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.
Coffee makers prefer coffee capsules due to their versatility, ease of use, and compatibility with a wide range of coffee goods and technology. Further, rising expenditure on nutritional and healthy products is improving the demand in the market.
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Easy availability, convenience, brand experience, premium positioning, and the makers’ ability to develop and supply new goods are some of the key factors propelling the demand in the market.
Addition of capsules in cafes and increased disposable income could help the sector flourish. Furthermore, growing influence of western trends in Middle East and Asia Pacific will benefit the new entrants in the market.
The coffee capsules market is expected to rise due to technological advancements in coffee machines and availability of access to such machines to successfully use coffee capsules. Furthermore, growth of high-end, freshly brewed coffee shops, such as Starbucks, has piqued consumers’ interest. The demand for coffee capsules has risen as a result.
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.
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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
- Bio Plastics
- Others (Fabric, etc.)
By End Use:
- North America
- Latin America
- Middle East and Africa
- East Asia
- South Asia
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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
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.
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