The global coffee capsules market is expected to grow significantly, with a projected value of US$ 243.3 million in 2023, increasing to US$ 396.3 million by 2033.
The sales of coffee capsules are poised to see significant growth in Germany due to several key factors. Germany’s coffee capsules market is expected to experience a notable CAGR of 4.4% during the forecast period, reaching an estimated value of US$ 25.2 million by the end of 2033. This growth is primarily attributed to the surging consumption of coffee in the country. As per Germany Trade & Invest (GTAI), coffee remains the most popular beverage in Germany, indicating a strong and sustained demand for coffee-related products.
In contrast, India is recognized as one of the most significant coffee capsules markets. The Indian market is projected to generate an incremental opportunity of US$ 33.9 million from 2023 to 2033, with an expected expansion of 1.7 times during this period. India’s prominence in the global coffee market is highlighted by its status as the fifth-largest coffee exporter and the sixth-largest coffee producer. According to the India Brand Equity Foundation (IBEF), the country’s coffee production is on the rise, and it plays a substantial role in driving the demand for coffee capsules. With coffee consumption on the rise, the coffee capsules market in India is poised for significant growth.
Data from the Coffee Board, Government of India, Ministry of Commerce & Industry, reveals that India’s coffee production reached 334,000 MT from 2020 to 2021, with an estimated increase to over 348,500 MT from 2021 to 2022. This growing production is reflected in India’s coffee exports, with 164,108 MT of coffee shipped to various countries, including Italy, Germany, Belgium, Russia, and others. This flourishing coffee production and exportation activity underpin the positive outlook for India’s coffee capsules market.
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Key Takeaways
- The plastic segment holds the majority market share in the coffee capsules market, contributing to around 3 out of 5 sales. It is projected to create a significant incremental opportunity of US$ 38.0 billion from 2023 to 2033. Further, there is growing demand for bioplastic coffee capsules due to increasing sustainability concerns.
- In the commercial sector, coffee capsules are witnessing surging demand, with the segment projected to account for 75.4% share in 2022 and expand at a CAGR of 4.6% from 2023 to 2033. The adoption of coffee capsules in offices, cafes, and other establishments is driving this growth.
- In Germany, the consumption of coffee is increasing, leading to an expansion of the coffee capsules market at a CAGR of 4.4%.
- India is considered a notable market for coffee capsules due to its growing coffee production. India’s market is projected to create an incremental opportunity of US$ 33.9 million from 2023 to 2033.
- The United States market for coffee capsules is thriving, with a diverse range of brands, flavors, and subscription services available. Premiumization is a notable trend, with consumers willing to pay for high-quality coffee capsules.
Competitive Landscape
There are many key players operating in the market and aim at following effective strategies. A few big competitors, like Dunkin’ Brands and Starbucks Corporation, currently have a significant part of the global market. However, high product innovation, the launch of limited-edition coffee pods, large distribution networks, and better supply chains have resulted in high market consolidation, with Nestle (Nespresso and Dolce Gusto) and JAB Holdings (Senseo, Tassimo, and Keurig) holding a significant market share.
The Major Key Players-
- 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
Latest Developments
- In September 2022, the Swiss coffee brand “CoffeeB” introduced single-serve coffee, a novel compressed coffee ball made from seaweed rather than an aluminum or plastic capsule.
- Tim Hortons launched four new espresso capsules compatible with Nespresso in August 2022. Classic, bright, bold, and decaf are the four flavors available.
- Starbucks by Nespresso offered a new line of coffee capsules called Nespresso Vertuo in October 2021, giving coffee aficionados in Canada many ways to experience the characteristic café flavor.
- Starbucks and Nestlé announced a collaboration to produce a new coffee capsule product. The coffee capsule combines Nespresso’s premium at-home coffee experience with high-quality coffee.
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Key Segments Covered in the Coffee Capsules Market Report
By Material:
- Plastic
- Bio Plastics
- Others (Fabric, etc.)
By End Use:
- Commercial
- Household
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East & Africa (MEA)
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