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 Capsules Market registering 4.9% CAGR during the forecast period (2022-2032) and to reach US$ 9.8 Bn by the end of 2032.
Due to their scalability, simplicity, and compatibility with a wide range of coffee products and technology, coffee makers choose coffee capsules. Also, increasing spending on nutritive and healthful items is boosting market demand.
Request Sample Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-14533
Some of the major reasons driving the market demand are the makers’ capacity to create and supply new products, easy availability, convenience, brand experience, and premium positioning.
Increased disposable money and the inclusion of capsules in cafes could promote industry growth. Also, the expanding influence of western patterns in the Middle East and Asia Pacific will be advantageous for new market entrants.
Due to improvements in coffee machine technology and the accessibility of such devices for the successful use of coffee capsules, the market for coffee capsules is anticipated to grow. Furthermore, consumers’ curiosity has been sparked by the expansion of high-end, freshly brewed coffee shops like Starbucks. This has increased the need for coffee capsules.
Based on material, sales of plastic coffee capsules market are anticipated to register a CAGR of 4.8% during 2022-2032 and is estimated to reach US$ 5.9 Bn by the end of 2032. Polypropylene and polystyrene are the most preferred materials for manufacturing coffee capsules. Among these materials, polypropylene holds a market share of 95% in the global coffee capsules market
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.
Ask an Analyst @
https://www.futuremarketinsights.com/askus/rep-gb-14533
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
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
Report Customization available @
https://www.futuremarketinsights.com/customization-available/rep-gb-14533
Coffee Capsules Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global coffee capsules market, analysing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections on the coffee capsules based on the material (conventional plastic, bioplastics, and others), and end use (commercial and household) across seven regions
About Us:
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.
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
