Global Coffee Capsule Market Size, Drivers, Trends, Opportunities And Strategies – Includes Coffee Capsule Market Growth
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The growing popularity of instant non-alcoholic beverages such as coffee in restaurants and office cafeterias are expected to drive innovation in coffee capsule manufacturing, thus driving the market during the forecast period.
The global coffee capsule market is expected to grow from $12.33 billion in 2022 to $13.3 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The global coffee capsule market is expected to grow to $17.9 billion in 2027 at a CAGR of 7.7%.
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- By Material: Conventional Plastic, Bio plastics, Fabric, Other Materials
- By Application: Household, Commercial
- By Product: Closed Source System, Open Source System
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global coffee capsule market in 2021.
Major Market Players in the coffee capsule market include Nespresso, Keurig, Gloria Jean’s Coffees, Nescafe, Nestle, Lavazza A Modo Mio, Starbucks, Bestpresso, Kissmeorganics, and Gourmesso.
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.
The Coffee Capsule Global Market Report 2023 provides a coffee capsule market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The coffee capsule market forecast analyzes coffee capsule market size, coffee capsule market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
A coffee capsule is a small, cylindrical container that contains coffee and is sealed with aluminum foil. Coffee capsules contain finely ground coffee in a measured amount. Coffee capsules come in different flavors and can be used with or without a coffee machine.
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