PUBLISHER: The Business Research Company | PRODUCT CODE: 1435321
PUBLISHER: The Business Research Company | PRODUCT CODE: 1435321
A coffee capsule refers to a small, cylindrical container sealed with aluminum foil that holds a measured amount of finely ground coffee. These capsules are available in various flavors and can be utilized with or without a coffee machine.
The primary product categories for coffee capsules include closed-source systems and open-source systems. In closed systems, consumers are restricted to using capsules from a single manufacturer in their capsule machines. The materials used for these capsules encompass conventional plastic, bioplastics, fabric, and others. Coffee capsules find application in both households and commercial establishments.
The coffee capsules research report is one of a series of new reports from The Business Research Company that provides coffee capsules statistics, including coffee capsules industry global market size, regional shares, competitors with coffee capsules share, detailed coffee capsules segments, market trends and opportunities, and any further data you may need to thrive in the coffee capsules industry. This coffee capsules research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The coffee capsule market size has grown rapidly in recent years. It will grow from $13.77 billion in 2023 to $15.24 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth observed in the historical period can be attributed to factors such as retail and online distribution, the market entry of Nespresso, the impact of Keurig, patent expirations, and the availability of a variety of flavors and blends.
The coffee capsule market size is expected to see strong growth in the next few years. It will grow to $21.53 billion in 2028 at a compound annual growth rate (CAGR) of 9.0%. The anticipated growth in the forecast period can be attributed to factors such as increasing innovation in capsule design, the expansion of flavor profiles, sustainability initiatives, the influence of health and wellness trends, and the introduction of premiumization and luxury offerings. Major trends expected in the forecast period include innovations in capsule technology, emphasis on convenience and portability, a focus on ethical sourcing and transparency, the introduction of limited edition capsules, and the adoption of eco-friendly packaging.
The coffee capsules market is experiencing growth, driven by the increasing popularity of instant non-alcoholic beverages such as coffee in restaurants and office cafeterias. These capsules, when used in coffee machines, reduce the time and effort required for coffee preparation. The demand for non-alcoholic beverages, particularly among millennials, coupled with consumer awareness regarding low-sugar and non-alcoholic options, has contributed to the rise in instant coffee popularity. For example, a National Coffee Data Trends (NCDT) report revealed that coffee consumption among 18-24-year-olds reached 51%, surpassing the previous high of 50% in September 2020. This surge in demand for instant non-alcoholic beverages has led to increased use of coffee machines in various settings, fueling the demand for coffee capsules and driving market growth.
The coffee capsule market is expected to see further growth due to lifestyle changes. These changes encompass alterations in behaviors, habits, daily routines, and choices. Coffee capsules align with these changing lifestyles by offering convenience, quality, and variety. As reported by the Government Digital Service, 80% of individuals over the age of 18 are expected to have changed their lifestyle in 2021. This shift in consumer preferences and priorities is a driving force behind the growth of the coffee capsule market.
While coffee capsules are widely popular, coffee pods provide an environmentally friendly alternative. Prepackaged in filter paper, coffee pods offer simplicity in usage and disposal, without the plastic or aluminum packaging found in capsules. Additionally, coffee pods are more cost-effective due to the absence of plastic or metal materials. This alternative gains traction as users find it more user-friendly and less restrictive in terms of compatibility with different coffee machines. The demand for coffee pods, which are eco-friendly and competitively priced, poses a constraint on the growth of the coffee capsules market.
A notable trend in the coffee capsules market is the adoption of bioplastics and biodegradable materials for capsule production. In an effort to reduce environmental impact, companies are exploring alternatives to traditional aluminum or plastic capsules. Capsules made from biodegradable materials, such as polypropylene derived from sugarcane and sugar beet, are gaining popularity. For instance, Zarraffa's Coffee introduced 100% biodegradable and compostable Okapi coffee capsules made from plant components. This trend reflects a commitment to sustainability and eco-friendly practices within the coffee capsules market.
Major companies in the coffee capsules market are introducing innovative products such as Paper-Based Compostable Capsules to enhance profitability. These environmentally friendly alternatives, introduced by companies such as Nestle Nespresso S.A., serve as replacements for traditional single-use coffee capsules. Launched in September 2023, these Paper-Based Compostable Capsules aim to provide a high-quality coffee experience while addressing environmental concerns.
Major companies operating in the coffee capsule market report are Nestle Nespresso SA, Starbucks Corporation, Inspire Brands Inc., The Kraft Heinz Company, BSH Hausgerate GmbH, Keurig Dr Pepper Inc., JDE Peet's N.V., The J.M. Smucker Company, Mattel Inc., Kiss me Organics LLC, Tim Hortons Inc., Luigi Lavazza SpA, Dunkin' Brands Group Inc., illycaffe S.p.A., Coffeeza Trading Private Limited, Caffitaly System S.p.A., Gloria Jean's Gourmet Coffees Corp., Vittoria Food & Beverage Pty Ltd., Fresh Brew Co., Dualit Limited, Georg MENSHEN GmbH & Co. KG, Acron Holdings Ltd., Belmoca NV, Mera SA, Bestpresso Inc., Gourmesso USA Inc., Aumeeka Ventures LLP, Coffee Nirvana Co., Halo Coffee Ltd., JAB Holding Company, Jacobs Douwe Egberts B.V., Maxingvest AG
Asia-Pacific was the largest region in the coffee capsules market in 2023. Western Europe was the second-largest region of the global coffee capsules market share. The regions covered in the coffee capsule market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the coffee capsule market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The coffee capsules market consists of sales of arabica coffee capsules and robusta coffee capsules. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Coffee Capsule Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on coffee capsule market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for coffee capsule ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The coffee capsule market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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