players Analysis:
• Nestle Nespresso SA
• Gourmesso Coffee
• Blue Tokai Coffee
• Keurig Green Mountain, Inc.
• Gloria Jeans
• DD IP Holder LLC
• com
• Starbucks Corporation
• illycaffè S.p.A.
• Coffeeza
• The Kraft Heinz Company
• Dualit Limited
• JACOBS DOUWE EGBERTS
• RAVE COFFEE
• Artisan Coffee Co.
• LUIGI LAVAZZA SPA
• Melitta
• The Folger Coffee Company
• Keurig Dr Pepper Inc.
• Caffè d'Italia

Key Industry Developments:
In June 2022, Gourmet coffee company Coffeeza has introduced a new line of recyclable aluminum coffee capsules. To prepare espresso, cappuccino, and latte, insert these coffee capsules into a suitable coffee maker.
In October 2022, Starbucks Corporation sold Seattle's Best Coffee to Nestle S.A. Through this acquisition, its product line will grow even more and its position in the North American market will increase.

Rising health concerns & consumer interest in eating on-the-go are predicted to drive up demand for coffee capsules. The market is expected to see significant expansion due to the continuous trend of natural and organic eating, as well as the expanding innovations in flavourings & textures of products. India is the world's sixth-largest producer and fifth-largest exporter of coffee, according to the Indian Brand Equity Foundation (IBEF). It is anticipated that the market for coffee capsules will see growth due to rising coffee consumption.

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Coffee makers are broadening their product offerings to suit local tastes and tailoring their packaging to appeal to local consumers as a result of the enormous local demand for coffee. Therefore, it is anticipated that this will positively impact the market for coffee capsules to grow.

The younger generation is driving the increase in coffee drinking outside of homes. It is anticipated that the growing middle class, urbanization, and rising incomes will increase demand for coffee makers.
The report enhances the decision making capabilities and helps to create an effective counter strategies to gain competitive advantage.

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Market Drivers-
Increasing Preference for Specialty Coffee
The market for coffee capsules is mostly driven by the growing demand for gourmet coffee. A growing number of customers are searching for specialty coffee experiences that provide distinctive flavor profiles as well as features of origin. With the convenience of coffee capsules, customers may enjoy a wide range of specialty coffee tastes and blends in the comfort of their own homes or offices. The capsules give customers a gourmet coffee experience without requiring expensive equipment or barista skills because they frequently contain premium coffee that is sourced from certain regions or single-origin estates. Due to consumers' increasing discerning tastes in coffee, the market for coffee capsules is growing due to the availability of specialty coffee capsules.
Geographically, this report split global into several key Regions, revenue (Million USD) The geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) focusing on key countries in each region. It also covers market drivers, restraints, opportunities, challenges, and key issues in Global Post-Consumer Coffee Capsules Market.

Market Restraining Factors-
Environmental Concerns and Plastic Waste
The market for coffee capsules is one area where environmental concern over plastic waste is expanding. A growing amount of plastic pollution and environmental harm are caused by the non-biodegradable polymers used in conventional coffee capsules. Customers are become more aware of the environmental effects of single-use plastics, such as coffee capsules, as knowledge of sustainability issues rises. The interaction to coffee capsule companies has been negative, and calls for more environmentally friendly options have increased as a result. The developers undergo demand to produce eco-friendly materials for capsules, reduce packaging waste, implement recycling initiatives in order to solve those environmental problems.
Final Report will add the analysis of the impact of COVID-19 on this industry.

Coffee Capsules Market Segmentation Analysis:
By Material
• Aluminium
• Compostable
• PBT Plastic
By Distribution Channel
• Hypermarkets and Supermarkets
• Specialty Stores
• E-Commerce
• Others
By End User
• Commercial
• Residential

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